Zillow sued by former employee over discrimination, firing

Intel: Insane Valuation Going Into Earnings

Rents fell -0.4% in the South and dropped -1.0% in the Mountain region, where new supply additions have outpaced demand absorption, according to Apartments.com. At the metro level, San Francisco recorded the strongest monthly gain among major markets at +0.59%, followed by San Jose at +0.39%, and led all metros annually with +10.9% year-over-year growth, reflecting…

Key insight: Shareholder activism at banks is expected to continue at a brisk pace throughout the remainder of this year. What’s at stake: Activists use a variety of tactics to implement managerial and operational changes at banks. In some cases, they threaten to engage in proxy contests, though in many instances, the banks and activists…

The Federal Communications Commission (FCC) has blocked the importation, marketing or sale of new foreign-produced mobile robots and connected power inverters. These products were added to the FCC’s Covered List, which identifies communications equipment and services that pose an unacceptable risk to U.S. national security or to Americans’ safety, the regulator said in a Tuesday…

Anna Rose Layden/Bloomberg Processing Content Key insight: Custodia Bank is continuing its legal battle with the Federal Reserve over access to its payments system via a master account. Expert quote: “Given the Federal Reserve’s unique independence from presidential control, it is particularly important for the court to ensure that the power the Fed claims to…

Holiday let investors adapted how they operate instead of exiting the market after the abolition of the furnished holiday let tax relief, research has found. The inaugural Holiday Let Index from The Cumberland showed that investors saw their profitability increase, indicating their ability to adjust to the changes.  The furnished holiday let tax regime…