Latest Soft commodity markets News

Health care, energy companies power US stock market higher

Nov. 16, 2018 5:27 PM EST

Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchmark S&P 500 index ended with its second weekly loss in four weeks. Gains in health care and energy companies powered the market...

Health care, energy companies power US stock market higher

Nov. 16, 2018 3:33 PM EST

A late afternoon wave of buying moved U.S. stocks higher Thursday. Even so, the market was on course to finish with a steep weekly loss. Gains in health care and energy companies powered the market higher. It also got a brief boost earlier after President Donald Trump expressed optimism that the U.S. and China...

Gobble gobble: Low turkey prices cut Thanksgiving meal cost

Nov. 15, 2018 3:00 PM EST

MINNEAPOLIS (AP) — Low food prices have driven the cost of a Thanksgiving feast down to its lowest level since 2010. The American Farm Bureau Federation says the average nationwide cost of a holiday meal for 10 people is $48.90, or less than $5 per person. The farm group's annual survey released Thursday...

Syria says military freed 19 hostages held by IS since July

Nov. 8, 2018 12:42 PM EST

DAMASCUS, Syria (AP) — Syrian troops have liberated 19 women and children hostages held by the Islamic State group since July in a military operation in the country's center, ending a months-long crisis that has stunned Syria's Druze religious minority, state media reported Thursday. An opposition war...

Iran braces for oil sanctions after currency crash, protests

Nov. 2, 2018 3:56 PM EDT

TEHRAN, Iran (AP) — Iran is bracing for the restoration of U.S. sanctions on its vital oil industry next week, as it grapples with an economic crisis that has sparked sporadic protests over rising prices, corruption and unemployment. The Trump administration on Friday announced the reimposition of all U.S....

US sanctions Singapore companies over North Korea dealings

Oct. 25, 2018 9:19 PM EDT

WASHINGTON (AP) — The United States imposed sanctions Thursday on the Singapore-based director of a commodities company accused of laundering money for North Korea through the U.S. financial system. The Department of Justice also unsealed criminal charges against the person, Tan Wee Beng, accusing him of...

UN humanitarian chief says danger of 'big famine' in Yemen

Oct. 23, 2018 6:57 PM EDT

UNITED NATIONS (AP) — The U.N. humanitarian chief warned Tuesday that "there is a clear and present danger of an imminent and great big famine engulfing Yemen." Mark Lowcock told the Security Council that this famine would be "much bigger than anything any professional in this field has seen during their...

Man gets 6 years for putting meth in mother-in-law's coffee

Oct. 5, 2018 12:52 PM EDT

PAMPLIN, Va. (AP) — A Virginia man accused of trying to kill his mother-in-law by putting methamphetamine in her coffee has been sentenced to six years in prison. The News & Advance reports 56-year-old Jack David Price was sentenced Thursday after reaching a plea deal. Prosecutors dropped an attempted...

Clashes erupt in Kashmir after Indian troops kill shepherd

Sep. 27, 2018 7:38 AM EDT

SRINAGAR, India (AP) — Anti-India protests and clashes erupted in several places in disputed Kashmir on Thursday after Indian troops killed a young shepherd who was tending his sheep, officials and residents said, and an Indian soldier and three rebels were killed in two separate gunbattles. Residents in...

Asian markets rally ahead of US Fed rate hike

Sep. 25, 2018 11:37 PM EDT

SINGAPORE (AP) — Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year. KEEPING SCORE: Japan's Nikkei 225 rose less than 0.1 percent to 23,953.98. Hong Kong's Hang Seng index, which reopened after a holiday, jumped 1.5 percent to 27,914.26....