The active inventory for housing in the US in June rose for the 20th straight month, climbing nearly 29% year over year to 1.08 million home, per Realtor com.

The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound, per ABC

4% of all U.S. households make $200,000 or more per year, per CNBC

"Even many high-earning Americans don't feel wealthy," per CNBC

Trump: tariff of 35% on EU if doesn't meet obligations

Trump says that he probably will not run again for Presidency

A mixed morning.

Nvidia, $NVDA, CEO has said AI will transform “100% of everybody’s jobs.”

Wells Fargo, $WFC, has said its 2025 U.S. GDP growth forecast is increased to 1.3% (from 1%)

26% US adults say they would need to make $150,000 or more per year to feel financially secure/comfortable. That’s nearly twice the typical national salary: The average full-time, year-round worker made $81,515 in 2023, according to the latest estimates from the BLS.