New York (CNN Business)Oranges are in trouble. Citrus disease and bad weather are constraining supply of oranges in the United States and internationally. Meanwhile, demand for orange juice — which has been sliding for years — got a bump during the pandemic. That has sent orange juice prices higher during the pandemic, and they will probably continue to climb: Frozen […]

The “buy the dip” financial news networks teleprompter reader, and the 30-year-old portfolio managers that have never seen a market crash are getting pretty quiet these days. Market veterans and “hey boomer” professionals have seen this show before. Back in 1987, the Dow Jones industrial average plunged a stunning 22% in one day. The equivalent today would be a drop […]

SHANGHAI (Reuters) – Property developer shares rose on Tuesday after a Chinese lender unveiled a plan to issue debt to fund real estate acquisitions – the first bank to do so – while Beijing sought to reassure investors about the broader impact of defaults on bond markets.FILE PHOTO: A man walks past a branch of the Shanghai Pudong Development Bank […]

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York (CNN Business)Do you think inflation is going to moderate over the next year or remain elevated? The answer may depend in part on how you vote.  Democrats and Republicans have wildly different expectations for inflation in […]

JAKARTA (Reuters) – Indonesia’s government is facing criticism from some top scientists and lawmakers that a sweeping restructuring bringing together the country’s leading science and technology institutes could undermine research efforts.Slideshow ( 3 images )The policy will see half a dozen science, technology and research institutes integrated into a National Research and Innovation Agency (BRIN), a move the government hopes […]

MOSCOW (Reuters) – Russia’s deployment of tens of thousands of troops to the north, east and south of Ukraine here is fuelling fears in Kyiv and Western capitals that Moscow is planning a new attack. Russia denies any such plans.FILE PHOTO: A Russian T-72B3 main battle tank drives during military drills at the Kadamovsky range in the Rostov region, Russia […]

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)For companies that want to take advantage of historically-low borrowing costs, the clock is ticking. What’s happening: In the early days […]

All three major U.S. stock indexes traded lower in the noon hour Monday. The Nasdaq was down about 2.3%, the S&P 500 was down 1.7%, and the Dow Jones industrials were off 1.3%. All 11 market sectors traded lower, with consumer cyclicals down 2.7% and tech down 2.4%. Retailers, automakers and home improvement stores appear to be the hardest hit. […]

All good things must come to an end. We are near the end of the long stimulus-induced Federal Reserve money-printing boondoggle. Combined with massive government spending and round after round of $120 billion per month of quantitative easing, the liquidity seemed to never end. Just like in 1999, who cares about valuations anyway? Well, the piper must be paid, and […]

Markets were mixed on Tuesday after Monday saw record highs for the S&P 500. It is yet to be seen if Monday was just a headfake for the Santa Rally. ARK Invest funds followed suit and tracked lower. ARKX performed the best out of the group, with a 0.4% loss on the day, while ARKF did the worst, down 2.4%. […]