Last year, Ikea slashed prices on roughly 2,000 products to give inflation-weary customers a break. Although that sparked an increase in orders, revenue fell for the first time in four years as discounts took a bite out of its bottom line. Sales slipped 4% to €45.1 billion ($49.3 billion) for…

This article was written byFollowJulian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the leader of the investing group Best…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ikea spent more than €2bn last year on lowering the prices of some of its most popular furniture, leading to the flat-pack retailer’s first fall in annual revenues since 2020 even as…

Vice President Kamala Harris’ political team has raised $1 billion since entering the presidential race in late July, two sources familiar with the figure told CNN – marking a massive fundraising milestone in her campaign against former President Donald Trump. Other presidential candidates, alongside their political parties, have exceeded the…

By Vanessa Infanzon, Next Avenue In 2001, a YMCA in Brooklyn hired a husband-and-wife team of television producers, Stephanie Walter and John Williams, to help 15 high school students pull together a film about retired seamen living at the YMCA’s residential facility. The class’s final project, a one-hour documentary called…

Steady rain hit the Tampa area Wednesday morning and winds are expected to increase in the afternoon as Floridians rush to prepare for Hurricane Milton. The storm continues to fluctuate in intensity as it approaches the state’s west coast and is expected to make landfall as a Category 4 hurricane,…

CNBC’s Jim Cramer on Wednesday criticized the Department of Justice’s potential remedies in the Google search-monopoly case, arguing that, if they were implemented, the California tech giant would be “a shell of its former self.” The DOJ in a court filing late Tuesday provided a high-level overview of recommendations it…

Melinda French Gates is shedding more light on her $1 billion plan to promote women’s rights, announcing Wednesday a new $250 million fund to improve women’s mental and physical health. The billionaire philanthropist launched “Action for Women’s Health”, a fund through her organization Pivotal Ventures. Its webpage says that “women’s…

This article was written byFollowDale Roberts is the Chief Disruptor at the Cut The Crap Investing blog. Cut The Crap will introduce Canadians to the many sensible low fee investment options in Canada. Canadians currently pay some of highest investment fees in the world. Dale will help Canadians on the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Volatility in the $27tn US Treasury market has surged to its highest level since the start of the year, as nervy investors quickly readjust their expectations for how quickly the Federal Reserve…