News

The U.S. government shutdown has caused delays in important economic reports, and the $30 trillion Treasury market is likely headed for big swings. Traders are preparing for different possible moves by the Federal Reserve, and the uncertain quality of the data may make the market even more unpredictable.

Ukrainian President Zelenskyy said in his evening video on October 4 that he’s approved three new sanctions. These target Russian business people, the military manufacturing industry, and the oil sector.

Occidental Petroleum’s stock dropped as much as 7.5% on Thursday, making it one of the biggest losers in the S&P 500.

​When U.S. Secretary of Commerce Howard Lutnick makes comments that sound more like street gang talk—aimed at big regional players like India and Brazil—the pretend sense of a fair global trade system falls apart.

​On September 24th, the U.S. government officially announced that, starting August 1st, they would be adding a 15% tax on cars and auto parts coming in from the European Union. This move puts into action the trade deal made between the U.S. and the EU.

In the soybean fields of the southern U.S., the bright yellow plants roll gently in the breeze. It's harvest time, but you wouldn't see any excitement on the farmers' faces—just worry and a sense of being overwhelmed.