U.S. office vacancy fell 30 basis points to 18.3% in the second quarter of 2025, the largest quarterly decline since 2015, according to CBRE. Leasing activity totaled 62.4 million square feet, up 16% year over year. Over the past 12 months, leasing reached 243 million square feet, a 4% increase from the prior period. Office use has moved above pre-pandemic averages as more organizations implement in-office policies, though actual attendance remains below employer expectations.

Schneider Electric reported second-quarter 2026 revenue of $13.1 billion, up 17% organically year over year, and first-half revenue of $24.4 billion. The company said it completed the acquisition of AiDASH last week for $350 million to strengthen utilities’ ability to monitor transmission-line risks. Schneider reports results in euros, with the dollar figures converted using exchange rates as of July 30, 2026, when 1 euro was about $1.15.