In today's Dollars & Sense, Pam kicks things off with opening bell highlights, stock index performance, and climbing mortgage rates. First, July home sales across the country drop as prices hit a record high and Governor Newsom's "My First EV" program. Next, Open AI gets one step closer to an IPO as they complete a $7 billion secondary share sale, Amazon removes purchases details from confirmation e-mails, and Domino's will roll out a single serve pizza at the end of the month. Pam interviews financial advisor Jason Matthews, as he goes over annuities. Later in the show, Pam speaks with Real Estate agent Erika Carrasco about insight on the housing market.
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