Sign up to receive the Balance of Power newsletter in your inbox, and follow Bloomberg Politics on Twitter and Facebook for more.

Ecuadorean bonds posted modest gains after investor-favorite Daniel Noboa, a 35-year-old business leader from a wealthy banana exporting family, won the presidential election after pledging to restore order to a nation torn by violence.

Oil edged lower as the US stepped up diplomatic efforts to stop the Israel-Hamas conflict from spreading and neared a deal to increase crude exports from Venezuela. Still, Israel’s expected ground offensive into the Gaza Strip is keeping markets on edge.

Citigroup Inc.’s treasurer, Mike Verdeschi, is departing to pursue other opportunities after a 33-year career with the Wall Street giant.

The lucrative broker commission system at the heart of the US residential housing market is facing unprecedented antitrust scrutiny from the Justice Department and two private class-action lawsuits that risk weakening the National Association of Realtors, the industry’s powerful lobbying group.

Ford Motor Co. is calling on the United Auto Workers to end its more than monthlong strike, warning that if the work stoppage continues it will hurt both local communities and the broader US economy.

Google’s exclusive deals to be the default search engine on mobile devices and PC browsers block rivals from as much as half of all queries conducted in the US, the Justice Department’s economic expert said at the company’s antitrust trial Monday.