Economy
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Fed's key inflation measure shows highest jump since October 2023
Despite high inflation rates, consumer spending was higher than expected. Personal income also beat forecast.
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As SpaceX shares drop, Elon Musk loses trillionaire status
Shares of SpaceX were down to $155 on Wednesday, and Musk was $6 billion poorer than he'd been when SpaceX debuted earlier this month.
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Tech selloff sends stock futures tumbling as concerns over AI buildout costs mount
The tech-heavy Nasdaq100 fell more than 2% on Tuesday. In premarket trading, Alphabet, Nvidia and Oracle were considerably lower.
