flash-finance

A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve to boost rates.

Oil has what you might call a weak correlation with liberal democracy. Consumers have long tolerated being dependent on unstable or unsavory regimes for their energy. As Paolo Scaroni was fond of observing when he ran Italian oil major Eni SpA, no one drills for oil in Switzerland.

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Long-standing partners to accelerate worldwide growth of beloved Korean fried chicken brand Long-standing partners to accelerate worldwide growth of beloved Korean fried chicken brand

Companies go public in good times that may not last

Traders are scrambling to shield their portfolios against further losses in Treasuries, as worries over the budget deficit and inflation push yields toward multiyear highs.

Canadian stocks suffered their worst rout in nearly a month as an escalation in tensions in the Middle East added to worries about inflation and sparked a selloff in shares of high-flying technology and financial companies.

President Donald Trump can dismiss public opinion polls as “fake news” all he wants. That won’t change the fact that the commander-in-chief is in political distress — even according to survey outlets that usually give him more favorable ratings.

The Nasdaq 100 Index is retreating on Tuesday after coming off session lows, as investors weigh the effects of rising bond yields and higher oil prices on the Federal Reserve’s policy outlook.

GoPro shares rise sharply for second day ahead of merger