Home sales in Southern California fell in June, dropping 11.8 percent since June 2017. “People can’t afford homes anymore,” said a real estate agent in Pasadena.

In less than an hour on Wednesday, Facebook tycoon Mark Zuckerberg lost $16.8 billion. But the real loser isn’t Zuckerberg: It’s the investors in Facebook, who watched the stock drop 20 percent.

Presidents are expected to keep quiet about whatever the Federal Reserve does. But Donald Trump has become famous for upending supposedly sacrosanct protocols.

Thanks to increasing production in the Permian Basin in West Texas, Texas is set to pass Iraq and Iran to become the world’s third-largest producer of oil by next year.

The number of Americans on food stamps has dropped significantly, according to Bloomberg News.

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