U.S. apartment demand outpaced new supply over the past year for the first time since early 2022, Cushman & Wakefield said in its second-quarter 2026 U.S. Multifamily MarketBeat. Vacancy fell below 9% for the first time since 2024 and construction activity continued to retreat in Q2. Net absorption totaled 124,600 units during Q2, the fifth-highest…
University of Tennessee sues Anthropic over neural network technology
According to CBC News, 38 Indigenous communities in BC acquired a 12.5 percent stake in the Westcoast system last year, backed by the first federal Indigenous Loan Guarantee. BNN Bloomberg put the number of communities at 28, and said Enbridge has told the groups they can take equity in the expansion but are not required to. “We all bring…
Earlier this month, JPMorgan Chase CEO Jamie Dimon pointed to shipbuilding as an example of the modern American Dream: a career where workers can earn six-figure salaries after just a few years of training while helping rebuild a critical piece of U.S. infrastructure. And while on paper, it’s an attractive proposition—in practice, it might be…
Sumsub has announced a shift in its business model, repositioning itself as what it calls the first AI-Powered Trust Infrastructure in the market. The move is designed to help its more than 4,000 global customers expand into new jurisdictions securely while simplifying risk decisioning, fraud detection and compliance. The company describes Trust Infrastructure as the…
Embraer and Saab sign deal for 20 more Gripen jets in Brazil
Senator Ron Wyden, ranking Democrat on the Senate Finance Committee, said the plan would benefit the Trump family and “make Wall Street traders rich,” while Senator Elizabeth Warren called it “an egregious scheme to profit off the presidency and enrich Wall Street,” both according to Reuters. Ethics specialists agreed on the optics while splitting on the law. …
Crypto has spent more than a decade on the edge of mainstream investing, cast either as a technological revolution or a speculative distraction. According to a new T. Rowe Price research report titled “Crypto edges into the mainstream,” that debate has shifted. Key Takeaways: T. Rowe Price research favors sizing diverse crypto exposure deliberately over…
California is suing five cities for repeatedly failing to plan for their share of housing, Gov. Gavin Newsom announced. KTLA reported that Attorney General Rob Bonta and the California Department of Housing and Community Development (HCD) filed lawsuits against Calexico, Costa Mesa, Half Moon Bay, Ridgecrest, and Turlock. The suits accuse each city of violating…
The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. Developed in partnership with the Housing Authority of Travis County (HATC), the community will provide affordable housing for families and working professionals earning between 30% and 70% of the Area Median Income (AMI). …