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Redfin’s latest housing report points to a market moving in the wrong direction for buyers. Home shoppers were itching for plentiful listings and fading sales momentum to cool prices. However, Redfin’s June 11 update showed the opposite.  Home prices pushed to a new record even as buyer activity continued to lose steam. On top of […]

“You’re hitting tank bottom.” That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared with senior officials in Washington. The same person gave it an unusually specific deadline: mid-to-late June, according to E&E News. The White House’s response

Americans who are saving for retirement have a number of decisions to make about the tools they can use to enable their money to grow over the course of their careers so they can enjoy the retirement lifestyle they dream of. And many people struggle to sift through the advice they get from influential sources

SpaceX’s (SPCX) historic IPO kicked off with a valuation few companies ever touch. Consequently, it also left investors wondering how much upside is left, or whether profit-taking is about to begin. SpaceX’s stock, priced at $135, raised $75 billion, opening a brand new chapter for Elon Musk’s space empire, according to Reuters. By its first

On January 14, the company behind some of the most recognizable names in American department stores filed for Chapter 11 bankruptcy protection. The filing followed months of delayed payments to vendors, the kind of slow-motion crisis that has ended plenty of legacy retailers for good. The filing came less than a year and a half

Despite sitting on a record cash reserve of nearly $400 billion, Berkshire Hathaway has opted to pull back from equity markets rather than deploy capital into stocks. The company ended the first quarter of 2026 with $397.4 billion in cash, cash equivalents, and short-term Treasury bills, a record for Berkshire, according to the company’s quarterly filing.

For much of its existence, Costco did not focus on shopping experience because its core goal was keeping prices low. The company famously uses warehouses — literally pallets of merchandise on the floor — as its stores to eliminate the cost of moving inventory from the back to the front. Every aspect of the experience

Adobe (ADBE), the software maker behind Photoshop and Acrobat, beat earnings estimates for its May quarter and lifted its full-year guidance. However, the company told Wall Street that it would grow a bit more slowly this year, even as it reported record sales. Investors sold ADBE on the news, pushing the stock to its lowest

President Donald Trump has come out in support of the REPAIR Act, a bill making its way through Congress that would ensure a car owner’s right to repair and modify their vehicles without artificial barriers imposed by car manufacturers. According to some consumer advocacy groups, original equipment manufacturers (OEMs) such as Ford, GM, and Tesla

For roughly eight decades the Las Vegas Strip has been an iconic global hub for gambling, nightlife, and entertainment. It was also among the most-visited destinations in the United States. However, the latest data signal a change.  Visitor volume for the full year 2025 amounted to 38.55 million, marking a year-over-year decline of 7.5%, according