More activist investors push CoStar to exit Homes.com business

Investors at D.E. Shaw & Co., L.P. are joining Third Point Investments in calling for CoStar to either divest or shut down Homes.com. On Wednesday, Edwin Jager and Michael O’Mary, two managing directors at D.E. Shaw, sent an open letter to CoStar Group’s board or directors, expressing their “continu

Out-of-pocket health care costs eat up retirees’ income

Out-of-pocket health care costs continue to take a sizable bite out of retirees’ finances — even as Medicare coverage expands and recent policy changes aim to reduce drug costs, according to a new brief published by the Center for Retirement Research at Boston College. Using data from the 2018-2022

What’s fueling the mortgage M&A wave creating mega-lenders?

Terry Schmidt believes she surprised the mortgage industry. Schmidt, the director and CEO of Guild Mortgage Co., was referring to the June 2025 announcement that the company would be acquired by Bayview Asset Management. The transaction officially closed in November. “Many found that this was very s

National housing market steady as regional gaps widen

The national housing market closed out January with relatively little week-over-week movement, but the latest data shows a market increasingly shaped by regional differences rather than a single national trend. Pricing, inventory and time on market all point to stabilization at the national level, e