May 30, 2024 | Markets
Economy expanded at 1.3% pace versus initial estimate of 1.6% Consumer spending was lower on outlays for goods like autos The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods. Gross...
May 29, 2024 | Markets
Local soybean meal prices are hovering around three-year lows Heavy rains in South America could underpin soybean imports China is sending record quantities of soybean meal abroad, as a shrinking number of pigs and weak demand for pork force processors to export their...
May 29, 2024 | Markets
Strategy is buying Treasury bills to take advantage of yields US government borrowing also likely to pressure bonds: Miller A top-performing quant fund is shorting five- to 10-year US Treasuries on expectations that interest rates will stay on hold this year as prices...
May 28, 2024 | Markets
Seven of 12 economists see up to 0.3 ppt growth lift this year Analysts expect cut to reserve requirement ratio by end-June China’s most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according...
May 28, 2024 | Markets
Insmed Inc. shares more than doubled after the company’s experimental drug reduced episodes of worsening symptoms in a final-stage study of patients with a rare lung condition. Patients with bronchiectasis who received Insmed’s brensocatib had fewer exacerbations than...
