Cocoa Grindings Crush Estimates, Chocolate Stocks Rise: Is Hershey A Buy?

Late Friday Trump Bombshell: US Makes Deal For 'Permanent Control' Over Greenland's Security President Trump late in the day Friday issued a lengthy, and absolutely bombshell and historic (if true) Greenland-related post on Truth Social, after a long relative silence on what was early on a core priority of his administration. He has announced that United States has entered into a security agreement with Denmark and Greenland to control the resource rich autonomous territory claimed by Denmark - though at this early stage (and it being night time in Europe) it is...

Nikola Founder Trevor Milton Accuses FBI Agent Of Witness Intimidation As New Report Challenges His Claims Trevor Milton, founder and former CEO of electric truck maker Nikola and now CEO of jet company Syberjet, is suing an FBI agent and a whistleblower who testified against him during his fraud trial, alleging they conspired to intimidate a potential defense witness ahead of his trial.  Milton filed a complaint on October 13 in federal court in Utah against FBI Special Agent Christopher S. Essick and Nikola whistleblower Paul Lackey. The lawsuit alleges Essick secretly...

Ocean Container Freight Costs Explode, Rivaling COVID-Era Crisis Highs A worsening ocean freight price shock is reviving concerns about the supply-chain disruptions seen during the pandemic and the 2024 Red Sea crisis. If continued through the fall and winter, higher shipping costs could intensify inflationary pressure, squeeze corporate margins, and weaken growth. Together, these factors raise the risk of a broader economic shock, particularly if diesel prices remain elevated.  Bank of America retail analyst Lorraine Hutchinson warned in a note Saturday that ocean freight rates have jumped 201%, approaching the 250% spike seen during...