Bloomberg Confidence among US homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrain demand, adding to signs of a cooling housing market that will weigh on the Federal Reserve’s debate over how far to raise interest rates. The National Association of Home Builders/Wells Fargo Housing Market Index dropped eight points in November to …

Bloomberg London’s stock of completed but unsold homes has surged by almost half this year as Brexit uncertainty and affordability issues dog the housing market. The number in the capital jumped to 2,374 units as of September 30, the most on record and up from 1,595 at the end of 2017, according to data compiled by Molior London. The borough …

Bloomberg Stocks fell from London to Shanghai and US equity futures signaled the global rout led by technology shares would deepen on Tuesday, adding pessimism to markets already anxious over trade. Treasuries advanced and the dollar edged higher. Contracts on all major US equity indexes pointed to declines at the open, with megacap tech shares leading the drop. The Stoxx …