Stock Futures Edge Higher After Slide Into Bear Market

U.S. stock markets were poised for a modest recovery after a rout that sent the S&P 500 into a bear market, while bitcoin remained under pressure after selling off sharply in recent days.

• U.S. Futures Rise as Investors Await Fed Decision

Bond Slide Continues, With No End in Sight

U.S. Treasury yields have surged to new multiyear highs, reflecting uncertainty over how high the Fed will have to raise interest rates to tame inflation.14 min read

Fed Likely to Consider 0.75-Percentage-Point Rate Increase

A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.

U.S., Allies Try to Restrain Surging Global Oil Prices

Treasury Secretary Janet Yellen said this week that the U.S. was involved in “extremely active” talks with European allies about efforts to form a buyers’ cartel and set a cap on the price of Russian oil.