A Florida judge has ordered the rewriting of Amendment 3, a ballot measure that would change the state’s property tax system. Florida Voice reports Circuit Judge David Frank agreed with a lawsuit brought by Save Our Voters From Misleading Ballot Language Inc., which...
Zillow Group (NASDAQ: Z, ZG) has announced plans to lay off more than 500 employees. In a corporate blog post, CEO Jeremy Wacksman claimed the company was “grateful to every person who is leaving and we’re supporting them through this transition.” However, Wacksman...
A top supervision examiner in the Consumer Financial Protection Bureau (CFPB) threatened the agency’s staff that “most unpleasant” consequences would occur if they were too aggressive in their financial oversight duties. According to a Reuters report...
Federal Reserve Chairman Kevin Warsh reported proposing cutting back on the number of rate policy meetings held by the central bank’s Federal Open Market Committee (FOMC). According to a Wall Street Journal report sourced from unnamed “people familiar with the...
Four days after Jay Clayton was confirmed by the US Senate to become the next Director of National Intelligence, Democrats are openly fuming over the continued presence of Federal Housing Finance Agency (FHFA) Director Bill Pulte as the interim director. Pulte was...
The multifamily developers AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR) announced that Vivmark Residential will be the new name of their merged company. In a press statement, the companies explained the name Vivmark derives from “viv, from...
