August 24, 2025: SpaceX Launch Scrapped, Maryland's Wes Moore on National Guard, More

Listen for the latest from Bloomberg News

See omnystudio.com/listener for privacy information.

Episode Transcript

Speaker 1 (00:01):
News when you wanted with Bloomberg News Now, I'm Doug Prisner.
SpaceX called off Sunday's planned launch of its Starship Rocket
less than thirty minutes before takeoff. The company cited an
unspecified ground systems issue. Now the test flight would have
been the tenth for Starship after a string of failures
this year, including explosions and satellite deployment mishaps. By the way,

(00:24):
no new launch time has been announced. The Trump administration
is escalating its military deployment in Washington. A Defense Department
official tells the Associated Press. Some National Guard units are
now patrolling the capital with firearms, including handguns and rifles.

Speaker 2 (00:41):
Now.

Speaker 1 (00:41):
The shift follows a directive issued last week by Defense
Secretary Pete Hegseth Meantime, President Trump is threatening to send
federal troops into Baltimore after a spat with Maryland Governor
Wes Moore. In a post Sunday on Truth Social Trump
accused More of having a poor record on crime, and
the President warned he may quickly clean up the city

(01:02):
as he did in Washington. We got reaction from Governor Moore,
who was speaking earlier to CBS Face the Nation.

Speaker 3 (01:08):
Now as someone who actually deployed overseas and served my
country in combat. To ask these men and women to
do a job that they're not trained for is just
deeply disrespectful. There are a multitude of reasons that I
am against this, and I will not authorize the Maryland
National Guard of utilized for this.

Speaker 1 (01:22):
Democratic Governor Wes Moore of Maryland there speaking to CBS
Face the Nation now, Moore says he has invited President
Trump to walk Baltimore streets and to discuss public safety.
Now Trump has signaled that Chicago and New York are
next on his list. Democrats, meantime, are fiercely opposed and
they called these moves and abuse of federal power. Vice

(01:42):
President JD. Van saying today Russia has made significant concessions
to President Trump in peace talks. However, Vance also added
that sanctions do remain on the table. Here is Vance
speaking Sunday to NBC's Meet the Press.

Speaker 4 (01:56):
Of course they haven't been completely there yet or the
war would be over, but we're engaging in this diplomatic
process in good faith. We are trying to negotiate as
much as we can with both the Russians and the
Ukrainians to find the Middle Round to stop the killing.

Speaker 1 (02:10):
Vice President jd Vance there speaking to NBC's Meet the Press.
Also speaking Sunday to NBC was Russian Foreign Minister Sergei Lavrov.
He insisted Russia is seeking peace despite an increase of
attacks meantime, According to Russia's Defense Ministry, Moscow and Kiev
conducted a prisoner's swap on Sunday. The exchange of one

(02:32):
hundred and forty six prisoners from each side was mediated
by the United Arab Emirates. We go to the Middle
East next, where the Israeli military says it struck Houthi
targets in Yemen. This included two power plants and a
site near the presidential palace in Senna Now. The strikes
were in retaliation for days of drone and missile attacks.

(02:52):
The IDF said one missile launched Friday carried multiple explosive devices,
the first of its kind fired from Yemen. Tor Israel
Now residents reported large fires while hoo They media says
two people were killed and five others injured. European Central
Bank President Christine Leguard is warning against political interference in

(03:13):
central banking. Here is Leguard speaking today to Fox News
Sunday Morning futures.

Speaker 5 (03:18):
In my IMF days, I have seen close hand what
happens when a central bank stops being independent or when
it's independence is under threat. It becomes disfunctional. It starts
doing things that it shouldn't do. That the next step
is is yeah, it is disruption, it is instability, if
not worse, I think it's it should not be debated.

Speaker 1 (03:41):
ECB President Christine Leguard speaking there to Fox News Now.
Her remarks come as fed Shir J. Powell faces pressure
from President Trump to cut infrast rates. A key focus
for markets this week will be the earnings from chip
maker In video, we have a preview from Bloomberg's Charlie Pellett.

Speaker 2 (03:58):
In video reports Wednesday for the close of trading, and
it comes those at least nine analysts last week lifted
their twelve month price target on the company. Ali McCartney
is managing director for Wealth Management at UBS Financial Services.

Speaker 6 (04:12):
In video being the largest contributor from a market cap
and from an earnings perspective to the S and P
five hundred, and that being the conversation that is being
discussed now about you know, has AI pulled back which
had been driving the market.

Speaker 2 (04:27):
According to data compiled by Bloomberg, nearly ninety percent of
analysts covering in Nvidia give it shares a by equivalent rating.
In New York, Charlie Pellett Bloomberg Radio.

Speaker 1 (04:37):
In Sporting News, the Tour championship has ended at East
Lake and England's Tommy Fleetwood is the champion, winning at
eighteen under par. Incidentally, this is Fleetwood's first PGA Tour win.
And that is news when you want it with Bloomberg News. Now,
I'm Derek Prisner, and this is Bloomberg