1 00:00:00,920 --> 00:00:04,760 Speaker 1: News when you wanted With Bloomberg News Now, I'm Larry Kofski. 2 00:00:05,240 --> 00:00:08,320 Speaker 1: Israel has revised down the death toll from the Hamas 3 00:00:08,320 --> 00:00:11,680 Speaker 1: attack on October seventh, putting the figure at about twelve 4 00:00:11,800 --> 00:00:14,960 Speaker 1: hundred instead of fourteen hundred. It says some of those 5 00:00:15,000 --> 00:00:19,959 Speaker 1: initially counted as casualties were actually Hamas fighters. Israeli forces 6 00:00:20,000 --> 00:00:23,759 Speaker 1: reportedly or closing in on Gaza City's main hospital, which 7 00:00:23,840 --> 00:00:26,960 Speaker 1: Israel says hi, it's a Hamas command center in tunnels 8 00:00:27,000 --> 00:00:30,680 Speaker 1: below the Hamas run. Gaza Health Ministry says the death 9 00:00:30,720 --> 00:00:34,199 Speaker 1: toll in Gaza since the war began now exceeds eleven 10 00:00:34,320 --> 00:00:39,200 Speaker 1: thousand people, including more than forty five hundred children. America's 11 00:00:39,240 --> 00:00:42,919 Speaker 1: credit rating is on shaky ground. Moody's Investor Service has 12 00:00:42,960 --> 00:00:46,159 Speaker 1: affirmed its TRIPAA rating on the US government, but it 13 00:00:46,240 --> 00:00:50,839 Speaker 1: revised its outlook from stable to negative. Bloomberg's Michael McKee 14 00:00:50,840 --> 00:00:53,960 Speaker 1: says the two other credit rating agencies have already cut 15 00:00:54,000 --> 00:00:57,120 Speaker 1: the US credit rating S and P and twenty eleven 16 00:00:57,240 --> 00:00:58,600 Speaker 1: and Fitch earlier this year. 17 00:00:58,680 --> 00:01:01,080 Speaker 2: We don't have a direct warning from pitching S and 18 00:01:01,120 --> 00:01:03,760 Speaker 2: P that they would go further than their downgrade that 19 00:01:03,800 --> 00:01:07,760 Speaker 2: they've already done, but Moody's certainly with a negative outlook, 20 00:01:08,280 --> 00:01:13,320 Speaker 2: could take additional action if the US were to have 21 00:01:13,440 --> 00:01:18,080 Speaker 2: a government shutdown next week. Maybe this could be Moody's 22 00:01:18,080 --> 00:01:19,800 Speaker 2: is looking at as a sort of a warning shot 23 00:01:20,000 --> 00:01:23,840 Speaker 2: over the bow of the USS Congress or something like that. 24 00:01:23,880 --> 00:01:27,399 Speaker 1: Another potential government shutdown is just a week away. House 25 00:01:27,480 --> 00:01:31,959 Speaker 1: GOP members are expected to unveil a continuing resolution on Saturday. 26 00:01:32,560 --> 00:01:36,160 Speaker 1: Treasury Secretary Johanet Yellen will visit China again next year 27 00:01:36,240 --> 00:01:39,240 Speaker 1: for more talks with Chinese Premier he Lee Fang. In 28 00:01:39,280 --> 00:01:42,240 Speaker 1: a statement following two days of meetings in San Francisco, 29 00:01:42,440 --> 00:01:43,280 Speaker 1: Yellen said. 30 00:01:43,040 --> 00:01:47,680 Speaker 3: We spoke to Vice Premier about our goal of achieving 31 00:01:48,000 --> 00:01:53,560 Speaker 3: a healthy economic relationship that benefits both our countries over time. 32 00:01:54,840 --> 00:01:58,480 Speaker 3: We do not seek to decouple our economy from China's. 33 00:01:59,120 --> 00:02:01,680 Speaker 3: This would be damn mining to both the US and 34 00:02:01,800 --> 00:02:05,480 Speaker 3: China and destabilizing for the world. 35 00:02:05,640 --> 00:02:09,040 Speaker 1: Yellen says better communications will enable the US and China 36 00:02:09,120 --> 00:02:13,120 Speaker 1: to work toward common solutions, address disagreements where possible, and 37 00:02:13,200 --> 00:02:18,880 Speaker 1: avoid misperceptions contributing to unintended escalations. President Biden spoke with 38 00:02:18,960 --> 00:02:22,440 Speaker 1: the ruler of Oman amid us concerns about China's efforts 39 00:02:22,480 --> 00:02:25,440 Speaker 1: to deepen its defense presence in the Middle East, and 40 00:02:25,560 --> 00:02:27,760 Speaker 1: a readout of the call, the White House said they 41 00:02:27,880 --> 00:02:32,400 Speaker 1: committed to strengthening the longstanding US Oman by lateral relationship. 42 00:02:32,880 --> 00:02:35,640 Speaker 1: Sources say the President has been briefed on what his 43 00:02:35,720 --> 00:02:39,200 Speaker 1: advisors see as a Chinese plan to build a military 44 00:02:39,240 --> 00:02:43,600 Speaker 1: facility in Oman. FBI agents have seized phones and an 45 00:02:43,600 --> 00:02:46,639 Speaker 1: iPad from New York City Mayor Eric Adams as part 46 00:02:46,680 --> 00:02:51,440 Speaker 1: of an investigation into his campaign fundraising. His attorney, Boyd Johnson, 47 00:02:51,760 --> 00:02:54,880 Speaker 1: confirms that the seizures occurred after the mayor attended a 48 00:02:54,919 --> 00:02:58,160 Speaker 1: public event Monday night. In a statement, Johnson says the 49 00:02:58,200 --> 00:03:01,440 Speaker 1: mayor has not been accused of any rolengdoing and continues 50 00:03:01,480 --> 00:03:06,880 Speaker 1: to cooperate with the investigation. Hawaii's Trump International Hotel Wakikey 51 00:03:07,000 --> 00:03:10,919 Speaker 1: is changing its name. It will become the Waikia Wakiki Beach. 52 00:03:11,240 --> 00:03:13,240 Speaker 1: It is just the latest in a long list of 53 00:03:13,280 --> 00:03:16,639 Speaker 1: properties that have ditched the Trump brand since Donald Trump 54 00:03:16,680 --> 00:03:20,680 Speaker 1: got into politics. Separately, the mortgage on former President Trump's 55 00:03:20,680 --> 00:03:23,920 Speaker 1: Manhattan tower at forty Wall Street has been transferred to 56 00:03:24,000 --> 00:03:27,239 Speaker 1: a special servicer. The building has been on watch list 57 00:03:27,280 --> 00:03:31,959 Speaker 1: status since February has costs and vacancies increased. Wall Street 58 00:03:31,960 --> 00:03:34,080 Speaker 1: heads into the weekend with the wind at its back 59 00:03:34,120 --> 00:03:36,640 Speaker 1: and stocks at a seven week high. All of the 60 00:03:36,680 --> 00:03:40,120 Speaker 1: major averages finished with solid gains, led by the NASDAK 61 00:03:40,240 --> 00:03:43,320 Speaker 1: up more than two percent. The Dow Industrials gained three 62 00:03:43,440 --> 00:03:47,000 Speaker 1: hundred ninety one points. The latest installment in the Call 63 00:03:47,040 --> 00:03:50,760 Speaker 1: of Duty video game series is out. Development was rushed, 64 00:03:50,760 --> 00:03:54,200 Speaker 1: and critics say it shows. As we hear from Bloomberg's Charlie. 65 00:03:53,960 --> 00:03:58,080 Speaker 4: Pellett, the latest entry in Activision, Blizzard's popular video game 66 00:03:58,200 --> 00:04:02,480 Speaker 4: series was made in half the time of previous iterations, 67 00:04:02,840 --> 00:04:05,520 Speaker 4: a fact that may be contributing to a spate of 68 00:04:05,640 --> 00:04:10,560 Speaker 4: bad reviews, according to sources with the development process. Critics 69 00:04:10,600 --> 00:04:13,680 Speaker 4: have panned the game, the first big release since Microsoft 70 00:04:13,800 --> 00:04:18,240 Speaker 4: closed its sixty nine billion dollar acquisition of Activision last month, 71 00:04:18,600 --> 00:04:22,760 Speaker 4: saying the game's storyline feels rushed. In New York, Charlie 72 00:04:22,760 --> 00:04:24,679 Speaker 4: Pellett Bloomberg Radio, and that's. 73 00:04:24,520 --> 00:04:27,400 Speaker 1: News when you want it with Bloomberg News. Now, I'm 74 00:04:27,440 --> 00:04:30,160 Speaker 1: Lollie COFSK. This is Bloomberg