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A "sweetness crisis" triggered by the weight loss "miracle drug": Sugar prices halved, even Magnum isn't selling anymore!

A "sweetness crisis" triggered by the weight loss "miracle drug": Sugar prices halved, even Magnum isn't selling anymore!

GLP-1 weight loss drugs are shifting consumer preferences from “sweet” to “protein,” and this shift is rapidly affecting the valuations of commodities and consumer goods companies: sugar demand is being repriced, protein-related raw materials are strengthening, and high-sugar categories are facing structural pressure. On Wednesday, New York raw sugar futures
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Besent softens stance toward Republican lawmakers: Supports the Senate taking over the Powell investigation instead of the Justice Department

Besent softens stance toward Republican lawmakers: Supports the Senate taking over the Powell investigation instead of the Justice Department

``` On Wednesday, US Treasury Secretary Besant agreed in a closed-door meeting with Senate Republican lawmakers to transfer the investigative authority regarding Federal Reserve Chair Powell from the Department of Justice to the Senate Banking Committee. According to media reports citing sources familiar with the matter, this move aims to persuade