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US factory output rises more than forecast in broad advance

Bloomberg US factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply chains. The 0.9% increase followed a 1.2% gain in February, Federal Reserve data showed. Total industrial production, which also includes mining and utility output, also rose 0.9% during the ...

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UK homebuilders commit $2.6bn for fire safety repairs

  Bloomberg Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6 billion) to help fix safety issues. So far 35 developers have made commitments to fix issues on buildings that are up to 30-years old, the UK department for Leveling Up, Housing and Communities said in a statement. The ...

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Inflation hits 37-year high in a first for Danish millennials

  Bloomberg Danish inflation is higher than millennials have ever experienced in their lives. After a decade of price increases clocking in at less than 2% a year, consumers are now having to contend with a whopping 5.4% gain in March from a year earlier — a level not seen since May 1985, when the internet was in its infancy ...

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