Nathan Hager

Bloomberg's Caroline Hyde.

Now, a note on the government's federal register says it received an agency request to remove the document after it was placed on public inspection.

The Pentagon says in a statement to Bloomberg News, quote, we have nothing to announce at this time.

Alibaba shares traded in the U.S.

are still lower.

They're down 1%.

Baidu is down 1% as well.

NIO, which was also on this list, is lower by seven tenths of 1%.

The Justice Department is suing Harvard University for allegedly failing to hand over documents related to investigations into racial discrimination in admissions.

This case was filed in federal court in Massachusetts this morning.

It says the Ivy League school has slow-walked the documents for 10 months.

DOJ is asking the court to declare Harvard in violation of the law.

The university has not immediately responded to a request for comment.

stocks are moving lower this morning after a relatively mild reading on inflation to start the year january consumer prices rose just two-tenths of one percent that was the lowest pace since july the core reading that leaves out food and energy rose as expected and now traders are placing 50 50 odds that the fed could cut rates three times this year not just two bloomberg economics correspondent michael mckee says investors might want to wait remember cpi

There wasn't one in October, so the government just put in zeros for the month, which has biased CPI lower.

PPI has been rising.

It's still over 3%.

And Bloomberg's Mike McKee notes the next read on producer prices, PPI, won't come out for another two weeks.

The White House is reportedly working to narrow President Trump's broad steel and aluminum tariffs.

Bloomberg Global Trade Editor Brendan Murray says some of the duties have proven complicated for businesses.