Tesla CEO Elon Musk’s attempt to have his $56 billion compensation package restored has been denied.
Lack of regulation on corporate pricing power contributes to inflation in the US.
Powell expresses confidence that the Federal Reserve will maintain its independence during the Trump administration.
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UK economy experiences consecutive declines in October for the first time since 2020.
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Fed reduces rates by 0.25%, revises 2025 rate cut projections downward.
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