1 00:00:02,279 --> 00:00:04,560 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:04,600 --> 00:00:09,000 Speaker 1: Doug Krisner. We'll begin with today's report on US consumer prices. 3 00:00:09,440 --> 00:00:12,280 Speaker 1: These numbers support the notion of a FED rate cut 4 00:00:12,320 --> 00:00:14,840 Speaker 1: in September. Here's Bloomberg's Nidel Judaice. 5 00:00:15,160 --> 00:00:18,080 Speaker 2: Core consumer prices eased for a fourth month in July, 6 00:00:18,320 --> 00:00:21,400 Speaker 2: rising three point two percent from a year earlier, the 7 00:00:21,440 --> 00:00:25,480 Speaker 2: slowest pace and three years. Apparel and auto costs declined, 8 00:00:25,520 --> 00:00:29,600 Speaker 2: as did airfares. Hospital services posted a record drop. FED 9 00:00:29,640 --> 00:00:33,000 Speaker 2: officials next meet on interest rates in mid September, with 10 00:00:33,120 --> 00:00:36,159 Speaker 2: inflation on a downward trend as the economy shifts in 11 00:00:36,200 --> 00:00:39,320 Speaker 2: a lower gear. Nonetheless, the cost of living is higher 12 00:00:39,320 --> 00:00:43,920 Speaker 2: than before the pandemic hurting many American families. Vinny del Judice, 13 00:00:43,920 --> 00:00:44,760 Speaker 2: Bloomberg Radio. 14 00:00:44,960 --> 00:00:47,280 Speaker 1: Let's move on to Apple, because today we were told 15 00:00:47,320 --> 00:00:50,360 Speaker 1: the company is moving forward with development of a pricey 16 00:00:50,520 --> 00:00:53,800 Speaker 1: tabletop home device. Here's Bloomberg's Mark German. 17 00:00:54,360 --> 00:00:57,880 Speaker 3: It's a robotic neck connected to an iPad. It can 18 00:00:57,920 --> 00:01:01,680 Speaker 3: swivel three hundred and sixty degrees and move up and down, 19 00:01:02,320 --> 00:01:05,279 Speaker 3: move around on top of a table or a desk. 20 00:01:05,560 --> 00:01:08,160 Speaker 3: They're all in on robotics right now. Robotics is the 21 00:01:08,160 --> 00:01:11,479 Speaker 3: next big thing at Apple. They're talking about humanoids. They're 22 00:01:11,520 --> 00:01:13,720 Speaker 3: talking about mobile robots that go around your home. 23 00:01:13,760 --> 00:01:17,000 Speaker 1: Bloomberg's Mark German there now. This new device was envisioned 24 00:01:17,120 --> 00:01:21,440 Speaker 1: as a smart home command center combined with the ability 25 00:01:21,440 --> 00:01:26,000 Speaker 1: to do video conferencing and then our remote controlled home 26 00:01:26,080 --> 00:01:28,720 Speaker 1: security tool. This project, by the way, was approved by 27 00:01:28,800 --> 00:01:32,080 Speaker 1: Apple execs back in twenty twenty two. It's only been recently, though, 28 00:01:32,640 --> 00:01:35,840 Speaker 1: that the project has started to ramp up. The President 29 00:01:35,880 --> 00:01:40,560 Speaker 1: of Columbia University min Saphique has resigned. Safik's departure follows 30 00:01:40,720 --> 00:01:43,720 Speaker 1: months of criticism over her handling of the protest over 31 00:01:43,760 --> 00:01:45,080 Speaker 1: the Israel Hamas war. 32 00:01:45,680 --> 00:01:45,840 Speaker 4: Now. 33 00:01:45,840 --> 00:01:48,120 Speaker 1: In a statement, Shaffique said, it has been a period 34 00:01:48,120 --> 00:01:51,760 Speaker 1: of turmoil where it's been difficult to overcome divergent views 35 00:01:51,800 --> 00:01:56,320 Speaker 1: across the Columbia community. Now, the timing was unexpected, especially 36 00:01:56,360 --> 00:01:58,720 Speaker 1: since the first day of the fall semester is less 37 00:01:58,760 --> 00:02:01,840 Speaker 1: than three weeks away. The World Health Organization has declared 38 00:02:01,840 --> 00:02:05,560 Speaker 1: a fast spreading empo's outbreak in Africa as a global 39 00:02:05,600 --> 00:02:09,480 Speaker 1: health emergency. The WHO is now attempting to contain the 40 00:02:09,520 --> 00:02:13,920 Speaker 1: spread of this potentially deadly virus. Here is WHO Director 41 00:02:13,960 --> 00:02:16,560 Speaker 1: General Tedrose Adenom Gabreus. 42 00:02:16,080 --> 00:02:19,040 Speaker 4: WHI has been working on the mpok's outbreak in Africa 43 00:02:19,160 --> 00:02:22,440 Speaker 4: and raising the alarm that this is something that should 44 00:02:22,520 --> 00:02:27,240 Speaker 4: concern us all. The Emergency Committee met and advised me 45 00:02:27,639 --> 00:02:32,639 Speaker 4: that in its view, the situation constitutes a publical emergency 46 00:02:32,680 --> 00:02:34,040 Speaker 4: of international concern. 47 00:02:34,280 --> 00:02:38,320 Speaker 1: That's WHO Director General tedrose Adenom Gabreeasis at a news 48 00:02:38,360 --> 00:02:42,600 Speaker 1: conference in Geneva. This mutated strain of empocs causes painful 49 00:02:42,680 --> 00:02:46,040 Speaker 1: rashes and lesions. It has spread to at least six 50 00:02:46,120 --> 00:02:50,320 Speaker 1: African countries, infecting about fifteen thousand people and killing more 51 00:02:50,400 --> 00:02:53,960 Speaker 1: than five hundred. Ukraine's top commander says his forces have 52 00:02:54,040 --> 00:02:58,480 Speaker 1: advanced another mile or more into Russia's Kirsk border region, 53 00:02:58,840 --> 00:03:01,359 Speaker 1: and from the Russia side, the Kremlin says it has 54 00:03:01,400 --> 00:03:03,840 Speaker 1: fended off one of the biggest attacks of the incursion 55 00:03:03,960 --> 00:03:06,880 Speaker 1: so far. Here is Bloomberg's Lisa Matteo. 56 00:03:06,840 --> 00:03:10,359 Speaker 5: Visited down about one hundred and seventeen drones, also down 57 00:03:10,400 --> 00:03:13,639 Speaker 5: about four tactical missiles over various regions, and they were 58 00:03:13,639 --> 00:03:17,240 Speaker 5: also on confirmed reports of strikes on other Russian air fields. Now, 59 00:03:17,240 --> 00:03:21,600 Speaker 5: the governor rushes Belgaroon region, which borders northeastern Ukraine announced 60 00:03:21,600 --> 00:03:22,959 Speaker 5: the state of emergency. 61 00:03:23,160 --> 00:03:26,960 Speaker 1: That is Bloomberg's Lisa Matteo, Donald Trump is downplaying the 62 00:03:27,040 --> 00:03:31,240 Speaker 1: significance of the economy as he shifts campaign strategy. More 63 00:03:31,240 --> 00:03:32,480 Speaker 1: from Bloomberg's Ed Baxter. 64 00:03:32,960 --> 00:03:35,520 Speaker 6: Trump has traditionally had an advantage when it comes to 65 00:03:35,560 --> 00:03:39,200 Speaker 6: the economy as an election issue, but campaigning in North Carolina, 66 00:03:39,320 --> 00:03:42,480 Speaker 6: talking about his age, he said they wanted to do 67 00:03:42,560 --> 00:03:45,880 Speaker 6: a speech on the economy. They say it's the most 68 00:03:45,880 --> 00:03:50,040 Speaker 6: important subject. I'm not so sure it is. Then he 69 00:03:50,120 --> 00:03:53,640 Speaker 6: went on to say inflation is the most important, but 70 00:03:53,800 --> 00:03:56,760 Speaker 6: then at it, that's part of the economy. He also 71 00:03:56,760 --> 00:03:59,560 Speaker 6: seemed to change his mind on the Affordable Care Act. 72 00:04:00,080 --> 00:04:02,080 Speaker 2: She goes around saying, well, he's going to get rid 73 00:04:02,120 --> 00:04:04,320 Speaker 2: of the health No. No, I'm going to keep it 74 00:04:04,360 --> 00:04:06,400 Speaker 2: unless we could come up with something that's better for 75 00:04:06,440 --> 00:04:09,560 Speaker 2: you and less expensive for you. Otherwise we're not doing it. 76 00:04:09,680 --> 00:04:14,120 Speaker 6: Congressional Republicans have tried to repeal it. Ed Baxter Bloomberg Radio. 77 00:04:14,800 --> 00:04:19,279 Speaker 1: Suspected attempts by Iranian hackers to infiltrate US presidential campaigns 78 00:04:19,279 --> 00:04:23,080 Speaker 1: have touched off a widening federal investigation. This appears to 79 00:04:23,120 --> 00:04:25,520 Speaker 1: be the first major effort by a foreign actor to 80 00:04:25,720 --> 00:04:30,000 Speaker 1: disrupt the November election. Bloomberg's Amy Morris has more from Washington. 81 00:04:30,240 --> 00:04:34,200 Speaker 7: The FBI inquiry began after a report from Microsoft described 82 00:04:34,279 --> 00:04:37,760 Speaker 7: efforts by the Iranian government to access email accounts of 83 00:04:37,800 --> 00:04:41,960 Speaker 7: presidential campaign staff members. In addition, Google says the Iranian 84 00:04:42,000 --> 00:04:45,480 Speaker 7: hackers in May and in June targeted the personal email 85 00:04:45,480 --> 00:04:49,240 Speaker 7: accounts of roughly a dozen individuals affiliated with President Biden 86 00:04:49,400 --> 00:04:53,080 Speaker 7: and former President Trump. Google blocked numerous attempts by those 87 00:04:53,120 --> 00:04:56,719 Speaker 7: attackers to log into those personal email accounts, and Google 88 00:04:56,760 --> 00:05:00,440 Speaker 7: says the Iranian hackers successfully gained access to the personal 89 00:05:00,560 --> 00:05:04,360 Speaker 7: Gmail account of one high profile political consultant, who it 90 00:05:04,400 --> 00:05:08,200 Speaker 7: did not identify. In Washington, amymore as Bloomberg Radio. 91 00:05:08,560 --> 00:05:11,719 Speaker 1: And Minnesota Governor Tim Walls has agreed to participate in 92 00:05:11,760 --> 00:05:16,080 Speaker 1: a vice presidential debate hosted by CBS News on October first. 93 00:05:16,480 --> 00:05:19,840 Speaker 1: Walls responded to a CBS News post on social media. 94 00:05:20,279 --> 00:05:23,520 Speaker 1: It said the network had invited Walls and Republican vice 95 00:05:23,560 --> 00:05:27,280 Speaker 1: presidential nominee jd Vance to debate now. The candidates were 96 00:05:27,279 --> 00:05:30,400 Speaker 1: offered two dates in September and two dates in October 97 00:05:30,480 --> 00:05:33,000 Speaker 1: as options. That is News when you want it with 98 00:05:33,040 --> 00:05:36,080 Speaker 1: Bloomberg News. Now I'm Doug prisoner. This is Bloomberg