December 4, 2025

Meta's Metaverse Cuts, Jobs Check-In & Homebuilder Hesitancy 12/4/25

Meta slashes its metaverse budget after its Reality Labs unit loses $70B in four years. Jobless claims hit their lowest level in three years, but alternative data paints a different labor market picture. Plus, JPMorgan's homebuilder haves and have-nots heading into 2026.

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