- Bay Area Times
- Posts
- Consumer inflation seen rising in Jul. with core CPI +0.3% MoM, out 8:30 AM ET
Consumer inflation seen rising in Jul. with core CPI +0.3% MoM, out 8:30 AM ET
Bay Area Times
August 12, 2025
Brought to you by:
Top stories today:
- Consumer inflation seen rising in Jul. with core CPI +0.3% MoM
- Elon’s xAI makes Grok 4 free worldwide to take on OpenAI’s GPT-5
- Trump praises Intel CEO after meeting, says he has “amazing story”
- China chip export license fee originally 20% before being cut to 15%
- Trump family’s WLF announces $1.5B treasury company for WLFI
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. Consumer inflation seen rising in Jul. with core CPI +0.3% MoM, out 8:30 AM ET
CPI: exp. 0.2% MoM / 2.8% YoY in July, from 0.3% / 2.7% in June.
Core CPI: exp. 0.3% / 3.0%, from 0.2% / 2.9%.
8:30 AM ET: the Bureau of Labor Statistics is releasing the Jul. CPI number.
2. Elon’s xAI makes Grok 4 free worldwide to take on OpenAI’s GPT-5
“Small number of queries per day” are given in the free tier, Elon Musk said on X.
The move expands Grok 4 access beyond X Premium and SuperGrok subscribers.
“Generous usage limits” are rolled out to all users for a “limited” time.
Grok 4 includes Grok Imagine, xAI’s AI video generation tool, which is currently limited to the U.S.
Grok 4 Heavy remains exclusive to SuperGrok Heavy subscribers.
There’s a better way. Athyna helps you build high-performing teams—fast, affordable, and without the hiring headaches.
Here’s how:
🤖 AI-powered matching connects you with talent tailored to your needs.
⚡ 4 days from brief to interviews.
💸 Save up to $80K per hire with top LATAM engineers.
Speed, precision, and serious savings—no compromises.
👉 Ready to change the way you hire?
*Disclaimer: We have equity in Athyna.
4. Trump praises Intel CEO after meeting, says he has “amazing story”
