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Redfin investor alleges lack of Rocket deal transparency

A Redfin stockholder is ringing the alarm regarding the imminent closing of Rocket Companies’ $1.75 billion acquisition of the real estate brokerage, filing a suit that claims that certain information was not disclosed to investors. Plaintiff Jason Morano alleges that Redfin submitted “materially incomplete and misleading” filings with the Securities and Exchange Commission in order […]

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US firms snap up short-term Treasuries to extend duration of cash holdings

US corporations with over a trillion in assets snapped up an unprecedented amount of short-term Treasuries when President Donald Trump announced a 90-day delay for most of his “Liberation Day” tariffs, according to Clearwater Analytics. Data tracked by the investment analytics firm of more than 800 primarily non-financial US-based companies show the buying was part

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Court allows fintechs to defend CFPB’s open banking rule

Bloomberg News A federal judge granted the Financial Technology Association the right to intervene in the Consumer Financial Protection Bureau’s open banking rule, allowing the fintech industry to defend a rule on consumer financial data rights that the Trump administration refused to uphold.   On Wednesday, U.S. District Court Judge Danny Reeves said the FTA has

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