Chicago Board of Trade › SOYBEANS CRUSH INDEX Oct 2013 (CBOT:BCX.V13)
76.50 +0.25 (+0.33%)
2013-06-18 14:58:51, 10 min delay
|Contract High Date||2012-09-17|
|Contract Low Date||2012-11-12|
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Continued competition from relatively affordable new vehicle sales and a growing wholesale market supply will keep used vehicle prices from rising much in the future, Fitch Ratings said Tuesday. Fitch said the trend is a return to more "reasonable values" from higher ones. Prices of used vehicles rose in the years after the Great Recession as drivers held onto the vehicles longer instead of buying new ones and automakers cut back on leasing, reducing the supply of available used cars and trucks. More recently, auto sales and leasing have picked up. That's increased the supply of used cars and helped ease prices. The credit-ratings firm expects that trend to continue as new car sales rise.
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Financial pressures likely contributed to a helicopter pilot's decision to continue flying through deteriorating weather before crashing in north Florida, killing a Mayo Clinic heart surgeon and technician on their way to retrieve a heart for transplant in 2011, according to a report from the National Transportation Safety Board.
2 hours, 2 minutes ago
A scrappy Vice President Joe Biden vowed Tuesday to "beat the gun lobby" by ultimately passing stronger firearm laws and said some lawmakers who voted against background checks have privately told him they want another chance. "This fight isn't over, far from it," Biden said. The Democratic-controlled Senate voted against legislation in April that would have expanded background checks for firearm purchases to gun shows and online sales, and so far no lawmaker who voted against it has announced a change of their vote. But Biden said he's gotten calls from senators who voted no to ask, "Can you find a way for us to revisit this?" He did not identify any of the callers.
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Metal prices are falling as traders anticipate that the Federal Reserve will start to ease its support for the economy. The price of gold fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The central bank will end its two-day policy meeting Wednesday. Until this year, the Fed's bond-buying stimulus program had helped drive gold prices to record highs. Many investors thought the Fed's efforts to pump money into the financial system would lead to high inflation, and they bought gold as insurance.