US Core CPI Picks Up, India, China Build Ties | Bloomberg Businessweek Daily 8/12/2025

/ 3 hours ago August 12, 2025

From Bloomberg Markets and Finance.

On today’s episode of Bloomberg Businessweek Daily with Carol Massar and David Gura, Bloomberg’s Mike McKee and Pooja Sriram, Vice President of US Economics Research at Barclays react to the latest core CPI data. Bloomberg News AI Editor Seth Fiegerman breaks down Perplexity’s offer to acquire Google Chrome. Shehzad Qazi, Chief Operating Officer and Managing Director of China Beige Book, and Bloomberg Economics Geo-Economic Analyst for Latin America Jimena Zuniga discuss the global reaction to Trump’s tariffs. Finally, Bloom Energy CEO KR Sridhar, talks about how AI demand is boosting the need for energy.

Chapters:
00:00:00 – Bloomberg Businessweek Daily Starts
00:04:24 – Mike McKee and Barclays’ Pooja Sriram Talk US Core CPI Picking Up on Services, Stephen Miran Saying Inflation ‘Well Behaved’
00:13:35 – Seth Feigerman on Perplexity Making Unsolicited Bid for Google Chrome, AI Companies Renewing Interest in Web Browsers
00:21:51 – China Beige Book International’s Shehzad Qazi and Jimena Zuniga Discuss XI Taking Aim at US ‘Protectionism’ as Trump Extends China Truce
00:35:00 – Bloom Energy CEO KR Sridhar on Delivering Power to Oracle Data Centers, AI Powering a Green-Tech Surge
00:47:10 – Norah Mulinda with Stocks on the Move
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