TheBuzz24

Live cattle futures traded at the CME Group settled at $2.51 per pound on Tuesday, the highest price on record going back to the 1960s, according to FactSet data. Each contract is for 40,000 pounds of live cattle, typically about 30 to 35 head of finished, slaughter-ready cattle. The contract has jumped more than 25% […]

A jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over huge concert venues, dealing the business a debt in a lawsuit over claims brought by dozens of U.S. states. A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, […]

The Iran war likely damaged anywhere from $34 billion to $58 billion of energy infrastructure, according to an estimate from Rystad Energy. More than 80 energy facilities have been attacked since the war began, commented Fatih Birol, executive director of the International Energy Agency. More than a third of those are severely damaged, Birol mentioned. […]

Ford’s head of electric vehicles and software is leaving the automaker amid a restructuring of the company’s executives and operations. Ford remarked Doug Field — chief EV, digital and design officer — has “elected to leave the firm after a transition over the next month.” Ford remarked the latest structure will integrate Field’s responsibilities with […]

Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike Mayo noted. […]

The global cruise industry is reporting record demand and renewed consumer enthusiasm. Some ships remain stranded in the Persian Gulf by the impasse at the Strait of Hormuz and fuel price volatility has put energy strategy front and center. Even as the industry navigates choppy seas, cruise companies are looking for their next avenues for […]

Treasury Secretary Scott Bessent tells CNBC’s Sara Eisen at the Invest in America Forum on Tuesday that the Trump administration expects banks to comply with a mandate to collect citizenship data. The administration has been considering an executive order to require banks to request additional documents from customers and earlier this week Bessent indicated the […]

U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. Furthermore, experts in earnings report note the continued relevance. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones Industrial Average rose […]

The president of SantaCon was arrested on a federal criminal indictment in Novel York City that accuses him of wire fraud. Stefan Pildes is accused of using the ticketed Christmas season bar-crawl event to divert hundreds of thousands of dollars earmarked for charity to personal utilize. Pildes “promoted SantaCon as an event grounded in charitable […]