Free Republic

The 6th Street Bridge in Los Angeles, a $588 million project known as the "Ribbon of Light," lost its luster for the holidays as about a third of the bridge's lights are inoperable, the Los Angeles Times reported. The bridge and its ten illuminated arches became an instant hit on Instagram and TikTok when it opened in July 2022, and a popular place for families, runners, wedding photo shoots — and copper thieves. In December, copper thieves targeted the bridge, which caused a large portion to go dark. Photos show open boxes with wires on the ground. The FBI has...

Copper for delivery in July was up 1.71% by 1:42 pm (EDT), with futures at $4.6015 per pound ($10,123 a tonne) on the Comex market in New York, over the $4.58 per pound high reached in February 2011. The reopening of major industrial economies is sparking a surge across commodities markets from corn to lumber, with tin climbing above $30,000 a tonne for the first time since 2011 also on Thursday. Copper has gained 28.1% since the end of last year and is up 114.9% from its 2020 low, hit in March of that year amid the global economic fallout...

Copper futures hit their highest levels in ten years on Monday as several factors, including supply concerns, a weaker dollar, the Biden administration's plan to improve infrastructure, growth in renewable energy, and China's increasing demand, continue to fuel expectations of higher demand for the industrial metal. The dollar continues to edge lower Monday amid speculation Federal Reserve Chairman Jerome Powell will not announce tapering at this week's meeting, fueling higher copper prices. Meanwhile, traders are concerned about supply due to a strike in Chile.  "We are in for a good run higher as we are having supply issues. Chilean...