Cooling inflation data, Fedspeak, tech stock regulation: 3 Things

The June CPI report showed a continued cooling of inflation. Several Federal Reserve members are expected to speak today, including Fed presidents Tom Barkin, Raphael Bostic, and Loretta Mester. In tech, the FTC is leaning toward appealing a ruling in Microsoft's Activision Blizzard acquisition, according to a report from Bloomberg. Chip designer Arm is in talks with Nvidia to join a group of investors to anchor its IPO, according to a report from the Financial Times. Yahoo Finance Live takes a look at some of the top stories of the day.