#justin sullivan

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 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