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The culprit is what’s being called a monster Rex block weather pattern. It’s made up of a high pressure system sandwiched between two low pressure systems. When one of the low pressure systems moves below the high pressure system, it blocks the high pressure. That means the system is stuck and will not be able to move for a long time. Rex blocks are characterized by a high-pressure system located pole-ward of a low-pressure system. The Rex block will remain nearly stationary until one of the height centers changes intensity, unbalancing the high-over-low pattern, according to the Natio...

Soybean price is rebounding after its plunge below $1,400 by trading at $1,427. Investors are focused on April’s WASDE Report after USDA left its estimates largely unchanged in March. A significant portion of US farmers have shifted from planting soybean to corn in the spring season. Soybean price is trading higher after its plunge at the beginning of the month. Supply concerns have triggered the gains ahead of April’s WASDE Report on Friday. The agricultural commodity is trading at 1,427 after falling slightly below 1.400 late last week. April’s WASDE Report For those looking to invest...

good evening, everyone. i'm erin burnett. "outfront" tonight, the big scare. with just four days in the congress high tails it out of washingt washington, there was plenty of talk about the looming consequences of the looming fiscal cliff. we're talking about tax cuts expiring for everyone automatically, payroll taxes going up, emergency unemployment benefits ending and, of course, the $1.2 trillion in so-called sequestration cuts. about half of that sum is going to come from defense. >> the obligation of the commander in chief is to act like the commander in chief, and that would be...

there was plenty of talk about the dire consequences of the looming fiscal cliff. we're talking about tax cuts expiring for everyone automatically, payroll taxes going up, emergency unemployment benefits ending and, of course, the $1.2 trillion in so-called sequestration cuts. about half of that sum is going to come from defense. >> the obligation of the commander in chief is to act like the commander in chief, and that wld be to prevent these cuts, which in the words of his own secretary of defense, would devastate our national security. >> interesting, acting like a commander in ch...

with four days before congress high-tails it out of washington, there was plenty of talk about the dire consequences of the looming fiscal cliff. we're talking about tax cuts expiring for everyone automatically, payroll taxes going up, emergency unemployment benefits ending and, of course, the $1.2 trillion in so-called sequestration cuts. about half of that sum is going to come from defense. >> the obligation of the commander in chief is to act like the commander in chief, and that would be to prevent these cuts, which in the words of his own secretary of defense, would devastate ou...