US Existing Home Sales Unexpectedly Jumped In May, Inventories Surge

Amazon Prime Day Sales Rise 9% Year Over Year, Topping $26 Billion Americans spent a record $26.4 billion during Amazon's four-day Prime Day sales event, a 9.3% increase from a year earlier, per Adobe Analytics and according to Reuters.  The gains were fueled by heavy promotions across categories including electronics, appliances, clothing, toys, personal care products, and household necessities, as consumers looked to maximize savings amid ongoing cost pressures. Industry analysts said several factors contributed to the stronger spending, including larger tax refunds and early back-to-school purchases, which gave many households extra...

Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery Summary:  Lucid Exec Calls Bankruptcy Report 'Fake News'  Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route   Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy Lucid PR Head Calls Report "Completely False"  Nick Twork, Lucid's chief communications officer, took to X in late-afternoon trading to deny Electric-Vehicles.com's report about a potential bankruptcy, stating that the "company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special board committee...

The Liberal Media Is Finally Noticing Democrats Are Willing To Shred The Rule Of Law Democrats have anointed themselves the defenders of democracy and protectors of the rule of law. For years, the liberal media has been more than willing to help push that narrative. But after the state Supreme Court struck down the Virginia gerrymander, the reaction from Democrats was so extreme that even their usual defenders couldn’t ignore how bad it looked. On Sunday, the New York Times reported that House Minority Leader Hakeem Jeffries and Virginia Democrats held...