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CPI, consumer sentiment reports, earnings season and more: Monday's 5 things to know

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The Bureau of Labor Statistics is expected to report the CPI jumped 0.7% month-over-month in October, the third month of accelerating growth.

Earnings to watch after the bell will include Activision Blizzard, Diamondback Energy, Groupon, Lyft, SmileDirectClub, Take-Two Interactive, Tripadvisor and Virgin Orbit.according to reports, is expected to lose about $2 billion when it sells an oil field off the coast of California, where an oil spill halted operations in 2015.

The deal between Flores and Exxon is that he must restart operations at the Santa Ynez field by 2026 or face Exxon taking back the operations, Reuters reported. The bankruptcy estate’s reorganization plan took effect on Oct. 29, signaling an end to Chapter 11 and the start of a liquidation process for its remaining assets.

 

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