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Speaker 1: News when you want it with Bloomberg News Now. I'm

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Speaker 1: Brian Curtis in Hong Kong.

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Speaker 2: Well.

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Speaker 1: The bill to avoid the weekend government shutdown left out

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Speaker 1: six billion dollars in funding for Ukraine. Bloomberg Jed Baxter

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Speaker 1: reports President Biden has some work to do with US allies.

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Speaker 3: The President says he wants to assure the allies that

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Speaker 3: the US support will continue. You cannot, under any circumstances

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Speaker 3: allow America's support for Ukraine to be interrupted. Too many

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Speaker 3: lives of a stake, too many children, too many people.

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Speaker 3: A call with Allies could happen as early as today,

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Speaker 3: and the White House says it will announce an additional

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Speaker 3: aid package for Ukraine soon. I'm at Baxter, Bloomberg Radio.

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Speaker 1: JP Morgan's CEO, Jamie Diamond says AI is already helping

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Speaker 1: his bank. He says it'll make big improvements in workers' lives.

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Speaker 1: Even if it eliminates some jobs.

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Speaker 4: Technologies always replace jobs. Your children will live to one

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Speaker 4: hundred and not have cancer because of technology, and literally

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Speaker 4: they'll probably working three and a half days a week.

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Speaker 4: So technology has done unbelievable things from mankind. But you know,

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Speaker 4: planes crash pharmacies getting misused. There are negatives. This one

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Speaker 4: the biggest negative of my view is AI being used

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Speaker 4: by bad people to do bad things. You know the fact,

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Speaker 4: and I do think you know, eventually have legal guardrails around.

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Speaker 4: It's kind of hard to do because it's new, but

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Speaker 4: it will add a huge value.

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Speaker 1: Jamie Diamond, in an exclusive interview with Bloomberg, is fed

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Speaker 1: share j Powell changing the conversation on interest rates. Powell

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Speaker 1: says the FED is focused on a strong labor market.

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Speaker 1: That's a part of the Fed's dual mandate that has

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Speaker 1: played second fiddle to fighting inflation. Today, he touted efforts

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Speaker 1: to get more people working.

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Speaker 5: Actually, it turns out that as an expansion gets longer

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Speaker 5: and longer, more and more of the wage gains actually

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Speaker 5: go to people at the lower end.

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Speaker 6: Of the wage spectrum.

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Speaker 5: So these are really beneficial things to have. That though,

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Speaker 5: the record is also clear that we need price stability.

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Speaker 1: No comment from Powell on his outlook on interest rates.

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Speaker 1: Crude oil declined below ninety dollars. A Barrel City Group

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Speaker 1: said More says a slowdown will weigh heavily on prices

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Speaker 1: next year.

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Speaker 7: We don't think demand is going to come in stronger

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Speaker 7: than expected unless for some reason there's a change in

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Speaker 7: every economist judgment about where economic growth is going to

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Speaker 7: be next year. But the drag from China, the drag

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Speaker 7: from Europe, and what we expect is a drag from

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Speaker 7: the United States coming into the market really weighs heavily.

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Speaker 1: More s's Brent crude falling to the low seventy dollars

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Speaker 1: a barrel next year.

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Speaker 3: Well.

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Speaker 1: Some US senators hope to meet President Shi Jinping on

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Speaker 1: a visit to China next week. Bloomberg's Joan Wong has

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Speaker 1: the story from Hong Kong.

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Speaker 2: Senators Mike Craple and Chuck Schumer plan to raise the

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Speaker 2: issue of Micron technology and his ability to do business

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Speaker 2: in China. Micron has been facing an ongoing probe by

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Speaker 2: China Cybersecurity Administration. The senators also planned to meet with

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Speaker 2: the US business community in Shanghai, so to say, the

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Speaker 2: White House is aware of the senator's plans and encourage

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Speaker 2: them to go. The visit comes as the US seeks

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Speaker 2: to smooth ties with China after months of escalating tensions. Separately,

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Speaker 2: the US is hoping to arrange a November meeting between

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Speaker 2: presidents Biden and she at the APEX summit in San Francisco.

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Speaker 1: Bloomberg's Joanne Wong Meantime, singer Taylor Swift has already given

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Speaker 1: the concert and movie businesses a boost. Now the NFL

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Speaker 1: is getting its own version of a Taylor bump. Bloomberg's

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Speaker 1: Charlie Pellett.

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Speaker 6: Explains NBC's Sunday Night Football drew an audience of twenty

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Speaker 6: seven million viewers, up twenty two percent from a year ago,

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Speaker 6: as the rumored relationship between Swift and Kansas City Chiefs

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Speaker 6: tight end Travis Kelcey pulled in additional fans. The network

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Speaker 6: said that included two million more women. It is the

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Speaker 6: second weekend in a row that Swift's presence in the

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Speaker 6: luxury box of an NFL game has been credited with

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Speaker 6: delivering publicity for the league. In New York, Charlie Pellett,

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Speaker 6: Bloomberg Radio.

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Speaker 1: That's news when you wanted with Bloomberg News. Now, I'm

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Speaker 1: Brian Curtis and this is Bloomberg six