U.S. home sales fade in June as national median sales price hits an all-time high of $435,300
Home prices increased on an annual basis for the 24th consecutive month to reach record…
U.S. home sales fade in June as national median sales price hits an all-time high of $435,300
Home prices increased on an annual basis for the 24th consecutive month to reach record heights. New construction homes in Happy Valley, Ore., on July 11.Jenny Kane / AP July 24, 2025, 4:22 AM GMT+5 / Source: The Associated Press By The Associated Press LOS ANGELES — Sales of previously occupied U.S. homes slid in June to the slowest pace…
Paramount bidder Skydance vows to end DEI policies and create CBS News ombudsman
Skydance made the commitments in a pair of filings to the Federal Communications Commission, which regulates the media and telecommunications industry. The Paramount studios in Los Angeles. Eric Thayer / Bloomberg via Getty Images July 23, 2025, 10:51 PM GMT+5 By Daniel Arkin Skydance, the entertainment company set to take over Paramount in an $8 billion merger,…
This congressman wants to ban companies from using your search history to set personalized prices
Democratic Rep. Greg Casar is introducing legislation to ban “surveillance pricing,” whereby companies use personal data to charge consumers different prices for the same products. Leila Register / NBC News July 23, 2025, 10:11 PM GMT+5 / Updated July 23, 2025, 10:50 PM GMT+5 By Kyle Stewart and Ryan Nobles WASHINGTON — From raising the price of diapers for parents who recently…
Deals, but no details: Trump’s trade negotiations are big on numbers, light on specifics
The agreements have been overshadowed by U.S. firms’ warnings that the tariffs will affect their bottom lines and prolong uncertainty in the economy. President Donald Trump with senior officials in the Oval Office on Tuesday.Chip Somodevilla / Getty Images July 23, 2025, 8:09 PM GMT+5 By Rob Wile and Steve Kopack President Donald Trump has begun announcing a…
Trump sets 15% tariff on Japanese imports as part of investment agreement
15% would be less than the tariff rate Trump previously threatened to impose on Japan, a key U.S. ally. By Steve Kopack President Donald Trump said Tuesday on Truth Social that his administration had reached a deal with Japan, one of the largest U.S. trading partners, to lower its tariff rate to 15% as part of a sweeping…
Businesses are cautiously spending on corporate travel as trade uncertainty looms
Corporate travel spending activity increased 15% year over year in the second quarter of 2025, according to a business travel index from Navan. Travelers at San Francisco International Airport in November.David Paul Morris / Bloomberg via Getty Images file July 23, 2025, 4:03 AM GMT+5 / Source: CNBC By Ali McCadden, CNBC Corporations are continuing to spend on business…
Lawsuit says Clorox hackers got passwords simply by asking
Clorox was one of several major companies hit in August 2023 by the hacking group dubbed Scattered Spider, which specializes in tricking IT help desks into handing over credentials.Scattered Spider, which specializes in tricking IT help desks into handing over credentials. Tiffany Hagler-Geard / Bloomberg via Getty Images July 23, 2025, 3:17 AM GMT+5 / Source: Reuters By Reuters…
Credit card startup Imprint beats big banks for Rakuten co-brand deal
Credit card partnerships with retailers, airlines and hotels are some of the most hotly contested deals in finance. Rakuten Group CEO Hiroshi Mikitani in Tokyo, in August.Kiyoshi Ota / Bloomberg via Getty Images file July 23, 2025, 1:22 AM GMT+5 / Source: CNBC By Hugh Son, CNBC There’s a new player making waves in an industry dominated by big…
Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues
The capital gains tax on homes hasn’t changed in roughly 30 years, but the National Association of Realtors has been pushing for it. Home prices have risen dramatically since the start of the pandemic, up roughly 52% in the past five years nationally.Getty Images July 24, 2025, 12:51 AM GMT+5 / Source: CNBC By Diana Olick, CNBC Real estate…
Jauan Jennings participated in first 49ers training camp practice
When Brandon Aiyuk was looking for a new contract from the 49ers last year, he didn’t practice at training camp until the deal was done. Wide receiver Jauan Jennings isn’t letting his dissatisfaction with his contract take him down a similar path this summer. Jennings reported to camp on Tuesday and General Manager John Lynch said that…
