News

Tesla eyes European freight market with long-delayed Semi truck

Tesla is set to deploy its Semi truck in Europe, releasing details about truck specifications and launch plans in a post on X, after years of delays.

Saudi Arabia shut down East-West crude oil pipeline after multiple attacks

Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.

A Fed hike next week seems certain after the latest inflation data. Here's what's ahead

The latest inflation data failed to soothe fears that pricing pressures will be coming down anytime soon.

Arizona accuses L'Oreal of concealing cancer risks linked to hair relaxers

Arizona sued L'Oreal, saying the company violated laws by marketing hair relaxer products without disclosing alleged cancer risks, joining many user lawsuits.

Digital Realty Trust's Series J Preferred Stock Shares Cross 7% Yield Mark

DLR.PRJ, DLR

In trading on Friday, shares of Digital Realty Trust Inc's 5.250% Series J Cumulative Redeemable Preferred Stock (Symbol: DLR.PRJ) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $18.63 on the day.

Digital Realty Trust's Series L Preferred Stock Shares Cross 7% Yield Mark

DLR.PRL, DLR

In trading on Friday, shares of Digital Realty Trust Inc's 5.200% Series L Cumulative Redeemable Preferred Stock (Symbol: DLR.PRL) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.30), with shares changing hands as low as $18.40 on the day. Th

Cotton Falling, Despite USDA Production Cut

Cotton futures are posting Friday losses at midday, despite a USDA reduction to the US output expectation as export business continues to disappoint. Contracts are down 140 to 147 points on the session. Crude oil is back down $2.64 per barrel on the session, with the US dollar index up...

Corn Slipping Back in Sell the Fact Reaction to USDA Yield Cut

Corn futures are trading with midday losses of 2 to 3 cents so far on Friday. The CmdtyView national average Cash Corn price is down 2 1/2 cents at $4.85 1/2. USDA reported a private export sale of 264,000 MT this morning, all to Mexico for 2026/27 shipment. The monthly...

Wheat Posting Friday Losses, as USDA Hikes World Carryout

The wheat complex is trading with weakness across the three markets on Friday. Chicago SRW contracts are posting 13 to 18 1/4 losses at midday. KC HRW futures are trading with Friday weakness of 17 to 26 cents. MPLS spring wheat is under pressure, with contracts 13 to 16 cents...

Dan Chung rebuilt a decimated Alger Management after 9/11. He's still finding the market's winners

The CEO and chief investment officer at Fred Alger Management survived the attack by chance. He was tasked with reconstruction after 35 staffers died.