Orange Juice Prices Are Squirting Higher


Orange juice prices reached a two-year high over fears of smaller harvests in Brazil and Florida, the two largest sources of oranges worldwide. Droughts in both regions have been driving up prices. Orange juice contracts for May delivery on the ICE (Intercontinental Exchange) futures market ended the trading day up about 1% on Wednesday...
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How High Frequency Trading Impacts Investors


As technology infiltrates equities markets, some investors are proving to be more adept than others at using this technology to their financial advantage. This technology largely surrounds high frequency trading, where complex algorithmic equations are used to analyze market data and make large stock trades. The algorithms find arbitrage opportunities that are sometimes only...
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GM Faces Further Scrutiny Surrounding Safety Recalls


General Motors (GM) remains in crisis mode as the number of recalls the company has issued continues to swell. Since early February, GM has recalled almost 7 million vehicles, largely surrounding ignition switch, steering and side airbag safety concerns. The latest recall includes 1.3 million vehicles over power steering issues. The defects have been...
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What You Should Check On Your Mortgage Statement


Buying a home with a mortgage comes with plenty of strings attached, aside from just interest and principal. While you’ll have a general sense as to what your monthly mortgage payment will be, this complacency likely prevents you from reading over the specifics of your mortgage statement. By simply writing a check each month...
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Fannie Mae And Freddie Mac Face Uncertain Future


While mortgage guarantors Fannie Mae and Freddie Mac have turned profitable in recent months after its epic $187.5 billion taxpayer bailout in 2008, the future of these entities remains nebulous. As home prices have recovered over the past five years, Fannie and Freddie are expected to send $202.9 billion in dividends to the U.S....
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China’s Yuan Aims To Befriend Global Markets


On the heels of a softening economy, China took action to loosen control of its yuan currency, giving markets a greater say in the currency’s valuation. The Chinese central bank, the People’s Bank of China (PBOC), expanded the yuan’s trading band to 2%, effective Monday, compared to 1%, which was the level for roughly...
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Is Cold Weather To Blame For Housing Woes?


Many areas throughout the country have been slammed with debilitating snow and freezing temperatures since the beginning of the year. Aside from flight delays, agitated commuters and strain on city sanitation budgets, the weather put a damper on the housing market. In January, housing starts fell 16% to a seasonally adjusted annual rate of...
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Coffee Prices To Rise Amid Drought In Brazil


Prices for coffee beans have been on the rise, which could cause prices to increase at a store near you. On February 20, arabica prices for futures contracts due in May reached $1.6945 per pound, after settling at $1.5485 just two days prior. While these prices are far from 2011′s peak near $3 per...
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Puerto Rico To Issue More Debt Amid Credit Downgrades


The severity of the Puerto Rican debt crisis has come to the surface over the past several weeks, with credit rating downgrades to junk status from S&P, Moody’s and Fitch. Despite the blow to Puerto Rico’s financial credibility, the country is now looking to raise upwards of $3 billion in debt during March. Yields...
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How To Align Your Portfolio For The Fed’s Taper


Earlier this year, the Federal Reserve began scaling back its bond stimulus by $10 billion per month, on the heels of improving economic conditions. In her first Congressional testimony as the newly minted Federal Reserve Chairwoman, Janet Yellen announced that the Federal Reserve would continue tapering the bond stimulus, so long as the economic...
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