U.K. Unveils Sweeping New Tax Hikes
The Treasury chief said the measures, from a tax on more expensive properties to a levy on sweet dairy products such as milkshakes, would patch up public finances.
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Jobless Claims Show Low-Hire, Low-Fire Environment Continues
The latest batch of weekly jobless-claims data brought more evidence Wednesday that the labor market is stuck in an uncertain neutral: layoffs subdued, but flagging hiring, too.
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Business investment surges again on AI spending, but manufacturers still in a slump
Business investment rose in September for the third month in a row - buoyed by spending on artificial intelligence - but the industrial side of the U.S. economy more broadly was still mired in a slump.
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Stocks Move Higher With Nasdaq Leading Gains
Stocks moved higher amid rising expectations for an interest-rate cut next month and easing AI bubble fears.
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Apple Stock Heads for Record as Big Tech Pecking Order Gets Reshuffled
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U.S. Negotiates Lower Prices for Ozempic and 14 Other Drugs
The price cuts will save Medicare billions of dollars in prescription-drug spending.
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New Zealand's Central Bank Cuts Rates
The Reserve Bank of New Zealand lowered interest rates further in an effort to spur recovery in an economy that for now remains moribund, with unemployment at its highest level in nearly a decade.
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Meta Is in Talks to Use Google's Chips in Challenge to Nvidia
A deal to use Google's TPUs for Meta's AI models could be worth billions and eat into Nvidia's dominant market share.
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Bets surge on Kevin Hassett becoming next Fed chair
The current White House National Economic Council Director is in tune with Trump's view on interest rates
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Holiday Shoppers Fall Into Two Camps This Year: Those Who Spend and Those Who Scrimp.
As lower- and middle-income shoppers curb their purchases, retailers will be relying increasingly on heavy spending from affluent shoppers.
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Tariffs Could Inch Lower in 2026. But Another Ticking Time Bomb for Trade Is Looming.
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Federal Deficit Hit a Record in October. Why the News Isn't So Bad.
Spending exceeded receipts even though the government was closed all of last month.
(END) Dow Jones Newswires
November 26, 2025 11:00 ET (16:00 GMT)
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