Wealthfront Takes First Steps Toward an IPO

Published on June 23, 2025

The firm confidentially submitted forms to regulators seeking an initial public offering of its common stock. The number of shares to be offered and the price range have yet to be determined.

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Existing Home Sales Unexpectedly Inch Up in May

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Existing home sales unexpectedly inched up in May. According to the National Association of Realtors (NAR), existing home sales rose 0.8% from April to a seasonally adjusted annual rate of 4.03 million units.

Fiserv to Offer Own Stablecoin, Partners With PayPal and Circle

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Fiserv Inc. is lauching its own stablecoin and joining with both traditional and crypto payments firms PayPal Holdings Inc. and Circle Internet Group Inc. to develop products for financial institutions and merchants within the banking technology provider’s ecosystem.