Bloomberg Bank of England Deputy Governor Jon Cunliffe said the central bank’s Financial Policy Committee won’t hold back from quashing risks that appear in the housing market. In a speech in London, the deputy governor for financial stability highlighted three property “hotspots” that warrant attention: buy-to-let, lending at high loan-to-income ratios to owner occupiers and commercial real estate. He ...

  Bloomberg Fitful financial markets and signs of a southwest Florida real estate slowdown so unnerved Canadians Fab and Christa Michetti that they sold one of their two vacation homes there last month. The U.S. presidential election’s isolationist talk provided one more push. “How safe are my assets going to be with the change in the political landscape?” said Fab ...

  Bloomberg Delta Air Lines Inc.’s Ed Bastian, the incoming chief executive officer, said he has seen too many bad bets on the price of fuel for the carrier to start hedging again soon. “The reason we haven’t hedged for the last year and a half is there’s just too much volatility, and we’ve been burned,” Bastian said in an ...