One of the most persistent bottlenecks in the sugar industry supply chain is the Brazilian port infrastructure, which routinely forces more than 100 vessels to queue off of the coast of South America, waiting to load sugar. Much of Brazil's sugar is loaded in bags, rather than in bulk, and damp or rainy weather can… Read more.
Anyone who counts on a cup of hot brewed coffee, an espresso or an icy Starbucks concoction to get them through the first dark hours of the day will be likely be paying a bit more for their caffeine fix. Arabica coffee futures just jumped to a 13-year high, and robusta beans weren't far behind.… Read more.
Stock index futures fell as traders processed news that American personal incomes failed to meet estimates in the last month, as consumers struggle with the weight of their debts and the threat of unemployment. For the first time since January, the government reported, disposable personal income fell after being adjusted for inflation. Dow Jones Industrial… Read more.
Investors looked for potential sources of optimism on Friday morning, but they failed to find much. If there was a bright spot, it was in U.S. auto sales, which rose 1.6 percent, boosting total retail sales by 0.4 percent. That could be good news for GM, which is planning an initial public offering that will… Read more.
Positive signals from a growing European economy and solid earnings from consumer and industrial firms like EBay and Caterpillar helped buoy U.S. stock futures on Thursday. In the Southern Hemipshere, futures on Brazil’s Bovespa stock index also rose, as the central bank may stop raising interest rates in South America’s largest country. Henrique Meirelles, the… Read more.