Rebalanced Gold Trade Pushes U.S. Trade Deficit to Five-Year Low
U.S. investors had stockpiled gold from abroad in the spring, fearing steep tariffs. But the tariffs never came, and the trade reversed.
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Fed Board Votes Unanimously to Reappoint Reserve Bank Presidents
The reappointment process had always been an under-the-radar administrative process that didn't attract attention-until this year.
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Dow Rallies to a Record as Oracle Weighs on Nasdaq
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to close at new records.
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Jobless Claims Rose Last Week but Remained Modest
The number of Americans filing new claims for unemployment benefits rose last week but stayed well within the range that has prevailed over the past year.
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Mexico Slaps Up to 50% Tariffs on Chinese Goods, Drawing Outcry From Beijing
Lawmakers pass levies targeting countries that Mexico has no trade agreement with, including China.
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Canada Swings to Modest Goods-Trade Surplus in September
Canada logged its first trade surplus in eight months in September as exports rebounded and domestic demand showed signs of softening.
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OPEC Holds Oil-Demand View Steady But Expects Higher Supply From Rivals
The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output hikes in early 2026, but modestly raised its forecast for this year's supply growth from rival producers
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Swiss National Bank Holds Key Interest Rate at 0%
Switzerland's central bank again left its key interest rate unchanged, but signaled it was open to a further cut that would take it below zero.
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ECB Unlikely to Follow Fed For Now, But Currency Moves May Yet Prove Decisive
Policymakers in Europe may face growing pressure to also lower interest rates if the pace of easing significantly weakens the dollar.
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Trove of Critical Minerals Uncovered in the Utah Desert
Mineral production company Ionic says it discovered 16 different rare earth and critical minerals that will help the U.S. compete with China.
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IEA Forecasts Smaller Oil Surplus as OPEC+ Output Declines
The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, the International Energy Agency said.
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China Vows to Boost Domestic Demand
Chinese officials pledged to prioritize supporting domestic demand in their policy road map for 2026.
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Turkish Central Bank Cuts Rates Again Despite Inflation Risks
The central bank cut its benchmark rate to 38.0% from 39.5% on Thursday, but noted lingering risks for consumer prices.
(END) Dow Jones Newswires
December 11, 2025 17:00 ET (22:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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