Bloomberg Business

The US 30-year mortgage rate rose to 7.16% last week, matching the highest since 2001 and crimping both sales and refinancing activity.

China called Taiwan’s vice president a “troublemaker” whose views risk sparking a conflict, a sign that Lai Ching-te is likely to have testy relations with Beijing if he becomes the island’s next leader.

The Biden administration is all-in on carbon capture and storage. But the pipelines needed to move the greenhouse gas around face stiff local opposition.

The number of West Africans suffering acute hunger has surged fourfold since 2019, driven in part by Nigeria’s fight against jihadists and military coups in Burkina Faso and now Niger.

Shares of Uruguay’s first tech unicorn, Dlocal, jumped the most in two years on Wednesday after the company named e-commerce veteran Pedro Arnt as its co-chief executive officer in its latest management overhaul after an attack from a short seller and a probe in Argentina hurt the stock.

Billionaire Kelcy Warren’s Energy Transfer LP will buy Crestwood Equity Partners LP in a $7.1 billion all-equity deal that will create a major expansion of its pipeline networks across the US.

Marc Becker, a 27-year veteran of Apollo Global Management Inc. and co-head of impact investing at the private equity firm, died Monday. He was 51.

US factory production rose in July for the first time in three months, boosted by a surge in motor-vehicle output that helped manufacturing to stabilize.