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A stranger’s living room

  LONDON / AP Claire Brynteson had a house, a job and a dining table that was empty once she got her three children out the door every morning. When she received a flyer telling her she could make money by renting seats at the table to people looking for short-term office space, she jumped at the chance to list ...

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Housing worries may make Australia to hold rates

  Bloomberg Philip Lowe has some high-powered backing if he leaves interest rates on hold Tuesday as widely expected. Days after the Reserve Bank of Australia governor signaled that rate cuts weren’t in the national interest amid record household debt, the securities regulator said it was looking at mortgage lending standards across the banking sector. The Organisation for Economic Co-operation ...

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China defense-spending confusion highlights strategic worries

  Bloomberg China omitted a key defense spending figure from its budget for the first time in almost four decades — before an official disclosed the number — highlighting concerns about transparency in the world’s largest military. While authorities said defense expenditures would rise “about 7 percent” this year, the budget report published by the Ministry of Finance on Sunday ...

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