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Stocks Undercut by Oil Prices and Continued AI Anxiety

3 days 8 hours ago
The S&P 500 Index ($SPX ) (SPY ) fell by -0.52% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) fell by -1.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) was unchanged. December E-mini S&P futures (ESZ26 ) fell -0.48%, while December E-mini Nasdaq futures (NQZ26...

Can AI help solve the COBOL code crisis?

3 days 8 hours ago
What do the IRS, banks, airlines, and government infrastructure around the world have in common? They're all running on systems propped up by antique computer code that nobody dares touch, lest everything come crashing down. OpenAI thinks it may have a solution. On October 19th, the company touted "substantial improvements" in its latest AI models' […]

Companies are doing a lousy job of dealing with CEO-to-worker pay gaps, survey says

3 days 8 hours ago

Eighty-four percent of Americans think it’s important for companies to avoid a major pay gap between CEOs and employees, and yet only 15% of Americans believe companies are doing a good job of reining in such gaps, according to a new confidence survey from Bentley University and Gallup.

The study, released this month, found that 97% of Americans also say it is important for business to make money in an ethical way. However, only 32% of Americans say businesses are accomplishing this.

When the boss makes bank

CEO pay at the top 350 U.S. firms rose 14% in 2025, excluding Elon Musk’s extraordinary compensation package at Tesla, according to data from the Economic Policy Institute (EPI).

CEOs at these firms made 325 times as much as the average employee.

As executive compensation is increasingly tied to stock prices and company valuations, workers’ wages have comparatively grown slower over the last decade.

Despite giving companies low marks on wage gaps, Americans are still more trustworthy of businesses than leaders in Washington when it comes to decision-making and impact, based on the study’s findings.

Last year, 51% of U.S. adults said the federal government was effective at making a positive impact on people’s lives. This year, it dropped eight percentage points, to 43%. 

There is a 49-point gap between Americans who think the federal government has great potential to make a difference and those who think it is effective at doing so. 

While Americans approve of businesses’ ability to make productive decisions compared to the federal government, they still expect certain ethical practices.

Cotton Slip Lower into the Weekend

3 days 8 hours ago
Cotton futures closed with contracts 15 to 59 points lower, as December still managed a 20 point gain this week. Crude oil was up $3.97 per barrel on the session, with the US dollar index $0.153 higher. The large managed money speculators and cotton futures and options added just 767...

Soybeans Post Friday Gains

3 days 8 hours ago
Soybeans pushed higher into the weekend, with contracts up 1 ½ to 5 ¼ cents across the board. November was down 4 ¾ cents on the week. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $11.99 1/4. Soymeal futures were mixed, down $1.20 to $1.60...

Soybeans Post Friday Gains

3 days 8 hours ago
Soybeans pushed higher into the weekend, with contracts up 1 ½ to 5 ¼ cents across the board. November was down 4 ¾ cents on the week. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $11.99 1/4. Soymeal futures were mixed, down $1.20 to $1.60...

Wheat Bulls Fail to Find Footing on Friday

3 days 8 hours ago
The wheat complex faded lower into the weekend across most contracts. Chicago SRW contracts were mostly fractionally to 2 ¾ cents lower. December was up a tick, but still fell 35 ½ cents this week. KC HRW futures posted losses of 1 ¼ to 3 ¾ cents on Friday, with...