First Word: U.S. Inflation Hits Six-Year High

The video covers recent economic indicators, highlighting a rise in the Consumer Price Index and its impact on interest rates and wages. It discusses ZTE's efforts to comply with US regulations by changing its leadership and paying fines. The video also addresses Brexit challenges faced by UK Prime Minister Theresa May, focusing on parliamentary votes and negotiations. Finally, it provides an overview of Bloomberg's global news coverage.

What was the percentage increase in the Consumer Price Index from April?

• 0.4%

• 0.3%

• 0.2%

• 0.1%

What action is ZTE taking to improve its standing with the USA?

• Expanding into new markets

• Increasing its workforce

• Launching new products

• Replacing its senior leadership and board

What is the amount of the fine ZTE agreed to pay?

• $1.2 billion

• $1.4 billion

• $1.5 billion

• $1.3 billion

What is the main issue causing pro-European lawmakers to oppose Theresa May's Brexit bill?

• The economic impact of Brexit

• An amendment giving Parliament power over negotiations

• The timeline for Brexit

• The cost of Brexit

What could happen if Theresa May's Brexit deal is rejected by Parliament?

• Parliament will direct Brexit negotiations

• A new Prime Minister will be elected

• The UK will remain in the EU

• Brexit will be canceled