Bloomberg It used to be that you had to traverse the Indian or South Pacific ocean to sleep in a thatched-roof, overwater bungalow — the epitome of luxury accommodations. With ladders that descend straight into turquoise waters, four-poster beds with gauzy mosquito netting, and private plunge pools, they’re the stuff of honeymoon dreams. Now you can get the floating …

Bloomberg Confidence among US homebuilders declined in July from a five-month high, showing the construction industry remains in a slow, if unspectacular, recovery as the busiest part of the selling season comes to a close, according to data this week from the National Association of Home Builders (NAHB) / Wells Fargo. Key points Builder sentiment gauge declined to 59 from …

  Bloomberg Cathay Pacific Airways Ltd. slumped the most in three weeks after Asia’s biggest international carrier said first-half performance was “below expectations” and yields were under “intense pressure.” Shares snapped six days of gains after the Hong Kong-based airline said in a statement to the stock exchange this week that combined passenger load factor for Cathay Pacific and unit …