Bloomberg Nordstrom Inc fell the most since the early days of the Covid pandemic after quarterly results showed it’s recovering more slowly than other retailers. While second-quarter sales at the Seattle-based department-store chain doubled from a year ago, they remain 6% below the 2019 level. That contrasts with results from peers such as Macy’s Inc and Kohl’s Corp, which have …

Bloomberg House prices in the UK suburbs outpaced those in city centers during the pandemic as people traded shorter commutes for gardens and indoor space to work from home, figures show. In the areas surrounding major cities, property values grew an average 10.8% between March 2020 and June this year, according to mortgage lender Halifax, whose figures exclude London. For …

Bloomberg Delta cases. Inflation. Fed tapering. China’s crackdown. These are among the reasons why investors could soon get more nervous about this stock market. The S&P 500 hit another record after Jerome Powell’s dovish taper speech reassured investors. However, the mood seems more cautious compared with a few weeks ago, when companies were in the middle of a record-setting earnings …