Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan
Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're
Speaker 1: following today, Karen.
Speaker 2: Stocks are coming off their worst week since March of
Speaker 2: last year after another disappointing jobs report revived concerns the
Speaker 2: economy is cooling and the Fed is moving too slowly
Speaker 2: to rescue it. But speaking with Bloomberg's David Gura over
Speaker 2: the weekend of the Texas Tribune Festival, Treasury Secretary Janet
Speaker 2: Yellen said she is not yet worried overall.
Speaker 3: I would say for the US the kinds of metrics
Speaker 3: that we would monitor that would summarize risks, whether it's
Speaker 3: asset valuations or the degree of leverage. Things look good.
Speaker 3: There are not I don't see red lights flashing.
Speaker 2: Treasury Secretary Janet Yellen, speaking with Bloomberg's David Gurra, she
Speaker 2: reiterated her view that the US economy has reached a
Speaker 2: soft landing, even as job growth weekends.
Speaker 1: Well, Nathan, traders will now be keeping a close eye
Speaker 1: on the next key economic data point. On Wednesday, we
Speaker 1: get the Consumer Price Index report for the month of August,
Speaker 1: and we get more from Bloomberg Market's Live strategist Mary Nicola.
Speaker 4: It was almost up until a labor market report that
Speaker 4: the CPI was dismissed, that labor market was going to
Speaker 4: give us an inclination of what the Fed was going
Speaker 4: to do. And of course now that that's not the case,
Speaker 4: really the onus goes back on CPI. If you get
Speaker 4: a weaker number, then obviously it could precipitate expectations of
Speaker 4: a jumbo rit cut of fifty basis points because of
Speaker 4: the fact that it tells you that the FED should
Speaker 4: no longer be concerned about inflation. However, you get an
Speaker 4: upside surprise, and then it makes the FED a little
Speaker 4: bit more cautious because of the fact that the inflation
Speaker 4: genie is not fully back in the bottle.
Speaker 1: Bloomberg Market's Live strategist Mary Nicola says, a day after
Speaker 1: we get the CPI, investors will get another infla reading
Speaker 1: on Thursday with producer prices.
Speaker 2: For the month of August when Asia karen deflation risk
Speaker 2: is rising in China. We get more on that from
Speaker 2: Bloomberg Daybreak Asia anchor Brian Curtis and Hong Kong.
Speaker 5: China's consumer prices rose less than expected. Last month, it's
Speaker 5: more data showing that households are simply not spending. The
Speaker 5: CPI gained six tenths of a percent from a year earlier,
Speaker 5: compared to a forecast of seven tenths of a percent.
Speaker 5: In the meantime, factory gate price has slid one point
Speaker 5: eight percent from a year ago. Economists had expected a
Speaker 5: drop of one point five percent. Former Central Bank Governor
Speaker 5: E Gung has called on policymakers to fight deflationary pressures
Speaker 5: and do it right now. In Hong Kong. Brian Curtis,
Speaker 5: Bloomberg Radio, All.
Speaker 1: Right, Brian, thank you. Now let's get the latest in
Speaker 1: the presidential race. Kamala Harris and Donald Shrump are getting
Speaker 1: ready for their first and for now only debate tomorrow
Speaker 1: night in Philadelphia, and the race is air tied with
Speaker 1: fifty seven days until the election. The latest New York
Speaker 1: Times Siena College pull has Trump in the lead over
Speaker 1: Harris among registered voters by just one percentage point forty
Speaker 1: eight percent forty seven percent. Nikki Hayley was the last
Speaker 1: Republican to challenge Trump in the primary. She says Harris
Speaker 1: is vulnerable.
Speaker 6: Tomorrow night, you look at Kamala Harrison. It's quite remarkable.
Speaker 6: She never had a debate, she never had a primary,
Speaker 6: she never had anyone vote for her, and they basically
Speaker 6: took her and in forty eight hours they put her
Speaker 6: back out there and she was this whole new candidate.
Speaker 1: And following the debate, Harris plans to travel to key
Speaker 1: battleground states, including North Carolina on Thursday. That state's Democratic governor,
Speaker 1: Roy Cooper says he knows the race is tied.
Speaker 7: There's no question about it.
Speaker 2: It's close here in North Carolina it always is.
Speaker 8: This was Biden Harris's closest loss.
Speaker 1: In twenty twenty, only one point three percent. Roy Cooper
Speaker 1: and Nikki Haley were both guests on CBS's Face the Nation,
Speaker 1: which can be heard Sundays on Bloomberg Radio. Our coverage
Speaker 1: of the ABC News presidential debate begins tomorrow night at
Speaker 1: eight pm Wall Street Time on a special edition of
Speaker 1: Balance of Power on Bloomberg Radio and Television.
Speaker 2: In company News, Karen, it is a big day for Apple.
Speaker 2: The company unveils its iPhone sixteen today. While the new
Speaker 2: iPhone line will be the focus of the product launch,
Speaker 2: its slumping wearable device business is poised to get a
Speaker 2: boost as well. For the first time since the end
Speaker 2: of twenty twenty two, Apple is unveiling major changes to
Speaker 2: the Apple Watch and air Pod earbuds. All three versions
Speaker 2: of the smart watch, the se the Standard series line,
Speaker 2: and the Ultra, will be upgraded, and the two lower
Speaker 2: end air Pods will get the most significant update in
Speaker 2: their history.
Speaker 1: Well Nathan Shares a Boeing up three point four percent
Speaker 1: this morning. The planemaker and its largest union say they've
Speaker 1: hammered out a landmark deal to potentially avoid a strike.
Speaker 1: Begin more from Bloomberg's Doun Krisner.
Speaker 9: The breakthrough came after a marathon marketing session. The current
Speaker 9: contract expires at midnight September twelfth, and a possible strike
Speaker 9: is looming. The deal includes a twenty five percent wage
Speaker 9: increase over four years, as well as a commitment to
Speaker 9: build Boeing's next plane in the Seattle area. There are
Speaker 9: sweeteners if workers accept the accord, and immediate eleven percent
Speaker 9: pay bump, along with a three thousand dollars bonus to
Speaker 9: be paid at the end of the month. Boeing CEO
Speaker 9: Kelly Ortberg has pledged to reset long contentious labor relations,
Speaker 9: but it's too soon to know if workers will go
Speaker 9: along or buck their leadership. In New York, I'm Doug Prisner,
Speaker 9: Bloomberg Radio.
Speaker 2: Thanks Doug. Circle K is trying to keep its takeover
Speaker 2: bid for seven eleven alive. The Canadian owner of Circle K, Kushtard,
Speaker 2: has told Japan's Seven and I Holdings it wants to
Speaker 2: work together on a friendly takeover after the Japanese convenience
Speaker 2: store operator pushed back on Kushtard's initial proposal. Seven and
Speaker 2: I is the operator of seven to eleven shops. It
Speaker 2: rejected Kushtard's prices too low in front with regulatory risk,
Speaker 2: and made clear that price was the issue, not the
Speaker 2: idea of an acquisition itself. A potential deal would create
Speaker 2: a global convenience store behemoth with more than one hundred
Speaker 2: thousand stores. It would represent the biggest ever foreign takeover
Speaker 2: of a Japanese company.
Speaker 1: And Nathan discount retailer Big Losses found for bankruptcy Big
Speaker 1: Losses among a number of troubled retailers that have been
Speaker 1: hurt by a slowdown in home spending. Collins and LL
Speaker 1: Flooring Holdings also filed bankruptcies in recent months. Time now
Speaker 1: for a look at some of the other stories making
Speaker 1: news in New York and around the world. For that,
Speaker 1: we're joined by Bloomberg's John Tucker, John, Good Morning and
Speaker 1: Good Morning, Karen.
Speaker 10: The White House today is taking steps to lower mental
Speaker 10: healthcare costs. We get more of this report from Bloomberg's
Speaker 10: Jeff Bellinger.
Speaker 7: New guidelines seek to ensure that Americans have the same
Speaker 7: access to mental health and substance use benefits that they
Speaker 7: have two physical health benefits. The proposal seeks to build
Speaker 7: on the two thousand and eight Mental Health Parity and
Speaker 7: Addiction Equity Act, which required insurance companies to provide the
Speaker 7: same access to mental and physical treatment when the bill passed,
Speaker 7: it did not require some non federal government health plans,
Speaker 7: like those offered to state and local government employees, to
Speaker 7: comply with its requirements. Jeff Bellinger, Bloomberg Radio.
Speaker 10: Republican lawmakers accused the Biden administration of lying to Americans
Speaker 10: and sacrificing the safety of US soldiers during the twenty
Speaker 10: twenty one Afghanistan withdrawal. The accusation comes in a report
Speaker 10: that seeks to implicate Vice President Kamala Harris before the election.
Speaker 10: Is as President Joe Biden's team misled and in some
Speaker 10: instances directly lied to the American people at every stage
Speaker 10: of the Afghanistan withdrawal a gun and killed three Israelis
Speaker 10: at a terminal on Jordan's border with the Israeli occupied
Speaker 10: West Bank on Sunday. It's the first such incident since
Speaker 10: the Gods of War began in October. Israel's army sent
Speaker 10: the gunman accused access the allenby Pridge Crossing also known
Speaker 10: as the King Hussain Bridge from the Jordanian side, fired
Speaker 10: shots before he was killed by Israeli guards. Jerry selection
Speaker 10: is set to begin today in the federal trial of
Speaker 10: three former Memphis police officers charged with violating the civil
Speaker 10: rights of Tyree Nichols. He's the twenty nine year old
Speaker 10: man whose fatal beating last year was caught on police cameras,
Speaker 10: also triggering protests and calls for police reform. A storm
Speaker 10: system in the Gulf of Mexico forecast to strengthen into
Speaker 10: a hurricane early this week, bringing heavy rain, damaging winds,
Speaker 10: and potentially life threatening storm surges departs of the Texas
Speaker 10: and Louisiana coastlines. If it continues to strengthen, it'll be
Speaker 10: named tropical storm France scene and a good Samaritan with
Speaker 10: a familiar name helped to save a choking man at
Speaker 10: the Hampton Beach Lobster roll eating competition in New Hampshire Sunday.
Speaker 10: Governor Chris Sanunu was at the event. He says he
Speaker 10: was the first to notice a contestant having trouble breathing.
Speaker 10: The Governor performed the Heimlich maneuver before first responders took
Speaker 10: over and helped free the stuck piece of lobster.
Speaker 11: She went right back to the contest for who would
Speaker 11: I couldn't believe he had another seven lobster after that,
Speaker 11: right down the gullet.
Speaker 10: Governor Snuno speaking there to wm R Global News twenty
Speaker 10: four hours a day, whatever you want it with Bloomberg News. Now,
Speaker 10: I'm John Tucker and this is Bloomberg Nathan and.
Speaker 1: Karen another seven lobster roswell, John, thank you time now
Speaker 1: for the Bloomberg Sports Update with John stash Hour.
Speaker 7: John, Good morning, Good morning Karen.
Speaker 12: It was the Giants one hundred season opener and one
Speaker 12: of their worst. They left the Vikings score in the
Speaker 12: first quarter. They game a ninety nine yard drive in
Speaker 12: the second. Minnesota scored again early in the third. One later,
Speaker 12: the Giants had the ball deep in their own territory
Speaker 12: Spike's Lee twenty one to six.
Speaker 11: Jones holy threw it to ben Gekle touchdown. That's book
Speaker 11: four touchdown in Andrew ben Gikle's career, and he read
Speaker 11: Daniel Jones like a book, and that book had a
Speaker 11: happy ending seven to six Minnesota.
Speaker 12: On k Fan twenty eight six the final. Many of
Speaker 12: the fans headed for the exit early, and the ones
Speaker 12: that stuck around spend much of their time booing the
Speaker 12: Giants effort, especially in left offensively under one hundred yards
Speaker 12: in the first half. Daniel Jones severely outplayed by the
Speaker 12: Viking Sam Darnold, the x jeed, who completed his first
Speaker 12: twelve passes two for touchdown. Jones at his last two
Speaker 12: seasons has only two TD passes, eight interceptions, and only
Speaker 12: one victory the Patriots and a surprise one for new
Speaker 12: coach to Rod Meos sixteen to ten at Cincinnati. The
Speaker 12: Commanders lost at Tampa Bay thirty seven to twenty. Dallas
Speaker 12: won thirty three seventeen at Cleveland after Dak Prescott got
Speaker 12: a new sixty million dollars a year contract Miami on
Speaker 12: a last second field goal by Jacksonville Tyreek Hill had
Speaker 12: an eighty yard catch after getting stopped for speeding and
Speaker 12: getting handcuffed on his way to the stadium. Last night overtime,
Speaker 12: Detroit beat the Rams twenty six to twenty one. Game
Speaker 12: left in Week one that's the Jets and forty nine
Speaker 12: Ers tonight ed Reigley Cubzel. The four Heads had only
Speaker 12: seven hits of the three game series, where they scored twice.
Speaker 12: In the first Name North Garrett Cole topped the Yankees
Speaker 12: two to one, a game with no scoring after the
Speaker 12: top of the second. The Mets nine game winning streak
Speaker 12: end in Cincinnati scored two of the ninth to win
Speaker 12: three to one. US Open final. Yannick Sinner showed why
Speaker 12: he's ranked number one, straight sets over Taylor Fritz. Still,
Speaker 12: no American man has won of Grand Slam in twenty
Speaker 12: one years. John Stashiellward, Bloomberg Sports, Karen Nathan.
Speaker 7: Coast to Coast on Bloomberg Radio nationwide on Sirius XM,
Speaker 7: and around the world on Bloomberg dot Com and the
Speaker 7: Bloomberg Business app.
Speaker 2: This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. Treasury
Speaker 2: Secretary Janet Yellen is reiterating her view that the US
Speaker 2: economy has reached a soft landing per comments followed last
Speaker 2: week's stock sell off in months of soft jobs data.
Speaker 2: In an interview with Bloomberg's David Gura at the Texas
Speaker 2: Tribune Festival in Austin, Yellen also underscored the importance of
Speaker 2: US engagement with China. We now want to bring you
Speaker 2: part of their discussion.
Speaker 3: But when I look at it, the economy broadly speaking,
Speaker 3: is very strong growth deep into a recovery. With the
Speaker 3: economy operating it basically at full employment. We're still seeing
Speaker 3: three percent growth roughly over the last year, and it
Speaker 3: continues consumer spending, investment, spending, solid, inflation coming down substantially,
Speaker 3: and I believe headed back to the FIDS two percent goal.
Speaker 3: And what I describe as a strong, solid labor market. Clearly,
Speaker 3: the pace of job creation has gone down, and that's
Speaker 3: something we should expect. The unemployment rate has moved up
Speaker 3: somewhat off it's very low level of I think it
Speaker 3: got down to three point four percent, but it's not
Speaker 3: common in the United States to have unemployment rates in
Speaker 3: the four and it's what I think of is a
Speaker 3: employment economy.
Speaker 8: You say, many people would call that a soft landing.
Speaker 8: So that is the FED being able to get high
Speaker 8: inflation under control without triggering a deep downturn or recession.
Speaker 3: That's right.
Speaker 8: Many people would say that. Do you say that as well?
Speaker 8: Do you think that it's Are you fairly confident that
Speaker 8: we're going to get done?
Speaker 3: I think what we're seeing now is consistent with that.
Speaker 3: While there are risks, it really has been amazing to
Speaker 3: be able to get inflation down as meaningfully as we have.
Speaker 3: And I'd say also, wages are going up at a
Speaker 3: decent clip, and real wages adjusted for inflation are rising,
Speaker 3: and they well, a lot of especially low income households,
Speaker 3: are under stress. Aspects of the cost of living for
Speaker 3: them are genuinely challenging, and it's our administration's top priority
Speaker 3: to try to address that. It's still true that wages
Speaker 3: have gone up since before the pandemic in real or
Speaker 3: inflation adjusted terms, and continuing to rise at a decent basic.
Speaker 8: What is your secret as you think of embracing this
Speaker 8: role as a diplomat? What has made you particularly i'll
Speaker 8: say particularly good or have the.
Speaker 3: Facility for well, well, thank you for the compliment. I've
Speaker 3: seen this sort of diplomatic initiative, both with China and
Speaker 3: with other countries as really critical because we need to
Speaker 3: work together collaboratively to solve every global problem that we face,
Speaker 3: from climate change to Russia's aggression, to issues that we
Speaker 3: have with China. And during the previous administration, I'm sorry
Speaker 3: to say, our alliance is fred and you know, it
Speaker 3: was America first, and that should really never be America alone,
Speaker 3: and it was necessary to rebuild alliances to work with
Speaker 3: allies around the world. And that's been a broad that's
Speaker 3: been a broad effort, and I think we really have succeeded.
Speaker 3: And perhaps we'll talk about this, but when Russia attacked Ukraine,
Speaker 3: we had an alliance that came together in a matter
Speaker 3: of a day or two to strongly counter what Russia
Speaker 3: was doing. We've stayed together and we've worked together to
Speaker 3: address and this is broad effort G twenty or larger
Speaker 3: to address climate change and problems afflicting poor countries around
Speaker 3: the world, to address pandemics, created a pandemic fund knowing
Speaker 3: the properly be another pandemic unfortunately, and we need to
Speaker 3: be better prepared than we were for COVID. So on
Speaker 3: many different fronts, we've tried to rebuild alliances, and with
Speaker 3: respect to China, relations had really deteriorated during the pandemic
Speaker 3: and we went for a period of close to two
Speaker 3: years without any meaningful senior level contact between US and Chinese,
Speaker 3: and that was really a very dangerous state of affairs.
Speaker 3: President Biden met with President she In Bali. I was
Speaker 3: at that meeting, and they agreed that it was important
Speaker 3: to re establish relationships.
Speaker 2: And that was the Secretary of the US Treasury Janet Yellen,
Speaker 2: speaking with Bloomberg's David Gera. You can listen to their
Speaker 2: entire interview on the Bloomberg Talks podcast. Subscribed to hear
Speaker 2: all our high profile conversations on Apple, Spotify, or anywhere
Speaker 2: else you get your podcasts. And David is here with
Speaker 2: us now for more on his conversation with the US
Speaker 2: Treasury Secretary. David, good morning, thanks for being here. Wide
Speaker 2: ranging discussion, but a lot of focus on the Treasury
Speaker 2: secretary saying that a soft landing has been achieved even
Speaker 2: with job growth slowing. How does she square that circle?
Speaker 8: Yeah, she said in that bit of tape that you played,
Speaker 8: and we had our conversation a day after those jobs
Speaker 8: numbers came out. She feels very confident that we're getting
Speaker 8: back to a level that would be considered more normal
Speaker 8: in regular times. And all the while we did talk
Speaker 8: about the trend that we've seen over the course of
Speaker 8: the year. So obviously, if you look at the three
Speaker 8: month average of what we've seen, it is dramatically lower
Speaker 8: in those non farm payrolls than what we had at
Speaker 8: the beginning of this year. She acknowledges that I asked
Speaker 8: her if there is any chance or if she sees
Speaker 8: any risk of us getting a negative print in those
Speaker 8: numbers by the end of the year, and she didn't
Speaker 8: bite it that question. But she's a labor economist by training,
Speaker 8: of course, Nathan, this is her bread and butter. And
Speaker 8: in a conversation that we had there on stage and
Speaker 8: the day before when I accompanied her on a tour
Speaker 8: of a big IRS facility in Austin, right after those
Speaker 8: numbers came out, she continued to express confidence in the
Speaker 8: health or the strength of the labor market. So she
Speaker 8: acknowledges that there are those who are fearful that we're headed,
Speaker 8: perhaps to her higher unemployment, but at this point feels
Speaker 8: confident that things are indeed going in the right direction.
Speaker 2: You have to think that the Treasury Secretary was cognizant
Speaker 2: of the selloff happening after those numbers came out, and
Speaker 2: perhaps trying to soothe the markets to some extent. Was
Speaker 2: there some of that involved.
Speaker 8: Do you think she was projecting calm and she speaks
Speaker 8: in a very matter of fact and careful way. You
Speaker 8: heard that in that tape as well. Another question that
Speaker 8: I asked her over the course of that hour long
Speaker 8: conversation is from her vantage, does she see pockets of
Speaker 8: risk elsewhere in the financial system? And she brought up
Speaker 8: money market funds, which she, under her stewardship of the
Speaker 8: Financial of ESSOK, the kind of overarching financial regulation board
Speaker 8: has worked to tackle. She talked about cybersecurity, so she
Speaker 8: said she saw no flashing red lights when she looks
Speaker 8: at the financial system broadly. But I think you're right, Nathan.
Speaker 8: I think she was actively trying to assure the markets there.
Speaker 2: Now, although interesting to hear say no flashing lights a
Speaker 2: day after we did see that big sell off, the
Speaker 2: worst sell off since the last time we saw flashing
Speaker 2: lights in the financial system around the time of the
Speaker 2: regional bank crisis.
Speaker 8: We talked about that as well. And there are a
Speaker 8: couple of moments over the course of her tenure when
Speaker 8: she and her colleagues at Treasury, colleagues around the world
Speaker 8: have had to get together and deal with crises. Certainly
Speaker 8: the war in Ukraine is one of them. But she
Speaker 8: did talk about that kind of compressed moment when we
Speaker 8: saw the collapse of First Republic. There was so much
Speaker 8: concern about contagion and they had to get together, so
Speaker 8: it was safe. I didn't introduce the subject of those
Speaker 8: failed banks.
Speaker 1: She did.
Speaker 8: It's safe to assume it still feels quite raw for
Speaker 8: her and is kind of a signal moment in her career.
Speaker 8: I mean, it was so wonderful to have so much
Speaker 8: time with her. She I kind of off handedly asked her,
Speaker 8: if there's any chance that she remains in office after
Speaker 8: January twenty fifth, If you know Kamala Harris would be reelected,
Speaker 8: would she stay in the job. She didn't bat that
Speaker 8: away entirely, but made it seem like she probably she
Speaker 8: probably would be done. But it was a moment to
Speaker 8: both look ahead to what she hopes to accomplish here
Speaker 8: in these next few months presumably of her tenure, her
Speaker 8: final months of her tenure, but also back on some
Speaker 8: of those crisis moments, including what happened with those regional banks.
Speaker 2: Yeah, I did want to ask you if it felt
Speaker 2: more like an exit interview to speak with Treasury Secretary
Speaker 2: Yellen at this point, or whether she is thinking about
Speaker 2: perhaps staying on a little bit longer. Is she running
Speaker 2: through the tape, or is this sort of the end
Speaker 2: for her?
Speaker 8: She made it seem like she was. I mean, the
Speaker 8: interview was an hour and we had two or three
Speaker 8: minutes left, and I said, you have this to do.
Speaker 8: List what's on and give me a couple of things,
Speaker 8: and she gave quite a long answer of things that
Speaker 8: she hopes to accomplish. But it gave me more perspective
Speaker 8: on just the breadth of that job, what you have
Speaker 8: to do when you are the Treasury Secretary. And it's
Speaker 8: something that she expressed to me she's had to learn
Speaker 8: along the way. She is obviously incredibly accomplished and has
Speaker 8: had all of these key jobs, of course, the chief
Speaker 8: Economic Advisor to Preston Clinton, Federal Reserve Vice Chair and
Speaker 8: chair head of the San Francisco Federal Reserve Bank, and
Speaker 8: now the Treasury secretary, all of these new and novel
Speaker 8: she had trained academic economists who has really embraced and
Speaker 8: found her way in each of these roles. She did
Speaker 8: not make it seem like that she'll be resting on
Speaker 8: her laurels and in any sense here in the next
Speaker 8: few months.
Speaker 2: Yeah, and certainly I know you're not going to be
Speaker 2: resting heading right over to Philadelphia for tomorrow night's first
Speaker 2: debate and perhaps only debate between Vice President Harris and
Speaker 2: former President Trump. Does this conversation with Secretary Yellen inform
Speaker 2: what you're going to be thinking about as we head
Speaker 2: into this encounter tomorrow, Knight.
Speaker 8: Yeah, she Janet Yellen stuiously avoids talking about politics, but
Speaker 8: did talk a lot about the Biden administration, Biden Harris
Speaker 8: administration's economic priorities. And I'm very interested in Nathan and
Speaker 8: hearing how much concrete policy comes up over the course
Speaker 8: of this debate. But as you point out, this is
Speaker 8: on the calendar the only time that these two candidates
Speaker 8: are supposed to meet face to face, and quite deliciously,
Speaker 8: they've never been in the same room together before, So
Speaker 8: there is the drama in theat of that the two
Speaker 8: candidates facing each other on stage. But yes, I think
Speaker 8: that what I heard from gannet Yellen was a lot
Speaker 8: of pride and emphasis in the policies that they have
Speaker 8: been able to put in place since the COVID pandemic,
Speaker 8: and obviously a sense of urgency as well as she
Speaker 8: looks kind of unfinished business, mindful of what would happen
Speaker 8: to those initiatives if Vice President Harris loses this election
Speaker 8: and former President Trump were to win.
Speaker 2: This is Bloomberg day Break Today, your morning brief on
Speaker 2: the stories making news from Wall Street to Washington and beyond.
Speaker 1: Look for us on your podcast feed at six am
Speaker 1: Eastern each morning, on Apple, Spotify, and anywhere else you
Speaker 1: get your podcasts.
Speaker 2: You can also listen live each morning starting at five
Speaker 2: am Wall Street time on Bloomberg eleven three to zero
Speaker 2: in New York, Bloomberg ninety nine to one in Washington,
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Speaker 2: Serious xmb iHeartRadio app and on Bloomberg dot Com. I'm
Speaker 2: Nathan Hager and I'm Karen Moscow.
Speaker 1: Join us again tomorrow morning for all the news you
Speaker 1: need to start your day right here on Bloomberg Daybreak