September 26, 2025

US economy notches fastest growth pace in nearly two years


The U.S. economy grew faster than previously estimated in the second quarter amid strong consumer spending and business investment, though momentum appears to be slowing as the effects of tariffs and policy uncertainty start to filter through.
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September 26, 2025

Starbucks closing stores, including iconic Seattle roastery


Starbucks said it would close underperforming stores in North America, including its iconic Seattle roastery, as CEO Brian Niccol presses ahead with his restructuring effort, which is expected to cost $1 billion in a bid to revive the company’s flagging sales.
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September 25, 2025

Gold slips from record peak; markets eye US economic data


Gold prices eased as the U.S. dollar firmed, retreating from a record high scaled in the previous session, while investors hunkered down for economic data due later in the week for further cues on the Federal Reserve’s policy path.
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September 25, 2025

Miners, defence stocks lifts FTSE 100, investors assess Fed Chair’s remarks


Britain’s FTSE 100 closed higher, led by miners and defence stocks, while investors assessed corporate updates and measured comments by Federal Reserve Chair Jerome Powell.The benchmark FTSE 100 reversed earlier losses to gain 0.3%.
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September 25, 2025

Equities dip after Powell raises valuation concerns


U.S. stocks retreated, as investors booked profits with indexes near record levels after Federal Reserve Chair Jerome Powell flagged potentially stretched stock prices and ahead of a reading on inflation later in the week.
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September 24, 2025

Dollar steady as investors weigh Fed commentary on rates


The U.S. dollar held steady against major peers as investors weighed commentary from Federal Reserve officials on its monetary policy outlook, while the Swedish krona gained after the Riksbank delivered a hawkish 25-basis-point rate cut.
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