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Futures Files

The Fed becomes more hawkish Federal Reserve Bank members, especially Chairperson Jerome Powell, continued to come across as committed to maintaining high interest rates and raising rates in order to fight inflation. According to financial futures markets, there is a 28% probability that the Federal Open Market Committee will hike its fed funds rate by 50 basis points, and a 72% probability that the rate will increase by 75 basis points at the Sept. 21 policy meeting. This attitude contributed to an extremely strong U.S. dollar, which weighs on commodity prices, especially those ...

Germany sticks to nuclear power deadline but leaves loophole

BERLIN (AP) — Germany is sticking to its long-held plan of shutting down the country’s three remaining nuclear power plants this year but keeping the option of reactivating two of them in case of an energy shortage in the coming months, officials said Monday. The announcement follows the publication of a much-anticipated stress test that examined how Germany’s power grid will cope with a possible electricity squeeze due to the energy crisis Europe is facing. Like other European countries, Germany is scrambling to ensure the lights stay on and homes stay warm this winter despite ...

Oncology specialist joins Trinity

Moayed Ibrahim, MD, a medical oncology and hematology specialist, has joined Trinity Health’s cancer care team. He provides care to cancer patients using anti-cancer therapies such as chemotherapy, immunotherapy and hormone therapy. He is also trained in the diagnosis and treatment of blood diseases. A graduate of the Hashemite University Faculty of Medicine in Jordan, Ibrahim did his internal medicine residency at East Tennessee State University/Quillen College of Medicine. After completing a fellowship in geriatric medicine at Baylor College of Medicine in Texas, he ...

Coborn’s exec signs diversity, inclusion pledge

ST. CLOUD, Minn. — Chris Coborn, chairman and CEO of Coborn’s, Inc., has joined the CEO Action for Diversity & Inclusion coalition, according to Coborn’s. The organization is the largest CEO-driven business commitment to drive measurable action and meaningful change in advancing diversity, equity and inclusion in the workplace. In signing this commitment, Coborn’s, Inc. joins a partnership of more than 2,200 CEOs pledging to cultivate a trusting environment where all ideas are welcomed and employees feel comfortable and empowered to have discussions about diversity and ...

FUTURES FILES

Cup of joe jumps higher Your morning fix just became richer. Dry conditions in Brazil are expected to continue through the end of the year. Analysts have blamed the drought on La Nina weather conditions in addition to global warming. Brazil produces the most popular Arabica type coffee, whereas Vietnam produces the Robusta crop. Arabica coffee for September delivery perked up by roughly 20 cents this week, closing at $2.38 per pound. Gas rises skyward Natural gas hit a 14-year-high early in the week and held near that high as European demand, especially from Germany, ...

How joins NDSU Extension

Emily How hasw joined North Dakota State University Extension as the agriculture and natural resource and horticulture agent in Ward County.    She started Aug. 15 and works out of the Extension office in Minot. How will work with research professionals, county residents and local leaders to provide science-informed education, collaboration and facilitation for agriculture and natural resources and horticulture programming in Ward County. How grew up in Denton, Texas, and has experience working with Master Gardener groups as well as assisting multigenerational ...