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Hungary finance minister says 2026 deficit would reach 7.5% of GDP
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Shares in Bank of America shares declined in premarket trading after the banking giant posted a 15% jump in revenue vs. a year earlier.
Builder caution defines August despite single-family start gains
Multifamily construction continued its retreat, with starts on projects of five or more units plunging 22.5% to 344,000 units. The month did bring one meaningful upward revision. July’s headline figure was bumped significantly to 1.3 million from 1.2 million, and single-family July starts were lifted to 853,000 from 808,000, suggesting building activity last month was more…
A Heart as Big as Her Hair: Dolly Parton’s Charitable Legacy
When Dolly Parton passed away on Aug. 25, 2026, at age 80, the world lost not only a country music icon but also one of entertainment’s most prolific philanthropists. Over her lifetime, Parton gave generously to causes ranging from childhood literacy to disaster relief, leaving behind a charitable legacy as enduring as her music. A…
AI-Assisted Construction-Bid Startup Fields $4M Seed Investment
A Philadelphia-based startup that uses a combination of foreign labor and artificial intelligence to help construction contractors submit more bids has closed its inaugural investment round. Courtesy of Guthrie AI Ted Baumgardner, center, surrounded by members of the Guthrie AI team at a trade show Guthrie AI raised $4M to help expand beyond its roster of 52…
Brent holds above $100 as tanker attacks deepen supply fear
Brent holds above $100 as tanker attacks deepen supply fear
