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Top News & Analysis Chicago

  • The proposal in its current form is unlikely to be approved by lawmakers as they craft their own tax and spending plans but the document sets out Trump's budget priorities and lays down a marker with Congress. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House...

  • CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery was. 20 cent higher at $4.3440 a bushel; July corn was down. 60 cent at $3.7420 a bushel; July oats was down. 20 cent at $2.4640 a bushel while July soybeans gained. 60 cent to $9.5720 a bushel. June live cattle was. 08 cent higher at $1.24 a pound; May feeder cattle...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid healthcare program for the poor and more than $192...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid program for the poor and more than $192 billion from...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid program for the poor and more than $192 billion from...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid program for the poor and more than $192 billion from...

  • At least six other states are considering similar laws, to ease the burden of student debt that has doubled since 2008 to over $1.3 trillion, according to the Federal Reserve Bank of New York. "There are many schools that are going to be losers in this game," said R.J. Gallo, a portfolio manager at Federated Investors in New York. Gallo, who owns debt issued by well-known...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid program for the poor and more than $192 billion from...

  • *Wheat faces pressure on USDA's winter crop ratings. SINGAPORE, May 23- Chicago corn futures ticked lower on Tuesday as the market took a breather after climbing to a three-week high in the last session on concerns over wet weather delaying U.S. planting. "The USDA's survey of winter wheat crop conditions recorded no deterioration despite poor weather in these...

  • SYDNEY, May 23- U.S. corn extended gains into a third consecutive session on Wednesday after the U.S. Department of Agriculture pegged the pace of planting behind market expectations, pushing prices towards a three-week high. *The most active corn futures on the Chicago Board Of Trade rose 0.1 percent to $3.75-1/ 2 a bushel, having gained 0.7 percent in the previous...

  • *U.S. may challenge top beef exporter Brazil in China. CHICAGO, May 19- Talks on restarting U.S. beef exports to China are moving fast and final details should be in place by early June, the U.S. Department of Agriculture said on Friday, allowing American farmers to vie for business that has been lost by rival Brazil. As part of a trade deal, U.S. ranchers are set to face...

  • *Defense stocks gain on U.S.- Saudi Arabia arms deal. May 22- Wall Street extended gains in early afternoon trading on Monday, boosted by technology shares and as defense companies rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals...

  • CHICAGO— Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for July delivery was 2.60 cents higher at $4.38 a bushel; July corn was up 2.40 cents at $3.75 a bushel; July oats was up 1 cent at $2.4260 a bushel while July soybeans gained 3.20 cents to $9.5620 a bushel. June live cattle was. 15 cent higher at $1.2360 a pound; May feeder...

  • PARIS/ SINGAPORE, May 22- Chicago corn and wheat extended gains on Monday to notch up two-week highs, while soybeans also stayed firm as wet, cool weather in U.S. grain belts raised risks for spring crop planting and winter wheat harvesting. The Chicago Board Of Trade most-active corn contract was up 0.3 percent at $3.73-3/ 4 a bushel by 1156 GMT, after climbing to its...

  • *Corn rises to highest since May 10, soybeans extend gains. SINGAPORE, May 22- Chicago corn futures rose for a second straight session on Monday, climbing to their highest since May 10, while soybeans gained more ground with cold and wet weather expected to delay planting in parts of the U.S. The Chicago Board Of Trade most-active corn contract was up 0.3 percent at...

  • SYDNEY, May 22- U.S. wheat rose nearly 1 percent on Monday as forecasts for heavy rains across a key U.S. growing region pushed the grain to a two-week high. *The most active wheat futures on the Chicago Board Of Trade rose 0.9 percent to $4.39 a bushel by 0105 GM, near the session high of $4.39-1/ 4 a bushel- the highest since May 8. *Oil prices rose on Monday, supported by...

  • CHICAGO/ SAN FRANCISCO, May 19- Wells Fargo& Co is paying a price in the U.S. municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows. California, along with Massachusetts, Chicago, and Ohio, suspended Wells Fargo last fall from pricing their negotiated...

  • NEW YORK, May 19- The U.S. dollar fell on Friday and was set to close its worst week in more than a year, with losses steepening after reports an investigation into possible collusion between Russia and Donald Trump's presidential campaign now include a person close to the President. A senior White House adviser is a significant person of interest in the...

  • The size of the deal eclipsed the total of privately negotiated U.S. wheat shipments to Egypt for all of the 2016/ 17 crop year. Egypt bought 115,000 tonnes of U.S. wheat for the 2017/ 18 crop year at prices ranging from $207.25 to $207.90 a tonne, including freight, in the most recent deal. Total wheat shipments to Egypt are expected to grow to 12 million tonnes in the...

  • *Washington Post: WH official of interest in Russia probe. A senior White House adviser is a significant person of interest in the law enforcement investigation of possible Russian ties, the Washington Post reported on Friday, citing people familiar with the matter. Separately the New York Times reported that Trump told Russian officials at the White House...