Video Game Market Tanks As Studio, Console Stocks Sink ; Can GTA VI Revive Industry?

U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket Chicago wheat futures surged on Tuesday, hitting two-year highs after the USDA's latest WASDE report signaled a much tighter U.S. supply outlook than traders had anticipated. Production stress across America's breadbasket is now converging with a megadrought and mounting fertilizer constraints, adding upward pressure on prices at a time when global food prices are rising. 🌾Due to poor crop health and a record-low planted area, the United States will produce the smallest wheat volume since 1972. 2026 winter wheat output (67%...

ADP Reports August Saw Weakest Job Growth Since January, Wage Growth Dips Following a weak JOLTS report (and mixed manufacturing PMI employment reports), ADP was expected to report a modest 47k increase in American jobs in August. It disappointed with only 37K jobs added in August (while July's 44k addition was revised up modestly to 46k)... This is the weakest monthly addition since January. Goods Producers shed jobs at the fastest pace since October... Manufacturing, professional services, and information shed jobs. Education and health care, construction, and leisure and hospitality all showed solid hiring. Base Pay...

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said...