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BoE's Bailey sees no rush to act on interest rates

Bank of England Governor Andrew Bailey said on Tuesday that the central bank remained in no rush to respond to increased oil prices and that inflation was on course to return to its 2% target, albeit later than he would have liked.Bailey said past increases in oil prices meant British inflation loo…

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Economy
NEWS reuters

Colorado Democrats brace for progressive wave after upsets in New York and Maine

By Nolan D. McCaskillAfter big upsets in Democratic primaries this year in Maine and New York, incumbent Democrats in Colorado are feeling the heat.Two Colorado incumbents are facing the same kind of progressive, anti-establishment sentiment that swept out two of their colleagues in New York and pr…

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StocksUS

Corn, soy bids steady-higher; farmers reluctant sellers

Spot basis bids for corn and soybeans were flat to stronger in the U.S. Midwest on Tuesday as weakening futures and weather concerns discouraged farmers from selling.Basis values are quoted against CBOT futures in cts/bu:NOTE: 0 = Option price, UNC = Unchanged, UNQ = UnquotedNC = Not comparable, DP…

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Futures