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Mortgage rates in the U.S. dipped to the lowest level in almost six months.
Welcome to Thursday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
CK Hutchison Holdings Ltd. saw profit surge 41% in the first half of the year, as retail and ports bounced back strongly in its key markets which have started to recover from the pandemic.
Britain’s construction industry is struggling to keep up with a surge in demand for new building work, complaining that shortages of skilled workers and supplies is delaying projects.
Listings for single-family homes are getting scarcer in New York City’s suburbs, and that’s putting a dent in sales.
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