1
00:00:01,520 --> 00:00:04,240
Speaker 1: News when you wanted with Bloomberg News. Now I'm at Baxter.

2
00:00:04,720 --> 00:00:06,600
Speaker 1: The Middle East is closer to the edge of an

3
00:00:06,640 --> 00:00:11,000
Speaker 1: expanded war, this after Israel says it stopped a massive

4
00:00:11,080 --> 00:00:15,120
Speaker 1: planned Hesba Lah assault. One hundred Israeli warplanes swooped in

5
00:00:15,200 --> 00:00:19,520
Speaker 1: over southern Lebanon, taking out thousands of Hesbela missile launchers.

6
00:00:19,800 --> 00:00:24,160
Speaker 1: IDF folks and Lieutenant Colonel Nadav Shashani telling ABC News

7
00:00:24,200 --> 00:00:26,000
Speaker 1: the strikes were preemptive.

8
00:00:26,320 --> 00:00:34,640
Speaker 2: We saw a thread of thousands of rocket launchers, bearer targeted,

9
00:00:34,920 --> 00:00:38,840
Speaker 2: targeting aimed at Israel, mostly Northern Israel, but also central Israel,

10
00:00:39,200 --> 00:00:42,080
Speaker 2: and we saw Gisbela preparing to carry out an attack.

11
00:00:42,240 --> 00:00:44,080
Speaker 1: Shashani says very little damage.

12
00:00:44,120 --> 00:00:47,000
Speaker 2: Inside Israel, I can tell you there was a very

13
00:00:47,040 --> 00:00:51,199
Speaker 2: little effect to their attack. We were very successful intercepting it,

14
00:00:51,920 --> 00:00:54,480
Speaker 2: as I said, also using the active defense, but also

15
00:00:55,120 --> 00:00:57,760
Speaker 2: intercepting them with our aerial defense systems.

16
00:00:57,360 --> 00:01:01,120
Speaker 1: And IDF Rear Admiral Daniel Hugari saying this has been

17
00:01:01,120 --> 00:01:02,280
Speaker 1: building for quite a while.

18
00:01:02,360 --> 00:01:06,560
Speaker 3: This follows more than six thousan seven hundred rockets, missiles

19
00:01:06,880 --> 00:01:12,080
Speaker 3: and explosive uevs fired by Tisbala at Israeli families, homes

20
00:01:12,120 --> 00:01:14,880
Speaker 3: and communities since October.

21
00:01:14,400 --> 00:01:17,120
Speaker 1: Eighth, and the US is in the region in forest

22
00:01:17,200 --> 00:01:20,480
Speaker 1: but stayed out of this. One former us NSA director

23
00:01:20,640 --> 00:01:24,000
Speaker 1: hr McMaster on CBS has heard on Bloomberg says it

24
00:01:24,080 --> 00:01:26,679
Speaker 1: is there if Iran decides to act.

25
00:01:26,800 --> 00:01:30,240
Speaker 4: Iran is pursuing a strategy that in which it is

26
00:01:30,280 --> 00:01:33,759
Speaker 4: willing to expend every Arab life, you know, every Palestinian life,

27
00:01:34,560 --> 00:01:39,319
Speaker 4: every Lebanese life, in pursuit of its objective of destroying Israel. Meanwhile,

28
00:01:39,360 --> 00:01:43,080
Speaker 4: Iran is continuing to funnel weapons not only into southern Lebanon,

29
00:01:43,160 --> 00:01:46,200
Speaker 4: but to essentially a proxy army in Syria into the

30
00:01:46,200 --> 00:01:48,320
Speaker 4: West Bank. And this is why the Philadelphia Quarter are

31
00:01:48,320 --> 00:01:49,240
Speaker 4: so important Israel.

32
00:01:49,720 --> 00:01:51,480
Speaker 1: And of course all of this has taken place as

33
00:01:51,560 --> 00:01:55,520
Speaker 1: talks aimed at reaching Agaza ceasefire are being held in Cairo.

34
00:01:55,720 --> 00:01:58,800
Speaker 1: No word of progress coming out of there. Now that

35
00:01:58,840 --> 00:02:01,160
Speaker 1: the Fed Reserve Chair jer Own Powell has made it

36
00:02:01,240 --> 00:02:04,840
Speaker 1: crystal clear that interest rate cuts are coming next month,

37
00:02:05,240 --> 00:02:07,960
Speaker 1: bond traders are focusing in on bets over the size

38
00:02:08,000 --> 00:02:10,880
Speaker 1: of the first reduction and the future path of easing,

39
00:02:11,000 --> 00:02:13,720
Speaker 1: and all eyes, of course, will be on Powell at

40
00:02:13,800 --> 00:02:14,520
Speaker 1: Jackson Hole.

41
00:02:14,600 --> 00:02:15,080
Speaker 3: This week.

42
00:02:15,480 --> 00:02:18,520
Speaker 1: Dana Peterson, chief economist at the Conference Board, responds to

43
00:02:18,560 --> 00:02:22,200
Speaker 1: Powell's remarks about the deterioration of the labor market.

44
00:02:22,400 --> 00:02:24,919
Speaker 5: Well, I think they don't welcome additional cooling because we're

45
00:02:24,960 --> 00:02:26,840
Speaker 5: probably right where we should be. This is kind of

46
00:02:26,840 --> 00:02:31,160
Speaker 5: the Goldielick labor market. It's normalized after a steep decline

47
00:02:31,200 --> 00:02:33,600
Speaker 5: during the pandemic and then a rush to fill jobs.

48
00:02:33,960 --> 00:02:36,480
Speaker 5: We had outsized job gains. Now we're probably right where

49
00:02:36,520 --> 00:02:39,200
Speaker 5: we should be. The unemployment rate has risen a little bit,

50
00:02:39,240 --> 00:02:40,840
Speaker 5: but it's still relatively.

51
00:02:40,320 --> 00:02:43,200
Speaker 1: Low, and investors will also be watching for earnings from

52
00:02:43,280 --> 00:02:47,000
Speaker 1: Tech Giant and Video this week. Bloomberg's Karen Moscow has more.

53
00:02:47,080 --> 00:02:49,320
Speaker 6: The week begins with a look at durable goods orders.

54
00:02:49,320 --> 00:02:52,320
Speaker 6: On Monday, and Tuesday we get a report on consumer confidence.

55
00:02:52,600 --> 00:02:55,880
Speaker 6: Wednesday is the much anticipated earnings from Nvidia. They arrive

56
00:02:56,000 --> 00:03:00,880
Speaker 6: after a mostly disappointing season for tech's so called Magnificent seven. Thursday,

57
00:03:00,880 --> 00:03:03,440
Speaker 6: we'll get another look at second quarter GDP and the

58
00:03:03,480 --> 00:03:06,760
Speaker 6: weekly report on initial jobless claims. On Friday, it's the

59
00:03:06,800 --> 00:03:10,680
Speaker 6: FEDS Preferred inflation gauge core PCE for July is expected

60
00:03:10,720 --> 00:03:12,680
Speaker 6: to have risen by two tenths of up percent, the

61
00:03:12,720 --> 00:03:14,760
Speaker 6: same as June, and we'll also get a look at

62
00:03:14,760 --> 00:03:18,200
Speaker 6: personal income and spending. Karen Moscow, Bloomberg.

63
00:03:17,800 --> 00:03:20,239
Speaker 1: Radio, all right, thank you very much, Karen. A German

64
00:03:20,240 --> 00:03:22,919
Speaker 1: police have arrested a man whom they say the big

65
00:03:23,000 --> 00:03:25,720
Speaker 1: highest degree is a suspect in the stabbing of three

66
00:03:25,720 --> 00:03:28,680
Speaker 1: people at a festival on Friday. So far, they've declined

67
00:03:28,680 --> 00:03:33,320
Speaker 1: to release any details. Republican vice presidential nominee jd Vance

68
00:03:33,320 --> 00:03:36,600
Speaker 1: has declined to say whether he regrets his cat Lady

69
00:03:36,640 --> 00:03:40,360
Speaker 1: comments aimed at childless women in the US on NBC.

70
00:03:40,480 --> 00:03:42,560
Speaker 1: Has heard on Bloomberg when I asked about it by

71
00:03:42,880 --> 00:03:44,600
Speaker 1: Christian Welker, Look, I.

72
00:03:44,560 --> 00:03:46,960
Speaker 4: Regret certainly that a lot of people took it the

73
00:03:47,000 --> 00:03:50,800
Speaker 4: wrong way, and I certainly regret the DNC and Kamala Harris.

74
00:03:50,480 --> 00:03:53,360
Speaker 3: Light about it. Do you regret what you said, Senator Christen.

75
00:03:53,440 --> 00:03:55,400
Speaker 4: I'm going to say things from time to time that

76
00:03:55,400 --> 00:03:57,640
Speaker 4: people disagree with. I'm a real person. I'm going to

77
00:03:57,680 --> 00:04:00,320
Speaker 4: make jokes, I'm going to say things sarcastically, and I

78
00:04:00,360 --> 00:04:02,440
Speaker 4: think that what's important is that we focus on the

79
00:04:02,480 --> 00:04:03,720
Speaker 4: policy and response.

80
00:04:03,800 --> 00:04:06,080
Speaker 1: On ABC as well, from Senator Elizabeth.

81
00:04:05,680 --> 00:04:09,600
Speaker 7: Warren American women are not stupid, and we are not

82
00:04:09,800 --> 00:04:13,560
Speaker 7: going to trust the futures of our daughters and granddaughters

83
00:04:14,040 --> 00:04:19,159
Speaker 7: to two men who have openly bragged about blocking access

84
00:04:19,240 --> 00:04:22,400
Speaker 7: to abortion for women all across this country.

85
00:04:22,680 --> 00:04:24,680
Speaker 1: And Warren says, if elected, they have a path to

86
00:04:24,720 --> 00:04:28,560
Speaker 1: put a nationwide ban on abortion. And Keegan Bradley has

87
00:04:28,640 --> 00:04:32,120
Speaker 1: won the BMW Attorney on the PGA tour, Sam Burns,

88
00:04:32,279 --> 00:04:37,360
Speaker 1: Ludwick Auberg, Adam Scott finishing one stroke back and that's

89
00:04:37,360 --> 00:04:39,280
Speaker 1: news when you want it with Bloomberg News. Now I'm

90
00:04:39,279 --> 00:04:41,799
Speaker 1: at Baxter in. This is Bloomberg