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Gold
4274.11
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57.660
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155.562
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Real-time News
The Federal Reserve Board of Governors unanimously voted to reappoint 11 presidents of the Federal Reserve Banks for five-year terms, beginning March 1st of next year. Atlanta Fed President Bostic had previously announced that he would retire when his term ended in February of next year.The Federal Reserve Board of Governors has reappointed the regional Fed presidents of the system, with the unanimous consent of all seven members of the Board.December 12th - According to data from Cox Automotiv, despite Tesla (TSLA.O) launching a cheaper version of its best-selling electric car, the companys sales in the US fell to their lowest level in nearly four years in November. US electric vehicle sales have been generally hampered since the Trump administration revoked the $7,500 federal tax credit at the end of September. In response to declining demand, Tesla launched simplified configurations of the Model Y and Model 3 in October, priced approximately $5,000 lower than the previous base models. While demand for the standard versions was expected to support November sales, Cox data shows that Teslas total sales for the month still fell by nearly 23% year-over-year, from 51,513 vehicles in the same period last year to 39,800 vehicles, the lowest level since January 2022.Cox Data: Despite Tesla (TSLA.O) launching the cheaper Model Y and Model 3, its sales in the U.S. fell to a near three-year low in November.Multiple sources familiar with the matter said that private equity firm Carnelian Energy Capital is preparing to sell its six oil and gas production investments in North America.
