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Home Sales Fall Amid High Mortgage Rates, Low Supply
Business

Home Sales Fall Amid High Mortgage Rates, Low Supply

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate

This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom
Business

This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom

Near the quiet town of Magnolia, companies including Exxon Mobil are working out how to extract lithium from brine water to help power electric vehicles.

A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set
Business

A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set

A startup called Telly has begun shipping free smart TVs to U.S. homes in a novel strategy to help marketers target viewers with ads despite

Elliott Takes Big Stake in Drugmaker Catalent
Business

Elliott Takes Big Stake in Drugmaker Catalent

The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link

Nearly Every Travel Company Has a Loyalty Program. Why Doesn't Airbnb?
Business

Nearly Every Travel Company Has a Loyalty Program. Why Doesn't Airbnb?

The most popular short-term rental company has hinted at adding its own reward system in the past, but now finds itself behind a competitor. Source

She Was the Oppenheimer of Barbie. Her Invention Blew Up.
Business

She Was the Oppenheimer of Barbie. Her Invention Blew Up.

Mattel co-founder Ruth Handler engineered a new way of selling toys. Then she created the most popular doll in history. Source link

American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up
Business

American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up

The airline said quarterly sales rose almost 5% from a year ago and above analysts’ expectations. Source link

Fed Wants Paychecks to Hit Bank Accounts in a Flash
Business

Fed Wants Paychecks to Hit Bank Accounts in a Flash

The FedNow payments network could take years to catch on. Source link

Apple's Next Killer App Is…Voicemail?
Business

Apple's Next Killer App Is…Voicemail?

New call-screening tools and voice memos mean it’s time once again to speak up. Source link