World Business Report

In his first speech at Jackson Hole as Federal Reserve chairman, Kevin Warsh said that while inflation readings had looked better than expected over the summer, they did not show that the current picture had “meaningfully improved”. The new Fed boss stressed that his remarks should not be treated as a guide to future interest rate decisions, but his comments suggest rates could be raised if policymakers believe inflation is too high. The latest figures showed prices rose 3.4% in the year to July, above the Fed’s 2% target.
And more than 80 British actors and vocal artists are calling for stronger legal protection against AI clones of their voices. They’ve signed an open letter calling on the Prime Minister to give everyone in the UK a legal right to own their voice.

They warn cyber-attacks which use AI will become both more widespread and more sophisticated in a matter of months as the technology rapidly improves.
UEFA is preparing criminal legal action against the President of FIFA, Gianni Infantino.
And a barrel of single malt scotch whisky bought in 1971 for $175 has been valued by auctioneers at $370,000.

More oil is making its way through the Strait of Hormuz, despite the continuing war with Iran, with Kuwait and Qatar among the Gulf producers finding new ways to keep supplies moving.
Could tighter restrictions on Facebook and Instagram actually make children safer online? A former Meta engineering director and whistleblower says changes agreed in a multibillion-dollar US settlement won't go far enough.
And Forbes Russia has named Wildberries founder Tatyana Kim the country's wealthiest woman, despite Ukrainian attacks on the company's warehouses.

The Facebook and Instagram owner was accused by several US States of having addictive products that harm children.
Shares in US chip designer Nvidia rise in after hours trading after its 2 quarter results beat market expectations. It remains the world's most valuable company.
And we hear about the amazing business acumen of the country music star Dolly Parton who died yesterday.

Meta, the parent company of Facebook and Instagram, has agreed to an $18bn settlement with 29 US states over claims that its platforms harmed children.
The deal, which is subject to court approval, would require Meta to introduce new rules for teenage users, including daily limits and overnight blocks.
The collapse of what was once one of China’s biggest property developers is now threatening to become a multi-billion-dollar headache for PwC. A Hong Kong judge has ruled that Evergrande’s liquidators can pursue PwC’s global organisation, as well as its Chinese affiliates, over alleged audit failings. They’re seeking around $8.4bn in damages.
And Dolly Parton, one of country music’s biggest stars, has died aged 80. She sold more than 100 million records during a six-decade career, while building a business empire spanning music publishing, film, television and her Dollywood theme park.