Author: Charlotte

Building permits soar as construction sector activity expandsCyprus’ economy continued to display a mixed but generally resilient performance in the opening months of 2026, with strong growth in construction activity and vehicle registrations offset by weaker exports and a sharp decline in tourist arrivals, according to the Cyprus Statistical Service (Cystat). Among the indicators showing positive momentum, manufacturing production rose by 0.5 per cent during the period from January to March 2026 compared with the corresponding period of 2025. At the same time, the construction sector posted a substantial increase in activity. According to Cystat, the total area covered by…

Investing.com– Gold prices rose in Asian trading on Thursday, recovering from the previous session’s losses as investors welcomed the signing of a U.S.-Iran interim peace agreement, while weighing the Federal Reserve’s signal for a rate hike later this year. rose 1.4% to $4,317.80 an ounce by 21:20 ET (01:20 GMT). However, slipped 1% to $4,339.30. The yellow metal fell 1.7% in the previous session due to a stronger U.S. dollar and rising following the Fed’s latest policy decision. Get premium commodity market insights with InvestingPro subscription Bullion found support from optimism surrounding the U.S.-Iran accord, which is expected to ease…

New Research Could Help Congress Finally Settle the Crypto Regulation Debate – Georgia State University News – Press Releases, Robinson College of Business – Main navigation Source link

Rumble finalized its acquisition of Northern Data AG on June 17, 2026, gaining control of approximately 22,000 NVIDIA H100 and H200 GPUs in a single all-stock transaction. CEO Chris Pavlovski made it clear this isn’t a side project. The company is positioning itself as a long-term competitor to hyperscale cloud providers, with a “freedom-first” infrastructure pitch. What Rumble actually bought The deal gives Rumble approximately 85.2% of Northern Data AG, a German AI infrastructure provider. Beyond the headline GPU count, the acquisition includes more than 200 MW of unmonetized power capacity spread across nine data centers in Europe and the…

Mutual fund assets rose by 3.3% to $2.7 trillion at the end of May, while ETF assets jumped 5.2% month over month to $859.6 billion, the Securities and Investment Management Association (SIMA) reported on Wednesday. Mutual funds experienced a 13th straight month of positive net sales, totalling $2.9 billion, up from $2.4 billion in April. Bond funds recorded the strongest inflows at $1.4 billion, with specialty funds following at $855 million. Balanced funds brought in $588 million in net sales, a reversal from April, when they saw net redemption of $352 million. Equity mutual funds recorded just $63 million in…

To address inequality and the social problems it gives rise to, Australia must return to a robust mixed economy with essential services in public control.Politicians and bureaucrats who are responsible for the neoliberalisation of the Australian economy since the 1980s remain unyielding in their belief that inequality is not a serious problem confronting the country’s economy and society today. They point to things like low productivity rates (blame the workers!) and external pressures (the Ukraine and Middle East conflicts), to explain why inflation remains a problem, and why taxing the rich is not a good idea.Yet, Oxfam has recently reported…

Total value locked in the canonical bridge of World Chain, the Optimism Stack rollup operated by Worldcoin’s Tools for Humanity, climbed 32.87% over seven days to about $602M, according to a DefiLlama snapshot earlier this morning. The token tracked the move, with $WLD up over 50% in the same window. The bridge holds assets locked on Ethereum that mirror across to the L2, and at $605 million, it’s the chain’s deepest pool of collateral. Re7 Labs, the risk curator running the most active lending vaults on the chain, now sits at $32.69M deployed on World Chain, about 35% of its…

YC’s 126-company real estate and construction portfolio reveals a wave of AI-native startups targeting cost estimation, transaction paperwork, and property operY Combinator’s real estate and construction portfolio has reached 126 funded companies, according to the accelerator’s June 2026 directory, with the most recent cohorts reflecting a pronounced shift toward AI-native tools that embed directly into industry workflows rather than simply digitizing existing ones.The range of problems being attacked — from blueprint analysis and concrete takeoffs to landlord banking and brokerage paperwork — points to an industry where manual, fragmented processes remain widespread despite decades of software investment. Across the cohort,…

Orthopedic groups and surgeons are thinking twice about partnering with private equity, and instead exploring other avenues that allow them to retain more control.  Many surgeons go the private equity route because they feel that is the best way to accelerate their practice’s growth. The capital to get things moving can be beneficial to help practices get things off the ground quicker, there are some drawbacks that can come with that up-front funding. Private equity partnerships can work out for practices, but there are a number of important questions and tradeoffs that surgeons need to consider before signing those contracts. …

Amazon’s growth over the past three decades has been phenomenal. The company initially started out selling books online at the start of the internet boom in the mid-1990s, but its online marketplace now offers millions of goods, from clothing to electronics to groceries and household essentials. The world’s biggest online retailer has also expanded into other businesses, namely in cloud computing and artificial intelligence — the latest trend in tech. Growing its massive everyday relevance in retail and media while maintaining its dominance in cloud computing requires major investment and cash outlays. Here’s how much free cash flow Amazon has…