S&P 500 up 2% as yields tumble after CPI surprise: markets wrap
Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and the…
Producers and users of single-use medical non-wovens face battles in overcoming the challenges of recycling
Single-use medical nonwovens are widely used in healthcare settings because they offer several benefits compared with reusable medical textiles. In particular, as single-use items, they…
Russia’s bumper wheat exports slow as lower demand weighs
Russia’s wheat exports are slowing from their record pace as traders see lower demand from key importers....
Zimbabwe platinum miners ask government to defer export tax
Zimbabwe platinum miners have asked the government to defer its planned 5% export tax on concentrates, pending the completion of smelters and the refurbishment of…
Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ week kicks-off in San Francisco
During AELW, President Joseph R. Biden will welcome APEC economic leaders to highlight the strength and resilience of the U.S. economy, our longstanding economic ties…
The October 2023 CNBC/NRF retail monitor sales data is now available
The CNBC/NRF Retail Monitor leverages Affinity Solutions’ data from more than 140 million credit and debit cards, with nearly nine billion transactions totaling more than…
Salvador Container Terminal reports a 304% rise in fruit exports
With three berths, vessels arriving at Wilson Sons’ container terminal berth in a quick and efficient manner: 26 container handling operations are completed per crane/hour…
Home Depot may have illegal African wood in its doors, EIA says
More than a million doors made with illegally sourced Central African wood may have ended up on US retail shelves at companies including Home Depot…
Weaker lumber markets have resulted in lower sawlog prices worldwide
The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 q-o-q. Year-over-year, this fall represented almost a 10% decline compared to the 2Q/22 when…
Oil shocks and silicon shortages—the high cost of geopolitics
Geopolitics is back. War in the Middle East is the latest in a series of shocks that demonstrate the power of politics to shape economic…
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