Home prices smashed another record in June as sales slump

Orlando-area real estate agent and TikTok creator Freddie Smith talks Florida’s expensive market and his best advice for achieving homeownership. Cost Buying a new home A new report shows it has hit another all-time high. According to data released by the National Association of Realtors, the median sales price of existing homes in the U.S. […]
Coca-Cola raises annual sales, profit forecasts on steady demand

Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” Coca-Cola on Tuesday raised its full-year organic sales and profit outlook, signaling that consumers, mainly in international markets, are willing to spend more for the company’s higher-priced sodas, energy drinks and […]
McDonald’s aims to extend $5 meal deal to keep customer sales trek going

McDonald’s seems to be loving its $5 meal deal and the lure it has had on customers — so much so that the chain is planning to continue the deal past its planned retirement. The deal, which gives customers a choice between a McDouble or a McChicken sandwich paired with a small order of fries, […]
Home Prices Dip for First Time off Crazy Spike, Price Reductions Surge, Sellers Emerge, House Sales Drop Year-over-Year, Inventories & Supply Keep Rising

Estimated Reading Time: 2 minutes “Normalization” or “deceleration,” as this phenomenon is called, is setting in Prices of existing single-family houses, condos, and co-ops dipped in July, reverting to seasonality for the first time since 2019, amid surging price reductions. Single-family house sales dropped 4.1% in July, from a year ago, the first decline since […]
Bud Light collapse continues as beer sales plummet to third place

Bud Light’s transgender fiasco appears to continue to take its toll on the brand. Reports found Among beers, it has fallen from second to third place. Bud Light has been the target of a nationwide boycott after transgender activists announced a partnership with the company to celebrate the “100 Days of Girlhood” campaign on social […]
Retail sales in Great Britain slump by 1.2%; government borrowing figure for June is lowest since 2019 – business live | Business

Important Events Retail sales in the second quarter declined 0.1% from the first quarter, contributing little to GDP growth. Rob WoodThe chief UK economist at Pantheon Macroeconomics said this left his second-quarter GDP growth forecast unchanged at 0.6%, compared with the Bank of England’s forecast of 0.5%. “This is due to strong consumer spending on […]
Amazon Prime Day 2024 breaks record, US online sales hit $14.2B

According to Adobe Analytics research, U.S. shoppers spent a record $14.2 billion through the online retailer during Amazon’s two-day Prime Day sale, up 11% from last year and in line with expectations. E-commerce giant Amazon announced Thursday that the 2024 event will be its biggest Prime Day sale ever. According to market research firm Numerator, […]
Taylor Swift has made luxury friendship bracelet sales soar

The economic impact of Taylor Swift cannot simply be “ignored.” Fashion designers are upgrading friendship bracelets, an accessory made popular by the superstar singer on her record-breaking Eraser tour, with gold-and-diamond versions costing up to $5,000. The Wall Street Journal reported.. The usually plain bracelets, made of multicolored threads knotted in various patterns or beads […]
FDA allows sales of best-selling tobacco e-cigarette Vuse

The U.S. Food and Drug Administration (FDA) on Thursday approved the sale of RJ Reynolds’ tobacco-flavored e-cigarette product, Vuse Alto, allowing the company to keep the product on the market. Vuse is the country’s best-selling e-cigarette brand, accounting for more than 40% of the market, according to Nielsen data. The FDA’s marketing authorization applies to […]
Zelenskiy to attend UK cabinet meeting in effort to disrupt Russian oil sales | Ukraine

Ukrainian President Volodomyr Zelenskyy is due to attend an emergency meeting of the British Cabinet on Friday to give fresh impetus to efforts to stop Russia from evading sanctions on oil exports. Zelenskiy will be the first foreign leader to visit Downing Street since Keir Starmer was elected prime minister two weeks ago and the […]