Soybean Prices Rise as China Buys and Market Awaits Data
Soybean futures closed higher Wednesday. The USDA reported a large sale to China. Traders are looking ahead to upcoming data on exports and crushing.
Corn Futures Edge Higher on Strong Ethanol Data and Export Activity
Corn futures rose slightly Wednesday, supported by record ethanol production and South Korean purchases. Prices closed up 1 to 2 1/4 cents.
Cotton Futures Edge Higher as Market Data Shows Mixed Movements
Cotton futures rose slightly on Wednesday, with March contracts up 11 points. The Seam auction recorded sales at 60.08 cents/lb, while crude oil and the US dollar index declined.
ETF Flows Show Divergent Trends as U.S. Equity Sees Outflows
Recent ETF data reveals significant outflows from U.S. equity funds, led by VOO, IVV, and SPY, while inflows were seen in consumer staples, gold, and emerging markets. Total net flows were negative at -$1,207.38 million.
Understanding APR in Personal Loans
APR reflects the total cost of a personal loan, including interest and fees. It varies by credit score, income, and loan terms. Comparing APRs helps borrowers assess true costs.
Former AWS Executives Launch Hyperscale Data Center Platform with Investment Partner
LightHouse Data Centers, led by former AWS executives, partners with Wharton Digital to launch a hyperscale data center platform in North America, aiming to deliver over 2 GW of capacity for AI and cloud demand.
Abilene Motor Express to Merge into Swift Transportation
Abilene Motor Express, acquired by Knight Swift eight years ago, is being integrated into Swift Transportation. The move, effective January 27, involves transitioning drivers and contacting customers, as confirmed by internal communications from company leaders.
Mortgage Rates Drop After Trump Orders $200 Billion Bond Purchase
U.S. mortgage rates fell sharply after President Trump ordered a $200 billion mortgage bond purchase. The Federal Housing Finance Agency confirmed Fannie Mae and Freddie Mac would execute the buys, with an initial $3 billion purchase reported. The average 30-year fixed rate dropped to 5.99% on Jan. 9. JPMorgan Chase analysts expressed skepticism about the plan's market impact.
Borrowers Seek Low-Interest Personal Loans Amid Rising Rates
Borrowers with high credit scores and stable incomes are securing personal loans with APRs below the national average, as lenders offer competitive rates to creditworthy applicants.
Unsecured Loan Options Available for Borrowers
Banks, credit unions, and online lenders offer unsecured loans without collateral, including personal loans, student loans, and credit cards, with varying terms based on creditworthiness.
Financial Experts Weigh Debt Consolidation Options for Consumers
Experts discuss debt consolidation's potential benefits like lower rates and simplified payments, but warn of upfront costs and risks for those with poor credit.
Wealth Management Firm Details Technology Stack and Integration Strategy
A wealth management firm executive describes the company's core technology platforms, including Salesforce, Orion, and RightCapital, and explains the strategy for integrating acquired firms while maintaining operational continuity.
Personal Loans Offer Debt Relief Path Amid High Credit Card Rates
Consumers consider personal loans to consolidate high-interest credit card debt, with average APRs of 12.19% versus 19.64% for cards. Options include balance transfers and debt management plans.
Prosper CEO David Kimball Discusses Personal Loan Considerations
David Kimball, chairman and CEO of Prosper, comments on personal loan advantages and drawbacks, noting they are not a one-size-fits-all solution.
Personal Loan Rates Show Variation Amid Economic Shifts
Recent data reveals average personal loan interest rates at 12.19%, with balances averaging $11,724. The Federal Reserve has cut rates three times in 2025, influencing borrowing costs.