Business Update

The president promoted his economic accomplishments in a defiant address. But some voters are feeling the pinch of stubborn inflation and a cooling labor market. Source link

Trump Media & Technology Group, the social media and crypto company part owned by President Trump, said it would help develop a “utility-scale fusion power plant.” Source link

The Federal Reserve will get an updated read on U.S. inflation on Thursday with the release of last month’s Consumer Price Index. Source link

Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living. Source link

In Manhattan and across the country, restaurants are trotting out ever-pricier dishes and luxury upgrades to meet the demand from affluent diners. Source link

Meg O’Neill of Australia’s Woodside Energy will lead the London energy giant, replacing Murray Auchincloss, who will exit after less than two years in the role. Source link

Beijing is using its messaging tools to show off its prowess at building infrastructure and project power, taking advantage of what it says is “deep anxiety” in U.S. policies. Source link

Israel’s granting of an export permit is the final step to allow the deal, first announced by energy companies in August, to proceed. Source link

Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and two other executives have already pleaded guilty to related charges. Source link

The Academy of Motion Picture Arts and Sciences said that it had reached a deal with YouTube for exclusive rights to the show starting in 2029. Source link