News

John Healey becomes chancellor weeks after shock resignation from defence job

The former defence secretary is seen as a safe pair of hands - and is now in charge of the government's finances.

Hogs Trading Mixed on Monday

Lean hog futures are mixed at midday, with most contracts within 35 cents of unchanged. USDA’s national base hog price was not reported on Monday morning due to low volume. The CME Lean Hog Index was 50 cents higher on July 15 at $95.10. The weekly CFTC Commitment of Traders...

Cattle Finding Some Buyers on Monday with Beef Bouncing at Midday

Live cattle futures are up $1.50 to $2.12 so far at Monday’s midday. Cash trade settled in at $238-240 in the north last week, with Southern trade at $237-238. Feeder cattle futures are $3.87 to $4.75 higher across the front months at midday. The CME Feeder Cattle Index was down...

Cotton Holding Higher at Monday’s Midday

Cotton futures are up 34 to 63 points so at Monday’s midday. Crude oil is up another 24 cents per barrel, with the US dollar index up 0.239. Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options adding another 10,578 contracts to their...

Soybeans Rallying with More Export Business

Soybeans are in rally mode on Monday, with gains of 25 to 27 cents. The cmdtyView national average Cash Bean price is up 26 1/4 cents at $11.92 1/4. Soymeal futures are up $5.30 to $6.50 higher at midday, with Soy Oil futures down 50 to 60 points. USDA reported...

Crude Oil Advances Amid Indications Of U.S.-Iran Talks Even While Mutual Strikes Continue

(RTTNews) - Crude oil prices have edged higher on Monday amid reports indicating that the U.S. and Iran are set to renew diplomatic efforts to halt the recently erupted confrontation even though both nations have not ceased their attacks on each other.

Healey seen as 'safe pair of hands' as he is appointed chancellor

BBC

The BBC's Economics Editor Faisal Islam outlines the challenges facing the new chancellor.

Netflix's Weak Outlook Overshadows Q2 Earnings Beat: Time to Hold?

NFLX, AMZN, AAPL, DIS

NFLX's Q2 earnings beat is eclipsed by weaker revenues, softer guidance and engagement concerns, leaving investors weighing whether to wait for clarity.

Sugar Prices Slip on Dollar Strength and Crude Oil Weakness

October NY world sugar #11 (SBV26 ) today is down -0.02 (-0.13%), and October London ICE white sugar #5 (SWV26 ) is down -3.00 (-0.64%). Sugar prices are slipping today amid dollar strength and weakness in crude oil. The stronger dollar is bearish for most commodities, and weakness in crude...

Capital One bet big on Discover. Now it must prove the gamble was worth it

Tuesday evening's second-quarter earnings report is the perfect stage to do just that.