Inflation Slows, Stocks Rise, and Walmart Pulls Ads from Musk's X

New US rules could limit EV tax credits, Pfizer abandons obesity treatment, and Meta combats fake accounts

Inflation is slowing steadily, but it's too early to discuss when the Federal Reserve might cut interest rates, according to Chair Jerome Powell.
Stocks gained ground on Wall Street, marking the fifth straight week of gains.
New US rules could make it harder for electric vehicle buyers to claim a full $7,500 federal tax credit if they purchase cars containing battery materials from China and other countries considered hostile to the US.
Pfizer is abandoning a twice-daily obesity treatment after more than half the patients in a clinical trial stopped taking it.
Walmart has pulled its advertising from Elon Musk's social media company, X, amid concerns about hate speech.