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Residential construction rebounded in June as housing starts and completions recovered from May’s unusually weak levels, though building permits continued to trend lower. The latest Census Bureau data suggests that while builders remain cautious about future projects, construction activity itself regained momentum after last month’s sharp pullback. Privately owned housing starts jumped 19.0% to a…
Key Points Meta’s plan to build more efficient AI compute capacity could be significant for shareholders. Meta’s forward P/E multiple lags behind those of most of its “Magnificent Seven” peers. Wall Street remains skeptical about Meta’s capital spending plans, yet the company continues to report robust ad revenue growth. 10 stocks we like better than…
U.S. Navy warships transit the Arabian Sea in close formation as CENTCOM forces continue to promote regional security and stability, June 30, 2026. Source: US Navy The U.S. military said early Saturday it ended a seventh straight night of strikes against Iran, as Kuwait and Bahrain reported attacks by Iranian projectiles and commercial shipping continued…
Shares in SpaceX declined about 4% in premarket trading on Friday after aborted mission.
This article was written by Follow Investing wisely does not have to be rocket science. It is about discipline and running the numbers. You don’t have to be like a grandmaster chess player playing the game twenty moves ahead of your opponent, you just need to understand how the pieces work. Analyst’s Disclosure: I/we have…
Columbia University is adding a new student housing project to its dormitory portfolio in northern Manhattan. Sam Charney’s Charney Companies sold its more than 300-unit project at 99 Claremont Avenue in Morningside Heights to the Ivy League university for $122 million, a source close to the deal confirmed. The Real Deal first reported the deal….
“The View” host Joy Behar has found a buyer for her longtime Hamptons residence—nearly two years after the elegant dwelling was first brought to the market. Behar, 83, has taken one step closer to offloading the Sag Harbor, NY, property after accepting an offer on the dwelling, which is now marked as “pending” sale, meaning…
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According to a new report from Consumer Finance Monitor, on July 13, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the National Credit Union Administration (NCUA) released interagency guidance to remind the financial institutions under their supervision of their ongoing safety and soundness responsibilities when providing credit…
Key insight: Small Business Bank in Kansas, with $73 million in assets, failed Friday, the fourth failure this year. Supporting data: The failure will cost the Deposit Insurance Fund roughly $5.7 million, about 8% of the firm’s total assets at the time of failure. Forward look: The fourth failure makes 2026 the worst year for…