Prices in Argentina picked up in line with expectations last month as President Javier Milei’s party faced a crunch midterm election https://t.co/vHmgVNuSUi ...

BREAKING: Futures Rise After Growth-Led Market Sell-Off Silver prices soared on Wednesday, nearing October's all-time high, while the gold price also rallied, as both precious and industrial metals shined on a flattish session for the S&P 500. Gold miner Newmont (NEM) was among the top S&P 500 performers in midday trade. Royal Gold (RGLD) flashed a buying opportunity as it reclaimed a key technical level. Hudbay Minerals… Related news Market Leader Nvidia Among 21 Stocks Just Added To Best Stock Lists 11:02 ...

Question-and-Answer SessionIt's been a dynamic environment in the food space over the past few years, including over the past month or so. Maybe we could just start off with an update on trends and expectations as you see them for General Mills.Jeffrey HarmeningChairman & CEO Yes. Thanks. I've been CEO for 8.5 years. I think it's been dynamic for the last 8.5 years or so. And as you say, the last month or so is no different. As I think about the current environment and reflect back a couple of years before ...

crypto whale, ethereum trading, ethereum whale, bitcoin whale, solana whale, crypto market. Photo by BeInCrypto The delayed US CPI report — previously postponed due to the historic government shutdown — is scheduled for release on November 13, with high market expectations. October’s inflation is projected to stay close to September’s 2.6% headline and 3.3% core year-over-year readings. A cooler print could revive rate-cut hopes, while a hotter one might delay them again. Ahead of the release, crypto whale ...

Core Viewpoint - The UK government is facing a critical financial situation, with high borrowing costs and inflation, necessitating immediate action to stabilize the economy and restore market confidence [2][4][6]. Group 1: Government Borrowing and Debt - The UK has the highest borrowing costs in the G7, primarily due to excessive spending and the recent decision by the Chancellor to abandon previous debt rules [5][6]. - Labour is projected to borrow over £117 billion this year to meet its political objectives, which is exacerbated by rising inflation currently at 3.8%, the highest among major wealthy nations [6][8]. Group 2: Political Challenges and Market Reactions - There is significant pressure on the Chancellor to take decisive action to reassure bond markets, especially after failing to implement planned welfare savings [7]. - Political support is crucial for the Chancellor to enact unpopular measures, as backbench Labour MPs are resistant to changes that could destabilize financial markets [2][7]. Group 3: Proposed Solutions - One suggested approach to address the financial crisis is to implement radical tax increases, particularly targeting higher earners, which would demonstrate a commitment to fiscal responsibility [8]. - Such tax increases could generate revenue to reduce borrowing, alleviate inflationary pressures by curbing household spending, and signal to markets a serious intent to manage public finances effectively [8][9].

Overnight crypto gains once again evaporated by U.S. morning hours as bitcoin (BTC) tumbled back below $102,000 on Wednesday. Briefly topping $105,000 earlier today, the largest crypto nosedived 3% in just a couple hours as U.S. traditional markets opened. It wasn't just bitcoin; ether (ETH) fell almost 5% below $3,400 during the same period, while Solana (SOL), XRP (XRP) and other altcoin majors suffered similar declines. Crypto-related U.S. stocks are also taking a beating in the early session. USDC st ...

Inflation has crept up again, hovering around 3%, which is higher than the Federal Reserve would like. For retirees, that means higher prices on everything from groceries to healthcare. Learn Next: What Class Do You Actually Belong To? The Income Breakdown Might Shock You Discover More: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home Some retirees are choosing to weather this inflationary wave by adjusting habits and using smart financial strategies. Here’s how they’re keeping their savin ...

Pre-market futures are up at this hour, a day after a mixed session among major indexes that saw a pullback in the Nasdaq and S&P 500 but a new record-high close for the blue-chip Dow. This looks like a step in the right direction in terms of breadth of market growth. The Dow is up another +103 points currently, the S&P 500 is +22, the Nasdaq +151 and the small-cap Russell 2000 +7 points.Operatives on Capitol Hill are still working to re-open the government after a record-long shutdown (we’re officially on ...

分组1 - The U.S. government shutdown is expected to end, with the House of Representatives voting on legislation to reopen the government after 43 days [1][9][10] - The shutdown has caused significant disruptions, including delays in food aid and federal workers going without pay, but stock futures are rising due to the anticipated resolution [2][6] - The Federal Reserve's ability to make monetary policy decisions has been hindered by the shutdown, affecting the flow of critical economic data [14][37] 分组2 - Circle reported higher than expected revenue and earnings in Q3, with total revenue and reserve income increasing by 66% and adjusted earnings per share at 64 cents, surpassing estimates of 20 cents [4][22] - Despite strong earnings, Circle's stock is under pressure due to concerns about lower interest rates affecting future profits, as the reserve return rate decreased by 96 basis points to 4.15% [3][23] - Circle is diversifying its revenue streams, including the development of its blockchain network ARC, which has about 100 companies participating in testing [25] 分组3 - AMD's CEO provided an optimistic outlook for AI, projecting a 60% increase in data center revenue over the next 3 to 5 years, contributing to renewed market optimism [19] - Infinion, a German chipmaker, forecasts revenue growth in the 2026 fiscal year, driven by demand from AI data centers [33] - Chevron is entering a new business line by providing natural gas-fired power to an AI data center, indicating a strategic pivot to capitalize on the AI boom [34]

Core Points - Atlanta Federal Reserve President Raphael Bostic will leave his position when his term expires on February 28, 2024, after serving since June 2017 [1][2] - Bostic is recognized as the first Black and openly gay regional president of the Federal Reserve [1] - His departure comes at a critical time for the Federal Reserve, as it prepares for a pivotal year regarding interest rate decisions [2] Group 1 - Bostic expressed pride in his accomplishments during his tenure, emphasizing the goal of creating an economy that works for everyone [2] - Regional presidents serve five-year terms, typically expiring in years ending in 1 or 6, which aligns with Bostic's upcoming departure [3] - The process of appointing new regional presidents may be complicated by unusual political dynamics on the Fed Board of Governors [3] Group 2 - Jerome Powell's term as Fed chair will expire in May 2024, while his governorship continues until 2028 [4] - Bostic has been characterized as a centrist and has shown caution regarding interest rate cuts amid high inflation and a softening labor market [4] - Until a successor is appointed, Cheryl Venable will assume the role of president at the Atlanta Fed [5]