People Who Are Having Such An Awful Vacation, They Can't Help But Laugh. Might as well stay homeBerkshire Hathaway's HP stake has plunged in value from $5.5 billion to about $3 billion, reflecting its share sales and a 35% drop in the stock.NEW YORK -Oil prices settled nearly flat in choppy trade on Monday as Russia relaxed its fuel ban and investors eyed elevated interest rates that could curb demand.
"The market may be still wrestling with the Fed keeping interest rates higher for a longer period of time, which can impact the demand side of the equation," said Andrew Lipow, president of Lipow Oil Associates.The Canadian dollar rose against its U.S. counterpart on Monday and the 10-year yield moved above 4% for the first time in nearly 16 years, as investors bet that the Federal Reserve and the Bank of Canada would stick with their hawkish stances. The loonie was trading 0.
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