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New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall’s federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year’s end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Jean Hynes, CEO of Wellington Management, discusses investment strategy and the growing role of private assets in portfolios with Romaine Bostick and Katie Greifeld on “The Close.” She says the firm believes it has a “real edge” in its investments. (Source: Bloomberg)
Foreign investors bought more than twice the amount of US stocks in 2025 as they did a year before, even as President Donald Trump’s tariffs rattled markets and clouded corporate outlooks.
Wendy Stewart, president of Global Commercial Banking at Bank of America, discusses how international investors and middle-market companies are adapting their strategies in response to geopolitical and macroeconomic uncertainty. She speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
One of the highest price-tag stocks in the US equity market is about to get a deep-discount markdown.
Royal Bank of Canada has recruited a Goldman Sachs Group Inc. equities trader and execution specialist to lead product innovation as the bank continues to broaden its footprint in global stocks.
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