Redfin, Compass Announce Major Layoffs
Two of the biggest-name brokerages that sought to challenge the established hierarchy of residential brokerages announced major layoffs Tuesday as buyer frenzy cooled nation-wide.
Hot Inflation Dims Likelihood Fed Can Achieve ‘Soft Landing’
by The Associated Press | Jun 14, 2022
For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.
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