October 3, 2025 • 4 mins
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Speaker 1 (00:00):
News when you want it With Bloomberg News Now, I'm
Monica Ricks. President Trump is thanking the countries who help
negotiate a deal to stop the war in Gaza after
Hamas agreed today to release all remaining hostages.
Speaker 2 (00:13):
I just want to let you know that this is
a very special day, maybe unprecedented. In many ways, it
is unprecedented, but thank you all, and thank you all
to those great countries that help.
Speaker 1 (00:26):
This video on truth social This is a big day.
Speaker 2 (00:30):
We'll see how it all turns out. We have to
get the final word down and concrete.
Speaker 1 (00:35):
The President didn't provide the status of further talks yet,
but admits there's still details to be worked out, and
it's important to note that Hamas has only agreed to
some of Trump's terms. It did not mention disarming. Bloomberg
Intelligence Senior defense analyst Wayne Sanders tells us that means
the violence won't stop.
Speaker 3 (00:53):
It's a military offensive that they're putting on until they
feel that that Hamas has actually come to the table
and has met those demands. So they're not going to
back off. I mean, at the most they would probably
do as they would hold the positions that they currently
have but if they are military strikes based off of
credible threat intelligence that they have of Hamas leadership. As
(01:13):
of right now, as at the time of this broadcast,
right they have not agreed to the twenty point plan.
Speaker 1 (01:18):
Bloomberg Intelligence Senior devansa analyst Wayne standers on BusinessWeek Daily. Still,
he calls the statement a positive sign. The government's shutdown
will continue through the weekend. With the Senate's failure today
to advance a House pass funding bill to end it.
Senate Minority Leader Chuck Schumer.
Speaker 4 (01:34):
Instead of trying to come to the table and negotiate
with Democrats and reopen the government, the White House and
fellow Republicans have vowed to make this a maximum pay shutdown.
They call it. Unfortunately, the maximum pain falls on the
American people, and the American people know it.
Speaker 1 (01:50):
Republican Majority Leader John Thune says his party will continue
and across the aisle appeal to end the shutdown.
Speaker 3 (01:56):
Hopefully over the weekend they'll have a chance to think
about it and maybe some of his conversations start to
result in something.
Speaker 1 (02:01):
The Democrats are standing strong on extending healthcare tax benefits
from the Affordable Care Act. They're set to expire at
the end of the year. Employment numbers were mia today
as this shut down drags on, but we know the
US service sector stalled in September as business activity shrank
for the first time since the pandemic and orders barely expanded.
Despite that, the Dow and SMP hit fresh record highs
(02:24):
on Wall Street. The Dow was a half percent higher,
adding two hundred and thirty nine points. The SMP added
just a fraction of a point. The Nasdaq lost sixty
four thanks to a recent tech sell off. The ten
year Treasury yields at four point one percent, the two
year yields at three point five percent. Sean Ditty Combs
will spend the next four years in prison. A judge
sentenced the music mogual today in New York for his
(02:46):
prostitution related to conviction. The sentence was far less than
the eleven years the government had sought, and did include
time served since Ditty's arrest last year. China's pushing the
Trump administration to roll back national security restrictions on China.
These deals in the US. They want lower tariffs on
imports and exchange for more investments in the US. The
(03:06):
White House is cutting off infrastructure funding to another big city.
First canceling eighteen billion dollars for projects in New York
to pressure Democrats to end the shutdown, and now the
White House is withholding another two billion for approved rail
projects in Chicago. Budget director Russ's vote, writing on social media,
it's to quote and shore funding is not flowing via
(03:26):
race based contracting. It's also considering action against Portland. Apple
has removed an app called ice Block that flags ice sightings.
That move follows pressure from the Trump administration to remove it,
citing safety concerns for its immigration agents. Before it was
taken down, though the app developer said it had over
a million users. Taylor Swift's latest album, The Life of
(03:51):
a Showgirl, is now officially the most streamed album of
all time. That's according to Amazon Music. Spotify also says
it broke records on its platform, and Apple Music says
the album holds the record for biggest of twenty twenty
five by first day streams worldwide across the country. Special
screenings of the official release party of a Showgirl is
(04:12):
in select theaters and fans are going nuts. Bridget Hayden
watched it in New York amazing it was amazing.
Speaker 3 (04:18):
I thought it was gay. The album like the credit
it deserved. All the music video is amazing and just
her description of all.
Speaker 1 (04:25):
The song this is really special. Select AMC theaters will
be showing screenings throughout the weekend. And that's news when
you want it with Bloomberg News. Now, I'm Monica Rix
and this is Bloomberg
News when you want it With Bloomberg News Now, I'm
Monica Ricks. President Trump is thanking the countries who help
negotiate a deal to stop the war in Gaza after
Hamas agreed today to release all remaining hostages.
Speaker 2 (00:13):
I just want to let you know that this is
a very special day, maybe unprecedented. In many ways, it
is unprecedented, but thank you all, and thank you all
to those great countries that help.
Speaker 1 (00:26):
This video on truth social This is a big day.
Speaker 2 (00:30):
We'll see how it all turns out. We have to
get the final word down and concrete.
Speaker 1 (00:35):
The President didn't provide the status of further talks yet,
but admits there's still details to be worked out, and
it's important to note that Hamas has only agreed to
some of Trump's terms. It did not mention disarming. Bloomberg
Intelligence Senior defense analyst Wayne Sanders tells us that means
the violence won't stop.
Speaker 3 (00:53):
It's a military offensive that they're putting on until they
feel that that Hamas has actually come to the table
and has met those demands. So they're not going to
back off. I mean, at the most they would probably
do as they would hold the positions that they currently
have but if they are military strikes based off of
credible threat intelligence that they have of Hamas leadership. As
(01:13):
of right now, as at the time of this broadcast,
right they have not agreed to the twenty point plan.
Speaker 1 (01:18):
Bloomberg Intelligence Senior devansa analyst Wayne standers on BusinessWeek Daily. Still,
he calls the statement a positive sign. The government's shutdown
will continue through the weekend. With the Senate's failure today
to advance a House pass funding bill to end it.
Senate Minority Leader Chuck Schumer.
Speaker 4 (01:34):
Instead of trying to come to the table and negotiate
with Democrats and reopen the government, the White House and
fellow Republicans have vowed to make this a maximum pay shutdown.
They call it. Unfortunately, the maximum pain falls on the
American people, and the American people know it.
Speaker 1 (01:50):
Republican Majority Leader John Thune says his party will continue
and across the aisle appeal to end the shutdown.
Speaker 3 (01:56):
Hopefully over the weekend they'll have a chance to think
about it and maybe some of his conversations start to
result in something.
Speaker 1 (02:01):
The Democrats are standing strong on extending healthcare tax benefits
from the Affordable Care Act. They're set to expire at
the end of the year. Employment numbers were mia today
as this shut down drags on, but we know the
US service sector stalled in September as business activity shrank
for the first time since the pandemic and orders barely expanded.
Despite that, the Dow and SMP hit fresh record highs
(02:24):
on Wall Street. The Dow was a half percent higher,
adding two hundred and thirty nine points. The SMP added
just a fraction of a point. The Nasdaq lost sixty
four thanks to a recent tech sell off. The ten
year Treasury yields at four point one percent, the two
year yields at three point five percent. Sean Ditty Combs
will spend the next four years in prison. A judge
sentenced the music mogual today in New York for his
(02:46):
prostitution related to conviction. The sentence was far less than
the eleven years the government had sought, and did include
time served since Ditty's arrest last year. China's pushing the
Trump administration to roll back national security restrictions on China.
These deals in the US. They want lower tariffs on
imports and exchange for more investments in the US. The
(03:06):
White House is cutting off infrastructure funding to another big city.
First canceling eighteen billion dollars for projects in New York
to pressure Democrats to end the shutdown, and now the
White House is withholding another two billion for approved rail
projects in Chicago. Budget director Russ's vote, writing on social media,
it's to quote and shore funding is not flowing via
(03:26):
race based contracting. It's also considering action against Portland. Apple
has removed an app called ice Block that flags ice sightings.
That move follows pressure from the Trump administration to remove it,
citing safety concerns for its immigration agents. Before it was
taken down, though the app developer said it had over
a million users. Taylor Swift's latest album, The Life of
(03:51):
a Showgirl, is now officially the most streamed album of
all time. That's according to Amazon Music. Spotify also says
it broke records on its platform, and Apple Music says
the album holds the record for biggest of twenty twenty
five by first day streams worldwide across the country. Special
screenings of the official release party of a Showgirl is
(04:12):
in select theaters and fans are going nuts. Bridget Hayden
watched it in New York amazing it was amazing.
Speaker 3 (04:18):
I thought it was gay. The album like the credit
it deserved. All the music video is amazing and just
her description of all.
Speaker 1 (04:25):
The song this is really special. Select AMC theaters will
be showing screenings throughout the weekend. And that's news when
you want it with Bloomberg News. Now, I'm Monica Rix
and this is Bloomberg
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