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Commodities

Even Pope Francis is calling on Russia to rejoin the Black Sea grain initiative as wheat prices spike

Mon, 07/31/2023 - 04:42

Tech Insider : Economy

pope francis — Pope Francis holds a Holy Mass on May 16, 2021.
Alessandra Benedetti/Corbis via Getty Images

economy, Commodities, Wheat, Pope Francis, Russia, Black Sea, Vladimir Putin

Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Fri, 07/28/2023 - 05:23

Tech Insider

Cocoa — Cocoa prices hit a 12-year high thanks to extreme weather and a black pod disease.
Dursun Aydemir/Anadolu Agency via Getty Images

Markets, MI Exclusive, Cocoa, cocoa futures, Chocolate, Inflation, orange juice

The 3,300 employees of an oil trading firm each made almost $800,000 last year – way more than Wall Street bank staff

Sun, 07/23/2023 - 12:28

Tech Insider

vitol — Vitol Group is based in Switzerland.
Denis Balibouse/Reuters

finance, Vitol, Oil Trading, Commodities, Oil, Ukraine War

Vladimir Putin's latest economic assault on the West is fueling fears of a global food crisis

Fri, 07/21/2023 - 07:22

Tech Insider : Economy

Vladimir Putin — Russian President Vladimir Putin delivering a speech in Moscow.
Mikhail Metzel/Getty Images

economy, Markets, Russia, Ukraine, Black Sea, Vladimir Putin, Wheat

Bank of America slashes its oil-price outlook 9% for 2023 as debt ceiling crisis increases risk of recession

Tue, 05/09/2023 - 12:47

Tech Insider

oil rig — Jason Kozlowski / EyeEm

Markets, MI Exclusive, Oil, brent oil, wti oil, Commodities, Oil Forecasts

Gold closes in on an all-time high thanks to de-dollarization and banking uncertainty

Tue, 05/09/2023 - 06:48

Tech Insider

gold — Gold prices have rallied in 2023, with investors fretting about turmoil in the US's regional banking sector.
David Gray/Reuters

Markets, MI Exclusive, Commodities, Gold, Investing Analysis, Investing Outlook, Investing Strategy

Dow leaps 546 points as US stocks surge after Apple earnings and hot April jobs report

Fri, 05/05/2023 - 16:04

Tech Insider

traders — (Photo by ANGELA WEISS/AFP via Getty Images)

Markets, MI Exclusive, Stocks, S&P 500, Equities, Dow Jones Industrial Average, Nasdaq Composite

Russian gold is now flooding the UAE, Turkey and Hong Kong after facing sanctions in the West

Wed, 05/03/2023 - 09:48

Tech Insider

putin gold — Vladimir Putin.
REUTERS/Alexsey Druginyn

Markets, MI Exclusive, Putin, Gold, Russia, russia economy, Exports

'Shark Tank' star Kevin O'Leary dismisses de-dollarization talk and says he won't accept the yuan due to distrust of China's government

Fri, 04/28/2023 - 13:48

Tech Insider

kevin oleary pinblock shark tank abc — ABC

Markets, MI Exclusive, Kevin O'Leary, China currency yuan, Dollar dominance, Renminbi, Commodities

Lumber prices fall toward multi-year lows as pending home sales slump and industry searches for supply balance

Thu, 04/27/2023 - 12:47

Tech Insider

lumber store — A man loads pieces of two-by-four wood onto his cart in the lumber section at a home improvement store on August 16, 2022 in Alhambra, California.
FREDERIC J. BROWN/AFP via Getty Images

Markets, MI Exclusive, Lumber, lumber prices, Commodities, finance, Housing

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