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How one Brazilian judge could suspend Elon Musk's X

It's a showdown between the world's richest man and a Brazilian Supreme Court justice.

The justice, Alexandre de Moraes, has threatened to suspend social media giant X nationwide if its billionaire owner Elon Musk doesn't swiftly comply with one of his orders. Musk has responded with insults, including calling de Moraes a "tyrant" and "a dictator."

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Eurozone inflation falls to three-year low in August

The eurozone's annual rate of inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday.

Consumer prices slowed to 2.2 percent in August from 2.6 percent in July this year. The rate was the lowest since July 2021 and in line with expectations by analysts surveyed by FactSet and Bloomberg.

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German inflation falls below 2% for first time since 2021

German inflation slowed to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month.

The annual inflation rate in Europe's biggest economy eased more than expected to 1.9 percent, preliminary data from federal statistics agency Destatis showed, down from 2.3 percent in July.

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