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By Nicholas Larkin and Whitney McFerron, Bloomberg |
August 31, 2012
Corn and soybean traders extended their longest bullish outlook in at least 11 months on speculation rain in the U.S. will come too late to revive crops after the worst drought in a half century.
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By Steve Matthews and Sara Eisen, Bloomberg |
August 31, 2012
Federal Reserve Bank of St. Louis President James Bullard said policy makers should wait for more data before deciding on “big action” to boost the economy.
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By Brian K. Sullivan and Mark Drajem, Bloomberg |
August 29, 2012
As Tropical Storm Isaac moves up the Mississippi River Valley with drenching rain, it will probably miss the drought-parched areas of the Midwest that need water most while ruining crops in other areas waiting for harvest.
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By Steve Matthews, Bloomberg |
August 23, 2012
Federal Reserve Bank of St. Louis President James Bullard said recent signs of improvement in the economy would prompt him to oppose any new program by the Fed to buy bonds to reduce borrowing costs.
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By Phil Flynn |
August 22, 2012
The commodity markets are bullish again and let me count the ways. Many of the old time commodity markets are breaking out and for a host of different reasons
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Phil Flynn |
August 21, 2012
As if we did not have enough reasons for oil to rally, another has just developed and we'll call it Tropical Depression Number 9.
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By Jeff Wilson, Bloomberg |
August 20, 2012
U.S. corn farmers hurt by the worst drought in a generation probably will harvest smaller crops than the government forecast this month, based an analysis of dry spells in the past 42 years.
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By Phil Flynn |
August 6, 2012
It was a weekend of horror for drivers in the Midwest if they dared to pull up to the gas pump. A series of events conspired to create a historic gas price spike and ultimately a gas shock pop.
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By Shobhana Chandra, Bloomberg |
August 3, 2012
Payrolls in the U.S. climbed more than forecast in July, boosted by a pickup in employment at automakers, even as the jobless rate unexpectedly rose to a five-month high.