• Fed Official Warns of Interest Rate Hike if Inflation Doesn’t Cool,Snejana Farberov

    Fed Official Warns of Interest Rate Hike if Inflation Doesn’t Cool

    Dallas Federal Reserve President Lorie Logan has warned that the central bank may need to increase interest rates this year to rein in inflation before it gets out of control. One of the Federal Reserve's most hawkish members and a voting member of the Federal Open Market Committee (FOMC), Logan mad

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  • Compass Faces Antitrust Probe in New York After Megamerger With Anywhere,Keith Griffith

    Compass Faces Antitrust Probe in New York After Megamerger With Anywhere

    Brokerage giant Compass is facing an investigation by the antitrust division of the New York State Attorney General's Office after combining with rival Anywhere Real Estate earlier this year. Compass in January closed its $1.6 billion megamerger with Anywhere, expanding its network of agents and ind

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  • New York Poised To Ban Private Listings as More States Crack Down,Tristan Navera

    New York Poised To Ban Private Listings as More States Crack Down

    New York state is on the verge of restricting private home listings marketed to an exclusive audience, making it the latest state to crack down on the controversial practice. The New York state Senate passed the "Fair and Transparent Real Estate Listing Act" in a vote of 60-0 from its noncontroversi

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