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  • Business
    Bloomberg

    Stocks, U.S. Futures Wilt as Treasury Yields Surge: Markets Wrap

    (Bloomberg) -- U.S. equity futures retreated and Asian stocks struggled 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 BloombergDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arrests: Virus UpdateDjokovi

  • Business
    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 BloombergDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arrests: Virus UpdateDjokovic

  • News
    Bloomberg

    China to Curb U.S. Farm Purchases in 2022 as Ties Fray: Fitch

    (Bloomberg) -- Relations between the U.S. and China are set to remain strained, which could prompt Beijing to continue diversifying its imports of agricultural goods and keep America’s share low, according to Fitch Solutions. Most Read from BloombergDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arre