Rate hike benefits, grocery price freezes and Elon Musk’s Twitter: Must-read business and investing stories

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and the damage done to your personal finances lingers. As Rob Carrick explains, “Inflation is like an up escalator that usually runs in an orderly way,” and lately that escalator has been running fast. “High interest rates will slow the inflation escalator, but they’re unlikely to stop it altogether.” So temporary price store freezes could help slow inflation, but at the same time, grocers are locking in the price hikes we’ve seen in the past 18 months.

, accusing them of misleading him and Twitter investors over the number of fake accounts on the platform. The Tesla CEO also tweeted “the bird is freed” after completing his $44-billion acquisition, referencing Twitter’s bird logo in an apparent nod to his desire to see the company have fewer limits on content that can be posted. Mr. Musk first mentioned his desire to buy the social-media company back in April, after revealing he had a 9.

 

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Nothing on the Liberals interference into the NS mass shooting? The recordings?

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