Michigan's minimum wage hike to $10.33/hr on Jan 1st impacts labor costs. Watch for retail & service sector shifts.
Gold & silver dump 5% after CME hikes margin reqs. Profit-taking ends historic rally; traders eye support levels.
Saudi airstrikes in southern Yemen hit STC-linked targets and for the first time accused weapons of arriving via UAE channels, exposing a widening rift between Riyadh and Abu Dhabi and adding fresh geopolitical risk to Middle East oil markets.
PBoC cut rates just once this year, defying expectations for aggressive easing. With concerns over banks, currency stability and deflation, policymakers are shifting the burden to fiscal stimulus in 2026.
Lean hog futures mixed; CME Lean Hog Index up 13c to $83.84. Pork cutout down $1.75. Slaughter lags.
Corn futures dip 7-8 cents as exports slow; cash price hits $3.99. Record 1B+ bu shipped YTD.
Live cattle futures dip 17-92 cents; feeder cattle gain on strong index. Boxed beef mixed, slaughter down. Coffee prices rise on Brazil rain.
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