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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 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 Toni Hansen |
July 28, 2012
This coming week, the markets will be watching data on personal spending, consumer confidence, mortgages and auto sales.
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By Noah Buhayar, Bloomberg |
July 19, 2012
Crop insurers may face their first underwriting loss since 2002 as the worst Midwest drought in more than two decades threatens the U.S. harvest, according to Iowa State University’s Bruce Babcock.
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By Joshua Zumbrun and Craig Torres, Bloomberg |
July 17, 2012
Federal Reserve Chairman Ben S. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow” and repeated the Fed is ready to take further action to boost the recovery, while refraining from discussing specific steps.
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By Joshua Zumbrun and Mark Drajem, Bloomberg |
July 16, 2012
A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Dawn Kopecki, Phil Mattingly and Clea Benson, Bloomberg |
June 13, 2012
U.S. senators preparing to hear testimony from JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said they will press him to explain what led to more than $2 billion in trading losses.
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By Elizabeth Campbell, Bloomberg |
June 12, 2012
The U.S. cattle herd has shrunk to the smallest since three years before Ray Kroc opened his first McDonald’s Corp. hamburger stand, reducing supply and raising prices even as domestic demand sinks to a two-decade low.
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By Phil Mattingly and Cheyenne Hopkins, Bloomberg |
June 6, 2012
JPMorgan Chase & Co.’s trading loss of more than $2 billion points to failures in the bank’s risk- management practices, U.S. regulators told lawmakers today.