News
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Commodities
BRIEF-ICE Expands FCOJ Futures Daily Price Limit To 30 Cents/Lb
Feb 10 (Reuters) - ICE FUTURE U.S.:EFFECTIVE WITH THE START OF TRADING FOR TUESDAY, FEBRUARY 11, 2025, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL EXPAND TO 30 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE FOR THE RESPECTIVE DELIVERY M...Reuters
Mon, Feb 10
Other
AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
Adds details about deal, background on AI in Saudi ArabiaBy Stephen Nellis Feb 10 (Reuters) - U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.The Silicon Valley firm, found...Reuters
Mon, Feb 10
Other
Trump's buyout plan remains temporarily blocked pending judge's ruling
BOSTON, Feb 10 (Reuters) - A federal judge on Monday said he would continue to temporarily block President Donald Trump's administration from implementing its federal employee buyout program while he considers whether to block it longer termAfter hearing an hour of arguments, U.S. District Judge...Reuters
Mon, Feb 10
Commodities
Nevada confirms state's first human case of bird flu in a dairy worker
Adds details on human case in paragraph 3 and background in paragraphs 4-5; adds file photos CHICAGO, Feb 10 (Reuters) - Nevada has confirmed its first human case of bird flu in a farm worker who was exposed to infected dairy cattle, the Central Nevada Health District said on Monday, after author...Reuters
Mon, Feb 10
Other
Trump plans presidential pardon for former Illinois Governor Blagojevich, source says
WASHINGTON, Feb 10 (Reuters) - President Donald Trump planned on Monday to issue a pardon for former Illinois Governor Rod Blagojevich, a source familiar with the plan said.Blagojevich, a Democrat, was removed from office in 2009 after prosecutors said he tried to sell or trade the U.S. Senate seat ...Reuters
Mon, Feb 10
Stocks
GLOBAL MARKETS-Dollar edges up, stocks higher as latest tariffs swirl
Trump warns of 25% tariffs on steel and aluminum importsStocks rise despite tariff concerns, led by energy and tech sectorsAnalysts worry tariffs may curtail Fed rate cutsBy Chuck Mikolajczak NEW YORK, Feb 10 (Reuters) - The dollar rose for a third-straight session on Monday after U.S. President ...Reuters
Mon, Feb 10
Cryptocurrencies
Hacker pleads guilty for SEC X account breach that made fake Bitcoin ETF post
An Alabama hacker, Eric Council Jr., has pleaded guilty to hacking the US Securities and Exchange Commission’s X account and making a fake post about the launch of spot Bitcoin ETFs on Jan. 9, 2024. The 25-year-old appeared in Washington federal court on Monday, admitting to identity theft and access device fraud. Judge Amy Berman […]Cryptopolitan
Mon, Feb 10
Commodities
US natgas prices climb 4% to one-week high on rising LNG flows, colder forecasts
Adds latest pricesUS gas storage withdrawals close to record high in JanuaryUS gas production on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavino Feb 10 (Reuters) - U.S. natural gas futures climbed about 4% to a one-week high on Monday o...Reuters
Mon, Feb 10
Other
FTC hires Heritage Foundation policy alum as tech chief
Jake Denton worked on AI policy at HeritageDenton has advocated legislation on artificial intelligenceTrump administration seeks to balance tech accountability, innovationBy Jody Godoy Feb 10 (Reuters) - The U.S. Federal Trade Commission has named a former tech policy researcher from the conserva...Reuters
Mon, Feb 10
Other
Mereo Insurance secures A- rating to go live with Susquehanna and The Andover backing
By Chris MunroFeb 10 - (The Insurer) - Brian Duperreault-helmed start-up Mereo Insurance Ltd has officially launched with equity backing from Susquehanna’s private equity arm and The Andover Companies and a preferred equity investment from Ares Management Alternative Credit funds.The Bermuda-based (...Reuters
Mon, Feb 10
Other
Moody's warns World Bank's triple-A rating threatened if Trump pulls support
Adds World Bank reactionBy Marc JonesLONDON, Feb 10 (Reuters) - The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if U.S. President Donald Trump slashed his country's support for them, credit rating agency Moody's has warned, adding such a move was un...Reuters
Mon, Feb 10
Other
Reversing Biden, FAA reinstates 'Notice to Airmen' pilot message name
WASHINGTON, Feb 10 (Reuters) - The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename pilot messages and reinstating the prior "Notice to Airmen" term.In December 2021, the FAA under President Joe Biden renamed the messages "Notices to Air M...Reuters
Mon, Feb 10
Cryptocurrencies
Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’
Ethereum has been struggling below the $2,800 mark for days, with sentiment around the second-largest cryptocurrency in the world becoming increasingly negative. Persistent selling pressure has left investors and analysts worried about Ethereum’s ability to stage a recovery, with many starting to lo...NewsBTC
Mon, Feb 10
Other
Former Trump advisor Bannon to plead guilty in border wall fraud case, avoid jail, Law360 reports
WASHINGTON, Feb 10 (Reuters) - Former Donald Trump adviser Steve Bannon plans to plead guilty in a deal with New York state prosecutors to resolve fraud charges connected to fundraising for a U.S. southern border wall and allow him to avoid any prison time, legal trade publication Law360 reported.Th...Reuters
Mon, Feb 10
Commodities
CBOT wheat ticks lower as weather threats ease
Feb 10 (Reuters) - Chicago Board of Trade wheat futures fell on Monday on fears of retaliatory tariffs against U.S. grain exports as well as diminishing prospects for freeze damage to U.S. and Black Sea wheat crops. CBOT March soft red winter wheat WH25 settled down 3-1/4 cents at $5.79-1/2 a bushel...Reuters
Mon, Feb 10
Commodities
GRAINS-Chicago soybean, wheat futures falter on tariff fears
Corn ticks up ahead of Tuesday's monthly USDA reportSoy and wheat pressured by tariff concerns, declining weather risksUpdates for market closeBy Heather Schlitz CHICAGO, Feb 10 (Reuters) - Chicago wheat and soybean prices came under pressure on Monday after U.S. President Donald Trump said h...Reuters
Mon, Feb 10
Stocks
Why Shares of American Express Are Falling Today
Shares of the credit card and payments company American Express (NYSE: AXP) had fallen over 2% as of 1:41 p.m. ET today after management tempered investors' expectations about near-term top-line growth at an investor conference this morning.Expectations too high right nowWhere to invest $1,000 right...The Motley Fool
Mon, Feb 10
Other
Two flights carrying U.S. deportees heading to Venezuela, alleged gang members aboard
Adds details from statement, context from paragraph 2 onward Feb 10 (Reuters) - Two planes carrying Venezuelan migrants deported from the United States - the first since a January deal between the administration of U.S. Donald Trump and Venezuelan President Nicolas Maduro - are heading to Venezue...Reuters
Mon, Feb 10
Stocks
Why Uber Stock Was Gaining Again Today
Shares of Uber Technologies (NYSE: UBER) were moving higher for the second day in a row, seemingly in response to billionaire Bill Ackman's announcement that he has invested more than $2 billion into Uber stock. Additionally, investors seemed to shrug off some news about a rival or even saw it as a ...The Motley Fool
Mon, Feb 10
