Cocoa prices hit $10,000 per metric ton for the first time ever
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images …
Wall Street
US stocks hit records as Federal Reserve confirms plan for 2024 interest rate cuts
Major Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared a …
JPMorgan research boss says immigration is benefiting the U.S. economy
U.S. commuters. Caroline Purser | The Image Bank | Getty Images The recent influx of immigration into the U.S. is helping to bolster the economy despite a raft of global …
Hindenburg Research is making a name for itself by taking on Carl Icahn, Gautam Adani and others
NEW YORK – Jan. 6, 2023: Nate Anderson works at his desk. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research. The Washington Post | The Washington …
Stock market today: Live updates
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, August 8, 2022. Andrew Kelly | Reuters Stock futures were climbed on Monday morning, …
Palantir CEO Alex Karp says short sellers make money to buy cocaine
The chief executive of software company Palantir blasted short sellers on Wall Street, saying that “nothing makes a human happier than taking the lines of cocaine away” from people who …
Bitcoin may lose its reputation as a volatile asset. Here’s why
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past …
All eyes will be on Fed’s interest rate outlook, Nvidia conference
How the Federal Reserve plans to proceed with interest rates will be in focus next week after some recent signs of hotter inflation muddied the outlook. The Fed is expected …
HSBC is ‘very positive’ about the future of China’s economy, CFO says
The Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong. Ucg | Universal Images Group | Getty Images HSBC is “very positive” about the mid …
Former Boeing employee who reportedly raised concerns about company found dead
John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead of an apparent suicide, according to authorities in South Carolina. Barnett …