Breaking News
Dec 15, 2022
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Tesla CEO Elon Musk sold 22 million shares for $3.6 billion this week between Monday and Wednesday and accelerated 2022 stock sale to $23 billion, according to regulatory filings.
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Lennar Corp said revenues in the fiscal Q4 rose 21% to $10.2 billion and net income increased to $1.3 billion or $4.55 a share from $1.2 billion or $3.91 a share in the quarter a year ago.
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Eurozone industrial output declined for the first time in three months after rising for two months in a row. Output fell 2.0% in October from September, Eurostat said Wednesday.
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Italy's seasonally adjusted jobless rate eased slightly to 7.9% in the third quarter from 8.1% in the second quarter, the statistical office Istat said Wednesday.
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U.K.'s consumer price inflation slowed to 10.7% in November from 11.1% in October after transportation costs rose at a slower pace and monthly pace slowed to 0.4% from 2.0%, the ONS said Wednesday.
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Spain's consumer price inflation slowed to 6.8% in November from 7.3% in October and continued to ease for the fourth month in a row after peaking at 10.8% in July, the INE reported Wednesday.
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U.S. import prices declined 0.6% in November and export prices eased 0.3% from the previous month, the fifth monthly fall in prices in a row, the U.S. Bureau of Labor Statistics said Wednesday.
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The Federal Reserve lifted its key lending rate range by 50 basis points to between 4.25% and 4.50% in an unanimous decision, following a four 75 basis point rate increases in a row.
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The S&P 500 index gyrated after the Federal Reserve lifted its key lending rate to the highest level not seen in fifteen years and indicated it will take time before price stability returns.
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United Airlines said it plans to purchase 100 787 Boeing Dreamliners and 100 Boeing 737 Max jets as the company replaces its aging fleet. The order is worth $43 billion at list prices.
Dec 14, 2022
Dec 13, 2022