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Inflation edges lower in November as the Fed holds its final meeting of the year. And American stores are shrinking as consumer shopping habits change.

People are shopping less frequently in enclosed malls and in large department stores.

They're preferring to shop closer to home, whether that's a shopping center that they can drive

too quickly from their house or other areas closer to home. Plus President Biden and

Israeli Prime Minister Netanyahu clash over Gaza's post-war future.

It's Tuesday, December 12th.

I'm Sabrina Siddiqui for the Wall Street Journal

sitting in for Anne-Marie Fertoli.

This is the PM edition of What's News,

the top headlines and business stories that move the world today.

Inflation held roughly steady in November. Price increases for housing,

transportation and some other services were mostly offset by cost declines

for gasoline and long-lasting goods.

...