independent agencies of the US government

Key inflation report indicates Fed rate hikes could start to cool prices

Minneapolis CNN Business — A key measure of inflation, wholesale prices, rose 8% in October from a year earlier, according to the latest report from the Bureau of Labor Statistics. Although still historically high, this is the smallest increase since July last year and significantly better than expected. It’s the second inflation report this month …

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Musk’s Twitter may have already violated his latest FTC consent order

CNN — Just two weeks into Elon Musk’s ownership of Twitter, the company may have already breached its consent agreement with the Federal Trade Commission, legal experts have said. If proven, a breach could ultimately result in significant personal liability for Musk, increasing the risks he faces as he stumbles through a quagmire of business …

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