High Cocoa Costs Put Chocolate Makers on Edge for Halloween

On October 31, the Breeders' Cup will host Future Stars Friday, featuring five exciting races for juvenile horses. Fans are left wondering whether the day will be filled with thrilling victories or unexpected surprises, making it a unique Halloween event in the world of horse racing.

If you're looking for some spine-chilling entertainment this Halloween, 2025 has delivered a fantastic lineup of horror films worth checking out. With a variety of new releases available for streaming, there's something for every scare-seeker. These recommendations not only highlight the creativity in the genre but also provide a perfect way to celebrate the spooky season with friends and family.

Mondelez has adjusted its revenue outlook for the year, now anticipating a 4% organic growth instead of the previously expected 5%. This change is largely attributed to soaring cocoa prices and increasing transportation costs, which are impacting the company's profitability. This news is significant as it highlights the challenges faced by food companies in managing costs while trying to maintain growth.

This Halloween, chocolate lovers are facing unprecedented prices due to a significant cocoa shortage and rising inflation driven by tariffs. As confectionery makers struggle to keep up with costs, consumers are feeling the pinch, making it a challenging time for those who enjoy sweet treats. This situation not only affects individual buyers but also has broader implications for the candy industry, potentially altering purchasing habits and market dynamics.

Mondelez International Inc. has lowered its full-year outlook due to rising cocoa prices and a shift in consumer behavior, with shoppers prioritizing essential goods over snacks. This is significant as it highlights the impact of inflation on consumer choices and the challenges faced by snack manufacturers in maintaining sales amidst economic pressures.

Ivory Coast dollar bonds are seeing a rise in value following President Alassane Ouattara's recent election victory. Investors are optimistic that Ouattara will maintain his business-friendly policies, which are crucial for the country's economy, especially as it is the world's leading cocoa producer. This positive sentiment reflects confidence in the stability and growth potential of the Ivorian market.

As Halloween approaches, it's bittersweet to learn that many classic candy brands have been discontinued over the years. With Americans projected to spend a staggering $3.9 billion on Halloween candy in 2025, the nostalgia for these beloved treats highlights a shift in consumer preferences. This matters because it reflects changing tastes and the impact of market trends on traditional favorites, leaving many to wonder what Halloween will look like without these iconic candies.

Cherry Matthews has launched a Halloween swap-shop aimed at helping families reduce the costs associated with the holiday festivities. This initiative is significant as it not only promotes community engagement but also encourages sustainable practices by allowing families to exchange costumes and decorations, making Halloween more affordable for everyone.

The recent lifting of sanctions on a Putin-backed autocrat has raised eyebrows, especially given the involvement of allies of former President Trump in the lobbying efforts. This development is significant as it highlights the ongoing influence of political connections in international relations and raises questions about the implications for democracy and human rights in the region.

CVR Energy's shares rose by 4% following their third-quarter results, which exceeded analysts' expectations. This positive performance highlights the company's strong operational efficiency and market positioning, making it an attractive option for investors looking for growth in the energy sector.

Accenture's stock has taken a hit following its recent investment in the AI company Lyzr. This decline raises concerns among investors about the potential risks associated with such investments in emerging technologies. As companies increasingly pivot towards AI, the market's reaction to Accenture's move could signal broader implications for tech investments and investor confidence.

Experts warn that allowing China access to Nvidia's Blackwell chip could significantly diminish the United States' competitive edge in artificial intelligence. This chip is crucial for advanced AI applications, and its transfer to China might accelerate their technological advancements, posing a threat to US dominance in the AI sector. The implications of this shift could reshape the global tech landscape, making it essential for policymakers to consider the long-term consequences of such decisions.

Wex has reported earnings that exceeded expectations by $0.18, along with revenue that topped estimates. This strong financial performance highlights the company's robust growth and effective management strategies, making it a noteworthy player in its industry. Investors and analysts are likely to view this as a positive sign for Wex's future prospects.

In a refreshing twist on traditional travel, 'anti-tourism' tours are gaining popularity, offering visitors a unique perspective on vacation hot spots. These tours aim to showcase the less commercialized, authentic aspects of destinations, allowing tourists to engage with local culture and communities in meaningful ways. This trend matters because it encourages sustainable tourism practices and fosters a deeper understanding of the places we visit, ultimately benefiting both travelers and locals alike.