Global food prices reach highest level in 18 months

Increases signal grocery price pressures likely to rise further over the coming quarters

World - Financial Times - 6 hours ago

The elusive number keeping Treasury yields at their highest levels in 3 months

In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three ...

Business - MarketWatch - October 23

U.S. consumer confidence surges in October to highest level in nine months

The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.

Business - MarketWatch - October 29

Oil prices end at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...

Business - MarketWatch - 3 days ago

Dodgers vs. Yankees World Series tickets have reached Taylor Swift level prices

Resale prices for the World Series between the Dodgers and New York Yankees at Dodger Stadium have soared, with prices climbing over $1,000 per ticket.

Sports - Yahoo Sports - October 22

What to look for on US election night

Razor-thin margins and possible legal challenges mean the next president might not be known for some time

Business - Financial Times - 4 days ago

U.S. budget deficit in fiscal 2024 swells to third-highest level on record

The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.

Business - MarketWatch - October 19

New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in

New-home sales surged in September, as home buyers seized on lower mortgage rates.

Business - MarketWatch - October 24

Mortgage rates rise to highest level since July due to these 3 reasons

Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.

Business - MarketWatch - October 30

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

Tommy Robinson jailed for 18 months after admitting contempt of court

He was jailed for republishing and distributing untrue claims about a Syrian refugee.

Tesla shares close at highest in 13 months as post-earnings rally continues

Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

Business - CNBC - October 25

Nvidia’s stock hits new high as it reaches this milestone level

Nvidia powered to a $3.5 trillion market cap, which only Apple had ever previously hit.

Business - MarketWatch - October 21

Don’t be beguiled by the apparent calm reigning in US bond markets

The outcome of the presidential election could yet cause a crisis of confidence

Business - Financial Times - October 25

Boeing workers to vote on ending strike in critical week for plane maker

Union members to consider offer on Wednesday that could restart production stalled for more than a month

Business - Financial Times - October 20

Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August

Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.

Business - CNBC - October 16

Bitcoin hits highest level since July, boosting other coins and crypto-related stocks

The price of bitcoin neared $68,400 on Wednesday, its highest since July, sparking a rally in other cryptocurrencies and related equities.

Business - CNBC - October 17

Trump’s improving election odds have powered bitcoin to its highest level since July

Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.

Business - MarketWatch - October 16

10-year Treasury yield slips from highest level since July after housing starts drop

Long-dated Treasury yields slipped from their highest levels in more than two months on Friday but ended the week little changed, after data showed new-home construction dipped in September.

Business - MarketWatch - October 18

10-year Treasury yield briefly tops 4.25%, hits highest level since late July

The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.

Business - CNBC - October 23

US unemployment applications fall; continuing claims hit highest level since 2021

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years

Gold may not reach a price ceiling anytime soon. Here’s why.

The rally in gold showed little sign of a slowdown on Thursday, even as futures prices for the precious metal touched their highest intraday level on record — for the 33rd time so far this year.

Business - MarketWatch - October 18

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.

Business - The New York Times - October 23

China posts slowest economic growth in 18 months as optimism fades over stimulus

Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector. China posted its slowest growth in a year and a half on ...

World - The Guardian - October 18

China October exports record highest jump in 19 months, imports decline more than expected

The world's second largest economy has been grappling with weakening domestic consumption and a protracted property crisis, with exports being a rare bright spot.

Business - CNBC - Yesterday

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

Half of all global food threatened by growing water crisis, report says

The world has a worsening water crisis, and half of all food production will be at risk of failure by the middle of this century.

PM says Russia risks global food security in Ukraine

Despite the war, Ukraine is still a significant supplier of agricultural goods including grain.

Bruins still have ways to go to reach Panthers' level after latest loss

The Panthers are the gold standard in the NHL right now, and the Bruins have a lot of work to do to reach that level before the playoffs.

Sports - Yahoo Sports - October 15

World Series ticket prices are the second-highest ever—a Yankees home game could run you nearly $5,000

It will cost more than $3,800 to see Shohei Ohtani play in his first World Series.

Business - CNBC - October 24

Hawaii has the highest cost of living in the U.S.: The state has 'really high home prices' and expensive goods, expert says

The most expensive states were found by analyzing the cost of living by The Council for Community and Economic Research.

Business - CNBC - 5 days ago

Easing Food Prices Aren't Enough for Pinched Shoppers, Nestlé Says

Nestlé lowered its sales expectations for the second time this year as the food giant offers greater discounts to lure back shoppers deterred by rising prices in recent years.

Business - The Wall Street Journal - October 17

Target cuts prices on 2,000+ products, from food to cough medicine

Target is reducing the prices of more items as the discount retail chain readies for the holiday shopping season.

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