Zillow faces shareholder lawsuit over Redfin deal
Derivative suit cites $100 million deal, $81 million in insider sales claims, and a stock drop from $77.05 to $32.19
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August CPI shows sticky core inflation ahead of Fed meeting
An interest rate hike may be in store after data from the U.S. Bureau of Labor Statistics, released on Friday, shows that core inflation is remaining stubbornly above the Federal Reserve’s desired target. In August, the Consumer Price Index for all items rose 0.4% month-over-month up from a 0.1% monthly jump in July. A 3.9%
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MLS of 2030 will be defined by who controls housing data
The multiple listing service (MLS) was built for a world in which real estate brokers were the primary gatekeepers of housing information. Brokers will remain central to that information ecosystem, but by 2030, AI and the continued evolution of how housing data is collected, distributed and consumed could fundamentally change what it means to be
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