Post Holdings calls off acquisition as regulators warn it could lead to higher prices
Post Holdings Inc., the Brentwood-based consumer packaged goods company, said Monday it has terminated an agreement to buy the ready-to-eat (RTE) cereal business of TreeHouse Foods Inc., following a complaint filed last month by the Federal Trade Com.....»»
Post-Halving Bitcoin Prices Show Surprising Lack Of Volatility
The past week saw the prices of bitcoin falter post-halving after a dramatic rally in the lead up to the actual event. There were also... The post Post-Halving .....»»
The Fears Of Secondary Outbreaks Lead To A Reversal
The major indices are mixed with a slight bearish bias at midday following another busy overnight session. The main U.S. Index futures shot higher in... The post The Fea.....»»
Higher prices, fewer options for meat lovers as coronavirus closes more Illinois meatpacking plants
Where’s the beef? Still on the farm. A bottleneck at slaughterhouses where workers fell ill with COVID-19 is sending ripples across the supply chain and could lead to higher pric.....»»
Three Illinois meat plants closed in the past week as COVID-19 cases mount. It could mean higher meat prices, fewer choices at supermarkets and for farmers, ‘some tough choices.’
Where’s the beef? Still on the farm. A bottleneck at slaughterhouses where workers fell ill with COVID-19 is sending ripples across the supply chain and could lead to higher pric.....»»
Higher meat prices, fewer choices at supermarkets as slaughterhouses close over COVID-19 cases. For farmers, ‘some tough choices’ ahead.
Where’s the beef? Still on the farm. A bottleneck at slaughterhouses where workers fell ill with COVID-19 is sending ripples across the supply chain and could lead to higher pric.....»»
Metals Stocks: Gold prices post a second day of gains
Gold futures finish higher Thursday, with tightening supplies for the commodity, worries about the economic impact of the COVID-19 pandemic, and rising tensions in the Middle East lifting bullion prices for a second session......»»
The End of the Beginning of the Oil Price War
An agreement among the Saudis, the Russians, and the Americans over the weekend will lead to lower crude production beginning next month and, producers hope, higher prices......»»
Oil Extends Record Surge After OPEC+ Said To Discuss 10MM Bpd Cut
Oil Extends Record Surge After OPEC+ Said To Discuss 10MM Bpd Cut Update (0800ET): Minutes after this post, headlines screamed across Bloomberg, sending prices even higher, proclaiming "Russian Producers Ready for Oil Cuts in Bid .....»»
Here"s how one expert says the Fed"s emergency rate cut could create a toxic situation where higher prices conflict with coronavirus-stricken growth
cleveland.com The Federal Reserve's emergency rate cut coupled with the impact of coronavirus on the US economy could lead to stagflation, Nancy Davis of Quadratic Capital Management tol.....»»
Gold is overbought, and bears are starting to appear
Gold prices have been rocketing higher and higher this week and are now approaching $1,650 an ounce. However, the rapid rise has resulted in the... The post .....»»
Oil prices post a modest gain as traders weigh coronavirus, OPEC
Oil prices ended modestly higher on Thursday as traders weighed the latest developments tied to coronavirus as well as prospects for potential production cuts by the Organization of the Petroleum Exporting Countries and its allies. U.S. .....»»
Watch out AT&T and Verizon: Federal judge expected to clear T-Mobile Sprint merger, reports say
T-Mobile can combine forces with Sprint to take on AT&T and Verizon despite concerns the merger will lead to higher prices, judge i.....»»
Why Platinum Could Be The Best Precious Metal Buy Today
In the last century or so of time running, platinum bullion prices were almost always higher than gold prices. That fact even remained true while... The post Why Platinum Could Be The Best Precious Metal Buy Today appeared first on ValueWalk......»»
Bill Gates calls for higher taxes on the wealthy in New Year"s Eve blog post
"We've updated our tax system before to keep up with changing times, and we need to do it again, starting with raising taxes on people like me.".....»»
Consumer goods and tech stocks leading the way higher
Commenting on today’s trading in which tech stocks lead the S&P 500 (.INX) Gorilla Trades strategist Ken Berman said: Even though stocks sold-off in the... The post Consumer goods and tech stocks leading the way higher appeared first on ValueWalk......»»
South Korean restaurant owners voice concerns over $4 billion Delivery Hero deal
South Korean restaurant owners expressed concern on Monday over food delivery giant Delivery Hero's proposed $4 billion acquisition of its local rival, saying the move could undermine competition and lead to higher fees......»»
"The rich should pay more" — Bill Gates calls for higher taxes on the wealthy in New Year"s Eve blog post
Gus Ruelas/Reuters Bill Gates, the world's second richest person under Amazon founder Jeff B.....»»
U.S. oil prices mark 3rd gain in a row as data show sharp inventory drop
Crude-oil prices ended sharply higher Thursday in thin post-Christmas trading, as a weekly inventory report indicated a bigger-than-expected decline in stockpiles for oil. American Petroleum Institute reported late Tuesday t.....»»
FTC Challenges Post"s $110M Acquisition Of TreeHouse"s Cereal Business
The Federal Trade Commission said last week in a statement it filed an administrative complaint that puts Post Holdings Inc's (NYSE: POST) proposed $110-million 0 read more.....»»
Knutson: Regulators warn banks, credit unions if fintechs mess up "we"re dropping the hammer on you"
As fintech companies continue developing new consumer lending platforms that utilize different techniques to determine credit quality, regulators post an ominous warning for their bank partners......»»