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Key Bridge Nightmare: Contractor Dropped After Costs Spiral Left-wing Gov. Wes Moore's claim that the Francis Scott Key Bridge rebuild is the "fastest-moving large infrastructure project in the United States" just hit a major roadblock. Fox Baltimore's Gary Collins reports that Maryland officials canceled Kiewit Infrastructure Co.'s contract for Phase 2 of the bridge rebuild, the construction phase, after the contractor's proposal reportedly far exceeded state estimates. BREAKING NEWS: The contract for Phase 2 for the Francis Scott Key Bridge rebuild has been officially cancelled. The contract is expected to go up...

Services Sector Survey Surge Sparks US Growth Rebound Hopes In August After a relatively ugly series of disappointing macro data - and a hectic week of interventions - preliminary August data from S&P Global's PMI survey was expected to signal a slowdown in growth for the US economy (but still growth). But, the respondents had other things on their mind as while Manufacturing slipped, the Services sector of the economy soared Flash US Services PMI Business Activity Index: 56.8 (July: 54.6). 20-month high. Flash US Manufacturing PMI: 53.2 (July: 53.9). 5-month low.  “US business...

Wheat Spread Blows Out As Drought Chaos Plagues America's Breadbasket Hard red winter wheat (HRW) futures widened to their largest premium over soft red wheat (SRW) in more than two years as severe drought intensified across key breadbasket regions in the Great Plains and Midwest. This means traders are pricing in weather impacts and tightening expectations for higher-protein wheat supplies. It is important to note that HRW is a more valuable protein and is primarily used in bread, rolls, and all-purpose flour. It is grown in the U.S. Plains (Kansas, Oklahoma,...