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FTX founder Sam Bankman-Fried is facing U.S. criminal charges Tuesday after being arrested in the Bahamas.

FTX founder Bankman-Fried charged in US, new CEO calls him ‘unsophisticated’
While overall prices are still running hot, consumer inflation slowed to 7.1% in November, providing a better-than-expected result.

Inflation cools more than expected, consumer prices rise 7.1% for year
ChatGPT can understand human input and respond with lifelike text. We have some jobs it could replace in this week's Five for Friday.

5 jobs ChatGPT, the AI taking the internet by storm, could replace
People in China are finally feeling freedom from the country’s rigorous COVID-19 protocols. But a winter surge could change everything.

China’s COVID reopening will drag on growth, could cause 1 million deaths
Meta is finding itself in multiple crosshairs at the same time this week, from the U.S. to the E.U. to its own oversight board.

Meta facing scrutiny from FTC, EU and oversight board

Biden touts CHIPS Act success with $40B Arizona semiconductor investment
According to a report, Apple is speeding up plans to shift some production out of China following violent protests at its most important production plant.

Apple losing appetite for China, plans to move some production elsewhere
Post pandemic and despite inflation, Nevada is on track to break the single-year gambling revenue record set last year.

Nevada’s hot streak: Gambling revenue tops $1 billion for 20 straight months
The World Cup is highlighting some of the top-paid athletes in sports. Here are the five highest paid soccer stars in Five For Friday.

Ronaldo, Messi among World Cup’s top-paid soccer stars but not No. 1
The deadline on impacts of a looming rail strike is barreling down the stretch quicker than some may realize.

Rail strike impacts effectively start this weekend as Congress rushes to avert
Protests are sparking up all over China in widespread resistance to the Chinese Communist Party unprecedented since Tiananmen Square in 1989.

China protests mark rebellion unseen in decades, direct challenge to Xi
Being touted as "the next" big billionaire can sometimes be a curse, so here are billionaires who joined Bankman-Fried and Holmes in infamy.

Bankman-Fried, Holmes not the only infamous billionaires to get busted
Videos circulating on social media show a violent clash at the world’s biggest iPhone production plant, Foxconn, in Zhengzhou, China.

Violent protests in China rock world’s largest iPhone factory
The Labor Department is clearing a path for people to consider climate change and other ESG factors when choosing retirement plans.

Biden administration reverses Trump-era rule on ESG retirement investments
Embattled and bankrupt, cryptocurrency exchange FTX said it owes its top 50 creditors more than $3 billion.

FTX books a ‘complete failure’, investors did ‘little homework’ with billions owed
In a stunning shakeup, Disney gave CEO Bob Chapek the boot and brought back his popular predecessor, Bob Iger, to steer the ship.

From ‘right leader’ to fired in 5 months: Why Disney ousted Chapek for Iger
Americans are expected to bet a record $1.8 billion for the 2022 FIFA World Cup, making it the most bet-upon soccer event ever in the U.S.

Americans will bet record $1.8 billion on 2022 FIFA World Cup: gambling authority
High profile celebrities like Tom Brady and Shaquille O'Neal are named defendants in a class action lawsuit against FTX.

Tom Brady, Shaquille O’Neal, 9 other celebs sued in FTX class action
A slowdown in consumption has created a new problem, a lot of shipping containers. Here are some ways they are being used in Five for Friday.

From World Cup stadium to housing, 5 ways to repurpose shipping containers
It's the most critical time of the year for retail stores but Target isn't feeling the holiday cheer. Still, other indicators show shopping strength.

Retail results a mixed bag before hottest shopping week of year
Will the dramatic collapse of FTX cause changes in cryptocurrency regulation? Some are comparing it to the fall of Lehman Brothers and Enron.

FTX catastrophe could be turning point for cryptocurrency regulation
China's Singles' Day puts Black Friday and Cyber Monday to shame, but for the first time, Alibaba failed to disclose sales data for the event.

China’s Alibaba keeps sales results secret from Super Bowl of shopping days
Embattled cryptocurrency exchange FTX filed for bankruptcy protection Friday after a week of catastrophic hits to the platform.

How FTX went from crypto giant to bankrupt and under investigation
Consumer prices in October rose 7.7% from a year ago, the lowest annual gain since January 2022. That's below analyst expectations of 7.9%.

Inflation eased more than expected, consumer prices increase 7.7% on year