Inflation Held Steady in August, Pushing the Fed Towards a Rate Hike
Summary
Inflation held steady at 3.4%, pressuring the Fed to raise interest rates next week amid rising energy costs and AI-driven price hikes. Anthropic reported that Iran used AI models to target US Navy ships, highlighting new national security threats. The episode also examines 25 years of post-9/11 airport security changes, including the removal of shoe rules and the rise of premium screening options.
Topics discussed
Sponsor: ReliaQuest AI Cyber Defense
Headlines: Inflation, Fed, 9/11, and AI Threats
Inflation Report and Fed Rate Hike Expectations
Market Wrap: Stocks Rally and Oil Prices
Anthropic Report: Iran Using AI to Target US Navy
Sen. Collins Criticizes Trump's Trade Rhetoric
Sponsor: Charles Schwab Advisor Services
9/11 25th Anniversary Remembrance Ceremonies
Evolution of Post-9/11 Airport Security Measures
Controversy Over Removal of Shoe Removal Rule
Bifurcation of Air Travel Security Experiences
TSA's New 'Gateside' Program for Non-Travelers
Assessment of Current Air Travel Safety
Show Credits and Upcoming Episodes
Sponsor: Charles Schwab Washington Wise
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