The post June home sales disappoint as prices reach an all-time high appeared on BitcoinEthereumNews.com.
A for sale sign is posted in front of a home on April 13, 2026 in Pasadena, California. Justin Sullivan | Getty Images High mortgage rates coupled with record-high prices is causing homebuyers to pull back. Sales of previously owned homes in June dropped 2.4% from May to 4.09 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were predicting a slight gain month over month. June sales were, however, were 2.8% higher than the same month a year prior. “The back-and-forth in monthly home sales activity, driven by mild fluctuations in mortgage rates, shows how sensitive home buyers are to affordability conditions,” said Lawrence Yun, the Realtors’ chief economist, in a release. “However, job gains—more than half a million since the beginning of the year—will continue to provide support for the housing market.” Th
The post Huge World Cup Ratings Set Up Streaming Bidding War For 2030, 2034 appeared on BitcoinEthereumNews.com.
(Photo by Dursun Aydemir/Anadolu via Getty Images) Anadolu via Getty Images With just a handful of games left in this year’s FIFA World Cup men’s soccer championship, record U.S. ratings are setting up another intense “tournament” with global implications, as major tech and media companies consider bidding for TV rights to the tournament’s 2030 and 2034 installments. Most of the big tech and media companies with streaming platforms already have been linked to the upcoming auction for U.S. TV rights, though financial complications may affect bids from this year’s incumbent rights holders, Fox with the English-language rights and Comcast-owned Telemundo and Peacock on the Spanish-language side. Spurring all the interest: that 42-million strong U.S. audience in both languages for Belgium’s round of 16 victory over the USMNT, despite the thorough drubbing of a 4-1 margin. Of tha
The post The White House’s North Portico Is Covered In Tarps—Here’s Why appeared on BitcoinEthereumNews.com.
Topline The White House on Thursday hung large tarps covering the North Portico, printed with images of the columns that are under repair, as the Trump administration ramps up construction and repairs projects across Washington, D.C. Construction workers hung tarps outside the White House’s North Portico on Thursday. (Photo by Anna Moneymaker/Getty Images) Getty Images Key Facts Tarps went up on the White House’s North Portico in the late morning on Thursday, covering scaffolding that has stood for days. A White House official told CNN the North Portico is “undergoing standard restoration work” to repair stones in the columns, one of several concurrent construction projects taking place at the White House and across Washington. Secretary of the Interior Doug Burgum told podcast host Katie Miller earlier this week the North Portico columns are undergoing repairs, saying the const
The post Indiana Pacers To Sign Forward Kobe Brown To Two-Way Contract appeared on BitcoinEthereumNews.com.
CLEVELAND, OHIO – APRIL 05: Kobe Brown #24 celebrates with Taelon Peter #4 of the Indiana Pacers during the third quarter against the Cleveland Cavaliers at Rocket Arena on April 05, 2026 in Cleveland, Ohio. The Cavaliers defeated the Pacers 117-108. (Photo by Jason Miller/Getty Images) Getty Images INDIANAPOLIS – The Indiana Pacers have agreed to bring back forward Kobe Brown on a two-way contract. Brown spent the last two months of the 2025-26 season with the Pacers after being traded to the franchise as a part of the deal that netted Indiana Ivica Zubac. Brown is eligible for a two-way deal since he has less than four years of NBA service time. He’s only been a pro for three years and had the fourth season of his rookie-scale contract declined by the Los Angeles Clippers last summer, which made him a free agent this summer. The Pacers were limited in what they could pay Brown,
The post Opendoor (OPEN) Stock: Why Investors Are Waiting on the Sidelines Despite Long-Term Potential appeared on BitcoinEthereumNews.com.
Key Takeaways June’s existing home sales dropped 2.4% to an annual pace of 4.09 million units, creating challenges for Opendoor’s business model Mortgage rates for 30-year loans increased to 6.49%, while median home prices reached an all-time high of $440,600 The company’s inventory-based approach leaves it vulnerable to market slowdowns and elevated carrying costs Analyst consensus points to a 12-month target of $4.38, with projections spanning from $1.40 to $8.00 across 7 analysts Projections suggest mortgage rates will remain north of 6% until 2028, delaying any meaningful sector rebound Opendoor Technologies (OPEN) stands out as one of the market’s most interest rate-dependent stocks. The company’s business revolves around purchasing residential properties, maintaining inventory, and selling them for profit — an approach heavily reliant on hous
The post HYPE Tripled in a Risk-Off Market: The Machine Behind It appeared on BitcoinEthereumNews.com.
HYPE trades near $68 after roughly tripling from its March low of $25.64, a run built during one of the most risk-averse stretches crypto has seen since 2022. Global retail crypto activity contracted for two straight quarters through Q1, yet Hyperliquid’s token set an all-time high at $76.90 in June. Understanding why it outperformed in risk-off conditions explains why a risk-on turn could compound the effect rather than replace it. Summary HYPE tripled from $25.64 in March to a $76.90 high in June. At peak activity, $2.3M in daily fees funded $11M in HYPE buybacks. Seven of Hyperliquid’s top ten markets by volume are now equities or commodities. Price is coiling between support at $67 and a triple-tested ceiling near $74. Why It Worked in a Risk-Off Market Most crypto assets need risk appetite to rise, because their value rests on future adoption stories that get discounted harder wh
HYPE trades near $68 after roughly tripling from its March low of $25.64, a run built during one of the most risk-averse stretches crypto has seen since 2022. Global retail crypto activity contracted for two straight quarters through Q1, yet Hyperliquid’s token set an all-time high at $76.90 in June. Understanding why it outperformed in [...]
High mortgage rates and high home prices are straining affordability, potentially stalling economic growth and impacting real estate investments.
The post US housing market hits lowest sales pace since 2024 as mortgage rates squeeze buyers appeared first on Crypto Briefing.
The post PepsiCo (PEP) Q2 2026 earnings appeared on BitcoinEthereumNews.com.
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported mixed quarterly results as the struggles of its North American food and beverage divisions offset strong international demand. “Results were tempered in the quarter as U.S. food and beverage category performance moderated with consumer budgets tightening due to rising inflationary pressures,” CEO Ramon Laguarta said in prepared remarks shared on the company’s website on Thursday. During Pepsi’s second quarter, global oil prices swung dramatically due to the U.S. war with Iran. In the U.S., the national average gas price hit a four-year high of $4.56 per gallon in late May, leading many shoppers to watch their spending. Shares of Pepsi were down more than 4% in morning trading. Here’s what the company reported for the quarter ended June 13 compared with what Wall Stree
