1 00:00:01,400 --> 00:00:04,240 Speaker 1: News when you want it with Bloomberg News Now. I 2 00:00:04,360 --> 00:00:07,440 Speaker 1: made Klegki send it past a Republican spending plan Friday, 3 00:00:07,480 --> 00:00:10,920 Speaker 1: averting a US government shutdown hours before midnight deadline. While 4 00:00:10,960 --> 00:00:14,400 Speaker 1: exasperating a furious struggle within the Democratic Party over how 5 00:00:14,440 --> 00:00:17,439 Speaker 1: to confront Donald Trump. Senate Democratic Leader Chuck Schumer and 6 00:00:17,480 --> 00:00:20,640 Speaker 1: a handful of other Democrats helped the Republican majority overcome 7 00:00:20,680 --> 00:00:23,639 Speaker 1: a crucial procedural obstacle and pave the way for the 8 00:00:23,640 --> 00:00:27,319 Speaker 1: fundings approval. Their actions relinquished what some believed was the 9 00:00:27,320 --> 00:00:30,440 Speaker 1: party's best leverage to impose constraints on Trump and Elon 10 00:00:30,560 --> 00:00:34,239 Speaker 1: Musk's mass firings of federal workers and wholesale elimination of 11 00:00:34,280 --> 00:00:38,640 Speaker 1: federal agencies. Opponents will have to look instead to the courts. Schumer, 12 00:00:38,680 --> 00:00:41,199 Speaker 1: a forty five year veteran of Capitol Hill, made the 13 00:00:41,280 --> 00:00:44,400 Speaker 1: pivotal choice Thursday evening, less than thirty hours before the 14 00:00:44,400 --> 00:00:47,280 Speaker 1: shutdown deadline, announcing he would drop a blockade of the 15 00:00:47,320 --> 00:00:50,800 Speaker 1: spending bill rather than risk bleam for an interruption of 16 00:00:50,880 --> 00:00:54,800 Speaker 1: government services to the US public. SpaceX launched a crew 17 00:00:54,880 --> 00:00:58,160 Speaker 1: to the International Space Station Friday, a closely watched mission 18 00:00:58,400 --> 00:01:01,240 Speaker 1: that would allow Maru to astronaut Wich Wilmore and Sunny 19 00:01:01,240 --> 00:01:05,280 Speaker 1: Williams to finally return home. The company's Falcon nine rocket, 20 00:01:05,319 --> 00:01:08,960 Speaker 1: topped with the crew's Dragon capsule, launched shortly after seven 21 00:01:08,959 --> 00:01:12,360 Speaker 1: pm New York time from NASA's Kennedy Space Center in Florida. 22 00:01:12,760 --> 00:01:16,160 Speaker 1: NASA maintains a continuous rotating presence on the ISS to 23 00:01:16,200 --> 00:01:19,959 Speaker 1: help manage the station's operations and research. That means the 24 00:01:20,000 --> 00:01:23,240 Speaker 1: crew ten astronauts must arrive at the station and go 25 00:01:23,319 --> 00:01:26,399 Speaker 1: through a roughly two day handover period before the current crew, 26 00:01:26,680 --> 00:01:30,560 Speaker 1: which includes Wilmore and Williams, can depart. There was another 27 00:01:30,600 --> 00:01:33,520 Speaker 1: week of losses for the S and P five hundred index. 28 00:01:33,560 --> 00:01:35,120 Speaker 1: That's four in a row. We get more in this 29 00:01:35,160 --> 00:01:36,560 Speaker 1: from Bloomberg's Charlie Pellet. 30 00:01:36,680 --> 00:01:39,560 Speaker 2: For the week, the SMP five hundred index was down 31 00:01:39,680 --> 00:01:42,640 Speaker 2: two point three percent, the Dow was down three point 32 00:01:42,680 --> 00:01:46,959 Speaker 2: one percent, Nasdaq was down two point four percent. But Friday, 33 00:01:47,200 --> 00:01:49,560 Speaker 2: the two point one percent advance in the S and 34 00:01:49,600 --> 00:01:52,720 Speaker 2: P five hundred was the biggest since the aftermath of 35 00:01:52,760 --> 00:01:56,680 Speaker 2: the November presidential election. The moves capped a week of 36 00:01:56,760 --> 00:02:00,440 Speaker 2: drama that included Trump's on and off again Tara Ruff's 37 00:02:00,640 --> 00:02:06,000 Speaker 2: recession calls, geopolitical talks, and concerns over a government shutdown 38 00:02:06,400 --> 00:02:09,440 Speaker 2: in New York. Charlie Pellett Bloomberg Radio. 39 00:02:09,200 --> 00:02:13,160 Speaker 1: Apple's Topics sancutive overseeing its Seri Virtual assistant told staff 40 00:02:13,160 --> 00:02:15,919 Speaker 1: that delays the key features have been ugly and embarrassing. 41 00:02:15,919 --> 00:02:18,600 Speaker 1: In a decision to publicly promote the technology before it 42 00:02:18,639 --> 00:02:21,880 Speaker 1: was ready made matters worse. Robbie Walker, who serves as 43 00:02:21,880 --> 00:02:24,679 Speaker 1: a senior director at Apple, delivered the star comments during 44 00:02:24,680 --> 00:02:27,280 Speaker 1: an all hands meeting for the Seria division, saying that 45 00:02:27,360 --> 00:02:30,160 Speaker 1: the team was facing a bad period. Walker also said 46 00:02:30,160 --> 00:02:33,959 Speaker 1: that it's unclear when the enhancements will actually launch. While 47 00:02:33,960 --> 00:02:36,880 Speaker 1: speaking at the Department of Justice Friday, President Trump said 48 00:02:36,880 --> 00:02:40,120 Speaker 1: the tariffs placed on Mexico, Canada, and China will remain 49 00:02:40,160 --> 00:02:42,920 Speaker 1: in place until the country stopped the flow of illicit 50 00:02:42,960 --> 00:02:45,280 Speaker 1: drugs into the US. Trump also said the US is 51 00:02:45,520 --> 00:02:49,120 Speaker 1: stopping criminals pouring across US borders a record levels and 52 00:02:49,200 --> 00:02:52,880 Speaker 1: stopping the massive quantities of deadly drugs. Mark Carney has 53 00:02:52,919 --> 00:02:56,880 Speaker 1: been sworn as Canada's twenty fourth Prime Minister and says 54 00:02:56,919 --> 00:02:59,480 Speaker 1: he looks forward to speaking with President Trump. 55 00:03:00,160 --> 00:03:02,800 Speaker 3: Forward to speaking with President Trump Just to be clear, 56 00:03:03,960 --> 00:03:07,840 Speaker 3: we respect the United States, We respect President Trump. President 57 00:03:07,880 --> 00:03:12,799 Speaker 3: Trump has put some very important issues at the top 58 00:03:12,840 --> 00:03:15,640 Speaker 3: of his agenda. We understand his agenda. We understand the 59 00:03:15,680 --> 00:03:18,720 Speaker 3: importance of addressing the scourge of fentanyl, which is a 60 00:03:18,800 --> 00:03:21,040 Speaker 3: challenge here in Canada as well as the United States. 61 00:03:21,240 --> 00:03:23,400 Speaker 1: The fifty nine year old took the oath as Canada's 62 00:03:23,440 --> 00:03:26,120 Speaker 1: new leader at a ceremony in Ottawa Friday, five days 63 00:03:26,120 --> 00:03:29,480 Speaker 1: after Liberal Party members voted overwhelmingly for him to replace 64 00:03:29,639 --> 00:03:32,600 Speaker 1: Justin Trudeau as head of the party. Vice president JD. 65 00:03:32,720 --> 00:03:35,800 Speaker 1: Vanstell's NBC that he expects President Trump to wrap up 66 00:03:35,800 --> 00:03:38,720 Speaker 1: a deal for TikTok and keep the popular video sharing 67 00:03:38,720 --> 00:03:41,400 Speaker 1: app operating in the US ahead of a deadline next month. 68 00:03:41,800 --> 00:03:44,840 Speaker 1: Vance voiced optimism of a high level agreement he feels 69 00:03:44,840 --> 00:03:49,120 Speaker 1: satisfies US national security concerns. The job hoppers of the 70 00:03:49,160 --> 00:03:52,760 Speaker 1: pandemic are a distant memory. The average white collar worker 71 00:03:52,760 --> 00:03:55,960 Speaker 1: today would rather stay where they are. Harris Poll survey 72 00:03:56,040 --> 00:03:59,400 Speaker 1: for Bloomberg News finds nearly three quarters think it would 73 00:03:59,400 --> 00:04:02,680 Speaker 1: be difficult to find a better job out there. After 74 00:04:02,720 --> 00:04:06,440 Speaker 1: two rounds of the Players Championship at TPC, Sawgrass MW. 75 00:04:06,560 --> 00:04:09,880 Speaker 1: Lee and Akshay Bahia both six hundred for the day 76 00:04:09,920 --> 00:04:12,240 Speaker 1: eleven hundred four the Attorney. They share a one shot 77 00:04:12,320 --> 00:04:15,400 Speaker 1: lead headed into Saturday's third round. The Friday number is 78 00:04:15,440 --> 00:04:17,480 Speaker 1: on Wall Street. The Dow jumped six hundred and seventy four, 79 00:04:17,560 --> 00:04:19,560 Speaker 1: Nastak Game four hundred and fifty one, the S and 80 00:04:19,560 --> 00:04:22,680 Speaker 1: P up one seventeen. The tenyurre treasury yield at four 81 00:04:22,720 --> 00:04:25,120 Speaker 1: point three two percent, the two year treasury at four 82 00:04:25,200 --> 00:04:28,040 Speaker 1: point zero two percent. Donald Trump's attacks are forcing an 83 00:04:28,080 --> 00:04:31,680 Speaker 1: inflection point for European political leaders. There are plenty of 84 00:04:31,720 --> 00:04:34,120 Speaker 1: reasons to be optimistic about Europe. You can read all 85 00:04:34,120 --> 00:04:37,599 Speaker 1: about it in Bloomberg's weekend edition, exploring the places where finance, 86 00:04:37,640 --> 00:04:39,839 Speaker 1: life and culture meet. Find it now on bloomberg dot 87 00:04:39,880 --> 00:04:42,560 Speaker 1: com in the Bloomberg Business app. That's news when you 88 00:04:42,600 --> 00:04:45,320 Speaker 1: want it with Bloomberg News Now. I'm Ad Kleggy. 89 00:04:45,600 --> 00:04:46,880 Speaker 2: This is Bloomberg