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

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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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Apple Names Ternus as Next CEO, Cook to Become Chairman

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Apple has named hardware chief John Ternus as its next leader, with Tim Cook shifting to the role of executive chairman. Ternus …

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Tesla shareholders approve $1 trillion pay package for Musk

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trillion — that’s how much Tesla shareholders approved as a compensation package for Elon Musk. It’s the largest payout ever …

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Shots Fired at White House Correspondents’ Dinner, Suspect in Custody

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The suspect in the shooting during the White House Correspondents’ Dinner has been identified as Cole Allen and is in custody.

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Stocks Hit Record Close Ahead of Busy Earnings Week | The Close 4/27/2026

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the …

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Goldman CIO on the Warp-Speed Improvements in AI

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With AI capabilities advancing at an unprecedented speed, how are companies adapting to the rapidly changing landscape?

Goldman Sachs Chief Information Officer Marco Argenti joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss what AI deployment at the bank actually looks like.
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