Rocket Cos. President Bill Emerson will retire at the end of the year, the company announced. The longtime executive and CEO of Rocket Mortgage from 2002 to 2017 will retire but remain on the Board of Directors, according to a Securities and Exchange Commission filing this week. Emerson helped lead the lender and servicer through […]
Rocket Cos. president, ex-mortgage chief Emerson to retire Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. With democratic socialist Zohran Mamdani likely to be the next Mayor of New York City, it seems safe to predict the end of the great progressive experiment in public housing that began during the New Deal. Tenants in city-owned apartments pay less
What Mamdani gets wrong about “affordable housing” Read More »
Federal Reserve Chair Jerome Powell at the Federal Reserve Bank of Kansas’ Economic Symposium in Jackson Hole, Wyo., on Thursday.Bloomberg News Federal Reserve Chair Jerome Powell signaled that the central bank may soon adjust its monetary policy, potentially paving the way for a rate cut in September. In a highly anticipated Friday morning speech at
Powell opens the door to interest rate cuts in September Read More »