Consumer Inflation Data Fuels Rally, SBF Arrested and Indicted, Boeing CEO on Huge United Order 12/13/22

Published: Dec. 13, 2022, 3:50 p.m.

b"Carl Quintanilla, Jim Cramer and David Faber led off the show with cooler-than-expected inflation data sparking a rally on Wall Street: The November Consumer Price Index rose 7.1% year-over-year, fueling hopes that tomorrow's Fed decision will result in a less aggressive interest rate hikes. The anchors discussed the big news surrounding Sam Bankman-Fried: After being arrested in the Bahamas at the request of the U.S., the founder and former CEO of FTX was hit with an eight-count federal indictment, with charges including wire fraud and conspiracy. The SEC charged Bankman-Fried with defrauding investors in FTX. Boeing CEO Dave Calhoun joined the program to discuss United Airlines making the biggest 787 Dreamliner order in Boeing's history."