Los Angeles’ Oceanwide Plaza, a massive downtown development stuck in limbo so long it became tagged and transformed into the infamous Graffiti Towers, has been cleared for sale. The long process of selecting a new developer after the original Chinese developer went bankrupt may finally be coming to a close. SEE ALSO: Los Angeles’ Moribund…
Micron Technology (MU +12.26%) stock has shed close to 29% of its value over the past month, but it has nothing to do with fundamentals. The tailwinds of the memory cycle remain intact, and each day further proves that AI demand is rising. The current dip presents a compelling buying opportunity that may not be around…
Broader growth signals hold steady A separate measure of present-day economic conditions, the Coincident Economic Index, told a steadier story, climbing 0.2% in June to 114.6 after an identical 0.2% gain in May. All four inputs that feed the CEI, payroll employment, personal income excluding transfer payments, manufacturing and trade sales, and industrial production, contributed…
More discounted homes are becoming available as pandemic-era foreclosure protections continue to fade.
Net new assets surged at Charles Schwab in the second quarter, propelling the brokerage’s total for client holdings past the $13 trillion mark. Processing Content Westlake, Texas-based Schwab reported Tuesday that its inflows of “core net new assets” were up nearly 50% year over year to nearly $120 billion in the second quarter. Schwab defines…
Los Angeles is once again the outlier in the national office recovery. While vacancy tightened in more than half of major U.S. markets in Q2, LA’s rate climbed to 25.8%, driven by steep emptying in Downtown and Hollywood even as Century City pulls in tenants. The divide underscores a structural challenge in LA’s office market: The city’s creative-heavy…
Institutional investments in India’s real estate sector remained resilient during Q2 2026, reaching $1.9 billion, registering a 16% increase quarter-on-quarter (QoQ), according to Cushman & Wakefield’s Q2 2026 Capital Marketbeat report. While investment activity moderated 7% year-on year (YoY), the overall market continued to witness consistent deployment, supported by strong participation from domestic investors…
It’s likely fair to say that all of the sectors of the equity market have reacted to 2026’s geopolitical pressures in different ways, be it positive or negative. That being said, none have moved in quite as interesting a direction as the materials sector. Key Takeaways: The materials sector may face some challenges from the…
Key insight: A credit union is suing TruStage, the dominant financial-services vendor to credit unions, for allegedly failing to deliver the security it advertised, seeking to make the vendor pay before anyone has confirmed that member data was stolen. What’s at stake: The suit tests whether credit unions can make their technology vendors bear the…
Key Takeaways Entrepreneurs are tapping into vibe coding and flooding the App Store with AI-generated apps. Vibe coding is the process of describing an idea to an AI tool in plain English and watching it create a custom app. It remains unclear if vibe coding is revitalizing the App Store ecosystem or simply adding to…