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Argentina Cuts Crop Taxes to Bolster Farmers Hit by Drought and Low Prices

Argentina cuts taxes on major crop exports, providing relief for farmers facing drought and low global prices amidst IMF negotiations and upcoming harvest.

Trump's Tariffs May Hurt US Automakers and Consumers

Trump's Proposed Tariffs on Canada Would Hurt US Automakers and Consumers, Report Warns

World's Biggest Investors Shun Crypto Despite Bitcoin Surge, Trump Presidency

Despite Bitcoin's surge and Trump's support, major investors like Guggenheim Partners, Norway's sovereign wealth fund, Nuveen, and TCW Group remain cautious about crypto investments.

Mortgage Rates Drop Below 7% for First Time in Six Weeks

Mortgage rates have declined below 7% for the first time in six weeks, bringing some relief to potential homebuyers. However, rates remain near multi-year highs, and tariffs could still lead to increases. Experts see rates staying elevated throughout the year.

US Stocks Mixed As Investors Await Trump Speech At Davos

US stocks fluctuated, with the S&P 500 trading near record highs. Investors watched for comments from President Trump at Davos on trade policy and interest rates. The Dow Jones Industrial Average was up, while the Nasdaq Composite declined. Tech stocks struggled, with Nvidia shares falling after its supplier expressed uncertainty about chip demand.

Trump asks OPEC to lower oil prices, citing benefits for Ukraine war and US economy

Former US President Donald Trump urges Saudi Arabia and OPEC nations to increase oil production to reduce costs, alleviate pressure on Russia, and aid in ending the Ukraine war.

Philippines Raises $3.25 Billion in Two-Part Dollar Bond and Euro Tranche

The Philippines sells $2.25 billion in dollar bonds and a €1 billion euro tranche. The 25-year and 7-year notes are sustainable debt. This is the Philippine government’s first trip to the international market this year.

Corn, Soybeans, Wheat Jump to 13-Month Highs on Weather Concerns

Chicago corn futures reached a 13-month peak amid concerns over Argentine drought and tight U.S. supplies, lifting soybeans to six-month highs and wheat higher too.

Mexican peso and stocks rise after Trump speech

The Mexican peso and IPC index rose after Donald Trump's speech at Davos where he refrained from outlining specific tariffs plans.

Why Knight-Swift Transportation (KNX) Stock Is Soaring Today

Knight-Swift Transportation (KNX) stock is up 4.11% pre-market after reporting better-than-expected earnings, but lower revenue. Despite missing on EBITDA, strong earnings guidance is driving the stock higher.