(Reuters) – Chocolate makers like Hershey and Mondelez (NASDAQ:MDLZ) face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapped consumers who are cutting back. The industry has enjoyed bumper profits over...
Oil prices fell to a two-week low in Asian trade on Thursday, extending recent losses as markets fretted over an economic slowdown in China, while strength in the dollar also weighed amid continued signs of a hawkish Federal Reserve. A bigger-than-expected draw...
The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel the U.S. central bank is done raising interest rates and whether possible risks to the economy from the aggressive monetary tightening have taken...
The BSE MidCap index stocks witnessed a significant surge and achieved new 52-week highs on August 14, 2023, reflecting robust market performance and investor confidence. Among the notable achievers were 3M India, Aurobindo Pharma, Motilal Oswal Financial Services,...
The Dow closed higher Monday, as weakness in banks was offset by renewed demand for tech amid a surge in Nvidia (NASDAQ:NVDA) ahead of a slew of incoming economic data set to provide further insight on the consumer. The Dow Jones Industrial Average rose 0.1%, or 26...
(Reuters) – The United States is working to build resilient, diversified clean energy supply chains to protect its economic security, while guarding against the risks posed by over-concentration in a handful of countries, U.S. Treasury Secretary Janet Yellen...