Bloomberg The trade dispute between the US and China will continue for the foreseeable future and escalate, and is going to be painful for Americans, according to a former US trade negotiator. “For the foreseeable future, we’re going to be in a tariff world and we’ll see escalation,” said Asia Society Vice President Wendy Cutler, formerly a negotiator at the …

Bloomberg London house prices posted their biggest drop in almost a decade in July. Home prices fell 0.7 percent, the biggest decline since September 2009, the Office for National Statistics said. The average property in the capital cost $640,000. Trends in the London property market tend to start in boroughs in the centre and west of the city, before moving …

Bloomberg As US household debt rises and wages stagnate, millions of Americans are tapping into home equity to keep up with day-to-day expenses. Twenty-four million homeowners believe borrowing against home equity is an acceptable way to cover regular bills, according to a Bankrate.com report. Cash-strapped millennials, low earners and the less educated were most likely to think home equity offered …