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US jobs recovery cools in shadow of Delta variant

Bloomberg A likely moderation in US hiring in the monthly employment report will give policy makers a measure of the health of the labour market and the threat posed by the delta variant of the coronavirus. The US probably added 750,000 jobs in August, a slowdown from June and July but well above the pace seen earlier this year, according ...

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German import prices rise most in four decades on supply woes

Bloomberg Germany is seeing its biggest surge in imported inflation since the early 1980s, putting a price tag on the difficulties businesses are facing to secure inputs amid a worsening supply squeeze. In July, goods arriving in the country from abroad were 15% more expensive than a year ago, data show. The cost of basic goods increased about 19% and ...

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UK suburban home prices outpace cities

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 ...

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