(Bloomberg) — The average monthly mortgage payment in the US increased 46% in 2022 as interest rate hikes squeezed home borrowers, according to the Consumer Financial Protection Bureau.
(Bloomberg) — The US Federal Trade Commission is continuing its challenge of Microsoft Corp.’s $69 billion acquisition of video game company Activision Blizzard Inc., in yet another attempt to fight the deal even after it closes.
(Bloomberg) — Donald Trump rode down the escalator at Trump Tower to announce he was running for president in 2015. The Fifth Avenue skyscraper had long served as the backdrop to his business success story, which in turn became the foundation for his rise in politics.
A key measure of how much bond investors are compensated for holding long-term debt turned positive for the first time since June 2021, underscoring the potential for interest rates to stay higher for longer.
More than 50,000 Las Vegas-based hospitality workers have voted to authorize a strike if negotiations with the city’s biggest resorts fail to yield a new contract.
Direct-lending funds are working to provide as much as £1.25 billion ($1.5 billion) for the potential buyout of the UK’s Iris Software.
Canada’s population grew by the highest rate in a single year since 1957 as the number of temporary workers, foreign students and immigrants surged.
A looming shift in the way US equity trades are settled is sending unintended shock waves through the $7.5 trillion-a-day global market for foreign exchange.
US equities and Treasuries resumed their slide as investors contemplated the prospect of higher interest rates and a looming government shutdown. The dollar extended its climb into a sixth day.
France’s ambassador to Niger left the country, three days after President Emmanuel Macron said the envoy would be pulled out of the West African nation and French troops withdrawn.
