A roundup of the most newsworthy financial press releases from PR Newswire this week,including Redfin's sale to Rocket and the impact of caregiving responsibilities on careeradvancement for women investors.
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
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The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
— Rocket Companies to Acquire Redfin, Accelerating Purchase Mortgage StrategyThe Detroit-based fintech has entered into an agreement to purchase Redfin, a leading digital real estate brokerage, in an all-stock transaction for a value of $12.50 per Redfin share, or $1.75 billion of equity value. Rocket will also end its “Up-C” structure to simplify its organizational and capital structure.
— NVIDIA CEO Jensen Huang Will Deliver First Keynote at COMPUTEX 2025, Sharing Latest AI Advancements and BreakthroughsNVIDIA continues to push the boundaries of innovation in accelerated computing, physical AI, agentic AI and scientific discovery. COMPUTEX attendees will have the opportunity to gain deep insights into how NVIDIA is shaping the future with AI and connecting with industry leaders to co-create a better future.
— Climate risks threaten trillions of dollars in real estateU.S. homes with major wind risk are worth at least $17 trillion in total, equivalent to more than half of the U.S. GDP. Homes with major fire risk are valued at $9.1 trillion, and homes with major flood risk are worth a cumulative $7 trillion.
— More Than Two-Thirds of Women Investors' Careers Impacted by Caregiving ResponsibilitiesWomen of all ages planning for retirement are grappling with an uncomfortable reality: Economic uncertainty and familycaregiving responsibilities may be impacting their ability to retire with financial security. A new Advisor Authority study, powered by the Nationwide Retirement Institute, highlights how these attitudes and perceptions vary among different generations of women.
— DoorDash, TKO Group Holdings, Williams-Sonoma and Expand Energy Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600S&P Dow Jones Indices is making changes to the S&P 100, S&P 500, S&PMidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
— The Conference Board Employment Trends Index™ (ETI) Declined in February”TheETI fell in February to its lowest level since October,” said Mitchell Barnes, Economist at The Conference Board. “Growing policy uncertainty is beginning to weigh on business and consumer sentiment, with more substantial impacts from federal layoffs and funding disruptions expected in the months ahead.”
— Mesh Secures $82M in Series B Funding to Build First Global Crypto Payments NetworkMesh, a leadingcrypto payments network, announced it closed a $82 million Series B funding round, bringing its total amount raised to over $120 million. The round, led by Paradigm with participation from Consensys, QuantumLight, Yolo Investments, and others, was secured using PayPal USD (PYUSD) stablecoin, setting a historical precedent for stablecoin funding.
— Spirit Airlines Emerges from Financial Restructuring, Better Positioned to Advance its Transformation and Enhanced Guest ExperienceAs part of the restructuring, the Company has also received a$350 millionequity investment from existing investors to support Spirit's future initiatives, including investments to provide Guests with enhanced travel experiences and greater value.
— Inflation is Americans' Top Financial Concern and Most Say Their Income is Not Keeping Up, According to Northwestern Mutual's 2025 Planning & Progress StudyInflation continues to sting in America, with significant numbers of U.S. adults saying elevated prices in the grocery aisles, at the gas pump and elsewhere are having a large impact on their finances. Meanwhile, among people who don't own a home, the majority say homeownership will never be affordable – not now, not ever.
— Savvy Ladies Free FinancialHelpline Surpasses 5000 Women Submitting Financial QuestionsSavvy Ladies creates safe spaces for women to ask questions and have conversations about money, which leads to articulating their financial goals and taking action to achieve them. The non-profit's Free FinancialHelpline App has helped over 5,000 women submit their financial questions to a robust, dedicated community of pro bono financial volunteers.
— AI-powered Tomo Mortgage Raises $20M with Backing from Progressive Insurance®Tomo, a fintech startup co-founded by former Zillow executives, is now backed by Progressive Insurance, Ribbit Capital, NFX, and DST Global Partners. The digital mortgage lender uses AI to lower mortgage interest rates by 0.50%, saving the typical homebuyer $4,000 at closing.
— Edward Jones Enhances Capabilities to Serve High Net Worth ClientsDesigned to meet the specific needs of high net worth clients, Edward Jones Generations™ offers expanded advice, planning, products and services for clients who value personalized support and trusted relationships. Edward Jones Generations™ will be available to select clients in the second quarter of 2025 and will expand more broadly in 2026.
For more news like this, check out all ofthe latest finance-related releases from PR Newswire.
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