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Diamondback misses profit estimates as weaker oil prices weigh
Feb 23 (Reuters) - Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices, sending its shares down more than 2% in extended trading.Global crude oil prices have been pressured by growing worrie...Reuters
22 minutes ago
CBOT wheat ends down after climbing to July highs
CHICAGO, Feb 23 (Reuters) - Chicago Board of Trade wheat futures fell on profit-taking on Monday, analysts said, as the market pulled back after reaching its highest levels since July. CBOT March soft red winter wheat WH26 ended down 4 cents at $5.69-1/2 a bushel. The contract earlier hit its hig...Reuters
47 minutes ago
Trump says will be very bad day for Iran if don't make a deal
WASHINGTON, Feb 23 (Reuters) - If the United States does not make a deal with Iran over its nuclear ambitions "it will be a very bad day for that Country and, very sadly, its people," U.S. President Donald Trump said in a social media post on Monday.Reuters
47 minutes ago
Maryland sues Trump administration to halt construction of ICE facility
By Jasper Ward WASHINGTON, Feb 23 (Reuters) - Maryland Attorney General Anthony Brown said on Monday that the state had filed a lawsuit against the Trump administration to halt construction of a new federal immigration detention center in the state.The U.S. Department of Homeland Security, which ...Reuters
49 minutes ago
ICE Reverts FCOJ Futures Daily Price Limit To 10 Cents Per Pound
Feb 23 (Reuters) - ICE FUTURES U.S.: EFFECTIVE WITH THE START OF TRADING FOR FEBRUARY 24, 2026, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL REVERT TO 10 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY'S SETTLEMENT PRICE FOR THE RESPECTIVE DELIVERY M...Reuters
57 minutes ago
CBOT soy falls on US trade uncertainty after Supreme Court ruling
CHICAGO, Feb 23 (Reuters) - Chicago Board of Trade soybean futures ended lower on Monday as traders worried that U.S. export potential may suffer after the U.S. Supreme Court struck down President Donald Trump's sweeping tariffs on Friday. On Saturday, Trump increased the temporary duty to 15% o...Reuters
59 minutes ago
Shale producer Diamondback misses fourth-quarter profit estimates
Feb 23 (Reuters) - Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices The Midland, Texas-based company posted an adjusted profit of $1.74 per share for the three months ended December 31, c...Reuters
an hour ago
Oil at six-month high with nuclear talks and US tariffs in focus
US and Iran to hold third round of talks on ThursdayTrump's latest tariff measures rekindle economic uncertaintyBrent and WTI benchmarks near their highest since AugustBy Nicole Jao NEW YORK, Feb 23 (Reuters) - Oil prices eased on Monday but remained at a six-month high ahead of a third round...Reuters
an hour ago
American Airlines Resumes Operations At Philadelphia International Airport
Feb 23 (Reuters) - American Airlines Group Inc AAL.O:AMERICAN AIRLINES: RESUMED OPERATIONS AT PHILADELPHIA INTERNATIONAL AIRPORT (PHL), WITH OUR FIRST ARRIVAL TOUCHING DOWN AT 3:07 P.M. ET - STATEMENTAMERICAN AIRLINES: OPERATIONS AT LAGUARDIA AIRPORT, JFK INTERNATIONAL AIRPORT ARE EXPECTED TO RESUME...Reuters
an hour ago
CBOT corn ends flat, US export demand underpins market
CHICAGO, Feb 23 (Reuters) - Chicago Board of Trade corn futures rose to multi-week highs on Monday as U.S. export demand underpinned the market, and then finished nearly unchanged, analysts said.CBOT March corn CH26 settled flat at $4.27-1/2 per bushel after touching the highest level since February...Reuters
an hour ago
FACTBOX-More than 588,000 customers without power as winter storm hits US Northeast
Feb 23 (Reuters) - A winter storm across parts of the U.S. Northeast has left more than 588,000 homes and businesses without power, as officials across the region warned of heavy snow, strong winds and dangerous travel conditions.The hardest-hit utilities included Eversource Energy ES.N in Massachus...Reuters
2 hours ago
Panama officially scraps CK Hutchison contracts, handing canal ports to Maersk
PANAMA CITY, Feb 23 (Reuters) - Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison 0001.HK, clearing the way for Maersk's MAERSKb.CO APM Terminals to take over temporarily.The publication finalizes the legal...Reuters
2 hours ago
Gold reclaims $5,200 as trade turmoil and Iran tensions lift haven demand
Gold rallies for the fourth straight day, reclaiming the $5,200 milestone late during the North American session on Monday as the Greenback retreats on uncertainty over US trade policies after the US Supreme Court ruled against the International Emergency Economic Powers Act (IEEPA) duties imposed b
Fxstreet
2 hours ago
US natgas futures dip 2% to four-month low on mild forecasts, despite Northeast blizzard
US natgas futures fall 2% despite winter stormWaha Hub prices negative for record 12th dayLNG export flows near monthly recordBy Scott DiSavino NEW YORK, Feb 23 (Reuters) - U.S. natural gas futures fell about 2% to a four-month low on Monday on a milder weather forecast over the next two ...Reuters
2 hours ago
Mexico's Femsa Registers Over 200 Incidents After Crime Boss Killed
Feb 23 (Reuters) - Fomento Economico Mexicano SAB de CV FEMSAUBD.MX:MEXICO'S FEMSA SAYS IT HAS REGISTERED MORE THAN 200 INCIDENTS IN ITS STORES AND GAS STATIONS AFTER DEATH OF CRIME BOSSMEXICO'S FEMSA: TODAY WE HAVE BEGUN REOPENING MOST OF OUR STORES AS CONDITIONS ALLOWReuters
3 hours ago
GRAINS-Soy, wheat fall on US trade uncertainty after tariff ruling
Traders worry about US crop exports after Trump raises temporary dutiesSupreme Court struck down Trump's previous tariff programChina may be less likely to buy US soy after ruling, analysts say By Tom Polansek CHICAGO, Feb 23 (Reuters) - Chicago Board of Trade soybean futures slipped on Monda...Reuters
3 hours ago
PRECIOUS-Gold hits three-week high on uncertainty over Trump tariff plans
Trump imposes 15% levy on imports after court rulingMainland China market reopens on Tuesday after Lunar New YearUS inflation rise may deter Fed from easing rates soonBy Anmol Choubey Feb 23 (Reuters) - Gold rose more than 2% to a three-week high on Monday, fuelled by a fresh wave of safe-haven d...Reuters
3 hours ago
US Cash Grains-Corn, soy basis bids steady to firmer at elevators, processors
CHICAGO, Feb 23 (Reuters) - Basis bids for corn and soybeans were mostly steady to higher at elevators and processors in a spot check of locations in the U.S. Midwest on Monday, as futures ticked up slightly. Corn basis bids rose at a processor in Cedar Rapids Iowa and an elevator in Blair, Nebraska...Reuters
3 hours ago
C.H. Robinson CEO says AI will drive freight brokerage consolidation
By Abhinav Parmar and Apratim Sarkar Feb 23 (Reuters) - Global logistics provider C.H. Robinson's CHRW.O CEO Dave Bozeman dismissed a recent selloff tied to AI-led disruption in the freight industry, and said the race to adopt the technology would spur consolidation instead. C.H. Robinson...Reuters
4 hours ago
US power plants may avert retirement in 2026, EIA says
By Laila Kearney Feb 23 (Reuters) - U.S. power plants scheduled to be retired in 2026 could stay online longer, the Department of Energy's research arm said on Monday, building on a trend that began last year as electricity use and prices hit record levels in some parts of the country.Across ...Reuters
4 hours ago
