Doug Krisner

Cheryl Pate there from Angel Oak Capital.

The latest reading on U.S.

retail inflation was a bit cooler than forecast.

Core CPI rose two-tenths of one percent in December compared with the prior month.

And on an annual basis, Core CPI advanced at a rate of 2.6 percent, matching a four-year low.

Here is Troy Lutka, senior U.S.

economist at SMBC NICO Securities.

That is Troy Lutka.

He is the senior U.S.

economist at SMBC NICO Securities.

Incidentally, money markets continue to project the next Fed rate cut in mid-2026.

The CEO of Sachs Global Enterprises, Richard Baker, is departing less than two weeks after taking over the top job.

We were told Baker had been finalizing his exit over the past few days.

His departure comes as Sachs is close to filing for Chapter 11 bankruptcy protection and

to address mounting losses and a substantial debt load.

And that is news when you want it.

With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg.

News when you want it.

With Bloomberg News Now, I'm Doug Krisner.

The government of Venezuela has begun to release prisoners with U.S.