Two Fed officials say key to fixing US housing more about supply than financing

Two Fed officials say key to fixing US housing more about supply than financing

By Michael S. Derby Jan 9 (Reuters) – Two Federal Reserve officials on Friday expressed some skepticism that a Trump administration plan to lower housing costs by buying billions in mortgage-backed bonds will do much to lift the troubled sector. The policymakers – Atlanta Fed President Raphael Bostic and Richmond ​Fed President Thomas Barkin – … Read more

CATL Launches Middle East’s First New Energy Aftermarket Hub In Riyadh

CATL Launches Middle East’s First New Energy Aftermarket Hub In Riyadh

(RTTNews) – Contemporary Amperex Technology Co., Limited or CATL announced that it has inaugurated the Middle East’s first—and currently the largest—new energy aftermarket facility outside China. The NING SERVICE Experience Center in Riyadh strengthens CATL’s after-sales presence in the region and supports the Middle East’s transition toward cleaner energy systems. The launch comes as Saudi … Read more

Crude Oil Settles Sharply Higher as Iranian Protests Escalate

Crude Oil Settles Sharply Higher as Iranian Protests Escalate

February WTI crude oil (CLG26) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs.  Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the government escalate.  Also, optimism in the US … Read more

Sugar Prices Slip as the Dollar Strengthens

Sugar Prices Slip as the Dollar Strengthens

March NY world sugar #11 (SBH26) today is down -0.05 (-0.33%).  March London ICE white sugar #5 (SWH26) is down -1.20 (-0.28%). Sugar prices are under pressure today from a stronger dollar.  The dollar index (DXY00) climbed to a 4-week high today, weighing on most commodities, including sugar.   Don’t Miss a Day: From crude … Read more

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What to Expect From Emerson Electric’s Q1 2026 Earnings Report

What to Expect From Emerson Electric’s Q1 2026 Earnings Report

Saint Louis, Missouri-based Emerson Electric Co. (EMR) is an industrial company that provides advanced automation solutions. Valued at a market cap of $80.9 billion, the company is expected to announce its fiscal Q1 earnings for 2026 in the near future. Ahead of this event, analysts expect this tech company to report a profit of $1.41 per share, up 2.2% from $1.38 per … Read more

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