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US July Core CPI Rises 0.2%, Easing Pressure on Fed

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The US consumer price index rose by 0.2% which was bang in line with forecasts. Prices rose by 2.5% from a year earlier, matching the slowest pace since March 2021. Energy, gas and grocery prices all fell on the month. This likely eases pressure on the Federal Reserve to raise interest rates. Michael McKee reports.
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Trump’s H-1B Chaos Fuels Indian Startup Dreams

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Trump’s overhaul of the US visa system for highly skilled immigrants is undergoing its first major test. If the $100,000 bar inspires foreign-born tech workers to leave the US…or not to come at all. Bloomberg’s Saritha Rai finds India is well positioned to benefit.
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Musk’s SpaceX Files Publicly for Nasdaq IPO

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SpaceX filed publicly for its initial public offering, moving Elon Musk’s rocket, satellite and artificial intelligence company a step closer to delivering the world’s biggest-ever debut. Ed Ludlow has more.
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Meta Debuts Lightweight $1,299 VR Glasses

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Meta is expanding its smart-glasses lineup with its first camera-free models, support for the new Muse assistant and a new hearing-aid mode. And the new lightweight VR headset promises to reset the category, explains Mark Gurman.
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India Voter Roll Protests Escalate as Opposition Ramps Up Pressure

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Protests over India’s voter roll overhaul are showing little sign of fading. Bloomberg’s Government Reporter Sudhi Ranjan Sen explains why the CJP and opposition parties are intensifying pressure on the Election Commission and what the demonstrations could mean for the government.

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Boeing Will Suspend 737 Max Production in January

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Dec.16 — Boeing Co. will temporarily halt production of the grounded 737 Max in January, the Wall Street Journal has reported. Bloomberg Intelligence’s George Ferguson discusses the pause on “What’d You Miss?”

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