Trending News: May 8, 2024

U.S. hiring slowed in April, missing estimates. Also, Redfin settles commission lawsuits for $9.25 million. And finally, U.S. mortgage holders post record home equity levels, find out how much.

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Show Notes

U.S. hiring slowed in April, missing estimates. Unemployment ticked up in April, breaking a string of strong jobs reports. Read more

Redfin settles commission lawsuits for $9.25 million. The firm did not disclose any possible business practice changes it may have agreed to as part of the settlement terms. Read more

U.S. mortgage holders post record levels of home equity: ICE (Intercontinental Exchange Home Price Index). Tappable equity soared to a record $11 trillion in the first quarter of 2024. Read more

Music by: Gloria Tells from Epidemic Sound

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