Mick Mulvaney, the head of
the U.S. Consumer Financial Protection Bureau (CFPB) on
Wednesday fined a payday lender $200,000 for wrongly hounding
borrowers but the penalty fell short of the $3 million his
predecessor was seeking, said three sources familiar with the
Sales of new U.S.
single-family homes fell to a near two-year low in September and
data for the prior three months was revised lower, the latest
indications that rising mortgage rates and higher prices were
sapping demand for housing.
The spread between 10-year Italian
and German sovereign bonds must not stay at 320 basis points for
long because it may hurt the country's weakest banks, Economy
Minister Giovanni Tria said on Wednesday.
British Prime Minister Theresa
May's arrival at a meeting of her Conservative Party's lawmakers
was greeted with cheers and banging of desks, a Reuters reporter
outside the private meeting said on Wednesday.
A new European Union
mechanism to facilitate payments for Iranian exports should be
legally in place by Nov. 4, when the next phase of U.S.
sanctions hit, but will not be operational until early next
year, three diplomats said.