Alex Morris, president and chief investment officer with F/M Investments, joined Cheddar News to discuss Wednesday's trading session as stocks climbed amid optimism over a potential debt ceiling deal just days ahead of a deadline.
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Stocks Jump After Latest Inflation Data
Stocks jumped after the latest consumer price index report showed inflation cooled last month.
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Exxon Mobil Is Drilling for Lithium in Arkansas and Expects to Begin Production by 2027
Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
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Hyundai said Monday it will raise factory worker pay 25% by 2028, matching the general wage increase won by the UAW during that period.
October CPI Data Will See Changes in Health Insurance Costs
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
Emirates Airline Places $52B Order for Boeing Aircraft
Emirates has placed a $52 billion order for additional Boeing aircraft.
