Residential building permits in the US dropped 1.7% over the year ending July 2026, running 19.4% below the pre-pandemic trend, signaling a worsening housing shortage. Detached single-family home completions fell 2.5% in 2025, marking the third consecutive annual decline and the lowest since 2020. Builders are responding by constructing smaller homes faster to maintain affordability, but the reduced pipeline risks tightening the market and driving prices higher when demand returns. Regional permit declines are concentrated in Sun Belt cities, while some coastal and Midwest markets see gains after years of subdued construction.
Douglas Thompson, Chief Operating Officer of CAVA, purchased 6,500 shares of the company valued at $432,000. This insider buying could signal confidence in CAVA's future prospects. Investors often view such purchases as a positive sign, potentially i...
Sailfish Royalty Corp. announced a non-binding letter of intent with Mako Mining Corp. to purchase refined gold over 20 years, enabling Sailfish to pay a gold-linked dividend equivalent to one ounce of gold annually per 18,000 shares, plus a special ...
Agilis Air, an Ohio-based drone developer, raised $1.4 million in early funding and was accepted into the U.S. Army's UAS Marketplace, allowing direct sales of its $1,250 Remora drone to military units. The Remora is a low-cost, American-made drone d...
Bitcoin climbed above $77,800 and Ether gained about 2%, outperforming technology stocks. This rise comes as optimism grows around the Clarity Act, which is set for a Senate vote on Tuesday. The positive sentiment in crypto contrasts with a slide in ...
With existing home sales at historic lows, both Home Depot and Lowe's face challenges as renovations decline. Home Depot's dividend is covered but with a thinner cash flow cushion, while Lowe's shows a stronger free cash flow yield and wider dividend...
