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  • Bloomberg

    U.S. Futures Drop, Stocks Mixed as Yields Jump: Markets Wrap

    (Bloomberg) -- U.S. equity futures fell and Asian stocks were mixed Tuesday amid a jump in Treasury yields as investors girded for interest-rate hikes by the Federal Reserve to quell high inflation.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Strikes on UAE Upset Efforts to Ease Gulf FrictionsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arrests: Virus UpdateDjokovic Loses Sh

  • Bloomberg

    Brent Oil Climbs to 2014 High as Geopolitical Unrest Returns

    (Bloomberg) -- Brent oil extended gains to the highest level in seven years as geopolitical tensions stirred in the Middle East and concerns about the demand impact of the omicron virus variant eased.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Strikes on UAE Upset Efforts to Ease Gulf FrictionsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arrests: Virus UpdateDjokovic Loses

  • Bloomberg

    ‘Thank God’ Oil Is Still Pumping Amid Inflation Scare, Dalio Says

    (Bloomberg) -- Ray Dalio, the founder of hedge fund Bridgewater Associates, warned against transitioning away from fossil fuels too rapidly and said that cutting off the supply of finance to the industry would have a destabilizing effect as inflation soars.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Strikes on UAE Upset Efforts to Ease Gulf FrictionsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sal