Core PCE rose 0.2% in August, milder than economists expected after a methodology change, while personal spending jumped 0.9% and second-quarter GDP was revised up to 2.2%. Tech’s biggest leaders signed a morally binding White House accord on AI safety, and OpenAI launched Dots to take on Meta’s Muse. Plus a Micron earnings preview, Apple CEO John Ternus’s shake-up, Robinhood’s agentic AI trading, and why IPO demand is cooling.
The 8:30 is live weekdays 8:30-9:30am ET with Yahoo Finance Host Julie Hyman, Breaking Business News Reporter Jake Conley and Senior Autos Reporter Pras Subramanian.
00:00 PCE inflation: Core cooler than expected
00:50 Why the PCE calculation changed
01:35 Personal spending jumps 0.9%
02:00 Fed’s Williams and fading October hike bets
03:39 Second-quarter GDP revised higher
05:25 Bad vibes, strong spending
07:02 Goldman Sachs and BNP Paribas on energy and rate hikes
08:26 How stocks held up this quarter despite surging yields
10:23 Tech leaders at the White House
12:00 What’s in the “morally binding” AI accord
13:23 Voters want AI guardrails
14:39 Bill Gates vs. Jensen Huang on AI regulation
17:34 OpenAI launches Dots to take on Meta’s Muse
18:55 New AI models now arrive every 11 days
20:09 Does Muse have the edge over Dots?
21:33 Are AI labs good businesses?
23:07 Delta, Elon Musk and in-flight Wi-Fi
30:39 ETF report: What to watch in Micron’s earnings
34:04 Is Micron’s memory boom sustainable?
38:37 Apple CEO John Ternus’s shake-up and the iPhone Duo
41:30 Apple’s smart home push
44:21 Robinhood’s agentic AI trading and perpetual futures
46:13 The risks for retail investors
49:40 Accelevation’s IPO and cooling IPO demand
54:01 The Manchester City ruling
#PCE #AI #Micron #The830 #YahooFinance
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