Business & Finance Summary

This week, the Federal Reserve is anticipated to cut rates, setting the stage for the final policy meetings of central banks worldwide for 2025, according to reports. The housing market is also experiencing shifts, as Zillow's updated ratings reflect power dynamics in over 250 markets, with home prices currently 77 percent above their peak during the early 2000s housing bubble, highlighting affordability issues driven by the Fed's policies.

Additionally, the recent Black Friday shopping surge particularly benefited live-shopping apps, indicating a resilient consumer base despite inflation and economic uncertainty, as U.S. online spending showed strong performance during this busy retail period.