Peter Thiel Donates $3M to Fight California Wealth Tax
Peter Thiel, PayPal co-founder and Palantir chairman, has emerged as the first major donor in what is expected to be a high-dollar campaign to block a proposed California wealth tax, The New York Times reports.
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US Import Prices Increase 0.4% From September to November
U.S. import prices increased 0.4% over the two months from September to November, the Labor Department's Bureau of Labor Statistics said Thursday.
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Homes Could Become Affordable in 20 Major Metros
Homes are on track to become affordable in 20 of the nation's 50 largest metropolitan areas by the end of 2026 - the most since 2022 - driven by slower price growth, falling mortgage rates and rising incomes, according to a new forecast from Zillow.
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Unemployment Claims Fall as Layoffs Remain Low
Fewer Americans applied for unemployment benefits last week as U.S. layoffs remain low despite growing concern about a weakening job market.
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Trump: I Have No Plan to Fire Powell
U.S. President Donald Trump said he has no plans to fire Jerome Powell despite a Justice Department criminal investigation into the Federal Reserve chair, but it was "too early" to say what he would ultimately do.
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UK economy surprises with stronger-than-expected 0.3% growth in November
Economists expect the U.K. economy to improve in 2026, particularly as the Bank of England is likely to continue on its interest rate-cutting path.
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