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    California weighing proposal that could double its taxes

    U-Haul Vice President Stuart Shoen argues that last year’s ‘mass outflow’ of people from California led to the most significant ‘inability for us to meet our customer demand.’  California lawmakers unveiled a new bill at the beginning of the year that would establish a single-payer health care system – an ambitious plan that would be funded by nearly doubling the state’s already-high taxes. A new analysis from the Tax Foundation, a non-partisan group that generally advocates for lower taxes, found that the proposed constitutional amendment would increase taxes by roughly $12,250 per household in order to fund the first-of-its-kind health  

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    Supreme Court blocks Biden OSHA vaccine mandate, allows rule for health care workers

    Check out what’s clicking on FoxBusiness.com. The Supreme Court on Thursday issued mixed rulings in a pair of cases challenging Biden administration COVID-19 vaccine mandates, allowing the requirement for certain health care workers to go into effect while blocking enforcement of a mandate for businesses with 100 or more employees. The latter, an Occupational Safety and Health Administration rule that took effect on Monday, said that businesses with at least 100 employees needed to require workers to get vaccinated, or get tested weekly and wear a mask. PROGRESSIVES SCOLD SUPREME COURT FOR POSSIBLY STRIKING DOWN BIDEN’S VACCINE MANDATES: ‘VERY WRONG’ 

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    Stock Market and Business News: Live Updates

    Jerome H. Powell, the Federal Reserve chair, told lawmakers on Tuesday that a rapidly healing economy no longer needed as much help from the central bank and that keeping inflation in check — including by raising interest rates — would be critical for enabling a stable expansion that benefited workers. Mr. Powell, whom President Biden recently nominated for a second term as chair, is confronting a complicated economic moment as he moves toward another four-year stint as head of the world’s most powerful central bank. He provided his latest thoughts on the Fed’s challenge during his confirmation hearing before the  

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    Chip and Joanna Gaines’ Magnolia Network pulls ‘Home Work’ from lineup amid accusations of shoddy work

    Check out what’s clicking on FoxBusiness.com. The launch of Chip and Joanna Gaines’ Magnolia Network was marred by controversy after the stars of one of its original shows were criticized for performing shoddy home improvement work. “Home Work” follows Utah-based couple, Andy and Candis Meredith, and their blended family of nine as the two tackle renovation projects for clients’ homes and rental properties. The duo previously hosted “Old Home Love” on HGTV. But on Saturday, a spokesperson at the Magnolia Network confirmed to FOX Business the show has been removed from its lineup after some of the clients of the  

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    As Omicron uncertainty mounts, return-to-office plans are being revised again.

    Bridgewater, the world’s biggest hedge fund, named two new chief executives on Monday after David McCormick, the current chief, told employees he would step down to consider a run for the U.S. Senate. Nir Bar Dea, the deputy chief executive of Bridgewater, and Mark Bertolini, a Bridgewater board member and former chief executive of Aetna, will now lead the hedge fund jointly. Mr. Bar Dea, 40, is relatively unknown in the investing world. He joined the Westport, Conn., firm in 2015 and was elevated to the No. 2 role last February as part of a broader leadership shake-up. A  

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    NASCAR walks back ‘Let’s Go Brandon’ sponsorship approval, Brandon Brown spokesperson says

    ‘Gutfeld!’ host and panel discuss Southwest Airlines drama after pilot broadcasts anti-Biden chant. NASCAR is walking back its approval of driver Brandon Brown’s sponsorship with LGBcoin after initially approving the deal, according to Brown’s spokesperson. Brandonbilt Motorsports announced its partnership with LGBcoin on Dec. 30, and said that the cryptocurrency meme coin’s logo would be displayed on Brown’s Chevrolet Camaro for all 33 races of the NASCAR Xfinity Series. The coin’s website proudly reads “Let’s Go Brandon!” However, Brown’s spokesperson Maxwell Marcucci told FOX Business that NASCAR pulled back its approval of the sponsorship deal on Dec. 30, after the  

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    Amazon’s Alexa tells 10-year-old child to touch penny to exposed plug socket

    However, the voice-enabled assistant recently gave some dangerous advice to one user that went viral on social media. According to a tweet posted by Kristin Livdahl, Alexa told her 10-year-old child to touch a penny to an exposed plug socket. “My 10 year old just asked Alexa on our Echo for a challenge and this is what she said,” Livdahl tweeted on Sunday. Livdahl shared an image of Alexa’s response after her child asked the device for a challenge. “Here’s something I found on the web. According to ourcommunitynow.com: The challenge is simple: plug in a phone charger about halfway  

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    The housing market was on a wild ride this year. Here’s what to expect in 2022

    Many prospective buyers left the market dejected and without a home to call their own. As a result, demand for rentals surged and rents went up across the country. “It was an insane year,” said Matt Holm, an agent with Compass in Austin. Last January, he put a smaller five-year-old home on the market at $425,000, higher than comparable sale prices, and was flooded with offers. “I stopped counting at 35 offers,” he said. The home sold for $545,000, a 30% increase over the list price. Another buyer, who bought a lakefront luxury home for $6 million in 2020, was  

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