Bloomberg News and Videos — Page 58

The US consumer price index rose 0.6% in September from a month earlier, and 3.7% on an annual basis, according to the Bureau of Labor Statistics. The data shows gas prices rose by 9.1%. Bloomberg's Michael McKee has the initial reading.

Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, hitting oil giant Saudi Aramco's headquarters, as well several cities in the kingdom. Abeer Abu Omar reports on Bloomberg Television.

Guillaume Princen, Anthropic Head of International Startups & Digital Native, joins Bloomberg's Tom Mackenzie on "The Opening Trade" to discuss how artificial intelligence will impact businesses, customer spending on frontier models, and AI safety risks. They speak from the International AI Summit in Dublin, Ireland.

Christopher Hodge, chief US economist at Natixis, expects core CPI to come in slightly softer than forecast and sees inflation continuing to ease. He discusses the impact of higher energy prices, potential labor market weakness and housing pressures, while forecasting one final Fed rate hike in December before the tightening cycle ends. He spoke on Bloomberg Brief.

Morgan Stanley saw third quarter profit rise as the firm's equity traders topped analysts' estimates and a record amount of money was brought in by the bank's wealth-management operation. Kristine Aquino reports on Bloomberg Television.

Bank of America's stock and fixed-income traders missed estimates in the third quarter, with bond-trading revenue falling 17% and equity trading down 10%. Chris Marinac, director of research at Brean Capital, examines the results on "Bloomberg Surveillance."

OpenAI Chief Financial Officer Sarah Friar discusses artificial intelligence security concerns, telling Bloomberg's Tom Mackenzie that the firm is "doubling down" on safety and alignment, and is holding back its next generation model while it carries out checks.

The President of the auto lobby ACEA Ola Källenius, who's also the CEO of Mercedes-Benz Group, welcomed the recent deal to cap the imports of Chinese hybrid vehicles to the EU. He called for a level-playing field and the EU to increase its competitiveness. He spoke with Bloomberg's Oliver Crook in Brussels.

DeepL CEO Jarek Kutylowski discusses surging demand for voice-to-voice translation and how AI is transforming global business. He also addresses competition with OpenAI and Anthropic, DeepL's AWS strategy, European data sovereignty, recent workforce cuts and why the company is comfortable remaining private. He spoke with Bloomberg's Tom Mackenzie, at the International AI Summit in Dublin, Ireland.

Former St. Louis Federal Reserve President James Bullard discusses his outlook for the Fed's policy path through the end of the year on "Bloomberg Surveillance."