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The Latest Breaking News from CME

Lumber Could Have Found a Bottom – What’s Next?

The lumber futures market remains illiquid, but the price has been edging higher over the past weeks. At over $500 per 1,000 board feet, lumber’s price is above the pre-2018 all-time $493.50 high. Meanwhile, the new physical contract continues to experience increasing interest.

Barchart

Iraq’s central bank to blame for dispute behind jailing of Australian Robert Pether, tribunal finds

Engineer’s family says International Court of Arbitration decision strengthens the case for freeing him

The Guardian - AU

U.S. economy hotter than policymakers would like

Friday's data raises big questions about what's ahead for the Federal Reserve.

Axios

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Lumber Futures- A Liquidity Indicator Continues to Rise

The new physical lumber futures contract is smaller and more flexible than the random-length contract it replaced. The open interest metric has risen as the random-length contract expired and faded into history this month.

Barchart

Company emails at odds with evidence used to jail Australian engineer Robert Pether in Iraq

Revealed: documents prompt fresh calls for Pether’s release, amid separate claims that a biased translator was used in court case

The Guardian - AU

How is the New Physical Lumber Contract Doing?

The random-length lumber futures contract has faded into history, and the smaller physical contract is now the only route for hedging and speculation in the wood market. Over the past weeks, physical lumber futures have traded around the $500 per 1,000 board feet level, but the new contracts have attracted…

Barchart

Third Circuit Rejects Pacira Biosciences' Trade Libel Claim Over Article in Leading Medical Journal About EXPAREL

From Friday's Third Circuit decision in Pacira Biosciences, Inc. v. American Society of Anesthesiologists, Inc., written by Judge Patty Shwartz, joined by Judges Stephanos Bibas and Thomas Ambro: Pacira BioSciences, Inc. … sued the American Society of Anesthesiologists, Inc. …, the editor-in-chief of its medical journal, and the authors of…

Reason

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Alphabet, Lam Research Make Morningstar Favored-Stock List

The research firm chose what it considers high-quality stocks that are substantially undervalued and have strong competitive advantages.

The Street

The tax that won’t die — and other revenue plans — surface in city election

Seeking influence in ward races is a group, United Working Families, that has argued for tax hikes that target the rich but could chase businesses and suburbanites from the city.

Chicago Sun-Times

Should the Ladies European Tour merge with the LPGA? A vote on the matter has been delayed, but with Saudi money involved it’s complicated

“At the end of the day, money is power."

USA Today Sports Media Group

Will WA's net zero carbon emissions laws work or will big polluters keep getting away with it?

WA is set to legislate emissions reduction targets in its push towards net zero, but there are warnings it could be business as usual for the state's big polluters for at least the next decade.

ABC News

Aluminum’s Booms and Busts: Is More Volatility Ahead?

The growth of the EV market means more aluminum used to manufacture cars. Some models use twice as much as standard autos. “It's really a huge leap."

The Street

Your 2022 picks: Our top 10 LPGA golf stories (No. 1 is an idea that could get Nelly Korda to the Presidents Cup)

Here’s a look at the top 10 LPGA stories, as clicked on by you.

USA Today Sports Media Group

Meet each of the 46 players who earned LPGA cards at Q-Series for 2023, including rookies who span in age from 18 to 31

Meet the players who played their way onto the LPGA for 2023.

USA Today Sports Media Group

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Chicago Tribune

FTX collapse shakes up Chicago crypto market, where its US trading platform was going to be the next big thing

CHICAGO — When the FTX.US headquarters opened in a gleaming new Fulton Market tower in May, Mayor Lori Lightfoot and her retinue stopped by to officially welcome the cryptocurrency exchange to Chicago, a city positioning itself as a financial center for the booming digital assets.

USA Today Sports Media Group

Lexi Thompson pumped to hit bombs at QBE Shootout with new partner Maverick McNealy

Ten of the 12 teams at Tiburon Golf Course this week will be together for the first time.

USA Today Sports Media Group

LPGA Q-Series: Former Netflix star, an NAIA history maker and freshly-minted pros set for 144-hole grind

Meet 12 of the players set for the 144-hole grind.

USA Today Sports Media Group

CME Group CEO ‘exceptionally disappointed’ with LPGA leadership heading into record payday

“I’m concerned about the future of the tour," said Duffy, who will hand over a $2 million check on Sunday.

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USA Today Sports Media Group

Carefree Lydia Ko in command by five at season-ending CME Group Tour Championship, where the winner earns $2 million

Lydia Ko is in position to finish her season strong.

USA Today Sports Media Group

With so much on the line, Player of the Year contender Lydia Ko opens with a 65 to take early lead at CME

Ko holds the course record at Tiburon, 62, and won this tournament in 2014.

USA Today Sports Media Group

Jin Young Ko endeavors to smile through the pain as she seeks third consecutive CME title

Jin Young Ko hasn't made a cut since late July.

USA Today Sports Media Group

Bubble breakdown: A look at who kept their LPGA card and qualified for CME Group Tour Championship — and who didn’t

Here's a look at some of the highs and lows from a dramatic day on the LPGA.

USA Today Sports Media Group

Nelly Korda edges Lexi Thompson in another Pelican LPGA thriller to return to World No. 1

Korda is back on top of the women's game after surgery earlier this year to remove a blood clot.

USA Today Sports Media Group

LPGA total prize money keeps climbing, yet it’s still possible to make the cut and lose money. Some players are asking, should the winners make less?

“At the end of the day we’re entertainers, but we sometimes don’t get paid for our entertainment.”

USA Today Sports Media Group

European star Linn Grant unable to travel to U.S. to compete for CME’s record-setting $2 million prize due to vaccination status

"Some people want to know why I am not playing in the U.S. I respect that. The simple reason is that I am not vaccinated."

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