Bloomberg Business

A Housing Crash Takes Down the Krona and Sounds Inflation Alarm

The worst housing-market crash and the fastest inflation since the 1990s are turning Sweden into an early victim of the global tightening cycle — driving its currency to an almost 14-year low as policy makers walk the line between saving an overleveraged economy and taming price growth.

Disney+ Subscriber Loss, Activision-Microsoft Deal, PayPal Job Cuts: US Earnings to Watch

US stocks are poised for a rocky start to the trading week, after Friday’s unexpectedly strong jobs report could signal further rate increases from the Federal Reserve, and quell expectations that the central bank would stop hikes or even move to cuts this year. While the labor market remains strong, the US tech megacaps delivered disappointing results last week, with Apple, Alphabet and Amazon all providing weaker guidance, and Dell joining the list of companies cutting their workforce. Softer

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