News

Compass acquires luxury brokerage in DC amid market drama

Washington Fine Properties' William Moody and Thomas Anderson, Compass' Robert Reffkin and Washington Fine Properties' Dana Landry and Marc Schappell (Washington Fine Properties, Compass, Getty)Compass is continuing a series of acquisitions with another homegrown firm, this time in the nation’s capital. The company announced a deal for Washington, D.C.-based brokerage Washington Fine Properties. The 150-agent luxury brand was the fourth-ranked […]This article originally appeared on The Real Deal

SEC Replaces Crypto Enforcement Team with Smaller ‘Cyber’ Unit

(Bloomberg) -- The US Securities and Exchange Commission is replacing its enforcement unit devoted to misconduct in the cryptocurrency markets, the latest sign of the regulator’s more friendly approach to digital assets.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million

Nigeria Hits Pause on Rate Hikes After Inflation Revamp

(Bloomberg) -- Nigeria’s central bank paused its steep campaign of monetary tightening, after an overhaul of the data used to calculate inflation showed it had significantly slowed.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe monetary pol