U.S. stock futures drift higher with Fed rate hike in focus

Key insight: Over the past two decades, banks had been closing more branches than they were opening. Now, for the first time since 2009, that trend appears to be turning around. Supporting data: In the past three quarters, U.S. banks have reported a net gain of 120 branches. Expert quote: “The conventional wisdom for many…

A recent selloff in AI-linked stocks offers opportunities for investors across the hardware, internet and energy sectors, according to analysts.

Iamproperty, the Newcastle-based property technology firm, has joined the Open Property Data Association (OPDA) as its newest member. The firm was founded in 2009 and provides digital solutions across the home buying, selling and lettings process. It supports over 7,000 branches of estate agents across the UK. Chris Watson, head of data and insights…

Key insight: A bipartisan housing bill passed Congress with overwhelming margins in both chambers before President Donald Trump canceled a signing ceremony the morning it was to become law. What’s at stake: The law reshapes manufactured and modular housing rules, restricts large institutional investors from buying single-family homes, and includes a handful of banking industry…

The office sector in the 25 largest U.S. markets showed renewed strength in July as vacancy rates dropped, the construction pipeline slowed and listing rates were on the rise, according to a report from CommercialCafe. The commercial real estate marketplace firm found that the national office vacancy rate in July stood at 17.7%, down 130…

Back in May, “Shark Tank” star Kevin O’Leary made a series of media appearances accusing some vocal opponents of his data center plans in Box Elder County, Utah, of being foreign-backed agents. Now, Mr. Wonderful is being sued for defamation. In a lawsuit filed Wednesday in a Utah federal district court, Alliance for a Better…