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US unveils antitrust investigation of real estate brokerage industry

Bloomberg US antitrust officials are investigating potentially anti-competitive practices in the residential real estate brokerage business, with a focus on compensation to brokers and restrictions on their access to listings. The probe was detailed in a civil investigative demand, which is akin to a subpoena, issued by the Justice Department to CoreLogic Inc., which provides real estate data to government ...

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German economy suffers another blow as business confidence drops

Bloomberg German business confidence fell to the weakest in more than four years as the escalation of global trade tensions weighed heavily on outlook. Along with a survey showing manufacturing still contracting and new orders falling, it’s a reminder of the shaky situation Europe’s largest economy is in. Its car industry is in upheaval and industrial giants such as Thyssenkrupp ...

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US to send 1,500 more troops to Mideast amid Iran tensions

Bloomberg President Donald Trump has ordered the deployment of about 1,500 additional US troops and military hardware to the Middle East amid rising tensions with Iran. The troops will serve “mostly in a protective capacity,” Trump said as he departed the White House for Japan. The president’s decision comes after his administration said it had evidence Iran is threatening possible ...

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