Home prices cooled at record pace in June, according to housing data firm

A sign is posted in front of a home for sale on July 14, 2022 in San Francisco, California. The number of homes for sale in the U.S. increased by…

June home sales fall 5.4% from May, as prices set yet another record

Sales of previously owned homes in June fell 5.4% from May, according to a monthly report from the National Association of Realtors, as prices set records and rates surged. The…

Average Car Payments Hit a Record High. Here’s What to Know.

Tight supplies of new cars, high prices and rising interest rates are making automobiles increasingly unaffordable for many Americans. In June, the average transaction price of a new car topped…

Chipmaker posts record profit and strong guidance

Signage for Taiwan Semiconductor Manufacturing Co. (TSMC) is displayed at the company’s headquarters in Hsinchu, Taiwan, on Wednesday, June 5, 2019. Ashley Pon | Bloomberg via Getty Images TSMC, the…

Average rent in Manhattan was a record $5,000 last month

A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The average monthly rent for a Manhattan apartment surpassed $5,000 for the first time — and brokers say demand…

Joe Biden reportedly sent 5 million barrels of oil to Europe and Asia in June even as US prices hit record highs — here are the 2 energy stocks that could gain the most

Joe Biden reportedly sent 5 million barrels of oil to Europe and Asia in June even as US prices hit record highs — here are the 2 energy stocks that…

China real estate troubles sent debt indicator to record high

Fixed asset investment data for the first five months of 2022 showed real estate investment declined at a greater scale than it did during the first four months of the…

Exxon Mobil Shares Zoom From Multi-Decade Low to Record High

(Bloomberg) — Exxon Mobil Corp. shares rose to the highest intraday level ever Wednesday and are on track to close at a record, stoked by an almost 60% surge in…

Housing wealth gains record $1.2 trillion, but signs suggest market is cooling

Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade.…

Alibaba, Tencent and JD.com post slowest revenue growth on record

Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from…