Bloomberg Boris Johnson’s government will invest nearly $1.7 billion in building projects and provide two billion pounds in energy efficiency grants in an effort to create jobs and rally the pandemic-hit UK economy. Housing Secretary Robert Jenrick said 300 “shovel-ready” projects will receive a share of a 900 million pound Getting Building Fund, and a further 360 million pounds will …

Bloomberg Rising real yields are throwing cold water on the rally their historic plunge stoked. Real interest rates — which strip out the effects of inflation — rose by the most in a month Friday after a stronger-than-forecast July jobs report. The lurch higher from record-low negative levels helped send technology shares and gold lower, while the Bloomberg Dollar Spot …

Bloomberg After an epic rally from its pandemic low, Canada’s equity market may be losing some steam. The S&P/TSX Composite Index has made a remarkable comeback since March. It still needs to rise another 519 points, or 3.1%, to break even for the year. The index has been carried by big gains in gold and technology: Only 41% of its …