President Biden welcomed President-elect Donald Trump back to the White House on Wednesday, where the two shook hands in the Oval Office. President-elect Donald Trump announced new cabinet picks, selecting Florida Rep. Matt Gaetz as Attorney General, Florida Sen. Marco Rubio as Secretary of State, Tulsi Gabbard as Director of National Intelligence and Pete Hegseth as Defense Secretary. After months of cooling, inflation ticked up in October, rising 2.6% from September. The main driver was housing costs, with rents climbing nearly half a percent.

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