Stocks, US Treasury yields and oil sink as new COVID-19 strain rattles markets. By Sunil JagtianiBloomberg Published On 26 Nov 2021 Stocks, Treasury yields and oil sank Friday while the yen jumped as a new Covid-19 strain discovered in southern Africa sent a wave of caution across global markets. An Asia-Pacific equity […]
fears
US crude tumbled to a fresh seven-week low on Friday, settling at $76.10 a barrel. The slide is good news for American drivers hurt by the seven-year high in gasoline prices — a crunch that has soured consumers’ views on the US economy. “We will definitely see some pricing relief […]
LONDON — Larry Fink, chair and CEO of BlackRock, suggests the so-named electrical power changeover toward greener electric power has to be radically rethought and blasted oil companies for offering out to non-public organizations. Speaking at the Green Horizon Summit chaired by CNBC’s Julianna Tatelbaum in the course of the […]
Stocks advanced Thursday, with investors cheering developments in Washington as lawmakers reached an agreement that would temporarily avert a government default by mid-month. The three major indexes extended gains after Senate Majority Leader Chuck Schumer said Thursday morning that lawmakers had reached a deal to extend the government’s debt limit […]