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Pancreatic cancer vaccine shows promise in early trial
NBC News· 2025-08-12 16:15
a onesizefits-all vaccine that showed promise at preventing pancreatic cancer from coming back. The new clinical trial results were published yesterday. Pancreatic cancer we know is a major concern because its 5-year survival rate is only about 13% and up to 80% of those cancers have a high potential to come back.NBC News medical contributor Dr. . Natalie Azar is here to break down the results of this trial for us. And I feel like the word game changer was made for this this sort of a a story.We know that t ...
Consumer price index for July shows inflation stayed steady
NBC News· 2025-08-12 16:14
All right, we are back with some breaking economic data. Now, in July, inflation rose by 0.2% month overmonth and by 2.7% year-over-year. Here to talk more about these numbers and what they really mean for you, NBC News business and data correspondent Brian Chung and Investipedia's editor-inchief Caleb Silver.Guys, good morning to you both. Uh Brian, we'll start with you. Let's uh go over to the big board and walk us through these numbers and how they compare with previous months.Yeah. Well, inflation is pi ...
Perplexity makes unsolicited $34.5 billion bid for Google's Chrome browser
CNBC Television· 2025-08-12 16:11
Getting a news alert this morning on Google. And for that, we'll turn to Mackenzie Sagalos. Hey, Mac. >> Hey, Carl.So, the Wall Street Journal is reporting that AI startup Perplexity is making a surprise $34.5% billion offer to buy Google's Chrome browser, even though Perplexity itself is valued at just $18 billion. Now, this unsolicited bid comes as a federal judge is weighing right now whether to force Google to sell Chrome to loosen its grip on web search after that ruling last year that the company ille ...
U.S. Social Security Commissioner: I have no concern about the future
CNBC Television· 2025-08-12 16:11
warning of a 1929 style depression in a letter to federal applet court currently weighing the future of the tariffs all as we approach the 90th anniversary of the social security act this week. Joining us here post 9 is social security commissioner Frank Bing Nano. It's great to have you commissioner.I mean we haven't talked to you. You you were leading this big company Fiserve in financial you know payments company and now you're leading social security in America. How different is that.Well many of the th ...
US Economy: Core CPI Picks Up at Fastest Pace Since January
Bloomberg Television· 2025-08-12 16:11
A rise in the CPI on a month over month basis, bang on with consensus up 2/10 of a percent. The core is up 3/10 of a percent. We'll check that out in terms of three digits on a year over year basis, that takes us to 2.7% for headline and 4 to 3.1% for the core on a year over year basis.That's more than thought. So this must have been a very high 3/10 of a percent. Trying to take a look at some of what we're seeing in terms of the actual changes in the categories.And we'll look here and see some of the ones ...
Trump Considering Lawsuit Against Fed's Powell Over Renovation
Bloomberg Television· 2025-08-12 16:10
We do have some breaking news. That is President Trump saying that he is considering suing Fed Chair Jerome Powell over his handling of reconstruction of the Federal Reserve's buildings. Michael McKee.He is Bloomberg's international economics and policy correspondent. He joins us now. Specifically, Mike, he says that he is considering allowing a major lawsuit against Powell to proceed because of the horrible and grossly incompetent job he has done in managing the construction of those buildings.What do we k ...
'Is this a distraction from the Epstein files?' Dem Rep. on Trump's D.C. takeover
MSNBC· 2025-08-12 16:08
DC MAYOR MURIEL BOWSER HAS WRAPPED, AND WE'LL BRING YOU MORE ON THAT AS WE LEARN ABOUT IT. JOINING US NOW IS DEMOCRATIC CONGRESSMAN GLENN IVEY FROM MARYLAND. CONGRESSMAN, GOOD TO SEE YOU.LET'S JUST START WITH THE FACTS HERE. HOMICIDE RATES HAVE BEEN DECLINING SINCE THE 1990S. OVERALL, VIOLENT CRIME JUST HIT A 30 YEAR LOW THIS YEAR.AND HOMELESSNESS IN DC, WHICH THE PRESIDENT HAS ALSO POINTED TO AS JUSTIFICATION FOR THESE ACTIONS. HOMELESSNESS IS ACTUALLY LOWER RIGHT NOW THAN AT ANY POINT DURING TRUMP'S FIRST ...
US Core CPI Picks Up on Services
Bloomberg Television· 2025-08-12 16:06
The United States has the best government data in the world by a lot, and there are dedicated civil servants who literally go around the country checking prices in every community of every variable and making sure the data is as clean and reflective of what's really happening as they can. My textbooks say you're going to be nuts. You can't cut rates given a two or three ish three month annualized inflation.Do you see any sense of transitory in these statistics. I think we're in a new regime for inflation. I ...
Why there is 'no obvious reason' for lower interest rates
CNBC Television· 2025-08-12 16:00
Should rates be lower. It is difficult to make the case of that at the moment in my view because uncertainty about a future inflation. You know the so far the pass through of tariffs into higher prices has been very modest but we're still in early stages in the long list of issues regarding uncertainty.Inflation is high among that list. So that would be in line with what chairman Powell has been pointing to on data dependence in the course policy. You know the signs that there is this overwhelming weakening ...
Why manufacturing is so hard in the U.S.
CNBC· 2025-08-12 16:00
So, we produce on each assembly line about 1,000 bikes a day, but that correlates into a bike every 30 seconds. Here in Seymour, Indiana, Guardian Bikes operates a 540,000 ft plant that manufactures high-end bicycles for kids. The company is pulling off a unique feat.Starting in 2022, it began shifting its manufacturing out of China. It wasn't easy. It took a lot of risk takingaking and it took a lot of kind of blazing a trail and it even took kind of getting into losing money.Guardian's story reflects the ...