Funding & Business
Catio wins ‘coolest tech’ award at VB Transform 2025
Catio also announced the upcoming launch of Archie, a conversational, multi-agent AI system.Read More
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US wholesale inflation declined in August for the first time since April as the producer price index decreased 0.1% from a month earlier. From the year before, the PPI rose 2.6%. Michael McKee breaks down the numbers on Bloomberg Television.
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Treasuries rose after a fresh reading on wholesale inflation came in weaker than expected, cementing bets on interest-rate cuts.
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Jim Zelter, president at Apollo Global Management, says the US economy has “legacy inflation issues” and that companies are having a challenging time passing that on to consumers. (Source: Bloomberg)
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