U.S. Existing Home Sales Unexpectedly Fall 1.2%

July 22 (Bloomberg) -- Bloomberg Economics editor Michael McKee reports that sales of previously owned houses fell to a 5.08 percent annualized rate in June, as a lack of supply and rising mortgage rates may slow the recovery in the U.S. real-estate market. He speaks on Bloomberg Television's "Market Makers."
Stakes Are High in Samsung C&T-Cheil Merger Fight: Rooney
18:04 - Market Force President and CEO James Rooney discusses Elliott Associates’s dispute with Samsung Group over the proposed merger of two units. He speaks with Bloomberg's Yvonne Man on "First Up." (Source: Bloomberg)
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