The Federal Reserve opted to hold the federal funds rate in the range of 3.5% to 3.75%. The central bank’s Federal Open Market Committee voted 9-3 on this decision. The trio of dissenters were regional Fed presidents – Cleveland’s Beth M. Hammack, Minneapolis’ Neel...
New board members at the American Real Estate Association, a cryptic social media message from the Opendoor CEO, and who’s to blame for the European heat wave? From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 29-July 3....
President Trump’s attempt to fire Federal Reserve Gov. Lisa Cook over allegations that she committed mortgage fraud was rejected by the US Supreme Court in a 5-4 ruling. Chief Justice John Roberts wrote the opinion for the majority, which included the court’s three...
Alan Greenspan, who served as the 13th chairman of the Federal Reserve from 1987 to 2006, passed away this morning at the age of 100. Greenspan worked as an analyst at the National Industrial Conference Board (now known as the Conference Board), from 1948 to 1953...
Federal Reserve Gov. Lisa Cook received more than $1 million from benefactors to cover legal and security costs in 2025 following President Trump’s attempt to fire her. The Wall Street Journal, citing an annual financial disclosure published Thursday, reports that...