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

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Speaker 1: ad Kelengy Democrats registered their biggest political victory since their

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Speaker 1: stinging loss to Donald Trump a year ago with a

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Speaker 1: series of winds Tuesday night in Virginia, New Jersey, and

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Speaker 1: New York, as the party coalesced around a message of

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Speaker 1: economic affordability and voters delivered a repudiation of the president.

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Speaker 1: Mikey Cheryl in New Jersey and Abigail Spanburger in Virginia

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Speaker 1: both campaigned for governor on pocketbook issues, lowering costs, expanding childcare,

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Speaker 1: and restoring stability after months of economic turbulence and a

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Speaker 1: government shutdown that stretched past five weeks. Here's Mikey Cheryl

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Speaker 1: speaking in East Brunswick, New Jersey.

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Speaker 2: Serving you is worth any tough fight I have to

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Speaker 2: take on, and I am incredibly honored to be your

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Speaker 2: next governor.

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Speaker 1: And Governor elect Abigail Spanberger speaking at her headquarters in Virginia,

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Speaker 1: we sent.

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Speaker 2: A message to the whole world that in twenty twenty five,

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Speaker 2: Virginia chose pragmatism over partisanship.

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Speaker 1: In New York cities are on. Mom Donnie, a progressive

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Speaker 1: Democrat who ran an insurgent campaign for mayor. One Tuesday

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Speaker 1: after emphasizing the same message on the cost of living,

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Speaker 1: tackling housing costs and widening inequality in the nation's financial capital,

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Speaker 1: Mam Donnie spoke to supporters in Brooklyn.

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Speaker 3: New York, tonight. You have delivered, AMANDU for change, for

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Speaker 3: a new kind of politics, for a city we can afford,

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Speaker 3: for a government that delivers exactly that.

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Speaker 1: Mam Donnie defeated Independent Andrew Cuomo and Republican Curtis Sliwa.

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Speaker 1: And we should note that Michael Bloomberg, founder and majority

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Speaker 1: owner in Bloomberg LP, the parent company of Bloomberg Radio

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Speaker 1: and Television, has endorsed Andrew Cuomo for mayor and donated

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Speaker 1: to a super pac supporting his campaign. All three races

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Speaker 1: were called soon after the polls closed, suggesting comfortable margins

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Speaker 1: for all three Democrats in a rejection of Trump's policies.

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Speaker 1: Democrats also won competitive down ballot races in Pennsylvania, where

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Speaker 1: three Supreme Court justices won retention elections, and in Georgia,

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Speaker 1: where two Democrats won seats on the state Utility Commission

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Speaker 1: by campaigning on energy costs. California voters approved a ballot

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Speaker 1: measure intended to shift as many as five congressional seats

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Speaker 1: to Democrats from Republicans, handing Governor Gavin Newsom a major

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Speaker 1: political victory in his fight against President Trump. A UPS

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Speaker 1: cargo plane crashed and exploded in a massive fireball Tuesday

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Speaker 1: while taking off of the company's global aviation hub in Louisville, Kentucky,

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Speaker 1: killing at least seven people and injuring eleven. The plane

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Speaker 1: crashed about five fifteen pm local time as it was

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Speaker 1: departing for Honolulu from UPS Worldport at Louisville Muhammad Ali

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Speaker 1: International Airport. Video show flames on the plane's left wing

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Speaker 1: and a trail of smoke. The plane then lifted slightly

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Speaker 1: off the ground before crashing and exploding in a huge fireball.

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Speaker 1: Video also revealed portions of a building's shredded roof next

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Speaker 1: to the end of the roadway. Kentucky Governor Andy Basher.

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Speaker 4: Anybody who has seen the images in the video know

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Speaker 4: how violent this crash is, and there are a lot

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Speaker 4: of families that are going to be waiting and wondering

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Speaker 4: for a period of time.

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Speaker 1: The Trump administration will comply with a court order by

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Speaker 1: providing partial food assistance benefits, an apparent walk back of

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Speaker 1: President Trump's threat to deny aid to low income Americans

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Speaker 1: until the government reopens. Here's White House Press Secretary Caroline Levin.

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Speaker 5: The administration is fully complying with the court order. I

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Speaker 5: just spoke to the President about it. The recipients of

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Speaker 5: the ESTAFF benefits need to understand it's going to take

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Speaker 5: some time to receive this money.

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Speaker 1: Earlier, Trump posted on social media that Supplemental Nutrition Assistance

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Speaker 1: Program money will be given only when the radical left

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Speaker 1: Democrats open up government, which they can easily do, and

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Speaker 1: not before. Such a move would run the risk of

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Speaker 1: defying a court order that directed the administration to resume funding.

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Speaker 1: Levitt reaffirmed the process will take time.

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Speaker 5: The Department of Agriculture, as for the latest SNAP payment

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Speaker 5: in the judges order, put out guidance to states today

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Speaker 5: on how to get that money to the recipients of SNAP,

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Speaker 5: but it's going to take some time.

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Speaker 1: For the past two days, the administration has set in

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Speaker 1: public statements and court filings that it will at least

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Speaker 1: partially fund the program this month. After US District Judge

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Speaker 1: John McConnell's ruling that the agencies should tap emergency funds

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Speaker 1: to pay for food stamps. Meanwhile, a punch Bowl News

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Speaker 1: reporter says on x all Republican senators have been invited

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Speaker 1: to the White House for a breakfast with President Trump

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Speaker 1: on Wednesday. Apple is preparing to enter the low cost

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Speaker 1: laptop market for the first time, developing a budget Mac

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Speaker 1: aim at luring away customers from Chromebooks and entry level

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Speaker 1: Windows PCs. The new device, designed for stif students, businesses,

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Speaker 1: and casual users, will target people who primarily browse the web,

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Speaker 1: work on documents, or conduct light media editing. This according

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Speaker 1: to people familiar with the matter, Apple is also targeting

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Speaker 1: would be iPad buyers who might prefer a traditional laptop

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Speaker 1: experience instead. Code named J seven hundred, the machine is

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Speaker 1: currently in active testing in Apple and in early production

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Speaker 1: with overseas suppliers. The Tuesday numbers on Wall Street the

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Speaker 1: downdrop two fifty one, NASDAK lost four to fifty six.

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Speaker 1: That's just over two percent. The S and P lost eighty.

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Speaker 1: The ten year Treasurer yield four point zero eight percent,

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Speaker 1: the two year three point five seven percent. That's news

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Speaker 1: when you want it. With Bloomberg News. Now I'm in Kleggi,

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Speaker 1: This is Bloomberg,