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Latest Financial News
USDA Releases October Crop Supply and Demand Estimates for Global Grain Markets
The October WASDE arrives after USDA recorded a 35% increase in U.S. old-crop corn stocks and reported a sharply smaller wheat harvest.
U.S. Consumer Sentiment Falls to 46.3 as Inflation Expectations Rise
Current economic conditions deteriorated sharply in the preliminary October survey, even as expectations for the year ahead edged higher.
Swiss-Ukraine Reconstruction Agreement Takes Effect, Opening Procurement Route for Swiss Firms
Kyiv will specify reconstruction needs, while Swiss public tenders can now reach suppliers even if they have no existing operation in Ukraine.
U.S. Commerce Department Finalizes South Korean Hot-Rolled Steel Subsidy Review
Commerce set final countervailing duty subsidy rates of 1.28% for Hyundai Steel and 3.68% for POSCO, updating duties on reviewed steel and deposits on new shipments.
Treasury Names Judy Shelton Counselor on Currency Policy, With China Focus
The economist will advise Treasury Secretary Scott Bessent as his department examines China’s financial conditions and exchange-rate practices.
U.S. Opens Proposed Gulf Offshore Oil and Gas Lease Sale 4 for Review
The proposal would offer 80.4 million offshore acres under a 12.5% royalty rate, with state and local comments due December 8 ahead of a planned March auction.
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