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Costco launching Medicare Advantage plans with SCAN Group

Costco Wholesale Corporation and nonprofit insurer SCAN Group announced a partnership on Tuesday to sell Costco-branded Medicare plans, marking the retailer's first entry into the Medicare market. The two companies plan…

Favorable West African Weather Weighs on Cocoa Prices

Cocoa prices extended this week's losses, with NY cocoa falling to a 1.5-week low. Favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices. Cocoa farmers in the Ivory Coast a…

Chipmaker Sell-Off Weighs on Stock Indices

The S&P 500 Index ($SPX) (SPY) is down by -0.61% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.76%. E-mini S&P futures (ESU26) are down -0.…

Nvidia's AI moat is shifting from chips to capital

Nvidia's massive head start in artificial intelligence turned the chipmaker into the world's most valuable company. Now, almost four years into the generative AI boom, competitors like Advanced Micro Devices and Google …

Disney-owned ABC files First Amendment lawsuit against FCC

Disney's ABC has filed a First Amendment lawsuit against the Federal Communications Commission, calling the government agency's recent investigation into the company a "retaliatory campaign" due to the nature of its pro…

Global Sugar Deficit Fears Underpin Prices

October NY world sugar #11 (SBV26) closed up +0.27 (+1.63%) on Monday, and October London ICE white sugar #5 (SWV26) closed up +11.80 (+2.31%).