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Bloomberg Daybreak

US Core PCE Rises 0.2%, Consumer Spending Soars in August

1 month 1 week ago
The personal consumption expenditures price index, the Federal Reserve’s preferred measure of inflation, increased 0.3% from a month earlier. Excluding food and energy, the PCE price index rose 0.2%. US consumer spending rose in August at the fastest pace in over a year, helping to power the economy through persistent inflation. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)

Stocks Waver Ahead of PCE, Micron; Mideast Oil Flows Rebound; Trump Backs Outside AI Audits

1 month 1 week ago
US equity futures waver ahead of PCE inflation data and Micron earnings. Oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to JPMorgan and Goldman Sachs. President Trump endorses independent audits of AI systems through an accord with tech executives. Mads Pedersen of Human Edge Investment Technology joins "Bloomberg Brief" to discuss bond market risks ahead of key economic data. (Source: Bloomberg)

BofA’s Blanch on Global Impact of a US Diesel Export Ban

1 month 1 week ago
Francisco Blanch, commodities and derivatives research head at BofA Securities, explains what a US diesel export ban could mean to domestic prices and the global market. Blanch says there are three considerations the Trump administration needs to weigh before enacting a ban. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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