Stocks
Cocoa Prices Rebound on Short Covering Ahead of Holiday Weekend
Cocoa futures recovered from 2.5-week lows on Friday, driven by short covering ahead of a long holiday weekend in the US and...
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Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Stocks
Trump: U.S.-Iran Peace Deal on Strait of Hormuz ‘Largely Negotiated’
President Trump announced a peace deal with Iran to reopen the Strait of Hormuz is 'largely negotiated' and will be announced soon.
Markets
Fund Bets $20M on CorVel Amid 45% Stock Drop
Owls Nest Partners IA disclosed a new $20.06 million stake in CorVel (CRVL) last quarter, a move that appears contrarian given the...
Stocks
Corn Futures End Week on Upward Trend
Corn futures closed Friday with modest gains, extending weekly advances for key contracts. Private export sales and USDA data provided underlying support.
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
Economy
Maine Program Feeds Communities, Stabilizes Fish Prices
A pandemic-era initiative, Fishermen Feeding Mainers, has injected over $4 million into Maine's groundfishing industry by purchasing 1.3 million pounds of fish...
Finance
ECB Credibility Hinges on June Rate Hike, Stournaras Warns
ECB Governing Council member Yannis Stournaras states a June interest-rate hike is likely inevitable to preserve the bank's credibility amid worsening inflation...
Economy
G7 Ministers Target Critical Mineral Supply Chains
G7 trade ministers convened to address geopolitical tensions and trade uncertainty, pledging cooperation on securing critical mineral supply chains, with a clear...
Economy
Wales First Minister Slams UK Cost of Living Measures as ‘Missed Opportunity’
Rhun ap Iorwerth criticizes the Chancellor's cost of living package, arguing for deeper action on energy prices rather than temporary tax cuts.
Stocks
Cotton Futures Decline as Memorial Day Weekend Approaches
Cotton futures saw a broad decline on Friday, with the July contract experiencing a significant weekly drop. The market prepares for a...
Stocks
Samsung Electronics Hits $1 Trillion Market Cap on AI Chip Demand
Samsung Electronics' valuation soared to $1 trillion, driven by robust demand for its artificial intelligence chips. The South Korean tech giant's profits...