A particular area of global agriculture is experiencing pricing pressure, and it's bittersweet. Over the past year, the price of cocoa has more than quadrupled, which has caused a lot of problems for confectioners and other food manufacturers that utilize the ingredient to produce chocolate.

Jun 17, 2024 07:35 PM EDT

High interest rates in the US are putting pressure on the retail industry. A few businesses have seen their shares skyrocket, while many others have seen their value eroded by months of strict monetary policy.

Jun 17, 2024 11:50 AM EDT

Even though the median U.S. CEO's pay package from the previous year was about 200 times more than that of an employee in the middle of their company's pay range, Elon Musk's record-breaking Tesla salary pales in comparison.

Jun 17, 2024 07:57 AM EDT

It's possible that some taxpayers won't realize they owe the IRS money on Monday, which might mean they owe them a sizable sum in April of next year.

Jun 15, 2024 07:44 AM EDT

Numerous pro-trade American industry associations have requested an extension of one month for the Biden administration to provide feedback on their intentions to apply higher tariffs to Chinese imports of solar equipment, electric cars, batteries, and other items. This basically means that the start date of many of the penalties has been postponed until August 1.

Jun 15, 2024 07:02 AM EDT

Bonds have diverged from their traditional role for several years, a trend largely attributed to the Federal Reserve's efforts to combat inflation by raising interest rates to levels not seen in 23 years

Jun 14, 2024 01:50 PM EDT

By 2027, India's economy is expected to overtake both Japan and Germany to become the third biggest in the world. This bodes well for investors as it indicates possible opportunities. I

Jun 14, 2024 10:43 AM EDT

In 2024, the price of gold has been rising rapidly, setting a new record in late May. According to figures from the World Gold Council, gold prices have increased by around 13.5% this year until early June, even if they have dropped slightly below the $2,400 per ounce threshold.

Jun 14, 2024 09:41 AM EDT

According to S&P Global Market Intelligence, home insurance prices increased by 11.3% on average across the US in 2023, with increases of more than 20% observed for owners in Arizona, Texas, and Utah.

Jun 13, 2024 06:43 AM EDT

A White House proposal would remove medical debt from credit reports, which may make it easier for millions of Americans to get employment, rent a house, or get a vehicle loan.

Jun 12, 2024 10:50 AM EDT

People are shocked to learn that gas prices are really falling around the country during this time of year, even though they generally rise during this season.

Jun 13, 2024 02:42 AM EDT

According to industry sources, demand for gold is surging in Asia as investors purchase the metal as a hedge against political and economic volatility, even if prices are nearing their record highs from May.

Jun 12, 2024 10:07 AM EDT