Baker Hughes total rig count +1 at 580

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The Baker Hughes Rig count for the current week showed: Total U.S. rigs: 580 up +1 Oil rigs: 445 Unchanged Gas rigs: 126 up +1 The price of crude oil is currently trading at $71.20 down $0.88 or -1.21% on the day. The low price for the day reach $70.77. The high price was at […]

FHA volume slows as delinquencies show signs of easing

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Application volume for Federal Housing Administration mortgages slowed in May, as did insurance-in-force growth, but the latter is still outpacing private mortgage insurance, an analysis of data by Keefe, Bruyette & Woods found. Processing Content Furthermore, mortgage delinquency trends for FHA, which increased meaningfully following a change in loan modification rules in October, look to […]

Australia and India Finalize Uranium Trade Deal

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Australia and India finalized a long-delayed administrative arrangement on Thursday to permit Australian uranium exports to New Delhi, breaking a decade-long regulatory stalemate. The agreement permits commercial shipments under strict International Atomic Energy Agency (IAEA) safeguards to guarantee that New Delhi uses the nuclear fuel exclusively for civilian power generation. Although Australia holds roughly 28 […]

Why is BETA Technologies stock surging today?

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Why is BETA Technologies stock surging today?

BETA completes first electric aircraft flights under FAA program

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BETA completes first electric aircraft flights under FAA program

Canada adds 18,200 jobs in June, jobless rate falls to 6.5%

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Employment in Canada rose 18,200 in June and the unemployment rate fell to 6.5% as the country’s labour market shows some signs of tightening.

New York Top Real Estate Deals: Thursday, July 9

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There were 224 transactions totaling $434 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, July 8. 🏆Residential: The most expensive home sale recorded in New York was on the Upper East Side, where a nearly 5,000-square-foot condo at Reuben Brothers’ Surrey Residences at 20 East 76th Street […]

Trump withholds signature on housing bill as midnight deadline looms

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A housing bill with deep industry support The 21st Century ROAD to Housing Act passed the Senate 85-5 and the House 358-32, reflecting rare bipartisan agreement on an issue that has shadowed American housing policy for years. The legislation bundles more than 50 provisions targeting housing supply, construction barriers, large institutional investor activity in the […]

Buckle up Californians: November’s ballot will be a long read

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California election workers sort mail-in ballots during the June 2 primary. The state’s voters will weigh more than a dozen statewide bond and tax measures in November.Bloomberg News California ballots are notoriously long — likely a result of the popularity of voter initiatives — and this November’s ballot will be no exception. Processing Content The […]

Philly Office Construction Pipeline Hits Zero, Conversion Activity Slows

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More than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter marked the completion of the only office project that was under construction in the region, according to JLL. […]