Business and finance · Last ranked in Atlanta
Ted Lieu@tedlieu
October PPI rises 6.5% YoY, the highest in 4 years. And what are trump and Republicans focused on? Naming stuff after trump, from coins to passports to buildings. That’s why the American people punished them at the ballot box. Will trump and GOP listen to the American people?
Shay Boloor@StockSavvyShay
Markets are now pricing roughly a 90% chance of a 25-basis-point Fed rate hike in December. This comes after October PPI inflation rose to 6.5% which was its highest level since November 2022.
Coin Bureau@coinbureau
TODAY: 🇺🇸U.S. stocks RETRACED their early gains within 30 minutes of the market open. Stocks opened SLIGHTLY higher after October PPI rose 0.3% month over month, below the 0.4% forecast, and while $NVDA recovered some recent losses during pre market. The indexes then PULLED…