Inflation relief checks live online: Consumer price index (CPI), crypto crash, tech layoffs, inflation

Headlines: Friday, 11 November 2022

– FTX cryptocurrency exchange files for bankruptcy with billions of dollars at risk

– 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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