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UK house prices surge before virus hit

Bloomberg UK house prices were climbing at the fastest pace in more than two years before the coronavirus pandemic almost brought the market to a standstill, according to Nationwide Building Society. Values rose 3% from a year earlier in March, and gained 0.8% from February alone, the mortgage lender said. The sample period excludes recent disruption caused by UK’s restrict- ...

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Spanish jobless claims rise in March

Bloomberg The number of Spaniards filing for jobless claims surged in March, the latest example of how the coronavirus pandemic is upending people’s livelihoods around the world. The increase in jobless hits particularly hard in Spain, where the unemployment rate is already 13.8%, among the highest in the developed world. The Labour Ministry said claims rose by 302,265 people in ...

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Trump rejects voting-by-mail amid virus over fraud concerns

Bloomberg President Donald Trump said he doesn’t support mail-in voting as a way to limit the spread of the coronavirus, arguing that sending ballots increases the likelihood of fraud. “I think a lot of people cheat with mail-in voting,” Trump told reporters at the White House. “I think people should vote with voter ID. I think voter ID is very ...

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