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Inflation rose 6.4% in January

The latest read on consumer prices showed a mixed bag presenting more challenges for Federal Reserve Chair Jerome Powell as the central bank looks to combat high inflation.

Disney proxy fight over for Iger, Nelson Peltz claims victory

Activist investor Nelson Peltz of the Trian Group has announced the of his proxy fight with the Walt Disney Co and CEO bob Iger after the entertainment company unveiled restructuring plan that included cost cuts and 7,000 layoffs.