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Check out what’s clicking on FoxBusiness.com. More than 500,000 packages of macaroni and cheese sold at Aldi stores nationwide have been recalled because they may contain undeclared soy lecithin, a soy-derived ingredient that can pose a risk to people with soy allergies or sensitivities. According to the Food and Drug Administration, 58,405 cases of Park St. Deli Macaroni & Cheese are affected. Each case contains nine 20-ounce packages, bringing the total number of impacted packages to 525,645.The plastic tubs of macaroni and cheese were sold inside paperboard sleeves. FDA ISSUES HIGHEST-RISK RECALL OF ALFREDO SAUCE SOLD IN 41 STATES More…

Panellists at the  Central Banking Meetings London on June 11 discussed how their institutions were preparing to provide liquidity as markets move towards 24 hours a day, seven days a week settlement.From a risk management perspective, an executive director described their central bank’s engagement with digital asset markets, and the effects the new technology might have on open market operations and the implementation of monetary policy. The official said a hands-on approach to executing real Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with…

Strategy (formerly MicroStrategy) added another $100 million of Bitcoin to its balance sheet last week, extending a buying campaign that has made the company the world’s largest corporate holder of the digital asset while sharpening a debate over what its common shareholders actually own.On June 15, Michael Saylor, the company’s chairman, said Strategy bought 1,587 BTC at an average price of $63,024 per token, which lifted its total holdings to 846,842 BTC.That position is equal to more than 4% of Bitcoin’s fixed 21 million supply cap, a level that has turned Strategy from a software company into one of the…

Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBC’s “Fast Money,” defending his agency’s decision to approve the asset domestically.Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed internationally to ensure they can be made safely under robust regulations.”It’s time to approve regulated futures contracts that have no expiration date,” he said. “We’re going to make sure the product’s available, but it’s well regulated here in the U.S.”In late May, the CFTC approved prediction market platform Kalshi…

Biocon founder Kiran Mazumdar Shaw says she is confident that the company’s investment and capacity expansion in Insulin will make the company the top hub for the drug in the next five years. She speaks in an exclusive conversation with Bloomberg’s Haslinda Amin. (Source: Bloomberg)

July NY world sugar #11 (SBN26) on Monday closed down -0.02 (-0.15%), and Aug London ICE white sugar #5 (SWQ26) closed down -2.20 (-0.49%).Sugar prices were under pressure on Monday, with NY sugar falling to a 1.75-month low and London sugar falling to a 2.5-week low.  Monday’s -5% plunge in WTI crude oil (CLN26) undercuts ethanol prices and may prompt the world’s sugar mills to divert more cane crushing toward sugar production rather than ethanol, thus boosting sugar supplies. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   Sugar prices are…

IMF chief says no global slowdown in sight yet, but risks are high

Factbox-What you should know about G7 host town Evian-Les-Bains

The Central Reserve Bank of Peru (BCRP) has held its benchmark interest rate at 4.25%. In a statement on June 11, the bank’s board said that although global risks were elevated because of the Iran war, the outlook for global growth this year remained positive and the “terms of trade continue to be favourable for the Peruvian economy”. The decision had been expected by 13 analysts surveyed by Bloomberg, with one economist forecasting a 25 basis point increase.The rates hold comes as Peru grapples Only users who have a paid subscription or are part of a corporate subscription are able to print…

“I hereby fully authorize the toll-free opening of the Strait of Hormuz,” added the POTUS. Bitcoin’s price is on the move on Sunday evening, jumping past $65,000 for the first time in approximately ten days. The impressive price jump came after US President Donald Trump confirmed on his social media platform that the deal with Iran, as promised yesterday, “is now complete.” Recall that the POTUS noted yesterday that Iran and the US had reached an agreement that would halt the former’s attempts to develop or purchase nuclear weapons. However, reports from the Middle Eastern country put that promise…