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BREAKING: The Fed raised rates by 50 basis points to a 4.25% to 4.5% target range https://t.co/rfiHgSWGJu https://t.co/nWGjB2mxh2

Twitter took down the account that tracks Elon Musk's jet, but the ones tracking Mark Zuckerberg and other celebrities are still up and running https://t.co/7tIapzeP1P

Breaking news: Goldman Sachs is considering shrinking the bonus pool for its more than 3,000 investment bankers by at least 40% this year https://t.co/r6aMGl69ex https://t.co/ZxUjN461ui

“We understand the hardship that high inflation is causing,” Fed Chair Powell says, adding: “Today, the FOMC raised our policy interest rate by 0.50%… to return inflation to 2% over time.” https://t.co/Tsjbd4UFDu

Bloomberg 50: Gabriel Boric is the world’s youngest national leader and Chile’s voice on the global stage https://t.co/1o0gIKQnaV

NEW: Fed Chair Powell said there will not be any rate cuts until the Fed is confident inflation is moving toward 2% https://t.co/7GZ0Fp2tN5 https://t.co/bxbjXXku7A

The college student tracking Elon Musk's jet lashes out after Twitter bans his account. He says he'll keep posting. https://t.co/9mzMTo5Zo4

WATCH: The Austrian Mint, one of the world's oldest and biggest producers of gold bullion coins, is unable to keep up with demand as people rush to find a safe haven for their money amid surging inflation and economic fears caused by war in Ukraine https://t.co/ZZTxqpot0A https://t.co/jYadSewneg

Breaking news: The Federal Reserve raised its benchmark policy rate by half a percentage point and signalled its intention to keep squeezing the US economy next year, as central banks enter a new phase in the battle against inflation https://t.co/6BkNYC0hF7 https://t.co/7diCjzalf4

European Commission attacks Italy’s support for cash transactions https://t.co/Kb9Z5T7Q1g

The UK government is set to announce plans to ban single-use plastic cutlery in England in an effort to protect oceans https://t.co/6E0dT187Rv

When most food services shut down because of COVID-19, it caused a chain effect and hit the potato-farming industry hard https://t.co/ELZWW7fDpH

Will AI replace human workers? New tools such as ChatGPT and Stable Diffusion could disrupt creative and knowledge industries. https://t.co/KZhilLa0Zj https://t.co/iM50RcKVXw

What is going on with retail sales??

We’re a brick and mortar retail company with two locations. My companies sales were trending up all year until early/mid November and when we started trending down. Last week was our slowest week in a bit and this week looking slower again. Anyone else noticed a decrease in sales lately? I’m so confused by the sudden change.

“With today’s action we have raised interest rates by 4.25% points this year,” Fed Chair Powell says. “We continue to anticipate that ongoing increases in the target range for the federal funds rate will be appropriate.” https://t.co/5o3tuPagBW