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Trump Media announces merger with fusion power company
Trump Media announces merger with fusion power company
by  AFP

Trump Media & Technology Group, the struggling company that owns the US president's Truth Social platform, announced Thursday a $6 billion merger with fusion power company TAE Technologies, in an unexpected pivot into energy technology. TAE Technologies, founded in 1998, says its fusion technology could provide abundant electricity to power AI infrastructure.

US consumer inflation cools unexpectedly in November
US consumer inflation cools unexpectedly in November
by  AFP

US consumer inflation slowed unexpectedly in November, delayed government data showed Thursday, although levels remained higher than earlier in the year before President Donald Trump's tariffs flowed through the economy.

Bank of England cuts interest rate after UK inflation slides
Bank of England cuts interest rate after UK inflation slides
by  AFP

The Bank of England cut its key interest rate to 3.75 percent on Thursday after UK inflation eased faster than expected and as the economy weakens. The central bank last cut its key interest rate in August amid concerns over the impact of US tariffs on the UK economy.

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