Retail sales fall despite World Cup and hot weather boosting alcohol and drinks trade – business live
French business activity contracted more than forecast in August, new data shows, in the first of several flash economic surveys this morning.
Markets
'A delicate dance': JD Vance says economic pressure is the best way to achieve Washington's objectives in Iran
Economic pressure is the United States' "most effective tool" against Iran, according to U.S. Vice President JD Vance.
Stocks Settle Lower as Rising Crude Prices Spur Inflation Fears
The S&P 500 Index ($SPX) (SPY) closed down by -0.87% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.72%. E-mini S&P futures (E…
'Perfect storm' brews for global food supply this winter as grain prices soar
Russia and Ukraine continue to attack one another's port infrastructure, blocking shipments from the "breadbasket of Europe" and driving up wheat prices, and adding to a grim cocktail of factors afflicting global food s…
Dollar Recovers Early Losses on US Economic Strength
The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the…
U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says
The U.S. government's efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan.
CFTC’s Innovation Advisory Committee meeting addresses emerging prediction market risks
The Commodity Futures Trading Commission's first Innovation Advisory Committee meeting convened on Thursday to discuss the latest in prediction markets regulation, including growing concerns on "mention markets" found o…
Japan headline inflation rate hits highest this year as energy prices bite
Japan's headline inflation rate hit 1.9% in July, the highest level this year, as energy costs increase amid the Iran war.
Hogs Fall Back Weaker on Thursday
Lean hog futures saw losses of 25 cents to $1.27 in the front months on Thursday, with the deferreds mixed. USDA’s national base hog price was reported at $92.34 in the Thursday PM report, up 24 cents from the day prior…
Wheat Sees Mixed Trade on Thursday
The wheat complex posted mixed action across the three exchanges on Thursday. Chicago SRW contracts were fractionally to 2 ½ cents higher on the day. KC HRW futures closed the day with fractionally mixed trade in the ne…
Cattle Firms Up on Thursday
Live cattle futures posted gains of 77 cent to $1.125 at the close, with August 7 cents lower. Cash trade has picked up a few at $355-360 dressed and $226. The Thursday morning Fed Cattle Exchange online auction showed …
Cotton Sticks Near Unchanged on Thursday
Cotton futures posted marginally mixed trade on Thursday, with contracts down 10 points to 44 points higher. Crude oil was up $2.32 with the US dollar index $0.054 higher.
Corn Holds Higher on Thursday as December Breaches $5
Corn futures closed the Thursday session holding onto most of the intraday gains, up 1 to 5 ¾ cents across the front months. The CmdtyView national average Cash Corn price was up 5 ½ cents at $4.50.
Arabica Coffee Settles Higher on Supply Concerns
September arabica coffee (KCU26) closed up +4.10 (+1.14%) on Thursday, and September ICE robusta coffee (RMU26) closed down -16 (-0.43%).
Japan's historic yen intervention has ‘turbo-charged’ the carry trade
Japan's historic effort to prop up the yen may have had an unintended consequence: giving some investors a better opportunity to double down on carry trade.
Bill Ackman Loves This Dividend Stock, But You Should Give It a Pass
Billionaire investor Bill Ackman recently made headlines after Pershing Square Holdings' (PSHZF) second-quarter 2026 13F filing revealed that the fund bought a stake in Netflix (NFLX). This marks the second time Ackman …
AT&T stands to gain as Verizon loses a customer related battle
Both AT&T and Verizon sold their customers' real-time location data to aggregators who resold it to almost anyone willing to pay. Both got fined. Both fought back. One of them just ran out of road.
Hyundai considering U.S. production increase at new Georgia plant, CEO tells CNBC
SAN FRANCISCO — Hyundai Motor is considering plans to further expand its U.S. production at a new multibillion-dollar vehicle assembly plant in Georgia, CEO José Muñoz told CNBC on Thursday.
Warsh faces Fed independence test as Bessent moves in on central bank's turf
If Treasury Secretary Scott Bessent truly wants to bring the full force of the federal government to bear on what he sees as a misbehaving bond market, he can't go it alone. A sustained effort to bring down Treasury yie…
Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try
Treasury Secretary Scott Bessent insisted Thursday that he has multiple weapons at his disposal to quell liquidity problems in the government debt market and restore calm.
We’re in our 50s and have $1.5 million in traditional 401(k)s. Is it too early to start Roth conversions?
We’re in our 50s and have $1.5 million in traditional 401(k)s. Is it too early to start Roth conversions? “The last adviser we worked with lost a significant portion of our portfolio.” Read at source
The Pre-IPO Playbook: How to Cash in on Anthropic Before the Bell
Anthropic surpassed a $65 billion annualized revenue run rate in July and confidentially filed a draft S-1 in June, signaling a major upcoming IPO.
Sports betting to build wealth is becoming the new American dream
More people under 30 are using gambling as a shortcut to buying a home or paying student loans
The bond market is going to burst the stock-market bubble
The bond market is going to burst the stock-market bubble Rising yields threaten everything, especially overextended equities. Read at source