Spain keeps creating far more households than homes in a mismatch that could increasingly weigh on the economy and society, according to the central bank. The country’s accumulated shortfall of dwellings now totals 750,000, nearly double Italy’s tally of 400,000 and...

Traders piled into betting on interest-rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation. Two-year Treasury yields, which closely track...

Australia’s corporate watchdog is investigating a number of private credit funds and warning industry managers to make sure that asset valuations are “grounded in realistic assumptions” before an end-of-month reporting deadline. “We’re absolutely 100% unequivocally...

Federal Reserve Chairman Kevin Warsh said he is appointing a task force to examine the central bank’s $6.7 trillion balance sheet, a first step in addressing a policy issue he has long criticized. Warsh said one of the independent task forces he is forming will...

Customers desperate for oil are draining so much of it from giant storage tanks in Oklahoma that producers are having trouble keeping up. Inventories at Cushing, the largest commercial crude oil storage hub in the US, have fallen for eight weeks in a row and now stand...

JPMorgan Asset Management’s Bob Michele expressed surprise at the hawkish tilt from the Federal Open Market Committee under new Chairman Kevin Warsh, saying policymakers sense more risk from inflation pressures than Wall Street had expected. “Half the committee is...