Home prices are finally starting to fall

In a good sign for homebuyers, the share of available listings that saw a price cut jumped to 18.9% in July – up 3.4% from the same time last year, and the highest level in two years, according to a new report published by Realtor.com. Price cuts are atypical in July, which is usually a peak time for home sales. But this year is different, because sellers are trying to lure back lukewarm buyers who are facing both high costs and steep interest rates.

No taxes on tips? Both candidates show support

Vice President Kamala Harris promised to eliminate taxes on tips, two months after former President Trump promised to do the same. Their rare point of agreement underscores the bipartisan popularity of the novel piece of economic policy.