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Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices and bond yields did little to bring down elevated asset prices or leverage.
June 20
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The return on investment for fix and flip properties dipped to 25% in the first quarter of 2025, down from 48.8% in the fall of 2020, according to a report from Attom.
June 20
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Senate Parliamentarian Elizabeth MacDonough has ruled that Republicans cannot move ahead with slashing the Consumer Financial Protection Bureau's funding and Federal Reserve staff pay in the tax bill.
June 20
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In an interview on CNBC, Fed Governor Christopher Waller reiterated his view on the inflation hit from new tariffs likely being short-lived.
June 20
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"I would be quite surprised if he did not make a choice that fair-minded observers on both sides recognized as a reasonable person," Summers said on Bloomberg Television.
June 20
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Sprout's ex-CEO Michael Strauss, who has avoided the legal proceedings, has been accused of money laundering and is facing two foreclosures in New York.
June 20
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The credit bureau is working with Plaid to provide lenders with current and predictive cash-flow data for consumers that don't have an extensive credit record.
June 20
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Federal Reserve Chair Jerome Powell said the changes could touch the central bank's quarterly economic forecasts. He also discussed downsizing at the Fed and his tenure on the board of governors.
June 18
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The Senate version includes restoration of the mortgage interest deduction, but a tax code revision likely would stifle foreign investment in real estate.
June 18
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The department's head pointed out that manufactured housing is the most affordable non-subsidized option for building homes.
June 18
