Stock Markets Today: Federal Reserve, iPhone Factory, Oil Markets, Bill Ackman – Bloomberg

Nestle to Invest $1.9 Billion in Saudi Arabia Over Next Decade
ECB’s Schnabel Signals It May Be Too Soon to Slow Rate Hikes
Latest Jumbo Hike Puts South African Rates at Five-Year High
Zimbabwe to More Than Double Spending in 2023
Commonwealth Finds No Brexit Benefit When It Comes to UK Visas
Fallen Billionaire Steps Down as CEO of Troubled EV Startup
Retailer Offers Shoppers Cash for Brazil’s Goals at World Cup
Twitter Loses Entire Brussels Office With Regulators Looming
Mercedes Unveils $1,200 Annual Subscription to Make Its Cars Go Faster
Hungary to Back Finland and Sweden NATO Bids in 2023, Orban Says
Hungary Downplays Impact of Reports EU is Set to Delay Funds
Can Jedi Mind Tricks Sell a £16 Million Home in London?
Fidelity to Join Mutual Fund-to-ETF Club With $430 Million Flip
High-flying Balloon Characters Star in Thanksgiving Parade
Embolo Scores, Doesn’t Celebrate as Swiss Win At World Cup
Middle Managers Deserve Our Thanks
Uranium Primed for a Renaissance If West Bans Russian Supplies
Wirecard Short Seller Meets UK’s Housing Crisis
The Robot Tractors Are Coming, Just as Soon as We Crush a Few Bugs
Elon Musk Keeps Quoting Elon Musk About His Genius
Crypto’s Crash Is Helping a Few Couples Rekindle Their Relationships
A Powerful New Tool for Fighting Unequal Pay in the City
Singapore Gig Workers to Get More Benefits, Won’t Be Employees
Germany Sets Windfall Tax at 90% for Clean Power Generators
Fallen Billionaire Steps Down as CEO of Troubled EV Startup
A Skyscraper in Jakarta Offers Lessons for Quake-Prone Indonesia
CityLab’s 2022 Holiday Gift Guide
Recycling Our Cities, One Building at a Time
Revisiting the “Magic Money Box” After the FTX Collapse
Apollo Plans to Offer a New Fund on Blockchain With Fintech Figure
After FTX’s Collapse, Is Bitcoin Still Heading Into an Ice Age? (Podcast)
Get up to speed with what the markets are monitoring
Richard Henderson
Good morning. The Fed decelerates, the largest iPhone factory pays workers to leave and Bill Ackman bets against the Hong Kong dollar. Here’s what people are talking about.
Most Federal Reserve officials believe the central banks should slow the pace of interest rate hikes, minutes from its latest gathering earlier this month showed. The minutes, released Wednesday, support expectations the Fed will raise rates by 50 basis points in December, ending a run of jumbo 75 basis point increases. Stocks rallied and the dollar fell toward a three-month low on the news.

source