The typical US home sold last month had spent 67 days on the market. For all the upheaval in housing, that’s still 20 days faster than in the years right before the pandemic, according to data released Thursday by Realtor.com.
UK companies’ inflation expectations cooled for a second month in February after more signs that the rapid pace of price increases has peaked, according to a Bank of England survey of chief financial officers.
Shares of Adani Group companies climbed on Thursday as block trades in some of the conglomerate’s stocks suggested institutional investors were buying after a prolonged rout.
AB InBev SA, the world’s largest brewer, reported its first volume decline since the early days of the pandemic and gave an earnings forecast for 2023 that disappointed investors.
Companies have been selling bonds at a near record pace in Europe this year and there’s no sign of that slowing anytime soon, even as they lose the European Central Bank as a buyer.
China’s number of working people has fallen by more than 41 million in the past three years, reflecting both the coronavirus pandemic’s toll on the economy and a decline in the working age population.
Euro-area inflation slowed by less than anticipated while underlying price pressures surged to a new record, reinforcing expectations that the European Central Bank will have to push borrowing costs ever higher.
For months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have been too late.
The UK’s capital market suffered another hit as Europe’s largest building materials company and a jewel of Britain’s technology industry picked New York for their main listings.
Bank of America Corp. Asia Pacific co-head for equity capital markets Tucker Highfield is retiring from the firm and the industry, according to people familiar with the matter.
