News

China economic growth falls sharply, missing target

Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.

China posts slowest GDP growth since 2022 at 4.3%, missing expectations

That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.

CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday

U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz

SK Hynix South Korean shares jump 11% as Asia tech stocks rally

SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.

Xbox workers stunned after jobs 'bloodbath'

MSFT, MSFTN, MSFTCL, MSFTCO, MSFD, MSFTUS

The video game giant owned by Microsoft plans to let 3,200 workers go. Will it be a big reset or a system crash?

3 Portfolio-Worthy Stocks to Consider as Q2 Earnings Approach: GE, TSM, UNH

GE, UNH, TSM, BA, AAPL, AMD, NVDA, AVGO

Three stocks that stand out ahead of their upcoming Q2 reports on Thursday, July 16 are GE Aerospace (GE), Taiwan Semiconductor (TSM), and UnitedHealth Group (UNH).

Soybeans Slip Lower on Tuesday

Soybeans closed Tuesday with contracts 1 to 4 cents lower, as July expired with a 5 ¼ cent gains at $12.07 ¼. The cmdtyView national average Cash Bean price was down 3 3/4 cents $11.46. Soymeal futures saw late strength to close up 20 cents to $2.80, with Soy Oil...

Cattle Fall on Tuesday as Beef Slide Continues

Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week, with a few northern bids of $380 dressed vs. sales of 390-393 last week. Live action last week was $247-248 across the country....

Hogs Close out Tuesday on a Mixed Note

Lean hog futures were mixed on Tuesday, with contracts up 35 cent to 40 cents lower. USDA’s national base hog price was reported at $98.56 on Tuesday afternoon, down 22 cents from the day prior. The CME Lean Hog Index was 42 cents higher on July 10 at $93.11. USDA’s...

Cotton Slips Lower into Tuesday Close

Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the day with the US dollar index was up $0.325. Monday afternoon’s Crop Progress showed 60% of the US cotton crop squared...