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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US Healthcare Spending Soared to $5 Trillion in 2024
U.S. healthcare spending rose by 7.2% to $5.3 trillion in 2024 from $4.9 trillion in 2023, driven by increased health insurance enrollment and a jump in use of medical services, particularly in private health insurance plans, the U.S. Centers for Medicare & Medicaid...
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Trump Team Completes $500 Million Venezuela Oil Sale
The U.S. has completed its first sales of Venezuelan oil under a new Trump-era arrangement valued at about $500 million. The proceeds are being held in U.S.-controlled accounts, including a main one in Qatar.
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