ATU Images | The Image Bank | Getty ImagesSugar is getting a lot less sweet for buyers. Sugar prices surged 21.5% in August, marking its strongest monthly gain since October 2010, when it rose 24%. The United Nation's Food and Agriculture Organization Food Price Index also rose in August amid...
Category: Finance
Jackson Hole analyst roundup: Warsh’s speech sends hike chances higher, may put Fed `at odds’ with Treasury
Tiff Macklem, governor of the Bank of Canada, left, Kevin Warsh, chairman of the US Federal Reserve, center, and Andrew Bailey, governor of the Bank of England at the Jackson Hole Economic Symposium in Moran, Wyoming, on Aug. 28, 2026.David A. Grogan | CNBCFederal Reserve Chair Kevin Warsh's stance in...
Corn and wheat prices jump to highest prices in more than three years
A view of a grain field during the early harvest season in the Rostov region, southern Russia, on July 14, 2026.Anadolu | Anadolu | Getty ImagesCorn and wheat prices have surged to their highest levels in more than three years. But the forces driving recent rallies for these two crops...
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Zhipu or Z.ai logo is pictured on a smartphone on Aug. 14, 2026.Cfoto | Future Publishing | Getty ImagesBEIJING — Chinese artificial intelligence company Z.ai released a new model Wednesday that the company claims uses entirely homegrown semiconductors to operate.Called GLM-5.3-Flash, the low-cost version of Z.ai's flagship model ranks...
Prediction market traders doubtful Bessent’s bond interventions will push yields lower
Treasury Secretary Scott Bessent during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building in Washington, April 22, 2026.Chip Somodevilla | Getty ImagesTreasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools at his department's...