1 00:00:01,480 --> 00:00:04,280 Speaker 1: News when you wanted with Bloomberg News. Now I'm Doug Prisner, 2 00:00:04,400 --> 00:00:07,680 Speaker 1: and we begin with the public memorial service honoring the 3 00:00:07,760 --> 00:00:12,080 Speaker 1: conservative activist Charlie Kirk. He was assassinated in Utah on 4 00:00:12,119 --> 00:00:16,000 Speaker 1: September tenth. Today, his supporters packed into the State Farm 5 00:00:16,120 --> 00:00:20,240 Speaker 1: Stadium in Glendale, Arizona. President Trump delivered the eulogy. 6 00:00:20,560 --> 00:00:23,119 Speaker 2: I know I speak for everyone here today when I 7 00:00:23,200 --> 00:00:27,080 Speaker 2: say that none of us will ever forget Charlie Kirk, 8 00:00:28,200 --> 00:00:29,720 Speaker 2: and neither now will history. 9 00:00:30,160 --> 00:00:32,920 Speaker 1: Also making remarks was Kirk's widow, Erica. 10 00:00:33,400 --> 00:00:39,040 Speaker 2: I felt everything you would expect to feel. I felt shock, 11 00:00:40,880 --> 00:00:48,479 Speaker 2: I've felt poor, and a level of heartache that I 12 00:00:48,600 --> 00:00:50,040 Speaker 2: didn't even know existed. 13 00:00:50,360 --> 00:00:53,279 Speaker 1: Erica Kirk. There she will take over her late husband's 14 00:00:53,280 --> 00:00:57,760 Speaker 1: post as CEO and Chair of Turning Point USA. Canada, 15 00:00:57,840 --> 00:01:02,200 Speaker 1: the UK, and Australia are former recognizing the Palestinian state. 16 00:01:02,560 --> 00:01:06,360 Speaker 1: The Canadian and Australian government separately announced the move on Sunday. 17 00:01:06,680 --> 00:01:10,360 Speaker 1: They called it a coordinated international effort toward a two 18 00:01:10,480 --> 00:01:14,039 Speaker 1: state solution, and later in a video statement, British Prime 19 00:01:14,040 --> 00:01:17,560 Speaker 1: Minister kir Starmer announced the UK would join the effort. 20 00:01:17,640 --> 00:01:20,200 Speaker 3: In the face of the growing horror in the Middle East. 21 00:01:21,160 --> 00:01:24,679 Speaker 3: We are acting to keep alive the possibility of peace 22 00:01:25,440 --> 00:01:29,480 Speaker 3: and a two state solution that means a safe and 23 00:01:29,600 --> 00:01:34,520 Speaker 3: secure Israel alongside a viable Palestinian state. 24 00:01:34,319 --> 00:01:37,600 Speaker 1: That is UK Prime Minister Kir Starmer Now other nations 25 00:01:37,640 --> 00:01:40,680 Speaker 1: are expected to follow suit at this week's UN General 26 00:01:40,720 --> 00:01:43,560 Speaker 1: Assembly in New York. Now, the office of Israeli Prime 27 00:01:43,560 --> 00:01:48,320 Speaker 1: Minister Benjamin Etniahu responded with a post on x It reads, quote, 28 00:01:48,640 --> 00:01:51,400 Speaker 1: it's not going to happen. There will be no Palestinian 29 00:01:51,440 --> 00:01:54,480 Speaker 1: state to the west of the Jordan River. President Trump 30 00:01:54,520 --> 00:01:57,520 Speaker 1: says he will meet with Chinese President Chi Jinping next 31 00:01:57,600 --> 00:02:01,320 Speaker 1: month on the sidelines of the APEX summity in South Korea. Now, 32 00:02:01,360 --> 00:02:04,800 Speaker 1: this follows a phone call last Friday between the two leaders, 33 00:02:04,840 --> 00:02:08,200 Speaker 1: and in that call, Trump said there was progress toward 34 00:02:08,280 --> 00:02:11,880 Speaker 1: finalizing a deal on TikTok. Here is Bloomberg Steven Engel 35 00:02:11,919 --> 00:02:12,600 Speaker 1: in Hong Kong. 36 00:02:12,960 --> 00:02:16,440 Speaker 4: They've also come to basic agreement on the TikTok deal 37 00:02:17,200 --> 00:02:20,720 Speaker 4: that has been obviously up in the air for quite 38 00:02:20,720 --> 00:02:23,640 Speaker 4: some time. It's actually something that even Donald Trump himself 39 00:02:23,800 --> 00:02:26,400 Speaker 4: has flip flopped on as far as you know, initially 40 00:02:26,400 --> 00:02:28,920 Speaker 4: opposing it and now agreeing to it to keep it 41 00:02:29,000 --> 00:02:31,679 Speaker 4: in US hands. And that's what you know, according to 42 00:02:31,680 --> 00:02:34,680 Speaker 4: the White House spokesperson, saying the deal is pretty much done, 43 00:02:34,720 --> 00:02:37,040 Speaker 4: it just needs to be officially signed. 44 00:02:37,080 --> 00:02:40,520 Speaker 1: That is Bloomberg Stephen Engel now separately. President Trump also 45 00:02:40,639 --> 00:02:43,600 Speaker 1: suggested that Fox Corp. Will be involved in the US 46 00:02:43,720 --> 00:02:46,680 Speaker 1: takeover of TikTok from its Chinese owners. He in an 47 00:02:46,720 --> 00:02:50,600 Speaker 1: interview on Fox News airing Sunday, Trump mentioned Lachlan Murdoch 48 00:02:50,639 --> 00:02:53,960 Speaker 1: and his father Rupert when asked to name the individuals 49 00:02:53,960 --> 00:02:57,280 Speaker 1: investing in TikTok. He also mentioned, by the way, Larry Ellison, 50 00:02:57,360 --> 00:03:01,040 Speaker 1: the chairman of Oracle, and Michael dellchairman of Dell Inc. 51 00:03:01,560 --> 00:03:04,800 Speaker 1: The Bureau of Labor Statistics is postponing the release of 52 00:03:04,840 --> 00:03:08,960 Speaker 1: an annual report on consumer expenditures. It was expected this 53 00:03:09,040 --> 00:03:12,320 Speaker 1: coming Tuesday. We have more from Bloomberg's Denise Pellegrini. 54 00:03:12,680 --> 00:03:16,440 Speaker 5: The announcement on the BLS website doesn't provide any explanation 55 00:03:16,639 --> 00:03:19,519 Speaker 5: for the change, saying simply it will update users when 56 00:03:19,520 --> 00:03:22,720 Speaker 5: more information is available. The move is adding to questions 57 00:03:22,720 --> 00:03:26,880 Speaker 5: about the agency's operations following President Trump's firing of its chief. 58 00:03:27,080 --> 00:03:30,120 Speaker 5: She was removed last month after her agency reported weak 59 00:03:30,240 --> 00:03:33,800 Speaker 5: jobs growth in July and substantial downward revisions to the 60 00:03:33,840 --> 00:03:36,680 Speaker 5: prior two months Denise Pellgrity Bloomberg Radio. 61 00:03:36,960 --> 00:03:41,040 Speaker 1: On Monday, the Trump administration will reportedly unveil new efforts 62 00:03:41,080 --> 00:03:44,800 Speaker 1: on how one medication may be linked to autism and 63 00:03:45,080 --> 00:03:49,080 Speaker 1: another that can treat it. The Washington Post reports officials 64 00:03:49,120 --> 00:03:52,640 Speaker 1: plan to tie autism to aceda meenefen. This is the 65 00:03:52,680 --> 00:03:55,000 Speaker 1: active ingredient in tile and all, one of the most 66 00:03:55,000 --> 00:03:59,320 Speaker 1: widely used medications globally. Officials are expected to warn against 67 00:03:59,360 --> 00:04:02,600 Speaker 1: the use of time eleanol by pregnant women unless they 68 00:04:02,640 --> 00:04:05,560 Speaker 1: have a fever. Officials are also planning to tout a 69 00:04:05,680 --> 00:04:11,200 Speaker 1: lesser known medication called lucovorin as a potential treatment for autism. 70 00:04:11,400 --> 00:04:14,960 Speaker 1: Lucovorin is typically prescribed to counteract the side effects of 71 00:04:15,040 --> 00:04:19,839 Speaker 1: chemotherapy and to treat vitamin B nine deficiency. The US 72 00:04:19,880 --> 00:04:22,560 Speaker 1: equity market will begin a new trading week with stocks 73 00:04:22,600 --> 00:04:25,760 Speaker 1: at record highs and a light earnings calendar in the 74 00:04:25,760 --> 00:04:28,360 Speaker 1: week ahead. More from Bloomberg's Charlie. 75 00:04:28,040 --> 00:04:32,000 Speaker 6: Pellett Prospects for raycuts or bolstering the outlook for corporate 76 00:04:32,040 --> 00:04:35,960 Speaker 6: earnings Nimrit Kang as Chief investment Officer with north Star 77 00:04:36,120 --> 00:04:37,120 Speaker 6: Asset Management. 78 00:04:37,240 --> 00:04:40,120 Speaker 5: You know, corporate earnings you can say have been strong. 79 00:04:40,240 --> 00:04:41,480 Speaker 1: But let's unpack that. 80 00:04:41,839 --> 00:04:44,520 Speaker 4: Let's look at those sectors that are tiff sensitive. 81 00:04:44,600 --> 00:04:48,440 Speaker 5: Let's look at industrials, retail, those have not been great earnings. 82 00:04:48,560 --> 00:04:54,360 Speaker 6: Among the name schedule to report this week Accenture, AutoZone, Syntas, Costco, 83 00:04:54,520 --> 00:04:59,240 Speaker 6: and Micron Technology. In New York, Charlie Pellett Bloomberg Radio. 84 00:04:59,320 --> 00:05:03,680 Speaker 1: Hong Kong and International Airport is considering grounding all passenger 85 00:05:03,720 --> 00:05:07,400 Speaker 1: flights for thirty six hours. This is the region braces 86 00:05:07,440 --> 00:05:11,120 Speaker 1: for one of the strongest super typhoons in years. We 87 00:05:11,160 --> 00:05:14,120 Speaker 1: are told officials plan to halt all flights from as 88 00:05:14,160 --> 00:05:17,560 Speaker 1: early as six pm local time on Tuesday through six 89 00:05:17,600 --> 00:05:21,039 Speaker 1: am Thursday. A shutdown of that length would be the 90 00:05:21,160 --> 00:05:24,160 Speaker 1: longest in recent history. And that is news when you 91 00:05:24,200 --> 00:05:26,680 Speaker 1: want it with Bloomberg News. Now, I'm Doug Prisoner, and 92 00:05:26,720 --> 00:05:27,440 Speaker 1: this is Bloomberg