U.S. existing home sales dropped to a nine-month low in June as higher mortgage rates and economic uncertainty keep potential buyers on the sidelines, pointing to a deepening housing market slump.

The California Department of Motor Vehicles (DMV) has filed a lawsuit seeking to suspend Tesla's sales and manufacturing operations in California for at least 30 days. The lawsuit, first filed in 2022 and amended in 2023,

Texas Instruments reported higher profit and sales in the second quarter with growth across key revenue segments. Despite recording positive growth, the company's shares posted a double-digit decline in after-hours trading.