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Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales were also 5.4% lower than June of last year. This is the slowest sales pace since December.These are closed sales,…

Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance…

Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…

This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS vice-president Kamala Harris has now secured enough delegates to replace Joe Biden as the Democratic party’s presidential candidate against Donald Trump in this year’s election.The question is how…

Mortgage rates are down for the third straight week, remaining in the high-6% territory. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.87% this week from 6.95% last week. The average rate on a 30-year loan…

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