IKEA's Yearslong Price-Cutting Bonanza Is Coming to an End
The furniture retailer is raising prices on some products, and working to source more goods in the U.S. because of President Trump's tariffs.
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U.S. Stocks Move Higher
Stocks rose, led by the Nasdaq composite, while gold continued its record-breaking run.
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EU Exports to U.S. Drop Sharply
Goods exported from the EU to the U.S. fell in August following the new tariff agreement and imports also declined, suggesting the trade environment is weakening.
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PCAOB Proposes 20% Cut to Board Pay Amid SEC Scrutiny
The reductions contemplated in the audit-regulator's preliminary budget follow criticism on salaries from SEC Chair Paul Atkins going back years.
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U.K.'s Economy Returns to Slow Growth
Britain's economy expanded slightly in August, rising 0.1% on month, entrenching a period of slow growth.
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If BOJ Falls Behind Curve, Catching Up Could Hurt Economy, Board Member Says
The Bank of Japan needs to start thinking about resuming rate increases, board member Naoki Tamura said.
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Canada Existing-Home Sales Fall in September
Existing-home sales in Canada declined in September from the previous month, and prices fell to their lowest level in over four years.
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The Impossible Politics That Mean the Shutdown Is Set to Drag On
Democrats and Republicans both feel they have the upper hand, while President Trump hasn't signaled what type of deal he would support.
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Big Banks Cash In on Well-Heeled Borrowers
JPMorgan, Bank of America and Wells Fargo see few signs of trouble among their consumer clients.
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Wall Street Scrambles to Gauge Consumer Health Without Retail Sales. Here's What Alternative Data Say.
The September retail sales report delay leaves a hole in the market's assessment of the economy. Bank executives paint a picture of surprising consumer resilience despite slowing spending projections.
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U.S. economy has lost momentum over the past 2 months, Fed's 'beige book' finds
Consumer spending inched down in recent weeks, the Federal Reserve's latest survey found.
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The Fed Can't Solve All Our Problems, Says Ex-Philly Fed President
When it comes to the fiscal side, the problems are much deeper than can be mitigated by just moving the fed-funds rate around.
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Australia's Unemployment Pickup Shatters RBA's Calm
Jobless data has put the prospect of rate cuts front and center for the Reserve Bank of Australia.
(END) Dow Jones Newswires
October 16, 2025 11:00 ET (15:00 GMT)
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