Stock Market Winners & Losers: S&P 500 Rises After Inflation Report Meets Expectations| Global Sporting Events Will Bring $1.4B to SF Bay Area | Snoop Dogg Gave His Daughter $1M for Her Wedding
The S&P 500 rose after November’s inflation report aligned with projections at 2.7%, fueling expectations for another Federal Reserve interest rate cut in December. Gas prices are dropping, with the national average expected to hit $3.01—the lowest since 2021, and some areas in Texas seeing prices as low as $2.30.
The Bay Area anticipates a $1.4 billion economic boost from hosting the NBA All-Star 2025, Super Bowl LX, and FIFA World Cup 2026. These events are expected to draw 500,000 visitors, create nearly 13,000 jobs, and generate 400,000 local accommodation bookings.
Snoop Dogg surprised his daughter with $1 million for her wedding, advising her to spend wisely: 10% on fun and 90% saved for the future. His advice underscores the importance of prioritizing financial stability after a windfall, such as a tax refund, bonus, or lottery win, and encourages using it for goals like buying a home or paying off debt.
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