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Commodities Headlines

Bumper wheat harvest may ignite Argentina economy

A record wheat harvest expected in Argentina this year could arrive just in time to jumpstart the ailing South American economy in the fourth quarter, after growth has been hit by low investment, high inflation and a soy crop devastated by drought.

Texas power use hits record in heat wave, more peaks ahead: ERCOT

Homes and businesses in Texas used record amounts of power on Thursday afternoon, breaking the previous record set Wednesday, and are expected to use even more in coming days as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of much of the state's power grid.

Brent slips as focus returns to oversupply

Global benchmark Brent crude dipped on Thursday as concerns about mounting supply returned after a brief rally earlier in the session on comments that Saudi Arabia's exports would fall in August.

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Trump invites Putin to Washington despite U.S. uproar over Helsinki summit

WASHINGTON President Donald Trump has invited Russian President Vladimir Putin to Washington this autumn, the White House said on Thursday, a daring rebuttal to the torrent of criticism in the United States over Trump's failure to publicly confront Putin at their first summit for Moscow's meddling in the 2016 election. | Video