ATU Images | The Image Bank | Getty Images Sugar is getting a lot less sweet for buyers. Sugar prices surged 21.5% in August, marking its strongest monthly gain since October 2010, when it rose 24%. The United Nation’s Food and Agriculture Organization Food Price Index also rose in August amid broad-based increases, led by…
Signage is seen outside of the Commodity Futures Trading Commission headquarters in Washington, Aug. 30, 2020. Andrew Kelly | Reuters The White House has vetted candidates for the four open commissioner positions at the Commodity Futures Trading Commission, three people with knowledge of the matter told CNBC. When — or if — the White House…
Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets. The token is also up 4.6% week to date and hit a high of $82,272.31 overnight. That marks its highest level since May 11, when bitcoin peaked at $82,499.99. It last traded at…
Living in Northern California, I’ve seen the new Tesla Cybercabs driving around, particularly when I’ve been in Palo Alto (Tesla’s NorCal HQ). The futuristic cars apparently have no steering wheel and no pedals – something I didn’t personally notice as I watched them driving around — but by now we’re starting to get used to…
Traders work in the S&P options pit at the Cboe Global Markets exchange in Chicago, Illinois, US, on Thursday, Nov. 13, 2025. Christopher Dilts | Bloomberg | Getty Images So much for the September seasonal doldrums. Options traders are kicking off the historically worst month for stocks by piling on bullish bets on a handful…
Insurance broker Aon announced on Monday it will purchase rival USI Insurance Services from private equity firm KKR. The $17 billion deal, which will be funded by Aon with new debt, is anticipated to close in the fourth quarter, subject to regulatory approvals. CEO Greg Case in an appearance on CNBC’s “Squawk Box” Monday said…
A view of a grain field during the early harvest season in the Rostov region, southern Russia, on July 14, 2026. Anadolu | Anadolu | Getty Images Corn and wheat prices have surged to their highest levels in more than three years. But the forces driving recent rallies for these two crops are notably different….
A Kalshi advertisement seen in Washington on March 27, 2026. Paul Lester | CNBC The 9th U.S. Circuit Court of Appeals rejected prediction market platforms’ requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…
After an explosive debut and equally impressive crash, SpaceX shares are now, well, hovering in midair. After debuting as the most volatile stock among its large-cap peers, Elon Musk‘s astronomic equity hasn’t moved in three weeks, with shares trading in a $10 range around the $140 level. Implied volatility, a rough measure of the costs…
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent is seeking to cap rising yields using a variety of tools…
