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METALS-Copper edges up on fund buying, capped by China tariff worries
Recasts with prices at 1700 GMTBy Eric Onstad LONDON, Jan 8 (Reuters) - Copper prices extended gains for a fifth session on Wednesday as some funds dipped into the market, but a strong dollar and uncertainty about potential tariffs on the world's biggest metals consumer China kept the rise in che...Reuters
Wed, Jan 8
Fed's Waller: More cuts likely though timing depends on inflation progress
WASHINGTON, Jan 8 (Reuters) - Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an uncertain pace, Federal Reserve governor Christopher Waller said on Wednesday.
AI agents are the new trend in crypto; why are they taking over crypto?
This year has witnessed an explosion of interest in AI agents, with Google revealing its AI searches have risen by an order of magnitude. Data from CoinMarketCap also indicate that the crypto AI space has been exploding in value, with a total market cap of $13.5 billion despite the recent market...
Oil trims gains on dollar strength, tight supplies provide support
Jan 8 (Reuters) - Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in U.S. crude stocks.
Reuters
Wed, Jan 8
United Natural Foods Announces Realignment Of Wholesale Business
Jan 8 (Reuters) - United Natural Foods Inc UNFI.N:UNITED NATURAL FOODS INC: RESTRUCTURES COMMERCIAL WHOLESALE ORGANIZATION INTO TWO PRODUCT-CENTERED DIVISIONSUNITED NATURAL FOODS ANNOUNCES REALIGNMENT OF WHOLESALE BUSINESSSource text: ID:nBwTN0TcaFurther company coverage: UNFI.N ((Reuters.Brief@thom...Reuters
Wed, Jan 8
Bitcoin investor sentenced for tax fraud ordered to surrender $124M crypto passcodes
United States law has caught up with Frank Richard Ahlgren III, who was found guilty of tax crimes related to cryptocurrency transactions and sentenced to two years. The Bitcoin investor has also been ordered to surrender the passcodes to access his $124 million digital assets.
Bitcoin Plunges Below $100K Despite Positive Coinbase Premium Signal – What’s Next?
Bitcoin (BTC) has seen bullish but unsteady price action in early 2025, with recent data highlighting shifting sentiment among US investors. After briefly crossing the $102,000 mark yesterday, the asset has struggled to maintain upward momentum.Barclays initiates Levi Strauss coverage with "overweight" rating, $24 PT
Investing.com -- Barclays (LON:BARC) analysts in a note dated Wednesday have initiated coverage on Levi Strauss&Co (NYSE:LEVI). with an "overweight" rating, citing a combination of accelerating organic sales growth, operational improvements, and an attractive valuation as the basis for their outlookInvesting.com
Wed, Jan 8
U.S. Bond Sell-off Storm Intensifies, Wall Street Bets on 10-year Yield above 5%
TradingKey - With less than two weeks to go before Trump officially returns to the White House, the risks of reflation and the Federal Reserve's reduction in the number of interest rate cuts once again loomed over the capital markets. U.S. Treasury bonds and stocks were severely hit.
Dollar strengthens as solid US data pushes up bond yields
Dollar index ticks up on the back of higher yieldsDollar/yen within striking distance of 160Trump inauguration and U.S. labour data in focusUpdates with European morning tradeBy Tom Westbrook and Greta Rosen Fondahn SINGAPORE/GDANSK, Jan 8 (Reuters) - The dollar pushed higher for a second day onWarren Buffett's Warning to Investors Is Hard to Ignore
The holding company Buffett manages, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), has been selling so much stock that it should probably make investors think twice before buying any exchange-traded funds that track the benchmark index.The Motley Fool
Wed, Jan 8
