Cocoa Prices Hit New Record High As Talks In Ghana Suggest Delayed Deliveries Of Beans Cocoa futures jumped to a record high in New York on Thursday morning as traders confronted new supply problems in Ghana, the world's second-largest cocoa producer. Bloomberg reports that the Ghana Cocoa Board, the regulator, is speaking with major commodity traders about delaying the delivery of 150,000 to 250,000 tons of cocoa until the next growing season due to dwindling bean supplies. The...
Fresh salmon prices hit an all time record in Norway last week, although there are signs the surge could be over. They soared to NOK 123.28 per kilo during week 15, an increase of NOK 3.34 per kilo or 2.2% on the previous week. The official figures from Statistics Norway are generally an average so
Tech Wrecks As FedSpeak F ks FOMO-Followers; Gold Hits New Record High Well, that escalated quickly ..but some saw it coming. In a week characterized by data supporting 'no landing' from a growth perspective and disappointment from a disinflation perspective Source: Bloomberg FedSpeak that was without exception - hawkish! As they suddenly realized that all that 'pivot' optimism did nothing but dramatically ease financial conditions and fuck their 'best laid plans' for a...
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88 million were eradicated. Liquidations Near […]
Machinery Partner used Bureau of Labor Statistics data to identify the soaring import costs that have translated to higher costs for Americans.
Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.
Pent-up demand, an aging population and a lack of funding are being blamed for elective surgery wait times blowing out to the longest on record following the release of a damning report. The latest Public Health Report Card, released on Friday by the Australian Medical Association, shows the median wait time for elective surgeries was […]
BOOM: Luxury real estate prices hit all-time record (Third column, 9th story, link) Related stories:BUST: Mall favorite EXPRESS bankrupt
The FTSE 100 set a new record closing price at the beginning of the week, although it fell narrowly short of its all-time intra-day high set last February.
China's Crude Oil Imports Hit A Record High In 2023 By Tom Kool of OilPrice.com China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude. Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S....
This Magnificent Seven ETF hits a new 52-week high. Are more gains in store
The annual Record Store Day includes exclusive releases, in-store