Why Economists Are Urging Caution About November’s Inflation Report

P.M. Edition for Dec. 18. Inflation eased to 2.7% in November, lower than economists expected. WSJ’s Chao Deng explains why they are taking the report with a grain of salt. President Trump’s media company and a fusion energy company announced a merger valued at $6 billion. Read more about the Trump family’s growing business empire. And WSJ security reporter Benoit Faucon discusses what the attack at Sydney’s Bondi Beach reveals about the threat posed by ISIS. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.