Bloomberg Sales of previously owned US homes rise in July for a second month, indicating firmer housing demand as inventory constraints showed signs of easing. Contract closings increased 2% from prior month to an annualised 5.99 million, a four-month high, according to National Association of Realtors. The median forecast in a Bloomberg survey of economists called for a 5.83 million …

Bloomberg Stocks and US futures were steady as a rebound in Chinese technology shares stalled and markets settled into a holding pattern ahead of the Federal Reserve’s Jackson Hole policy symposium later this week. The Stoxx Europe 600 index posted a modest gain at the open, while contracts on the S&P 500 and Nasdaq 100 fluctuated after the indexes reached …

Bloomberg Securities and Exchange Commission (SEC) Chair Gary Gensler has a warning for hundreds of Chinese companies that have raised billions of dollars in US markets: Submit to more scrutiny soon or get kicked out. In an interview, he pledged to strictly enforce a three-year deadline that requires Chinese firms to permit inspections of their financial audits. If businesses refuse, …