Self-storage sector begins to stabilize after years of overbuilding
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A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…
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Rocket Lab (RKLB +4.74%) is building a business that extends well beyond small rocket launches. In its recent Victus Haze mission, Rocket Lab combined an Electron rocket, a company-built Pioneer spacecraft, mission software, ground control systems, and in-space operations into a single rapid response service for the U.S. Space Force. The company launched the spacecraft…
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New York City’s new pied-à-terre tax could expose residents who falsely claimed to live outside the state to avoid paying New York taxes. That’s the warning from New York Gov. Kathy Hochul’s office. According to comments obtained by Fortune, Jen Goodman, Director of Rapid Response at the governor’s office, said the state’s Department of Tax…
From left, Sundar Pichai, CEO of Alphabet; Satya Nadella, CEO of Microsoft; Andy Jassy, CEO of Amazon; and Mark Zuckerberg, CEO of Meta. Damian Lemanski | David Ryder | Bloomberg | Getty Images | CNBC | Manuel Orbegozo | Reuters The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the…