Amazon and Bitcoin, crypto tips, and beyond the Magnificent 7: Markets news roundup

Inflation accelerated slightly in November ahead of the Federal Reserve’s last interest rate decision of the year.

The Consumer Price Index (CPI) rose 0.3% in November, raising the annual inflation rate to 2.7%, the Bureau of Labor Statistics reported Wednesday. That was still in line with Wall Street expectations, according to estimates compiled by FactSet (FDS).

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