WASHINGTON (August 21, 2025) – Existing-home sales increased by 2.0% in July, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Northeast, South, and West, and fell in the Midwest. …
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US home sales rose in July as mortgage rates eased
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the National Association of Realtors said Thursday. …
Read More »July home sales rise as prices approach inflection point
A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images Sales of previously owned homes rose 2% in July compared with June to 4.01 million units, on a seasonally adjusted, annualized basis, according to the National Association of realtors. Housing analysts had …
Read More »Target nabs Q2 beat, but stock sinks as management continues to warn of slumping sales
Target shares sank 10% in premarket trading after the retailer posted a Q2 earnings beat but reiterated expectations for a sales drop this year. The company also announced that longtime CEO Brian Cornell would step down. Adjusted earnings per share came in at $2.05, versus Wall Street’s estimate of $2.04. Revenue landed at $25.2 billion, compared with forecasts of $24.9 …
Read More »Target CEO steps down as company faces weak sales and customer boycott | Business
The CEO of Target is stepping down, as the embattled retail giant seeks to turn around its fortunes amid an ongoing customer boycott over its scaling back of diversity, equity and inclusion (DEI) initiatives. Brian Cornell will be replaced next year by , Target’s chief operating officer, the company said on Wednesday. Cornell helped re-energize the company when he became …
Read More »Target Sales Decline Again As Retailer Warns Of ‘Volatile’ Tariff Environment, Lowe’s Beats Expectations
Topline Target posted another quarter of declining sales Wednesday, but not as steep as their first quarter sales drop, as the big box retailer struggles to recover after facing consumer backlash and tariff pressure—while Lowe’s beat expectations for earnings and sales as it reached a deal to acquire a construction materials supplier for professional builders. Big box retailers including Lowe’s, …
Read More »Pharma is pivoting to expand direct-to-consumer sales. Will prices come down?
Among the demands that President Trump has made to the pharmaceutical industry to lower drug prices, there’s been one that companies have enthusiastically supported: selling drugs directly to consumers. Even before Trump began discussing the idea, Eli Lilly and Novo Nordisk had adopted this model for their blockbuster weight loss treatments — offering discounted cash prices to patients not using …
Read More »FTC Takes Action Against Ticket Resellers for Using Illegal Tactics to Bypass Ticket Limit Protections in Violation of Better Online Ticket Sales Act
The Federal Trade Commission is suing a ticket broker operation for allegedly using unlawful tactics to exceed ticket purchasing limits for many popular events, including Taylor Swift’s Eras Tour, and resell the tickets at significantly higher prices, generating millions in revenue. “President Trump made it clear in his March Executive Order that unscrupulous middlemen who harm fans and jack up …
Read More »Fed Chair Remarks, Home Sales, Walmart and Home Depot Earnings
Key Takeaways Federal Reserve Chair Jerome Powell is set to deliver closely watched remarks on Friday, potentially signaling how the central bank could approach interest rates. Walmart, Home Depot, Target, and Lowe’s are scheduled to report earnings, giving insight into consumer spending patterns and tariff pressures. Housing market data, Fed meeting minutes, and weekly jobless claims also will attract attention …
Read More »Xbox console sales decline amid these strategic distractions
One thing has consistently haunted Xbox throughout this generation: its struggling hardware sales. Right from the start, the Xbox Series X|S made a solid debut, even occasionally edging out the PlayStation 5 in the US according to Circana sales reports. During those early days, Xbox snagged the sales crown multiple times over the holiday season. However, that initial momentum was …
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