Sales of US existing homes rose in September for the first time in four months, although a surge in mortgage rates and high prices are set to keep activity depressed through the remainder of the year.
Sales of US existing homes rose in September for the first time in four months to an annualized rate of 3.99 million. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
Decision about US ambassador to Greece announced by White House after Trump and Rubio were reportedly furious over allegationsUS politics live – latest updatesKimberly Guilfoyle has been asked to step down as US ambassador to Greece, after weeks of reports that she sought payment from a Trump donor
Longtime dollarization foe Rafael Correa spent a decade attempting to dismantle Ecuador’s dollarized system. It survived him and South America’s Pink Tide.
Senegal’s year-end target to finalize a deal with the International Monetary Fund and reach a debt-relief agreement with bondholders is already facing delays, according to people familiar with the situation.
Brokers increased their share of Europe’s repo market to the highest since 2012 as automated trading lost ground to more discreet ways of raising cash during turbulence sparked by the Iran war.
Botswana and a group leading the race to buy De Beers are near an agreement on their future ownership stakes in the diamond miner, potentially paving the way for Anglo American Plc to finally exit the business.
Brazil analysts lowered their interest rate forecasts for the end of this year as right-wing candidate Flávio Bolsonaro leads polls for the presidential runoff, boosting investor hopes of tighter fiscal policy.
The head of MI5 warned Britons must be resilient in the face of “escalating” Russian hybrid warfare, as the UK’s domestic security service devotes more resources to hostile state threats than during the Cold War.
The pace of decline in Russia’s crude production slowed in September as the country shipped more oil overseas, while its refiners remained under pressure.
Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines whether continued attacks in Saudi Arabia by Yemen’s Houthis could draw the United States into defending the kingdom. He speaks on Bloomberg Television. (Source: Bloomberg)
Zambia trimmed its growth forecasts for the next two years due to the mounting economic threat that El Niño poses to the copper-rich nation, as well as the prolonged impact of the Iran war.
Czech core inflation accelerated more than the central bank expected in September as policymakers are set to debate whether to raise interest rates for a second time this year.