Bloomberg Tougher credit rules, increased supply and subdued wage growth are combining to put an end to Australia’s long housing boom. The downturn is most obvious in Sydney, where average home prices were down 3.4 percent in April from a year earlier. The city was previously the epicenter of the boom — as recently as a year ago, Sydney prices ...

Bloomberg The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up US scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter. The investigation is focussed on illegal practices that can influence prices — such as spoofing, ...

Bloomberg Bayer AG is set to win US antitrust approval for its $66 billion takeover of Monsanto Co. by next week, according to a person familiar with the matter, removing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals company. The companies and the Justice Department have negotiated a complex agreement that would resolve government’s concerns ...