Contracts to buy previously owned homes dropped to a record low in July as higher prices and borrowing costs drove potential buyers from the market.
Read More US pending home sales tumble to record low in JulyTag: Inventory
Cisco rises as networking equipment demand rebound takes root
The world’s largest networking equipment maker had struggled with sluggish demand as customers adjusted piled up inventory from frenetic buying during the pandemic.
Read More Cisco rises as networking equipment demand rebound takes rootTesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsLet Them Eat… Cat Food? & Cattle Inventory Down 2%
with Jason Nelson
Read More Let Them Eat… Cat Food? & Cattle Inventory Down 2%