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Trump's mass deportation plan could end up hurting economic growth
Trump's mass deportation plan could end up hurting economic growth
by  AFP

President-elect Donald Trump's hardline immigration proposals -- including a controversial mass deportation plan -- could prove economically damaging, analysts say, with US sectors that rely heavily on foreign workers like agriculture and construction especially hard hit.

US consumers to bargain hunt in annual 'Black Friday' spree
US consumers to bargain hunt in annual 'Black Friday' spree
by  AFP

US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not completely faded. "Holiday shoppers are likely to increase their budgets this year versus last year but remain selective and are looking for discounts," said a note from Morgan Stanley.

Thousands demand lower rents at Barcelona demo
Thousands demand lower rents at Barcelona demo
by  AFP

Thousands of protesters marched through Barcelona on Saturday demanding lower rents in Spain's second city. Barcelona, which has already taken action to stop the spread of holiday rental apartments, is the latest Spanish city to see protests for cheaper housing.

Scott Bessent a credible, safe pick for Treasury: experts
Scott Bessent a credible, safe pick for Treasury: experts
by  AFP

Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination. "Scott Bessent is a credible, mainstream pick for Treasury Secretary," said Jason Furman, a professor at Harvard University and former top White House economic adviser.

What forcing Google to sell Chrome could mean
What forcing Google to sell Chrome could mean
by  AFP

US antitrust lawyers are calling on a judge to force the sale of Google's Chrome browser to limit the company's market clout in a move that would shake up the internet giant. Launched in 2008, Chrome dominates the browser market, dwarfing rivals Edge and Safari, developed by Microsoft and Apple, respectively.