LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors said Wednesday. Sales …
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Tesla Expected to Report Falling Profit as Car Sales Fall – The New York Times
Tesla Expected to Report Falling Profit as Car Sales Fall The New York Times Get ready for more bad news from Tesla CNN Tesla earnings are coming Wednesday. Here’s what top analysts expect CNBC Tesla’s quarterly results: what are investors and fans looking for? Reuters Tesla’s Darkening Outlook to Test Robotaxi Vision Pushed by Musk Bloomberg Source link
Read More »US existing home sales fall more than expected in June – Reuters
US existing home sales fall more than expected in June Reuters June home sales drop as prices hit a record high CNBC Home prices hit an all-time high even as the housing market slowdown deepens MarketWatch Home sales declined in June as prices hit new all-time high Yahoo Finance US home sales slip in June with mortgages rates high and prices hitting unprecedented levels ABC …
Read More »McDonald’s Snack Wrap launch lifts sales
Wayne Kuhl, a McDonald’s chef, shows the spicy and ranch Snack Wrap after he finished wrapping at the McDonald’s Headquarters in Chicago on May 29, 2025. Nam Y. Huh | AP Early data suggests the return of McDonald’s Snack Wraps is winning over customers. After a nearly decadelong hiatus, the burger chain brought back the popular menu item earlier this …
Read More »Tesla (TSLA) sales are down 21% in biggest US EV market, dragging whole market down
Tesla (TSLA) sales are down 21% in California, the largest EV market in the US, and this decline is dragging the entire EV market down. California accounts for roughly a third of EV sales in the US, making it the most significant electric vehicle market in America. Tesla has dominated the EV market in California, but its market share has …
Read More »Trump Mulls Removing Capital-Gains Tax on Home Sales. The Aim Is to Juice the Housing Market. – Barron's
Trump Mulls Removing Capital-Gains Tax on Home Sales. The Aim Is to Juice the Housing Market. Barron’s Trump says he’s considering a new tax break. Here’s how it could impact the housing market. USA Today Trump floats eliminating capital gains tax on home sales. What would that mean? CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know Forbes …
Read More »US considering removing tax on capital gains on home sales, Trump says – Reuters
US considering removing tax on capital gains on home sales, Trump says Reuters Trump says he’s considering a new tax break. Here’s how it could impact the housing market. USA Today Trump floats eliminating capital gains tax on home sales. What would that mean? CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know Forbes Trump Looking at Removing …
Read More »Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know
Topline President Donald Trump on Tuesday signaled support for legislation eliminating a capital gains tax on home sales, suggesting a reform on the tax policy—which has gone unchanged for decades—that a National Association of Realtors study found could impact millions of Americans. Trump has said a bill eliminating the capital gains tax for home sales would be a “very big …
Read More »Philip Morris Stock Tumbles as Sales Miss Estimates
Shelby Knowles / Bloomberg via Getty Images Even with Tuesday’s losses, shares of Philip Morris International have added more than a third of their value year-to-date. Philip Morris International (PM) shares sank over 7% in Tuesday afternoon trading after the tobacco giant missed quarterly sales estimates as demand for cigarettes continued to decline. The maker of Marlboro cigarettes and IQOS …
Read More »Lexus Kills LC Hybrid After Just 8 Sales Last Year
Get The Drive’s daily newsletter The latest car news, reviews, and features. Any way you look at it, the Lexus LC 500 is one of the world’s greatest cars. I’ve been lucky to drive several since it came out in 2018, and each time I got behind the wheel of the V8 model, I loved it more than the last. …
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