Headlines: Friday, 11 November 2022
– FTX cryptocurrency exchange files for bankruptcy with billions of dollars at risk
– Bitcoin plummeted nearly $1,000, after shaky trading slowly climbs back to $17,000 mark
– Inflation fell to 7.7% in October, new CPI report shows
– US stocks rally on inflation report, recording sharpest rise since 2020
– Collapse of cryptocurrency exchange FTX sends Bitcoin price tumbling
– Elon Musk warns Twitter could face bankruptcy after announcing mass layoffs
– Biden hails CPI report: “My economic plan is showing results“
– Inflation rate falls from 8.2% in September, a 0.5-point drop
– Two states voted to increase their minimum wage
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