GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward
Consumer spending and business investment in AI drive the economy forward
For the first time in four years, the EB‑5 industry has an up-to-date draft rulebook. The recently released policy document provides long-awaited guardrails but has also touched off a wave of anxiety, as it proposes a rule change that could threaten many projects in the works under the program. Among the changes are restrictions on…
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images On an early morning in January, Jake Linsley woke up to a text from Amazon that was lighting up his phone. “I thought it was saying, ‘Your package is delayed,’” Linsley said in an interview….
“We are very pleased with the decision to revise the outlook from stable to positive,” NJTA Executive Director Kris Kolluri said.Gevon Servo/NJ Transit Moody’s Ratings revised the outlook on the New Jersey Turnpike Authority’s (NJTA) revenue bonds to positive from stable and affirmed the A1 ratings on the outstanding revenue bonds. Processing Content “We are…
IBM‘s pre-earnings warning to investors reveals a new reality in the AI spending boom: There’s only so much money to go around, so some tech companies are winning at the expense of others. The company said customers are shifting technology budgets in two important ways. First, they’re spending heavily on memory chips, servers, and storage…
Nearly a quarter century after the 9/11 terrorist attacks leveled the World Trade Center towers, work on the new campus’ final new office tower is underway. Bisnow/Ciara Long Executives from the Port Authority of New York and New Jersey, Silverstein Properties and the Building and Trades Council celebrated the 2 World Trade Center groundbreaking Thursday…
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS®, sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million, though they remained 2.8% above their level from a year earlier….