Elon Musk to co-lead government efficiency department, CPI data released

From Investing.com: 2024-11-13 03:49:38

US stock futures dipped lower on Wednesday following a post-election rally pause. Investors await the release of the US consumer price index for insights on inflation ahead of the Federal Reserve’s meeting in December. Elon Musk is chosen by President-elect Donald Trump to co-lead a new department focusing on government efficiency. Meanwhile, Spotify forecasts better-than-expected profits for the upcoming quarter, and oil prices rebound slightly after OPEC cuts global oil demand growth forecasts. The International Energy Agency is set to release updated forecasts on Thursday.



Read more at Investing.com: Musk to co-lead government efficiency department; CPI data