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Soy hits 17-month high, corn to 4-month top as trade braces for US data
CHICAGO, Nov 13 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday to their highest in nearly 17 months as traders awaited a U.S. government crop report that was expected to lower yield estimates, while also bracing for the resumption of export data to give clues on Chinese buying.Reuters
Fri, Nov 14
US says talks with Swiss officials were 'very positive,' deal could see drop in tariffs
WASHINGTON, Nov 13 (Reuters) - U.S. trade talks with Switzerland in Washington on Thursday were "very positive" and could lead to a reduction in the 39% U.S. tariffs on Swiss imports if the terms of a deal are accepted by U.S. President Donald Trump, a senior U.S. official said.Swiss officia...Reuters
Fri, Nov 14
Apple lowers App Store commissions for 'mini apps'
SAN FRANCISCO, Nov 13 (Reuters) - Apple AAPL.O on Thursday said it would lower commissions for "mini apps" on iPhones and other devices.Apple's App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come ...
Reuters
Fri, Nov 14
Fed's Kashkari wanted rate-cut pause in October, reports Bloomberg News
Nov 13 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed's interest-rate cut in October given the economy's resilience, and said he was undecided on what to do for the Fed's meeting next month. ...Reuters
Fri, Nov 14
Living costs, mortgages on the menu at White House dinner with top execs, sources say
NEW YORK, Nov 13 (Reuters) - Rising living costs and expanding home ownership were among the issues U.S. President Donald Trump and top Wall Street executives discussed at Wednesday's White House dinner, according to two people with knowledge of the event.Reuters
Fri, Nov 14
US corporate bankruptcies set to hit 15-year high amid credit jitters, S&P data shows
Nov 13 (Reuters) - Large U.S. corporate bankruptcies are on pace to hit their highest level in 15 years, S&P Global data showed on Thursday, underscoring mounting stress across corporate America at a sensitive time for public market investors.Total bankruptcy filings reached 655 this year throug...Reuters
Fri, Nov 14
Bitcoin Sinks Deeper Toward $100,000 as Bear Market Grips Crypto
Bitcoin sank deeper to the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters.The digital currency fell to 100,447 now and once dropped as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion i
Tiger News
Fri, Nov 14
Fed's December rate cut looks increasingly like a toss-up
SAN FRANCISCO/DUBLIN, Nov 13 (Reuters) - Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based oddReuters
Fri, Nov 14
Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
Nov 13 (Reuters) - Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health.
Reuters
Fri, Nov 14
Mike Burry says Oracle will overstate earnings by 27% and Meta by 21% due to depreciation gimmic
Michael Burry has accused two of America’s biggest tech players, Oracle and Meta, of using what he calls “depreciation gimmicks” to exaggerate their profits from the AI boom, according to CNBC.Cryptopolitan
Thu, Nov 13
South Korea shares gain for a fourth day; end of US government shutdown in focus
South Korean shares extended gains for a fourth straight session on Thursday, as the U.S. House passed a bill to end the longest-ever government shutdown in South Korea's second-biggest trading partner.Reuters
Thu, Nov 13
Gold extends rise as Trump signs deal to lift shutdown
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Reuters
Thu, Nov 13
