Copper, often called the “metal of electrification,” has emerged as one of the most strategically important commodities in the global economy. Once viewed mainly as a basic industrial metal, copper is now at the center of the world’s transition toward clean energy, electrification and digital infrastructure. The sharp rise in copper prices in recent years…
Bentley Zhao’s New Empire Corporation, a New York City-based developer of residential mixed-use buildings, dropped $33.5 million to acquire a Midtown parking garage at 10 East 30th Street, according to a deed filed in property records on Thursday. The purchase, made through the entity Rolls Yacht Tower Management, follows an application filed by the developer…
Momentum works – until it doesn’t. Here’s a smarter way to build wealth. Listen to the audio version of this article (generated by AI). Hello, Reader. Tom Yeung here with today’s Smart Money. In early 2005, Staples launched a new ad campaign that introduced the world to the “easy” button. Customers soon began asking where…
Is a bear market around the corner? No one can say for sure, but one is certainly coming eventually, and perhaps soon. There are plenty of reasons to expect one. Consider, for example, geopolitical and economic concerns such as tariffs, the war with Iran, volatile oil prices, the threat of inflation (and, therefore, potentially rising…
Prior import prices +1.9% (revised to +1.7%) Export prices -0.6% vs -0.4% expected Prior export prices +1.3% (prior revised to +1.2%) The import number swings the other way from CPI and PPI, perhaps highlighting that inflation pressures aren’t going away. At the same time, oil prices are near the highs of the day with brent…
Eastern Bank provided financing for a multi-site affordable senior housing development in four New Hampshire communities: Tamworth, Bethlehem, Manchester and Pelham. The Community Development Lending team advising this transaction was led by SVP, commercial group director of community development lending Yongmei Chen and VP, community development lending team leader Angela Meehan. Sponsored by Housing Initiatives of New…
Cardano developer Input Output is handing control of core blockchain infrastructure to outside teams, reducing the network’s dependence on the company that built it, Input Output announced Friday. Input Output said the handover is the next phase of Cardano’s decentralization. It covers Cardano’s Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology and developer…
— Next-Generation TMR Magnetic Switch with Ultra-Low 50nA Maximum Supply Current Expands MDT’s Proven CGM Sensor Portfolio ZHANGJIAGANG, China, July 18, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors and a pioneer in Tunneling Magnetoresistance (TMR) technology, today introduced the TMR1370 ultra-low-power magnetic switch IC, the newest addition to MDT’s…
Holders of bonds issued for the Donald W. Wyatt Correctional Facility will take a haircut under terms of a Chapter 11 bankruptcy settlement.Bloomberg News A detention center in Rhode Island used to house detainees of Immigration and Customs Enforcement and the U.S. Marshals Service has filed for bankruptcy, saying it cannot afford to pay off…
Established in 1918, The Victor Cafe in Philadelphia specializes in Italian food, offering customers ravioli, risotto, and steak. However, the restaurant isn’t known only for its food. Victor Cafe’s claim to fame is its appearances in the “Rocky” franchise: The restaurant appeared in “Rocky Balboa” in 2006, and its spinoff, “Creed.” In the movies, the…