US Housing Starts Rise on Pickup in Multi-Family Projects
New US home construction rose in September, led by a pickup in multi-family groundbreakings.
Bloomberg Business
Nasdaq Sales Beat Estimates With Boost From ‘Marquee IPOs’
Nasdaq Inc. reported sales that beat expectations after the initial public offering market picked up last quarter.
Hot Miami Properties Get $1 Billion Bet From Brazilian Financier
Billionaire Daniel Dantas has spent the past 30 years increasing his fortune through the Opportunity firm he helped found in Brazil. Now it’s investing directly in US real estate for the first time.
US Mortgage Applications Hit 28-Year Low as Rates Keep Rising
A measure of US mortgage applications stumbled to an almost three-decade low as borrowing costs increased for a sixth-straight week, indicating further downside momentum for a battered housing market.
US Targets Hamas’ Financial Network, Key Members With Sanctions
The US sanctioned several individuals associated with Hamas’ “secret” investment portfolio as well as two senior members of the organization’s leadership in a move designed to limit the group’s ability to raise funds following its attack on Israel.
India Extends Sugar Export Curbs in Risk to World Supply
India, the world’s second-biggest sugar producer, extended its export restrictions in a renewed bid to protect domestic supplies, a move that’s likely to tighten the global market and raise costs for the food industry.
France Will Push Firms Doing Buybacks to Share More With Workers
The French government will expand obligations for profit-sharing to include large companies conducting share buybacks, in a move that adds a layer of complication to the practice without enforcing extra fixed costs or taxation.
France Evacuates Six Airports After Attack Threats, AFP Reports
Several regional airports in France and Belgium were evacuated after threats of attack, with the Palace of Versailles outside of Paris seeing its third evacuation in days.
Ukraine’s Risky Bet Pays Off With Ships Streaming to Ports
A steady stream of ships is hauling grain and metals from Ukraine a month after the first inbound vessel sailed through its new shipping corridor in the Black Sea in defiance of Russian threats.
US-EU Steel Talks Going Down to the Wire Ahead of Biden Summit
Talks between the US and European Union to reach a deal on steel are going down to the wire, as they aim to avert the return of billions of dollars of Trump-era tariffs ahead of a summit in Washington later this week.
