Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images There’s pricing pressure taking hold of a specific corner of global agriculture — and it’s bittersweet. Prices of cocoa have more than tripled over the
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The benchmark 10-year Treasury note yield fell again on Friday as data released this week pointed to easing inflation. The 10-year Treasury yield was trading around 4.209%, down about 3 basis points. The 2-year Treasury note yield was marginally higher at 4.694%. Yields and prices move in opposite directions and one basis point is equivalent
On Wednesday June 12th something frightening happened. The Russian Northern Fleet naval group completed “precision missile weapons” drills East of the Florida Keys, within easy nuclear missile distance of the United States. Then the four ships of mass destruction sailed to Cuba, only 106 miles from the beaches of Florida, anchored at Havana Harbor and were
A video of Jared Kushner is shown on a screen, as the House select committee investigating the Jan. 6 attack on the U.S. Capitol holds a hearing at the Capitol in Washington, Thursday, July 21, 2022. Alex Brandon | Reuters In March 2022, Jared Kushner was called to testify in front of the Jan. 6
A mockup of Tesla Inc.’s planned humanoid robot Optimus on display during the Seoul Mobility Show in Goyang, South Korea, on Thursday, March 30, 2023. The motor show will continue through April 9. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The entire value of the S&P 500 currently stands at
Solugen makes water treatment chemicals and others from renewable feedstock. Todd Spoth for Solugen A Houston-based startup called Solugen has locked in a $214 million loan commitment from the U.S. Department of Energy via the program that’s most famous for financing electric vehicle maker Tesla in its early years. According to Solugen CEO Gaurab Chakrabarti
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting that concluded May 1. Text removed from the prior statement is in red with a horizontal line through the middle. Text appearing for the first time in the June statement is in red and underlined. Black text appears in
Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part of the National Refining System (SNR) located in Paraiso, Tabasco state, Mexico. Yuri Cortez | Afp | Getty Images The International Energy Agency said Wednesday that a U.S.-led surge
Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.63 adjusted vs. $1.65 expected Revenue: $14.29 billion, vs.
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT – General Motors on Tuesday announced a new $6 billion stock repurchase authorization has been approved by its board. The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in November 2023 is
Former U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court on May 30, 2024 in New York City. Justin Lane | Getty Images Donald Trump was interviewed Monday by a New York probation officer who will submit a report that
Hunter Biden, son of U.S. President Joe Biden, arrives at the federal court for his trial on criminal gun charges in Wilmington, Delaware, U.S., June 7, 2024. Hannah Beier | Reuters This is developing news and will be updated throughout the day. The criminal gun trial of Hunter Biden resumes Monday morning with the chance
South Dakota Governor Kristi Noem speaks at the NRA-ILA Leadership Forum during the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 27, 2022. Shannon Stapleton | Reuters South Dakota Gov. Kristi Noem, once a strong contender to be former President Donald Trump‘s vice presidential pick, suggested on Sunday that the presumptive Republican
Boeing‘s Starliner is a human-grade space capsule designed to take astronauts to and from the International Space Station. Boeing began work on the capsule in 2014, when it signed a $4.2 billion contract with NASA under the agency’s Commercial Crew Program. NASA also selected SpaceX for the job, giving Elon Musk’s company $2.6 billion to
People wait in in a queue to enter CityMD, a health clinic that offers coronavirus disease (COVID-19) testing, on the Upper West Side as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 19, 2021. Andrew Kelly | Reuters Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations
A view shows GlaxoSmithKline headquarters in London, Britain, January 17, 2022. Hannah Mckay | Reuters The Food and Drug Administration on Friday expanded the approval of GSK‘s respiratory syncytial virus vaccine to adults ages 50 to 59 who are at increased risk of getting severely sick from the potentially lethal virus. The shot, called Arexvy,
Apple’s new Vision Pro virtual reality headset is displayed during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | Afp | Getty Images For years, Apple avoided using the acronym AI when talking about its products. Not anymore. The boom in generative artificial intelligence,
In the wake of Covid, are Americans losing their minds? Sort of. We are going crazy for animal stories. Why? It could be because stories of insanity among humans are just too hard for us to take. In the Associated Press’s list of the 31 oddest stories of the week, fully 16—more than half—were tales about
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale. The Detroit automaker said it’s increasingly using the retail giant’s Costco Auto Program
(L-R) U.S. Supreme Court Chief Justices Clarence Thomas, Ruth Bader Ginsburg, Stephen Breyer, and Samuel Alito attend Judge Neil Gorsuch’s judicial oath ceremony in the Rose Garden at the White House April 10, 2017 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Supreme Court Justice Clarence Thomas accepted millions of dollars’
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