By Karen Brettell and Alun JohnThe dollar gained on Tuesday, pushing the yen to its lowest levels since 1986 and raising expectations that Tokyo may be close to direct intervention.The U.S. dollar climbed to as high as 162.66 yen and was last up 0.4% at 162.59. Japanese Finance Minister Satsuki Kat…
By Amanda StephensonFrom flooding to extreme heat, Canadians on both sides of the country are grappling with wild weather ahead of Wednesday's Canada Day holiday.In Toronto and other parts of Eastern Canada, dangerously hot conditions on Tuesday prompted Environment Canada to issue a heat warning a…
Brazil will scrap part of its diesel subsidy from July, Finance Minister Dario Durigan said on Tuesday, cutting a support worth 0.35 reais ($0.068) per liter, while keeping other diesel and gasoline subsidies in place as oil prices ease.Speaking at a press conference, Durigan said Brent crude remai…
NASA administrator Jared Isaacman on Tuesday said three companies — Astrobotic, Firefly Aerospace NASDAQ:FLY and Intuitive Machines NASDAQ:LUNR — were awarded contracts to send more uncrewed lunar landers to the moon's surface under the agency's Artemis moonbase project.The contracts for Firefly an…
By David MorganA group of hardline Republicans paralyzed the U.S. House of Representatives for a second week on Tuesday by blocking action on a major defense bill in an effort to force Senate passage of a voter ID measure pushed by President Donald Trump.A procedural vote needed to open debate on t…
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Anthropic on Tuesday launched Claude Science, an AI research workbench, designed to help scientists streamline research, analyze data and manage complex computing workflows.The workbench offers scientists a user interface specifically designed for conducting research.The launch is part of Anthropic…
Chicago Board of Trade corn futures rallied from contract lows on Tuesday after the U.S. Department of Agriculture said in a quarterly report that grain stocks were tighter than many traders had expected.
By Chuck MikolajczakU.S. Treasury yields advanced on Tuesday, although the benchmark 10-year note was poised to snap a three-month streak of gains after a reading on the labor market and as investors eyed developments in possible peace talks between the U.S. and Iran.Top U.S. envoys who have arrive…
By Scott DiSavinoU.S. natural gas futures climbed about 3% on Tuesday on rising flows to liquefied natural gas (LNG) export plants and forecasts for record power demand in some parts of the country as homes and businesses crank up air conditioners to escape a brutal heat wave.Front-month gas future…
Senegal's finance minister Cheikh Diba said on Tuesday the West African country had revised its 2026 growth forecast upward to 3.2% from 2.5%.($1 = 571.7500 CFA francs)
Airbnb NASDAQ:ABNB must face a lawsuit by the city of Los Angeles, which accused the home rental company of allowing price gouging affecting more than 2,600 properties during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday.
By Raphael SatterThe U.S. Federal Communications Commission says it will soon vote on an order that sets up a 2027 auction of mid-band wireless spectrum that is a focus point for 5G use.In a statement released Tuesday, the FCC said it would vote on July 22 to hold an auction of 160 megahertz of spe…
London cocoa futures on ICE closed down on Tuesday, but still posted their biggest monthly gain since November 2024, supported by concerns of a sharp decline in cocoa production in top grower Ivory Coast in the upcoming 2026/27 season.COCOA* London cocoa ICEEUR:C2! settled down £96, or 2.5%, to £…
By Nelson BocanegraColombia's central bank raised its benchmark interest rate on Tuesday to 12%, again upping rates in a cycle kicked off in January in a bid to curb inflationary pressures amid a spat with the government over rate hikes.The 75-basis-point increase was backed by a majority of the se…
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Spot basis bids for corn and soybeans in the U.S. Midwest were mixed in the U.S. Midwest on Tuesday as grain handlers were rolling their basis bids forward ahead of the expiration of the Chicago Board of Trade July contracts.Basis values are quoted against CBOT futures in cents/bu:NOTE: 0 = Option…
