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Speaker 1 (00:00):
News when you wanted with Bloomberg News Now, I'm mid Kleggi.
European leaders and other allies told the US that its
peace plan for Ukraine needed additional work in a rushed
bid to try and slow walk a Trump administration determined
to give concessions to Russia and imposed terms by Thanksgiving.
They issued a statement at a Group of twenty summit
(00:20):
in South Africa that President Trump blew off, but where
many of them were headed. When the controversial details of
the twenty eight point piece plan were leaked, The US
had a Thursday ultimatum, yet Trump indicated in an NBC
interview that this was not his final offer, hinting at
some flexibility on timing. In Johannesburg, the Panic leaders sought
to buy President Vladimir Zelensky time and scrambled to get
(00:43):
on a call, exchange notes, and come up with a
counterproposal that would not alienate an impatient US. The White
House is reportedly working on Plan B ahead of a
big court ruling on tariffs. Bloomberg's Monica Rix explains.
Speaker 2 (00:57):
The Trump administration's working on fallback options to replace Levi's
as quickly as possible if the Supreme Court strikes down
one of his major TERRFF authorities. It's unclear when we'd
get a ruling, but officials are studying alternatives, including sections
three ZHO one and one twenty two of the Trade Act,
which grant the president the unilateral ability to impose duties.
(01:17):
Those replacements could also come with risks, including more legal challenges,
but officials hoped to win the case outright. In fact,
Trump has repeatedly urged justices to uphold his tariffs, which
he's called an economic emergency. Monica Rix Bloomberg Radio.
Speaker 1 (01:33):
Israel's military on Saturday launched air strikes against Hamas militants
in Gaza, in the latest test of the ceasefire that
began on October tenth. As Prime Minister Benjamin Netanyahu's office,
at five senior Hamas members were killed. Health officials in
Gaza reported at least twenty four people killed at another
fifty four wounded, including children. The strikes, which Israel said
(01:53):
were in response to gunfire and its troops, came after
international momentum on Gaza, with the UN Security Council on
Monday approving the US Blueprint to secure and govern the territory.
It authorizes an international Stabilization Force to provide security, approves
a transitional authority to be overseen by President Trump, and
envisions a possible future path to an independent Palestinian state.
(02:16):
The Bureau of Labor Statistics has canceled its October Consumer
Price Index report. We get that story from Bloomberg's Charlie Pellett.
Speaker 3 (02:23):
BLS said it was unable to retroactively obtain some data
that was not collected during the government shutdown. The bureau
says it can acquire parts of the price data for
the month, and where possible, will publish October values in
the November release. The November CPI report will now be
published December eighteenth, after the fed's last meeting of the year.
(02:45):
The announcement follows the BLS's decision to cancel the October
Employment report for similar data collection issues in New York.
Speaker 1 (02:53):
Charlie Pellett Bloomberg Radio operations at the Port of Los Angeles,
the busiest US seaport, resumed Saturday after containership that caught
fire Friday evening was moved to a safer distance from shore.
Vessel tracking data compiled by Bloomberg indicate the ship the
one Henry Hudson was towed from the port and is
anchored outside the breakwater. When it was moored earlier, a
(03:14):
water safety zone was established around the vessel, and operations
halted at four of the port's seven container terminals. Republicans
have been waiting for direction from President Trump on how
to deal with healthcare costs that are set to spike
when insurance subsidies expire at the end of the year.
Now they may be starting to get it. As we
hear from Bloomberg's Nathan Hagar in Washington.
Speaker 4 (03:34):
President Trump says he wants a Republican alternative to the
Affordable Care Act by the end of January.
Speaker 3 (03:39):
Let's see what we get it done by January thirtieth.
Speaker 4 (03:42):
In an interview with Fox News host Brian Kilmead, the
President said Republicans have discussed extending the subsidies another year.
He's been calling for the funds to go directly to consumers.
Speaker 3 (03:51):
I believe that this good support on both sides for.
Speaker 4 (03:55):
That that plan could face obstacles. Health insurance is usually
purchased by groups of people, read the risk and negotiate prices.
Down in Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1 (04:05):
Almost two hundred nations gathered in Brazil for the United
Nations Annual Climate Summit capped two weeks of negotiations with
an agreement Saturday on new efforts to help guide their
transition away from the fossil fuels driving global warming. However,
the accord dodged an explicit mention of the oil, gas,
and coal responsible for driving the bulk of climate change,
and it did not detail plans for shifting away from them,
(04:28):
leaving some countries unhappy with the outcome. Online sports betting
is bigger than ever and keeps growing, and one equities
trading platform is looking to cash in. Bloomberg's Tom Busby
has more.
Speaker 5 (04:39):
Just ahead of the Thanksgiving holiday and all those critical
late sees in NFL and college football games. Robinhood Markets
is expanding its prediction market offerings for sports betters, with
its interface looking a lot more like a traditional sports book.
Robinhood will make it easier for its customers to trade
contracts tied to sports, and by adding a sports hub,
it allows users to set a price and number of
(05:01):
orders on prop bets on live games and matches. Tom Busby,
Bloomberg Radio.
Speaker 1 (05:06):
That's news when you want it with Bloomberg News. Now
I made Kleggy. This is Bloomberg
News when you wanted with Bloomberg News Now, I'm mid Kleggi.
European leaders and other allies told the US that its
peace plan for Ukraine needed additional work in a rushed
bid to try and slow walk a Trump administration determined
to give concessions to Russia and imposed terms by Thanksgiving.
They issued a statement at a Group of twenty summit
(00:20):
in South Africa that President Trump blew off, but where
many of them were headed. When the controversial details of
the twenty eight point piece plan were leaked, The US
had a Thursday ultimatum, yet Trump indicated in an NBC
interview that this was not his final offer, hinting at
some flexibility on timing. In Johannesburg, the Panic leaders sought
to buy President Vladimir Zelensky time and scrambled to get
(00:43):
on a call, exchange notes, and come up with a
counterproposal that would not alienate an impatient US. The White
House is reportedly working on Plan B ahead of a
big court ruling on tariffs. Bloomberg's Monica Rix explains.
Speaker 2 (00:57):
The Trump administration's working on fallback options to replace Levi's
as quickly as possible if the Supreme Court strikes down
one of his major TERRFF authorities. It's unclear when we'd
get a ruling, but officials are studying alternatives, including sections
three ZHO one and one twenty two of the Trade Act,
which grant the president the unilateral ability to impose duties.
(01:17):
Those replacements could also come with risks, including more legal challenges,
but officials hoped to win the case outright. In fact,
Trump has repeatedly urged justices to uphold his tariffs, which
he's called an economic emergency. Monica Rix Bloomberg Radio.
Speaker 1 (01:33):
Israel's military on Saturday launched air strikes against Hamas militants
in Gaza, in the latest test of the ceasefire that
began on October tenth. As Prime Minister Benjamin Netanyahu's office,
at five senior Hamas members were killed. Health officials in
Gaza reported at least twenty four people killed at another
fifty four wounded, including children. The strikes, which Israel said
(01:53):
were in response to gunfire and its troops, came after
international momentum on Gaza, with the UN Security Council on
Monday approving the US Blueprint to secure and govern the territory.
It authorizes an international Stabilization Force to provide security, approves
a transitional authority to be overseen by President Trump, and
envisions a possible future path to an independent Palestinian state.
(02:16):
The Bureau of Labor Statistics has canceled its October Consumer
Price Index report. We get that story from Bloomberg's Charlie Pellett.
Speaker 3 (02:23):
BLS said it was unable to retroactively obtain some data
that was not collected during the government shutdown. The bureau
says it can acquire parts of the price data for
the month, and where possible, will publish October values in
the November release. The November CPI report will now be
published December eighteenth, after the fed's last meeting of the year.
(02:45):
The announcement follows the BLS's decision to cancel the October
Employment report for similar data collection issues in New York.
Speaker 1 (02:53):
Charlie Pellett Bloomberg Radio operations at the Port of Los Angeles,
the busiest US seaport, resumed Saturday after containership that caught
fire Friday evening was moved to a safer distance from shore.
Vessel tracking data compiled by Bloomberg indicate the ship the
one Henry Hudson was towed from the port and is
anchored outside the breakwater. When it was moored earlier, a
(03:14):
water safety zone was established around the vessel, and operations
halted at four of the port's seven container terminals. Republicans
have been waiting for direction from President Trump on how
to deal with healthcare costs that are set to spike
when insurance subsidies expire at the end of the year.
Now they may be starting to get it. As we
hear from Bloomberg's Nathan Hagar in Washington.
Speaker 4 (03:34):
President Trump says he wants a Republican alternative to the
Affordable Care Act by the end of January.
Speaker 3 (03:39):
Let's see what we get it done by January thirtieth.
Speaker 4 (03:42):
In an interview with Fox News host Brian Kilmead, the
President said Republicans have discussed extending the subsidies another year.
He's been calling for the funds to go directly to consumers.
Speaker 3 (03:51):
I believe that this good support on both sides for.
Speaker 4 (03:55):
That that plan could face obstacles. Health insurance is usually
purchased by groups of people, read the risk and negotiate prices.
Down in Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1 (04:05):
Almost two hundred nations gathered in Brazil for the United
Nations Annual Climate Summit capped two weeks of negotiations with
an agreement Saturday on new efforts to help guide their
transition away from the fossil fuels driving global warming. However,
the accord dodged an explicit mention of the oil, gas,
and coal responsible for driving the bulk of climate change,
and it did not detail plans for shifting away from them,
(04:28):
leaving some countries unhappy with the outcome. Online sports betting
is bigger than ever and keeps growing, and one equities
trading platform is looking to cash in. Bloomberg's Tom Busby
has more.
Speaker 5 (04:39):
Just ahead of the Thanksgiving holiday and all those critical
late sees in NFL and college football games. Robinhood Markets
is expanding its prediction market offerings for sports betters, with
its interface looking a lot more like a traditional sports book.
Robinhood will make it easier for its customers to trade
contracts tied to sports, and by adding a sports hub,
it allows users to set a price and number of
(05:01):
orders on prop bets on live games and matches. Tom Busby,
Bloomberg Radio.
Speaker 1 (05:06):
That's news when you want it with Bloomberg News. Now
I made Kleggy. This is Bloomberg
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