Bloomberg Business

Mortgage rates in the US increased this past week, further crimping affordability ahead of what’s usually the homebuying market’s busiest season.

After swinging from pessimism to near euphoria earlier this year, the outlook for the US IPO market is tumbling into turmoil.

Blackstone Inc. defaulted on a €531 million ($562 million) bond backed by a portfolio of Finnish offices and stores as rising interest rates hit European property values.

Businesses that rely on Amazon.com Inc. to sell their goods are beginning to band together against the e-commerce retail behemoth.

Boston Federal Reserve Bank President Susan Collins said policymakers need to keep raising interest rates to get inflation under control, though exactly how much higher borrowing costs need to go will hinge on incoming data.

US chief executives are most concerned about a lack of workers with the necessary skills, said Commerce Secretary Gina Raimondo, adding that most of them are cautiously optimistic amid several external risks.

The US is prioritizing plans to scrutinize US capital flows to China, but must move cautiously because it wants to ensure the strategy is targeted, Commerce Secretary Gina Raimondo said.

In this episode of Getting Warmer, Kal Penn explores what the future of water in a warming world will look like, and what can be done to avoid the worst.

Lithium producer SQM delivered an upbeat outlook for the battery metal, forecasting demand to grow by about 25% this year and stepping up investments to meet booming electric-vehicle sales.

Nationwide Building Society and HSBC Holdings Plc toughened limits on retail customers’ access to cryptoassets in the last week, becoming the latest UK banks to impose curbs after industry scandals and regulatory warnings.