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Home > Nightly Business Report > Meta's Metaverse Cuts, Jobs Check-In & Homebuilder Hesitancy 12/4/25
Podcast: Nightly Business Report
Episode:

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

Category: Business
Duration: 00:44:07
Publish Date: 2025-12-04 19:36:23
Description:

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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