December Inflation Rises, Bank Earnings Soar, SEC Takes Action Against Musk

Reported about 6 hours ago

In December, the Consumer Price Index reported a 0.4% monthly and 2.9% annual increase in prices, aligning with economic forecasts. Major banks including JPMorgan, Citigroup, Wells Fargo, and Goldman Sachs announced strong earnings, boosting their stock prices. Meanwhile, the SEC has filed a lawsuit against Elon Musk for allegedly misleading shareholders regarding his Twitter share purchases.

Source: YAHOO

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