Category Archives: WBAP 24/7 News

FTC Sues Zillow and RedFin Over Deal It Accuses of Supressing Competition in Rental Ads

FTC Sues Zillow and RedFin Over Deal It Accuses of Supressing Competition in Rental Ads

NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing them of an illegal deal to suppress competition in online rental advertising. The FTC filed the lawsuit on Tuesday, alleging the agreement began in February when Zillow paid Redfin $100 million. The deal allegedly required Redfin to end contracts with…MORE

FCC Moves to End Discounts for Wi-Fi Hotspot Lending and School Bus Connectivity

FCC Moves to End Discounts for Wi-Fi Hotspot Lending and School Bus Connectivity

The Federal Communications Commission voted to end discounts for library and school Wi-Fi hotspot lending programs on Tuesday, drawing criticism from lawmakers and librarians who say the move will make it more difficult for people who are low-income or live in rural areas to access the internet. The 2-1 vote reverses a Biden-era expansion of…MORE

Prices for Home Remodeling Outpaced Inflation in the Second Quarter Due to Labor Costs

Prices for Home Remodeling Outpaced Inflation in the Second Quarter Due to Labor Costs

LOS ANGELES (AP) — The cost of home repair and remodeling is rising faster than inflation, according to a new report. Data analytics company Verisk’s Repair and Remodeling Index shows a 3.4% increase in the April-June quarter compared to last year, outpacing the 2.7% rise in inflation. The index tracks over 10,000 home improvement products.…MORE