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The Fed just voted unanimously to keep money expensive, oil is spiking, and the housing recovery that was supposed to save Rocket Companies never showed up. Something has to give, and the question is whether it is inflation or the stock.
The company had entered a syndication agreement with Zillow in 2025 that prompted the FTC’s antitrust complaint.
The U.S. Federal Trade Commission and a group of states announced a settlement with Zillow, ending claims the online real estate platform illegally paid Rocket Companies' Redfin $100 million to stop competing in apartment rental listings. The settlement ends the agreement for Redfin to stop competing. Redfin agreed to rebuild its rental advertising business within six months, according to the FTC.
The Federal Reserve has not touched interest rates in over seven months, yet mortgage rates just climbed to their highest level in years. Understanding why exposes a flaw in how most borrowers think about the connection between the Fed and their monthly payment.
Wall Street analysts are reshuffling their bets on Thursday, sending some of the market's biggest names in opposite directions as geopolitical tensions and inflation crosscurrents cloud the outlook. Find out which stocks got upgraded, downgraded, or newly covered today.
Zillow Group (Z, ZG) and Rocket Companies' (RKT) Redfin are headed to trial in August in the Federal
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