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

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Speaker 1: Koleki Elon Musk has announced on x that Tesla plans

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Speaker 1: to unveil its Robotaxi August eighth. We get more from

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Speaker 1: Bloomberg's Charlie Pellett.

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Speaker 2: The promise of a fully autonomous vehicle has long been

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Speaker 2: key to Tesla's lofty valuation. In recent weeks, Tesla has

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Speaker 2: rolled out the latest version of driver assistance software that

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Speaker 2: it markets as FSD or Full Self Driving to consumers.

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Speaker 2: The company has said that its next generation vehicle platform

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Speaker 2: will include both a cheaper car and a dedicated robotaxi.

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Speaker 2: In New York, Charlie Pellett Bloomberg Radio.

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Speaker 1: Thank you, Charlie. Just before six pm New York Time, Friday,

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Speaker 1: and aftershock was felt in the New York City Metropolitan

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Speaker 1: Areum initial indications where it was a four point zero

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Speaker 1: magnitude jolt centered southwest of Gladstone, New Jersey. According to

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Speaker 1: the US Geological sir AS, follows a Friday morning earthquake

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Speaker 1: centered in central New Jersey, which shook buildings and offices

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Speaker 1: in Manhattan and was felt for Maine all the way

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Speaker 1: down The ninety five Carter to the nation's capital. Reports

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Speaker 1: say the original four point eight magnitude tremor occurred near

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Speaker 1: White House Station, New Jersey. Bloomberg's Brandon Sapienza says.

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Speaker 3: The epicenter of the earthquake was actually a very low

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Speaker 3: in the ground. It was only a kilometer down, which

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Speaker 3: is very unique in the fact that you will feel

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Speaker 3: it more the shallower above ground that it is, and

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Speaker 3: in this case it was the one kilometer they've felt

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Speaker 3: it even in Boston.

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Speaker 1: That's Bloomberg's Brandon Sapienza, who is also obviously a fan

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Speaker 1: of the metric system, talking about Friday morning's original four

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Speaker 1: point eight magnitude earthquake, but repeating a four point zero

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Speaker 1: after shock was confirmed just before six pm New York

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Speaker 1: time Friday evening. President Biden went to Baltimore Friday afternoon

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Speaker 1: and he surveyed damage from the collapsed Francis Scott keep Bridge,

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Speaker 1: and he met with state and local efforts as well

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Speaker 1: as the families of the construction workers who died. Bloomberg's

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Speaker 1: IRV Chapman reports from Washington.

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Speaker 4: Presidents said the port of Baltimore should be fully opened

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Speaker 4: to marine traffic by the end of May. After an

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Speaker 4: aerial tour of the site. He spoke on the wind

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Speaker 4: swept shore.

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Speaker 5: From the air, I saw the bridge that's been ripped apart.

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Speaker 5: But here on the ground, I see a community that's

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Speaker 5: been pulled together. We're going to move heaven and earth

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Speaker 5: to rebuild this bridge as rapidly as humanly possible, and

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Speaker 5: we're going to do so with Union labor and American steel.

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Speaker 4: The President lauded companies including Amazon Home Depot and Domino Sugar,

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Speaker 4: who promised to keep their facilities and workers employed in Baltimore.

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Speaker 4: In Washington, Chapman Bloombergradio.

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Speaker 1: The commander of Iran's powerful Revolutionary Guard, warned on Friday

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Speaker 1: that our brave men will punish the Zionist regime escalating

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Speaker 1: threats against Israel for an airstrike that killed seven of

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Speaker 1: the group's members, including two irunning in generals. Earlier this week,

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Speaker 1: former director for Syria and Lebanon at the National Security

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Speaker 1: Council A. Gar Shamali, on the latest threat from Iran.

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Speaker 6: They seek to do things through proxies, and so that

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Speaker 6: bluster I would look at more as them communicating to

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Speaker 6: their people, because they need to show their their own

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Speaker 6: domestic audience that if they're their own compound, which is

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Speaker 6: Irani territory, if they're if their Iranian territory is attacked,

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Speaker 6: that they've got, you know, they're flexing their muscles, that

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Speaker 6: they're going to react and that they're gonna they're going

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Speaker 6: to do justice. But I expect the response really to

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Speaker 6: be through their proxies.

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Speaker 1: Agar Shamali, speaking with Bloomberg's Joe Matthew and Kaylee Lynes,

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Speaker 1: the tensions flared against the backdrop of the six month

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Speaker 1: old Israel Hamas war in Gaza and raised renewed fears

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Speaker 1: of a widening regional conflict. Federal Reserve Governor Michelle Bowman

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Speaker 1: says she continues to expect inflation will cool further with

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Speaker 1: interest rates held at current levels, but reiterated that it's

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Speaker 1: too soon to consider lowering borrowing costs.

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Speaker 7: Should the incoming data continue to indicate that inflation is

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Speaker 7: moving substantially toward our two two percent goal, it will

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Speaker 7: eventually become appropriate to gradually lower the federal funds rate

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Speaker 7: to prevent monetary policy from becoming overly restrictive. However, in

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Speaker 7: my view, we are still not yet at the point

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Speaker 7: where it's appropriate to lower the policy rate and I

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Speaker 7: continue to see a number of upside risks to inflation.

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Speaker 1: Federal Reserve Governor Michelle Bowman and women's Final four action

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Speaker 1: Friday night, Iowa defeated Yukon seventy one sixty nine and

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Speaker 1: South Carolina beat North Carolina State seventy eight fifty nine.

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Speaker 1: Iowa and South Carolina will now meet Sunday for the

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Speaker 1: women's national championship. And that's news. When you wanted with

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Speaker 1: Bloomberg News, Now I made Kleggi and this is Bloomberg