Index of contract signings decreased 5.5% to 70.2 in July Falling mortgage rates should spur more sales, NAR said A gauge of pending US sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers...

A narrower sales forecast beat weighed on its stock and peers Advanced Micro Devices and Broadcom are among stocks falling Nvidia Corp.’s earnings report needed to be perfect for a stock that’s added nearly $2 trillion in market value in the past year. In the end, a...

Amy Weaver is stepping down as chief financial officer Company reports slowest ever year-over-year revenue growth Salesforce Inc. shares rose after the company gave an earnings forecast for the fiscal year that topped analysts’ estimates, seemingly satisfying...

JPMorgan and Nomura also predict GDP will expand less than 5% Property slump has dragged down consumption, household wealth China’s annual growth target looks increasingly out of reach to economists, with UBS Group AG adding to a string of recent forecast cuts as...

Chinese carmaker posted 33% jump in second-quarter net income BYD also building data centers to overcome security concerns BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global...

Core consumer prices declined for a second month in July Australian government subsidies take effect this quarter A gauge of Australian monthly inflation cooled in July, suggesting price pressures began to ease in the current quarter though not fast enough to warrant...

Price increases on consumer items in spotlight at FTC hearing Agency challenging proposed deal between Kroger, Albertsons Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court...

Investors trying to gauge the sentiment toward equities around the US presidential election can now look directly at S&P 500 Index options linked to the period of the vote, in addition to Cboe Volatility Index futures. For months, there’s been a persistent premium...

While lawmakers assail drug prices, Pfizer embraces its brand Company struggles with post-Covid lull, bridge to new drugs Struggling with plunging demand for its Covid products, Pfizer Inc. has a new plan to reach potential customers: Using telehealth to sell drugs...

Listings are ticking up but affordability remains an obstacle In June, New York prices rose fastest, followed by San Diego Home-price gains in the U.S. slowed in June as buyers pulled back from the market while listings started to climb. A national measure of prices...

PDD’s stock plunges 29% after a disappointing sales outlook Beijing has been struggling with slowing economic growth One of the last remaining bright spots for Chinese consumption is rapidly fading, as the nation’s economic malaise takes a toll on demand for even the...

Strategy involves buying convertibles and selling shares short Gains on short position more than offset drop in bond price PDD Holdings Inc.’s record stock slide delivered gains to a popular hedge-fund strategy that seizes on the disconnect between the stock and...

BYD should get preferential prices for SQM lithium carbonate Terms yet to be settled, BYD Executive Vice President Li says BYD Co. said the timing of its lithium project in Chile remains up in the air as the Chinese electric vehicle juggernaut continues to negotiate...