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Speaker 1: Bloomberg Audio Studios, podcasts, radio news news when you want

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Speaker 1: it with Bloomberg News Now, I met Kleggy. A private

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Speaker 1: US spacecraft that touchdown on the Moon has ended up

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Speaker 1: on its side. The Odysseus lander was communicating with ground

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Speaker 1: controllers and was sending back data after landing Thursday. Intuitive Machines,

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Speaker 1: the company that built a six footed lander, initially said

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Speaker 1: it was upright, but CEO Steve Altimus said Friday that

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Speaker 1: the lander caught a foot in the service and tipped

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Speaker 1: and landed on its side. It was the first US

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Speaker 1: moon landing in more than fifty years since the Apollo era.

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Speaker 1: Altimus said the lander was near or at its intended

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Speaker 1: landing site. The Houston Company was shooting for the south

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Speaker 1: polar region near the malapert A crater, closer to the

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Speaker 1: pole than anyone else, so NASA could scout out the

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Speaker 1: area before astronauts show up. Later this decade, the US

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Speaker 1: unveiled its biggest one day sanctions package against Russia since

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Speaker 1: the invasion of Ukraine two years ago, targeting more than

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Speaker 1: five hundred people and entities in a fresh bid to

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Speaker 1: squeeze the country's economy, and sent a message over the

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Speaker 1: death of dissident Alexi Navalni, Retired Army Brigadier General Mark

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Speaker 1: Kimmitt says these sanctions will not deter Russian President Vladimir

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Speaker 1: Putin from pushing forward with his invasion of Ukraine.

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Speaker 2: Vladimir Putin's in a war to win it. He has

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Speaker 2: put his economy on a mobilization for war. There are

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Speaker 2: no critical materials that I see being sanctioned that would

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Speaker 2: prevent him from being able to carry out the war

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Speaker 2: in Ukraine.

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Speaker 1: Mark Kimmitt, speaking with Bloomberg's Kaylee Lions and Joe Matthew,

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Speaker 1: a State Department advisor, He said the moves were aimed

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Speaker 1: at imposing additional costs on Russia for both its internal

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Speaker 1: repression and foreign aggression led by President Putin. Donald Trump

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Speaker 1: pledged a fresh round of tax cuts Friday if he

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Speaker 1: wins the presidency, following up on legislation passed during his

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Speaker 1: term in the White House which reduced levies on businesses

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Speaker 1: and some households. You're all getting the biggest tax cuts

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Speaker 1: because we're doing additional cuts and a brand new Trump

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Speaker 1: economic boom like you've never seen before. Trump said this

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Speaker 1: at a rally in South Carolina on Friday, a day

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Speaker 1: before the state's primary, Trump said that he would make

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Speaker 1: sure that tariffs on foreign countries go up and that

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Speaker 1: taxes on American workers and families will come down very substantially.

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Speaker 1: Trump has considered a range of tariff plans, including a

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Speaker 1: ten percent across the board tax and imported goods, and

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Speaker 1: considerably higher levels on products from China. Economists have worn

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Speaker 1: that the cost of these tariffs are generally borne by consumers.

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Speaker 1: The South Carolina primary is Saturday. Nicky Haley's best case

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Speaker 1: scenario for her home state's Republican primary might be to

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Speaker 1: do well enough to make the March fifth Super Tuesday

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Speaker 1: slate somewhat competitive against Donald Trump from the Palmetto State.

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Speaker 1: Bloomberg White House politics reporter Christian Hall says this race

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Speaker 1: is all about Trump's control of the GOP.

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Speaker 3: fIF fifty years ago, Nicky Haley was seen as this

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Speaker 3: star on the fringe of the Tea Party, and there

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Speaker 3: was so much excitement about her and the future of

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Speaker 3: the GOP. And I think the bigger story here is

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Speaker 3: just how it is amazing how Donald Trump came into

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Speaker 3: the GOP and basically made it his own and a

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Speaker 3: lot of the establishment figures are now you know backing

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Speaker 3: Donald Trump.

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Speaker 1: Christian Hall speaking with Bloomberg's Joe Matthew. Polls closed Saturday

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Speaker 1: at seven pm. In South Carolina, the Democrats held their

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Speaker 1: primary there on February third, selecting Joe Biden. The New

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Speaker 1: York Post reports that the US government distracting a high

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Speaker 1: altitude balloon of unknown origin, and officials insist that it

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Speaker 1: is not a security threat. The balloon, flying at an

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Speaker 1: altitude between forty three thousand and forty five thousand feet,

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Speaker 1: was determined to be not maneuverable and poses no threat

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Speaker 1: to national security. The North American Aerospace Defense Command told

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Speaker 1: the Post this on Friday. The nation's airspace watchdog described

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Speaker 1: it as small and said it's fighter jets intercepted the

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Speaker 1: balloon over Utah. NORAD will continue to track and monitor

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Speaker 1: the balloon, The military agency said this in a statement.

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Speaker 1: The FAA also determined the balloon posed no hazard to

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Speaker 1: flight safety. The purpose of the balloon, though, was unclear.

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Speaker 1: US officials told CBS News, which first reported on the

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Speaker 1: balloon's presence over US airspace, that it was flying over

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Speaker 1: Colorado earlier on Friday and drifting in an easterly direction.

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Speaker 1: Following the path of the jet stream on Wall Street,

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Speaker 1: the second straight Dow and S and P records. The

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Speaker 1: Dow on Friday up sixty two, the S and P

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Speaker 1: up two. The Nasdaq, well, it fell forty five points.

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Speaker 1: And that's news when you wanted with Bloomberg news. Now

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Speaker 1: I made Kleggy and this is Bloomberg