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The raging trust crisis and its consequences

Americans are losing trust in leaders across every area of their lives — and the information coming from every source of their news, according to the 21st annual Edelman Trust Barometer, out Wednesday, which measures trust in institutions globally.

Why it matters: The sobering report shows that people crave facts more than ever, but most have bad habits and a growing distrust of everything from journalists to vaccines and contact tracing.

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Housing inventories continue rebound with July gains

Data: National Association of Realtors, FactSet; Chart: Axios Visuals

The number of homes available for sale is rising, which is good news for prospective buyers who have been getting priced out of the market.

Why it matters: Home prices finally started to pull back in July as inventories rose. Prices had been surging over the last year as low mortgage rates and the sudden desire for more space caused housing demand to outstrip new supply.

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