The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession.
Pending Home Sales Fell 8.6% in June
Pending home sales decreased in June, following a slight increase in May, according to the National Association of REALTORS®. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.
Google stock is having its second-best day of the year after earnings aren’t as bad as feared
Shares of Alphabet jumped 8% in afternoon trading Wednesday, a day after the Google parent company reported earnings for the second quarter that weren’t as bad as feared.