Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped up floor prices during peak shopping periods, adding surcharges to merchants’ ad spending.
Markets
Corn Pushes Higher to Close August, as Conditions Slip
Corn futures rounded out August with contracts up 1 to 3 1/2 cents on the session. There were 90 deliveries issued against September corn on First Notice Day. The CmdtyView national average Cash Corn price was back up 3…
Wheat Falling Back to Close Out the Month
The wheat complex is facing some month end pressure to close out August. Chicago SRW contracts are falling back 25 to 26 cetns at midday. There were just 9 deliveries first notice day for Sep CBT wheat. KC HRW futures a…
Cattle Getting A Bounce at Month End
Live cattle futures are trading with Monday gains of 75 to 95 cents in the front months. Last week’s cash trade was mostly $220-222 late across the country. Feeder cattle futures are starting the week with contracts $1.…
Trump Account holders may receive $250 Dell grant starting Monday, Dell Foundation says
Eligible Trump Account holders will begin receiving the $250 Dell gift this week, according to the Dell Foundation.
Arabica Coffee Posts Moderate Losses as Prices Consolidate
December arabica coffee (KCZ26) closed down 1.35 (-0.43%) on Monday, and November ICE robusta coffee (RMX26) did not trade, as markets were closed in the UK for a holiday.
Bessent pushes back on Druckenmiller critique of bond intervention
Treasury Secretary Scott Bessent on Monday defended the Trump administration's recent intervention in the bond market, pushing back on an eyebrow-raising critique from his investing mentor, billionaire Stanley Druckenmi…
Supreme Court lets Trump build White House ballroom as lawsuit continues
The Supreme Court, in a split decision Monday, allowed President Donald Trump to continue construction of his controversial White House ballroom as legal challenges to the project play out.
House Intelligence Committee warns of 'Black Swan' AI risks
The House Permanent Select Committee on Intelligence urged U.S. spy agencies to better prepare for "Black Swan" artificial intelligence risks, warning in a new report the technology could be leveraged by terrorists or a…
Trump says U.S. growth could hit 20%. It’s happened only once since WWII
President Donald Trump said Monday that the U.S. economy could grow at rates as high as 20%, while arguing that even such rapid growth should not prompt the Federal Reserve to raise interest rates.
Hogs Rallying to Close Out August
Lean hog futures are in rally mode to round out August trade, with gains of $1.45 to $1.85 at midday. USDA’s national base hog price was reported at $88.65 on Monday morning afternoon, down $1 from the day prior. The CM…
The S&P 500 usually falls in September. Why this year should be different.
Stocks tumbled on Monday, extending a dayslong slide that presents a dilemma: Should investors buy in at bargain prices or unload in fear of worse to come?
Cocoa Prices Rise on Concern Over West African Cocoa Quality
December ICE NY cocoa (CCZ26) closed up +123 (+1.85%) on Monday, and September ICE London cocoa #7 (CAU26) did not trade, with markets in the UK closed for a holiday.
Stocks Fall as Rising Geopolitical Risks Boost Crude Oil and Bond Yields
The S&P 500 Index ($SPX) (SPY) is down by -0.50% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.29%. E-mini S&P futures (ESU26) are down -0.…
Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
Drivers in the U.S. won't see lower gas prices from President Donald Trump's massive oil deal with Venezuela because it will take years to significantly boost the country's production, experts say.
Markets see Warsh endorsing a rate hike in September. Not everyone is convinced
Just a few carefully chosen words from Federal Reserve Chairman Kevin Warsh convinced markets that he was serious about inflation and ready to recommend an interest rate hike in just a few weeks.
Firearms retailer files Chapter 11 bankruptcy as gun sales drop
Guns and ammunition retailers have faced financial distress, leading to store closings and bankruptcy filings as sales have fallen significantly over the last two years.
Bank of England chief warns new AI models threaten global financial stability
The growing threat posed by advanced artificial intelligence models could trigger a disorderly correction in global financial markets, according to Bank of England Governor Andrew Bailey.
Waiting for homebuying to get more affordable? Here's what to expect in 2027
If you've been waiting for the housing market to get more affordable before buying a home, 2027 may not bring much relief.
Global oil prices top $91 a barrel after U.S. and Iran exchange fire for the first time in a month
Every extra dollar in oil prices now lands in a market that has suddenly rediscovered the possibility of another interest-rate hike.
Hogs Rally into the Weekend
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog price was at $89.57 in the Friday PM report, down 19 cents from the…
The travel shoulder season is shrinking — and so are the savings
Traveling during the shoulder season is often touted as a reliable way for people to save money compared with budget-busting travel during the summer months.
My friend is charging everyone $80 to attend her 30th birthday party. She says it’s to cover the open bar. Is it rude to not go?
My friend is charging everyone $80 to attend her 30th birthday party. She says it’s to cover the open bar. Is it rude to not go? “I think she would take it personally if I didn’t attend.” Read at source
Corn Pushes Gains into the Weekend as Specs Expand Length
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The CmdtyView national average Cash Corn price was b…