Travelodge boss resigns amid criticism over handling of assaults; oil price tops $93 a barrel – business live
In the markets, oil prices have risen further to three-week highs as there is no sign of an end to the US-Israeli war on Iran.
Markets
New Strong Sell Stocks for August 20th
Albertsons Companies, Inc. ACI is a retail holding company. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 60 days.
‘There is considerable tension’: My grandmother, 99, wants to cut my mother out of her will. Should I intervene?
“Grandma feels that she was pressured by my mother into taking out a $50,000 HELOC.”
Bond yields edge higher as traders digest Treasury debt buyback plan
Bond yields edged higher on Thursday morning after pulling back sharply during the previous session following the Treasury Department's move to dramatically ramp up government debt repurchases in a bid to shore up longe…
Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says
Humanoid robots may be a decade away from their "ChatGPT moment," Unitree Robotics founder Wang Xingxing has said, following his company's soaring market debut.
Bank of America sends message on Capital One stock
Capital One Financial has spent more than a year integrating Discover while investors watch whether the massive acquisition can translate into faster growth and stronger returns.
Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains
Semiconductor shipments continued to power Japan's exports in July, helping clock the fastest growth since October 2022, beating expectations.
Hogs Rebound Higher on Wednesday
Lean hog futures closed the Wednesday session with contracts 12 to 77 cents higher. USDA’s national base hog price was reported at $92.10 in the Wednesday PM report, down $2.27 from the day prior. The CME Lean Hog Index…
Hyundai's new flagship vehicle is a large luxury Genesis EV
SAN FRANCISCO — Hyundai Motor's newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90.
My son does not work, yet pays $500 for Affordable Care Act health insurance. Is that fair?
In the shutdown standoff over expiring Affordable Care Act tax credits, Democrats emphasize thousand-dollar premium increases for middle- or “working-class” Americans, while Republicans say people who are well-off unfai…
Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge
Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.
Jim Cramer drops stunning take on the economy
"There's so much to dislike about the economy," Jim Cramer said in the latest episode of "Mad Money," ticking through tech turmoil, oil, inflation, housing affordability, and the bond market.
I hold my mother-in-law’s power of attorney. I’m also her executor and trustee. Do I have ultimate authority?
I hold my mother-in-law’s power of attorney. I’m also her executor and trustee. Do I have ultimate authority? “There is a lot of legal and financial power in my hands.” Read at source
Cattle Falling Despite a Resurgence in Beef
Live cattle futures are falling $1 to $1.25 so far on Wednesday. Cash trade has been quiet so far this week, with a few $359 dressed sales creeping in following last week’s $225-228 live and $362-368 dressed action. The…
Corn Rally to Wednesday’s Final Bell
Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The CmdtyView national average Cash Corn price was up a dime at $4.45 1/2.
Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers
President Donald Trump said the U.S. will launch what he called the "most crushing economic operation ever taken against any country" against Iran, threatening severe financial penalties on any nation that helps Tehran …
Stocks Finish Mixed as Bond Yields Fall and Chipmakers Slide
The S&P 500 Index ($SPX) (SPY) closed up by +0.21% on Wednesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.22%. E-mini S&P futures (ESU2…
Cattle Falling Despite a Resurgence in Beef
Live cattle futures fell back $1.47 to $2.05 across most contracts on Wednesday, ignoring the stronger beef. Cash trade has picked up a few at $355-360. The Wednesday morning Fed Cattle Exchange online auction showed no…
Wheat Taking Back Tuesday Weakness with Wednesday Strength
The wheat complex is rallying across the three exchanges at midday. Chicago SRW contracts is up 14 to 15 cents across most contracts. KC HRW futures are 16 to 17 cents in the front months on the session. MPLS spring whe…
Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades
Wednesday was already shaping up to be the best for crypto assets in recent memory, with bitcoin trading the highest since June as President Donald Trump scheduled a meeting with industry leaders.
Sugar Prices Turn Lower on Technical Selling
October NY world sugar #11 (SBV26) is down -0.03 (-0.17%) today, and October London ICE white sugar #5 (SWV26) is down -0.50 (-0.09%).
Yields pull back from multi-year highs after Treasury Department says it will double government debt repurchase size
Longer-term U.S. Treasury yields pulled back on Wednesday, reversing course from this week's major advance, after the Treasury Department announced an upscaled buyback operation of the nation's debt.
Stocks Mixed on Lower Bond Yields and Chip Stock Weakness
The S&P 500 Index ($SPX) (SPY) is up by +0.33% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.33%. E-mini S&P futures (ESU26) are up +0.31%, a…
DOJ cites Comey's novel in urging judge not to toss ‘86 47' seashells threat to Trump case
The Department of Justice cited a novel written by James Comey as it urged a federal judge not to dismiss criminal charges against the former FBI director for allegedly threatening to kill President Donald Trump by post…