Forget the stock-market tumble — the Fed made the right move in a wild week

Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further rate cuts on pause is looking like the right call after a closely watched inflation indicator and another round of budget brinkmanship on Capitol Hill.

Cocoa is the best-performing commodity of 2024 — even beating bitcoin. What’s next?

Cocoa has outpaced the rise in the U.S. stock market and bitcoin, with prices for chocolate’s main ingredient having nearly tripled in 2024. The rally shows little signs of ending, with cocoa‘s 2023 to 2024 marketing year having ended with the biggest global supply deficit in 60 years, according to ING.

Congress passed the Social Security Fairness Act. Millions of people could see more in benefits as a result.

The Senate voted early Saturday morning to repeal two laws that prevent many public employees from receiving Social Security, a move that is expected to weigh on the overall solvency of the Social Security system.