Inflation rises, Apple's new devices, UAW strike looms: 3 Things

The Consumer Price Index rose in August, with the month-over-month core data coming in hotter than expected. It raises the question about what the Federal Reserve will do about interest rates given its focus on bringing inflation down. Apple (APPL) unveiled the iPhone 15 and Apple Watch series 9, but investors weren't exactly enthused with the new offerings, as China finally says it has not issued any ban on iPhones. The UAW negotiations with the Big Three automakers (F, GM, STLA) are ongoing as a strike deadline looms. Yahoo Finance Live brings you the three stories you need to be watching today.