Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
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Market Minute: Twitter Cannabis Ads, Faster Instacart Shopping & Worker Burnout
Here is a rundown of Cheddar News' top trending market stories of the day.
Tesla Workers Accuse Automaker of Union Busting
Workers at Tesla's Gigafactory 2 in Buffalo, New York said the automaker fired dozens of employees after they announced plans to form a union, according to a Bloomberg News report.
Cheddar Morning News Briefings of February 16th
Cheddar Morning News Briefings
Morning Alexa Flash Briefings of February 16th
Alexa Flash Briefings
Stocks Close Higher After Positive Retail Data
Veronica Willis, investment strategy analyst with Wells Fargo Investment Institute, joined Cheddar News to discuss Wednesday's trading session following better-than-expected retail sales and what's on tap for the markets this year.
Roku Stock Surges After Hours on Earnings Beat
Roku Inc. (ROKU) on Wednesday reported a loss of $237.2 million in its fourth quarter.
Ford Halts F150 Production At Least Until Next Week
Ford said the production halt for its F-150 Lightning truck will last at least through the end of next week.
Chipotle Announces Spinoff Restaurant, “Farmesa Fresh”
Chipotle announced a new spinoff restaurant, "Farmesa Fresh," that will launch in California next month.
Elon Musk Hopes To Find New Twitter CEO By Year's End
Elon Musk is planning to tap a new chief executive for Twitter by the end of the year.
