Stubborn input inflation pressures builders despite energy pullback
A brokerage fighting United Wholesale Mortgage’s All-In mandate is trying to poke holes in how the company calculated penalties for breaches of the policy based on testimony by UWM employees. Processing Content District Lending is countering UWM’s motion for summary judgment in the lender’s lawsuit to penalize the brokerage for allegedly selling loans to Rocket…
Berkshire Hathaway: The World Isn't Ready For Warren Buffett's Successor
Average daily traded volume submitted to CLS reached USD2.73tn in August 2026, up 15.4% on August 2025. The composition is the more useful signal: forwards grew 28.3% year on year, swaps 15.7% and spot 8.8%, extending a mix shift away from outright directional trading. Spot fell in absolute terms month on month, from USD0.605tn in…
Life Time announced plans to open a new athletic club and social wellness destination at Commonwealth Pier in late 2027. The club will be Life Time’s eighth in the Greater Boston market since debuting in 2015 and its first in the Seaport District. Located at 200 Seaport Blvd., the approximately 45,000-square-foot venue will overlook Boston Harbor and…
Developers around the country are continuing to scrap commercial projects as soaring diesel prices and the rising cost of construction materials are breaking the budgets of long-planned undertakings. Earlier this month, packaging-making giant Georgia-Pacific abandoned plans it announced in 2024 to turn part of its 51-story headquarters building into apartments, retail and entertainment space, canceling…
Data center developers are facing pushback at the municipal level across Pennsylvania, but one local government in Luzerne County is singing a different tune. Salem Township, Pennsylvania The Salem Township Board of Supervisors voted Tuesday to nearly triple its data center overlay district to almost 5,000 acres. The move was hailed in a press release…