SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean semiconductor shares tumbled on Tuesday, extending a rout in chipmakers after another weak session on Wall Street. SK Hynix plunged more than 10%, while Samsung Electronics fell over 8%. […]
“Historically, governments have been rewarded primarily for prudence. Increasingly, I think they’ll also be rewarded for intelligent innovation,” BKC Group co-founder Megan Kilgore said. TRITTSCHUH PHOTOGRAPHY Local governments are starting to lean on artificial intelligence to increase efficiency, however, they’ve been slower to adopt the technology than states, according to a panel at the Brookings […]
Rybak Development is gearing up for a massive development on its home turf. The Coney Island-based developer filed plans with the Department of Buildings on Tuesday to build a 527-unit mixed-use development in the historic Brooklyn neighborhood it calls home. The project, dubbed Tilyou Towers, will redevelop a city-owned parking lot at 2108 Surf Avenue […]
With the landmark 21st Century Road to Housing Act now law, local governments may finally rein in the red tape that is choking off the construction of new homes. The new law includes a $200 million “innovation fund,” which would be a competitive grant program for local governments that can show they’ve taken steps to […]
Roycemore School will shutter for the 2026-27 school year after defaulting on its Series 2021 revenue bonds.Jennifer Shea Roycemore School in Evanston, Illinois, defaulted this month on the loan agreement for its unrated revenue bonds and will close its doors for the 2026-27 school year. Processing Content Roycemore was a co-ed college prep school serving […]
This Week In A Nutshell: Rates are elevated and likely to remain volatile with risks on three fronts: oil prices, AI-driven inflation, and a newly unpredictable Fed. Upcoming Attractions This week will be all about the Fed with Kevin Warsh’s second meeting as chair on Wednesday. There is an unusual level of uncertainty regarding what […]
CNBC’s Jim Cramer on Monday said the latest chapter of the artificial intelligence boom is reviving memories of the excesses that fueled the dot-com bubble. “I lived through 2000,” the “Mad Money” host said. “I don’t want the sequel.” On Sunday, the Wall Street Journal reported that Nvidia was discussing a $250 billion backstop for […]
“A takeaway from the Washington state case is that government sponsors facing budgetary pressures may be tempted to view overfunded public defined benefit pension plans as a source of fiscal flexibility,” said Marcos Alvarez, managing director for global financial institution ratings at Morningstar DBRS. Washington state’s move to tap the surplus from one of its […]
Northeast Private Client Group (NPCG) arranged the $3,525,000 sale of 250 Main ST. in Boston’s Charlestown neighborhood. Investment associate Tom Egbers represented the seller and procured the buyer. 250 Main St. is a mixed-use property located in Charlestown. The property offers the buyer a well-positioned mixed-use asset in one of Greater Boston’s most sought-after urban neighborhoods, with strong residential and […]
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