Amazon wants to plant a 4.2 million-square-foot warehouse development in the middle of Long Island. The Seattle-based e-commerce giant has filed plans to build two warehouses on 140 acres of woodland near Sunrise Highway and Beacon Drive in the hamlet of Holbrook, east of Long Island MacArthur Airport, Newsday reported. The $1 billion fulfillment warehouse…
Attention is now shifting from finding a bottom to determining whether a genuine trend reversal is beginning. Bitcoin’s slide to around $57,700 at the end of June may have completed the worst phase of its 2026 bear market, according to a new market update published by BIT on July 17. After correctly anticipating much…
The World Cup has been a bonanza for beer in the U.S. Bars in Boston reported needing emergency deliveries to keep taps from running dry on some game days. Fans downed a total of 290,000 stadium beers during the six matches in Philadelphia, FIFA organizers said. But all that frothy foam obscures a cold reality: Beer sales have been struggling globally,…
About three-fourths of Americans lack the wealth needed to prosper in today’s economy, according to a new benchmark developed by the Aspen Institute.
Money Marketing’s must-reads: Top 10 stories of the week An accelerated shift in state retirement planning, alongside sweeping tax overhauls, dominates the wealth management headlines this week, forcing advisers to rethink long-term wealth preservation. The industry faces immediate strategic hurdles as the Treasury confirms the state pension age will rise to 68 by 2039, while…
The World Cup is driving record-breaking activity on prediction markets, with popular platforms Kalshi and Polymarket reporting their highest trading volumes to date. Just days ahead of Sunday’s final, the Argentina–Spain contract has become the single largest market in the platforms’ history, while overall World Cup trading has outpaced other major sports-related contracts. According to…
Dan Eiermann Good morning, everyone. Thank you for joining us today. We’ve got two exciting new product launches to come for the ERICO brand today. Real quick before we get into it. If you have any questions or additional information after the webinar, please put so into the chat. Either myself or Corey will follow…
It’s a done deal for the Gotham Organization — with a final approval of its controversial Monitor Point in Brooklyn won after the inclusion of more than 600 affordable homes. The City Council gave its final go-ahead Thursday for the locally based developer to construct two towers with 1,324 apartments at 40-56 Quay Street, in…
Key insight: Truist Financial is no longer originating marine and recreational vehicle loans, and it has significantly reduced originations in other books, including indirect auto lending. What’s at stake: The remix, which comes ahead of a CEO transition, is Truist’s latest effort to improve profitability and efficiency. Forward look: Observers will be watching to see…
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