Risk Of Global Food Price Inflation 'Growing Fast' -Barclays
The risk of another wave of global food price inflation is growing fast, Barclays plc (BCS) said Wednesday, as U.S. grains and soybeans prices trade within touching distance of all-time highs, due to the nation's worst drought in 56 years, which is massively reducing harvest expectations.
U.S. Bancorp 2Q Tops Street on Loan Growth
U.S. Bancorp posted a better-than-expected second-quarter profit as the nation’s fifth largest commercial bank added loans and put more money aside as a precaution against bad loans.
Grainger Gains On Earnings Beat
Grainger Inc. shares popped up over 8% in early trade Wedensday after second-quarter earnings beat analyst expectations, making it the third largest gainer on the S&P 500 .