Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike The Download: biotech’s future and cheaper, cleaner steel Wealthy investors are pouring billions into this new tax strategy despite risks Sub-$100 smartphones becoming a rarity as AI memory prices soar Remembering 9/11. And, Vance, Trump urge voters to back Republicans in the midterms Bessent Takes on the Bond Vigilantes Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand Rising yields, oil prices leave bitcoin vulnerable ahead of U.S. inflation report Trump dismisses AI extinction risks as more than a dozen OpenAI, Anthropic insiders call for a slowdown Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated Core CPI rose a faster-than-forecast 0.3% in August, setting up Fed rate hike The Download: biotech’s future and cheaper, cleaner steel Wealthy investors are pouring billions into this new tax strategy despite risks Sub-$100 smartphones becoming a rarity as AI memory prices soar Remembering 9/11. And, Vance, Trump urge voters to back Republicans in the midterms Bessent Takes on the Bond Vigilantes Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand Rising yields, oil prices leave bitcoin vulnerable ahead of U.S. inflation report Trump dismisses AI extinction risks as more than a dozen OpenAI, Anthropic insiders call for a slowdown