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December ICE NY cocoa (CCZ25 ) on Monday closed up +90 (+1.30%), and December ICE London cocoa #7 (CAZ25 ) closed up +31 (+0.64%). Cocoa prices rose on Monday, gaining support from signs of a slowdown in the pace of cocoa exports from the Ivory Coast, the
WASHINGTON (Reuters) -St. Louis Federal Reserve President Alberto Musalem said he was open to further interest rate cuts but the Fed must be cautious and keep rates high enough to continue to lean against inflation that remains roughly a percentage point
NEW YORK (Reuters) -Wall Street is preparing for disruption to economic data if a looming U.S. government shutdown goes ahead, which could cause investors to rely more on alternative data or take on more defensive positions as they anticipate volatility i
While the tariffs will impact everyone to some degree, experts say more of the pain will be felt by lower-income consumers.
Joseph LaVorgna, counselor to the Treasury secretary, argues that interest rates \\
New York Federal Reserve Bank President John Williams said that the impact from tariffs on inflation has so far undershot forecasts.
ZURICH (Reuters) -Switzerland and UBS are signalling in private a willingness to compromise on capital rules, potentially paving the way for parliament to settle on lower requirements acceptable to the government and the bank, according to people familiar
Shares of luxury furniture retailer RH (NYSE:RH) fell 4.8% in the morning session after the stock's negative momentum continued as President Donald Trump announced new tariffs targeting imported home furnishings.
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) jumped 7.3% in the morning session after activist investor Randian Capital unveiled a sweeping turnaround plan for the operator of Benihana and STK Steakhouse.
Oracle stock has nearly doubled this year on cloud and AI optimism, but with a stretched valuation above 57x forward earnings, Rothschild has issued a rare “Sell” rating and a $175 target—warning that market hype may have outpaced real growth prospects.
December ICE NY cocoa (CCZ25 ) today is up +73 (+1.06%), and December ICE London cocoa #7 (CAZ25 ) is up +28 (+0.58%). Cocoa prices are climbing today on signs of a slowdown in the pace of cocoa exports from the Ivory Coast. Government data today showed t
On Monday, President Trump renewed tariff threats on foreign-made movies and furniture.
China has asked the Trump administration to officially declare that it “opposes” Taiwan independence, according to a person familiar with the matter, who asked not to be identified discussing private information. The suggested wording is stronger than th
“Our position is not a negotiating tactic. It is objectively and realistically not a level we are able to handle. We are not able to pay $350 billion in cash.”
Now Swiss officials are weighing concessions in sectors spanning energy to agriculture, after President Karin Keller-Sutter’s earlier attempt to stand up to Donald Trump backfired. The proposal made to US Treasury Secretary Scott Bessent and Trade Repres