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Spiking energy prices, more US tariffs and mushrooming spending on artificial intelligence are reawakening investors' inflation fears. That triple whammy of potentially price-stoking phenomena hitting the global economy all at once has arrived at a sensitive time. Just as central bankers were seeing some relief on the inflation outlook, the situation has swung back again. Erin McLaughlin, Economist at The Conference Board, discusses the latest round of US tariffs and how they are set to impact economic activity and inflation.

Major tech leaders explained the benefits of open weight AI models, in a letter signed by NVIDIA, Meta, Microsoft, Andreessen Horowitz and others. 'Everybody's Business' podcast hosts Max Chafkin and Stacey Vanek Smith, discuss the letter and what it means for the expanding AI market.

On this episode of Stock Movers: - Charter Communications (CHTR) shares are lower in the premarket after the cable company reported second-quarter results that missed expectations on key metrics, including adjusted Ebitda and free cash flow. - American Express (AXP) shares are falling as even as it posted better-than-expected second-quarter profit as its cardholder base continued to spend in the past three months. The company said second-quarter expenses surged 12% as the company spent more on marketing to attract and retain premium cardholders. - Verizon (VZ) is lower, erasing an initial advance that came after the telecom company reported second-quarter results that beat expectations and raised its full-year forecast for adjusted earnings.

Dartmouth College Professor of Economics Douglas Irwin discusses President Donald Trump's plan to extend a 10% tariff baseline that will cover most trading partners. Irwin says the Section 301 tariffs being used have a stronger legal ground than those struck down by the US Supreme Court earlier this year.

Neil Dutta of Renaissance Macro Research says Federal Reserve Chairman Kevin Warsh should hike interest rates when he can, not when he must. Dutta says Warsh can probably get the FOMC to hold rates steady this month, but he may not be so lucky in September. Dutta speaks on "Bloomberg Surveillance."

American Express saw a 12% surge in second-quarter expenses as the company spent more on marketing to attract and retain premium cardholders. Ben Elliott of Bloomberg Intelligence has more.

Jeetu Patel, Cisco president and chief product officer, talks about an upcoming AI tool named '"Antares" that will be used to hunt down software bugs and protect sensitive customer data. He also talks about the recent security breach at Hugging Face by OpenAI models and how companies can protect themselves. Patel speaks on "Bloomberg Surveillance."

Attacks by Iran-backed Houthis on two Saudi Arabian oil tankers in the Red Sea have opened a new front in the US-Iran conflict. Col. Wayne Sanders (Ret.) of Bloomberg Intelligence examines how the US may counter the move.

Wei Li, Global Chief Investment Strategist at BlackRock, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the outlook for this earnings season.

The US carried out a thirteenth straight night of attacks on Iran after President Donald Trump threatened "major military punishment" on the Islamic republic and the Houthi militant group if they target commercial ships. Tyler Kendall reports on Bloomberg Television.

Billionaire Aliko Dangote's daughter Halima Dangote, group executive director for Dangote Family Office and International Offices in Dubai and London, explains why the conglomerate is diversifying into refined products. She speaks exclusively with Bloomberg's Jennifer Zabasajja.

"In the rates space it feels that it is more than just technical factors driving yields spiking higher," says Wei Li, global chief investment strategist at BlackRock, as she explains why she prefers equities over government bonds.