Bloomberg Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as they face the sharpest reversal on record. From a fraught refinancing process for an office building in the City of London to the strained sale of the Commerzbank Tower in Germany’s financial hub, investors are scrambling to find …

  Bloomberg A new survey of business economists suggests US job market conditions are beginning to soften, with firms indicating an easing of labor shortages and a pullback in hiring expectations. A National Association for Business Economics survey showed about a third of respondents say their firms are not facing any labor shortages, and nearly 20% expect employment at their …

  Bloomberg Germany’s antitrust regulator opened an investigation into PayPal Holdings Inc. over potential obstruction of competitors and restriction of price competition The Federal Cartel Office is looking at PayPal’s user terms that block business from offering products at lower prices if their customers chose other payment services. The regulator will also look at how the company bans sellers from …