Speaker 1: Live from the Bloomberg Interacted Burger Studios. This is Bloomberg
Speaker 1: day Break for Friday, July two. Coming up this shour,
Speaker 1: former Japanese Prime Minister Shinzo Abe has died after being
Speaker 1: shot at a campaign event. Pressure amounts for Boris Johnson
Speaker 1: to accelerate his exit from office. Wall Street braces for
Speaker 1: the June Jobs report, and Twitter shares drop on doubt
Speaker 1: the elon must takeover? Will ever happen? Former Winels Council
Speaker 1: Pat Sablonia appears before the January sixth panel, plus another
Speaker 1: shark attack on Long Island. I'm Michael barn More Ahead.
Speaker 1: I'm trying to stash and sports the Yankee SIXTI win
Speaker 1: of the year. They beat the Red Sox in their
Speaker 1: first game played this year in Boston, an easy win
Speaker 1: for the Mets. That's all straight ahead on Bloomberg day
Speaker 1: Break on Bloomberg Eliving Free on New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one oh six one, Boston, Bloomberg nine sixties,
Speaker 1: San Francisco, Sirius XM one nineteen and around the world
Speaker 1: on Bloomberg Radio dot Com and via the Bloomberg Business Act.
Speaker 1: Good morning, I'm Nathan Hagar and I'm Karen Moscow. When
Speaker 1: US DOT index futures are lower this morning, and we're
Speaker 1: coming up to six oh one on Wall Street, let
Speaker 1: me check the markets every fifteen minutes throughout the trading day.
Speaker 1: On Bloomberg, I guess and P futures down at eleven
Speaker 1: points down. Future is down fifty three NASDAG futures down
Speaker 1: about the same that dacks in Germany's up to tens
Speaker 1: of percent. Ten year treasury up six thirty seconds, YELD
Speaker 1: two point nine seven percent, and they yield on the
Speaker 1: two year two point nine Nimex screwde oil is down
Speaker 1: half percent or fifty five cents at a hundred two
Speaker 1: dollars eighteen cents of barrel. Comex school down to tens
Speaker 1: per cent or three dollars ninety cents at seventeen thirty
Speaker 1: five seventy, announced Nathan Karen. We begin with a violent
Speaker 1: attack in Japan. Former Prime Minister Shinzo Abe has been
Speaker 1: assassinated shot during a campaign event. We get more from
Speaker 1: Bloomberg's Garrett Ready in Tokyo. The reaction from the people
Speaker 1: here would be I think I would term that a shock.
Speaker 1: These kind of events are extremely rare for this kind
Speaker 1: of thing to happen in a country where normally, you know,
Speaker 1: the politics are quite stayed on, where there really wasn't
Speaker 1: a lot of interest, and stuff that's going on sometimes
Speaker 1: absolutely extraordinary, and of course gun crime here is extremely rare.
Speaker 1: Bloomberg scared ready reports from Tokyo that a forty one
Speaker 1: year old suspect is under arrest. He told police he
Speaker 1: wanted to kill Abe because he was frustrated with the
Speaker 1: former premier. Abe died after being shot from about ten
Speaker 1: feet away with what appeared to be a homemade firearm.
Speaker 1: All right, Nathan, Meantime, in the UK, pressure is building
Speaker 1: on Boris Johnson to relinquish power sooner. His Conservative Party
Speaker 1: wants to speed up the contest to choose Johnson's successor
Speaker 1: by the end of the summer. Bloomberg's Lizzie Burden, reporting
Speaker 1: from Westminster, has more it's a wide open race at
Speaker 1: the moment. The front runners are driven by those with
Speaker 1: military experience and credentials, so the Defense Secretary Ben Wallace,
Speaker 1: the former Defense Secretary Penny more Tons, and also Tom Tooganhart,
Speaker 1: who has never held a senior cabinet position but has
Speaker 1: served in the Armed forces. Of course, because of the
Speaker 1: war in Ukraine, they are taking the spotlight, but we're
Speaker 1: also in the midst of a cost of living crisis
Speaker 1: here in the UK, so that lends the limelight to
Speaker 1: the former Chunsella, Rishi, Sunac and Laberge. Lizzie Burden says
Speaker 1: Boris Johnson is hoping to stay on for at least
Speaker 1: three more months. Well. Back here in the US, Karen
Speaker 1: relations with China are in focus, and today President Biden
Speaker 1: will hold a meeting to discuss possible reductions in US
Speaker 1: tariffs on Chinese goods. Amy Morris has details from our
Speaker 1: Bloomberg newsroom in Washington. Sources tell Bloomberg News that today's
Speaker 1: meeting revolves around whether to remove some Trump era levies
Speaker 1: on three hundred billion dollars in Chinese imports. Reducing those
Speaker 1: tariffs is seen as a potential weapon against inflation. Treasury
Speaker 1: Secretary Tenant Yellen and Commerce Secretary Gina Ramando have said
Speaker 1: that it could help, but ending tariffs on Chinese goods
Speaker 1: won't help Americans, where higher prizes hurt the most food, fuel,
Speaker 1: and housing. Yellen, Ramando and Trade Representative Care rent I
Speaker 1: will not attend today's meeting in Washington. I'm any more
Speaker 1: as Bloomberg Daybreak, All right, Amy, thank you about turning
Speaker 1: to the economy. Now we are less than two and
Speaker 1: a half hours away from the June jobs report. Economists
Speaker 1: a payroll gains will slow after the Fed raised interest rates.
Speaker 1: We get more from Bloomberg's Michael McKee. The consensus view
Speaker 1: is FED officials will be pleased by the June jobs report,
Speaker 1: hiring slowing but still strong, unemployment essentially unchanged, and wage
Speaker 1: pressures easy. An unfecast result would likely leave Wall Street
Speaker 1: investors reasonably satisfied as well. The question is what happens
Speaker 1: if we get an extremely strong or extremely weak report.
Speaker 1: The central bankers have suggested a strong report won't change
Speaker 1: their plans for what will likely be another three quarter
Speaker 1: percentage point increase at the end of the month, but
Speaker 1: expect volatility of weak numbers lead investors to increased bets
Speaker 1: on recession. Michael McKee, Bloomberg Daybreak, All right, Mike, thanks
Speaker 1: so to the FEDS. Most talkish members are coming out
Speaker 1: to support big rate hikes. Here's Fed Governor Christopher Waller.
Speaker 1: I'm definitely court of doing another seventy five based point
Speaker 1: hike in July, probably fifty in September, and then after
Speaker 1: that we can debate whether to go back down. The
Speaker 1: FED Governor Christopher Waller made those comments at an event
Speaker 1: hosted by the National Association for Business Economics St. Louis.
Speaker 1: FED President Jim Bullard's also calling for a seventy five
Speaker 1: point rate hike this month. If we don't get the
Speaker 1: inflation under control, inflation expectations could become unmoored, and if
Speaker 1: that happened, then you get this long and complicated tangle
Speaker 1: like we did in the seventies. Both Bullard and Waller
Speaker 1: are voting members of the Federal Open Market Committee this year. Well,
Speaker 1: turning the corporate news now, Nathan Shares a Twitter down
Speaker 1: amost four percent in early training. There's more concerned that
Speaker 1: Elon Musk's proposed acquisition of the social media company is
Speaker 1: falling Apart. To get the latest from Bloomberg, Shonali Bossek,
Speaker 1: who was at this week's tech conference in Sun Valley,
Speaker 1: Twitter CEO, CFO and board chair are all here at
Speaker 1: a small meeting of elite investors. Now there's a concern
Speaker 1: that the deal for Elon must to buy Twitter maybe
Speaker 1: in jeopardy as he's concerned about bots and has stopped
Speaker 1: talks with the key potential investor. According to the Washington Post. However,
Speaker 1: investors at Sun Valley also believed that Elon must maybe
Speaker 1: looking to renegotiate the deal, especially given that Twitter stock
Speaker 1: right has fallen so far. I'm Shnali bask in Sun
Speaker 1: Valley for Bloomberg News and Bloomberg Shnelly bask in Sun
Speaker 1: Valley says Musk is slated to speak at the conference tomorrow.
Speaker 1: Are also watching shares of game Stop this morning. They
Speaker 1: are falling in early trading, down more than seven percent
Speaker 1: on a key executive departure. Let's get more on that
Speaker 1: line from Bloomberg. Joinnida Young, Good morning, Grenada, Good morning Nathan.
Speaker 1: Game Stop fired at CFO Mike Recoopero yesterday. He was
Speaker 1: one of the several Amazon employees that game Stop had
Speaker 1: recently hired. It was an effort to shift its focus
Speaker 1: from physical storefronts to e commerce. But Bloomberg sources say
Speaker 1: Recoopero was fired because he was not hands on enough
Speaker 1: and treated game Stop as if it were Amazon. The
Speaker 1: current chief accounting officer will replace him. The company is
Speaker 1: attempting to turn around a business that's been hit by
Speaker 1: shifting gaming demands and a troubled market. Live in New York,
Speaker 1: I'm Gonnita Young Bloomberg Daybreak. Okay, Rnita, thank you. Straight ahead,
Speaker 1: we'll bring you your latest local headlines and a check
Speaker 1: of sports. This is Bloomberg in six o seven on
Speaker 1: Wall Street, sixty degrees in Central Park and we have
Speaker 1: an accident on the inbound upper level the George Washington Bridge.
Speaker 1: Details coming up in traffic. First Michael Barr with what
Speaker 1: else is going on in New York and around the world. Michael,
Speaker 1: thank you very much. Nathan to Star Witness appears before
Speaker 1: the U. S. House Committee today investigating the US capital attack.
Speaker 1: It will be a private meeting, but it could set
Speaker 1: the stage for the rest of the investigation. The committee
Speaker 1: had been leaning on Patspoloney the Trump White House Council
Speaker 1: to appear for weeks. A Fire Island lifeguard was bitten
Speaker 1: by a shark on Long Island yesterday, possibly the third
Speaker 1: such attack the past week. Lifeguard was bitten near his
Speaker 1: left foot while conducting a training exercise about a hundred
Speaker 1: fifty yards from the shoreline. He was treated and released.
Speaker 1: The Biden administration says it's still working to free w
Speaker 1: NBA star Britney Griner now that she's pleaded guilty to
Speaker 1: the Russian drug charges against her. Grinder told the Russian
Speaker 1: court she didn't mean to put a Vade cartridge containing
Speaker 1: cannabis in her suitcase when she flew to Russia. She
Speaker 1: could be sentenced to ten years in prison. Wine House
Speaker 1: Press secretary Karen Jean Pierre says they are still trying
Speaker 1: to free her. Clearly, we cannot negotiate in public. That
Speaker 1: is not something that we're going to do, but we
Speaker 1: are committed to making sure they all get home safely.
Speaker 1: Press Secretary Karine Jean Pierre also says they're working is
Speaker 1: hard to free American Paul Wheeland, a man who was
Speaker 1: convicted of murder in connection with the twenty nineteen shooting
Speaker 1: death of a New York City police officer, was sentenced
Speaker 1: to at least thirty years in prison. The Queen's County
Speaker 1: District Attorney says twenty eight year old Jagger Freeman planned
Speaker 1: the hold up that resulted and Detective Brian Simonson's death.
Speaker 1: The second officer was also wounded. Former Minneapolis police officer
Speaker 1: Derrek Chauvin has learned his fate and a federal plea
Speaker 1: deal for violating George Floyd's civil rights. Chauvin, already serving
Speaker 1: a lengthy sentence for killing Floyd in twenty has been
Speaker 1: sentenced to a little more than twenty years in a
Speaker 1: federal prison. During sentencing, Chauvin offered no apology. George Floyd's brother, Felonis,
Speaker 1: spoke outside the courthouse after the hearing. You were bound
Speaker 1: here to serve a pet because that's your jaw title
Speaker 1: to server partigue. But I didn't see that that day.
Speaker 1: All I see was my brother taken away. All I
Speaker 1: seen with his last breath, All I see with him
Speaker 1: screaming out to my mom. Felonis Floyd says his brother
Speaker 1: was murdered by somebody who just didn't have any compassion.
Speaker 1: Global News twenty four hours a day on air and
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven hundred
Speaker 1: journalists and analysts more than a hundred twenty countries. Michael
Speaker 1: Barr and this is Bloomberg, Nathan, Thank you, Michael. Almost
Speaker 1: six ten on Wall Street, time for the Bloomberg Sports
Speaker 1: Update with John sash all Right, Nathan and the Yankees
Speaker 1: first game this season in Boston they get their sixty
Speaker 1: if when did they even use Aaron Judge or Anthony Rizzo,
Speaker 1: both nursing minor injuries, So that's fifty two home runs
Speaker 1: are on the bent. But Yank's got a third inning
Speaker 1: grand slam from Josh Donaldson and Aaron Hicks followed with
Speaker 1: a solo shot, So that's two guys who have not
Speaker 1: hit well this season. They both now home in back
Speaker 1: to back games. Yanks led five, They're nothing later six
Speaker 1: to two, when they held on to win six five.
Speaker 1: The Red Sots. Rafie Devers did his part, drove in
Speaker 1: all five to home runs off Garrett Cole, who Devers owns.
Speaker 1: He said six off Cole in his career, leaving the
Speaker 1: Yankee's wondering what he has to do against Devon. It's
Speaker 1: pretty wild. He's just been able to hit every I mean,
Speaker 1: missus hasn't been a miss it, you know, like roll
Speaker 1: over one time, like line out one time. I mean
Speaker 1: so um, you know it's supposed it's supposed to fail
Speaker 1: seven out of ten times in this gig. I don't
Speaker 1: really to deal is cold. Everyone else out got his
Speaker 1: eighth Winnie Clay Holmes is sixteenth, saving The Yankees are
Speaker 1: fifteen games ahead. Are the Red Sox. Easy went for
Speaker 1: the Mets at City Field pen nothing over the Marlins
Speaker 1: like the Yankees. Production from guys who have struggled. The
Speaker 1: j D name his Grand Slam Brian mccam three when
Speaker 1: Homer Trevor Williams came in one in five, but he
Speaker 1: held seven scoreless inning glad only two hits. Men's Semifinals.
Speaker 1: Today at Wimbledon, Novak Djokovic takes on the South African
Speaker 1: Cameron Nori, but the much anticipated match between Rapi on
Speaker 1: the Dale and the Austine Nick Curios is off. The
Speaker 1: Dal had to pull out with an injury. The women's
Speaker 1: final is tomorrow. The Rangers have traded backup goalie Alex
Speaker 1: Gorgion the Colorado John Stasha Warm Bloomberg Sports Nathan all right, John,
Speaker 1: thank you right now. SMP futures are down six points,
Speaker 1: Stown futures down seventeen, Nanstack futures down forty one ahead
Speaker 1: of the release of the June payrolls reporting a little
Speaker 1: more than two hours up. Next, the latest on the
Speaker 1: assassination a former Japanese Prime minister, Shinzo Abe, the legacy
Speaker 1: he leaves behind Bloomberg's Kreum Moriy joins US next from Japan.
Speaker 1: This is Bloomberg Bloomberg eleven three oh weather partly the
Speaker 1: mostly cloudy upper eighties today and he showers and early
Speaker 1: tomorrow it will turn partly sunny, less humid, low eighties,
Speaker 1: mostly sunny low eighties for Sunday. Right now sixty nine
Speaker 1: in Central Park markets, headlines and breaking news twenty four
Speaker 1: hours a day at Bloomberg dot com for the Bloomberg
Speaker 1: Business at and at Bloomberg Quicktake. She's a Bloomberg Business
Speaker 1: Flash and I'm Karin Moscow, wasn't. The futures are lower
Speaker 1: this morning as investors await employment day to engage whether
Speaker 1: the world's largest economy can avoid a recession. The dollar
Speaker 1: found haven demand and we checked the markets every fifteen
Speaker 1: minutes throughout the trading day on Bloomberg. Right now is
Speaker 1: in the futures are down four points down, Futures now
Speaker 1: little change, and nasdack futures they're still lower, down thirty six.
Speaker 1: The decks in Germany is up seven tenths of a percent.
Speaker 1: Also improvement UH there as well. Ten Your treasury up
Speaker 1: four third day seconds yield two point nine seven percent.
Speaker 1: The yield on the two year two point nine nine
Speaker 1: percent nine X screwen oil it'll change at a hundred
Speaker 1: two dollars sixty five cents a barrel. Comex s goold
Speaker 1: is done about two tenths per cent, or three dollars
Speaker 1: ten cents at seventeen thirty six sixty announced the Euro
Speaker 1: one point one three one against the dollar, British pound
Speaker 1: one point one at nine h q and again one
Speaker 1: thirty five point eight six. And looking at bitcoin, it's
Speaker 1: down three ten percent at twenty one thousand, five forty dollars.
Speaker 1: That's a Bloomberg business flash. Now here's Michael Barrow with
Speaker 1: more on what's going on around the world. Michael Karen,
Speaker 1: thank you very much. As we've been talking about all
Speaker 1: this morning, former Japanese Prime Minister Zo Abe has died.
Speaker 1: Abe died in a Japanese hospital after he was shot
Speaker 1: during a campaign stop today in Nara. The man who
Speaker 1: attacked Ab has been arrested. Of course, we'll have more
Speaker 1: on this story throughout the entire morning. Boris Johnson is
Speaker 1: facing pressure from his own party to accelerate his exit
Speaker 1: as UK Prime Minister. He announced his resignation yesterday in baseball.
Speaker 1: The Yankees beat the Red Sox six five, the Mets
Speaker 1: one along with the Orioles. The Nationals lost along with
Speaker 1: the Giants. Global News twenty four hours a day on
Speaker 1: air and on Bloomberg Quick Take, powered by more than
Speaker 1: twenty hundre journalist analysts more than a hundred twenty countries.
Speaker 1: Michael Barr and this is Bloomberg inco Alright, Michael, thank
Speaker 1: you to six nineteen on Wall Street Live from the
Speaker 1: Bloomberg Interactive Broker's studios. This is Bloomberg Daybreak in Bloomberg's
Speaker 1: Karom Mori is back with us live this morning from
Speaker 1: outside the hospital in Nara, Japan, where Prime Minister former
Speaker 1: Prime Minister Shinzo Abe died of his injuries after being
Speaker 1: shot at close range at a campaign event with an
Speaker 1: election just a couple of days away in Japan. Karum,
Speaker 1: Good morning. This is just staggering news that's reverberating around
Speaker 1: the world. We're hearing reaction from global leaders. What's the
Speaker 1: latest that you can tell us from where you are
Speaker 1: outside that hospital? Good morning, Nathan. Yeah, I'm I'm still
Speaker 1: on site at not a medical university hospital. I just
Speaker 1: left the press conference a short while ago where the
Speaker 1: hospital president and the e R doctor in charge of
Speaker 1: actually treating Abe, Dr. Kukushima uh spoke to the media.
Speaker 1: They gave us some details, not all the details, but
Speaker 1: this is what I can tell you that I heard
Speaker 1: from them. The doctor who operated Abe said that they
Speaker 1: were able to stop the major bleeding, but by then
Speaker 1: it was too much blood was lost by the time
Speaker 1: they actually arrived at the hospital here, the bullet had
Speaker 1: pierce Abe's neck and heart in two places. Um. He
Speaker 1: was declared dead after about three hours of surgery here
Speaker 1: at this hospital pronounced that at five oh three pm
Speaker 1: local time. Uh. You know again, we saw first former
Speaker 1: First Lady ak Abe had arrived to the hospital here
Speaker 1: a short while before the press conference, but of course
Speaker 1: a solemn, somber mood. And on this campus, I'm just
Speaker 1: walking around and seeing Secret Service members just line in
Speaker 1: the hallway of of presumably where Shinzo Abe is is
Speaker 1: laying to rest. And you know, this incident is just shocking.
Speaker 1: It's the assassination setting this huge shock throughout Japan, as
Speaker 1: you can imagine. Yeah, and I've have to think that
Speaker 1: there are going to be a lot of questions is
Speaker 1: still to come about how something like this could happen
Speaker 1: in a country like Japan, where gun violence is so rare,
Speaker 1: where it's so difficult to get a weapon. Yeah, that's right, Nathan.
Speaker 1: You know, Japan's gun laws or ultra strict, not just
Speaker 1: cond of strict, are extremely strict. They limit so so
Speaker 1: much the number of guns in circulation. We have an
Speaker 1: estimated number of guns held by civilians in Japan was
Speaker 1: just about three hundred ten thousand in twenty nineteen. That's
Speaker 1: open to five per one people. And to put that
Speaker 1: into context in the US, it's a hundred twenty per
Speaker 1: one hundred people. So again, Japan has among the G
Speaker 1: seven country is the lowest number of guns held by civilians.
Speaker 1: It's shocking. I mean, that is the word we keep using.
Speaker 1: The gun though with a handmade gun here and so
Speaker 1: that is the detail there of the suspected gunmen with
Speaker 1: mail MS forties, a former j SPF member so Japan's
Speaker 1: Self Defense Forces member um and again shinzo Abe was
Speaker 1: carried via ambulance. Apparently he was reportedly conscious at the time,
Speaker 1: later became unconscious and in cortioc correct by the time
Speaker 1: he had alleged at this hospital via helicopter, and we
Speaker 1: know this happened in the middle of a campaign speech.
Speaker 1: There's an election coming up in Japan in just a
Speaker 1: couple of days here. What is Shinzo Abe's death going
Speaker 1: to mean for that? Yeah, absolutely, that's the question we
Speaker 1: were asking a few hours ago. But Finance Minister Suzuki
Speaker 1: has come out to say that changing any election plans
Speaker 1: would mean a lot for democracies. We do not want
Speaker 1: to lose to violence, and therefore or there should be
Speaker 1: no change in plans for the upcoming Upper House elections,
Speaker 1: which are scheduled for this Sunday, just two days away,
Speaker 1: July tenth, and US residents here in Japan, we've already
Speaker 1: received the balance in the mail, so it seems like
Speaker 1: the plans will go ahead. We did see some candidates
Speaker 1: so shortly after the news of the shooting that they
Speaker 1: are going to suspend campaigning for the day. So we
Speaker 1: did see some l v P members come out to
Speaker 1: say they are halting their campaign activity for today on
Speaker 1: social media, so, uh course, pending the news. Uh, they
Speaker 1: were unsure of what the situation was. Now we here, unfortunately,
Speaker 1: the death has been conversed and the elections will go ahead.
Speaker 1: Only have about a minute or so left here. Unfortunately,
Speaker 1: Karum to talk about the legacy that Shinzo Abe leaves behind. Obviously,
Speaker 1: being the longest serving prime Minister of Japan, this has
Speaker 1: to leave a very deep hole in Japanese politics, in
Speaker 1: Japanese policy. Absolutely, I'm a eight history of the longest
Speaker 1: serving premier in Japan ever since eighteen eighty. Uh he
Speaker 1: served a total of eight years and eight months as
Speaker 1: the leader of Japan, and he had he was still
Speaker 1: very much an icon of the l VP even after
Speaker 1: he resigned in fee'll remember due to health concerns. Um.
Speaker 1: But again he you know, he is leaving behind a
Speaker 1: legacy Albanomics for example, uh In you know, when he
Speaker 1: came to office for the second time in twelve, he
Speaker 1: launched this unprecedented effort to revive Japan's flagging economy. Of course,
Speaker 1: he's the foreign policy hawk. He hoped to end apologies
Speaker 1: for past and purialism, reinterpreted the country's pasifs constitutions to
Speaker 1: loosen restrictions on the military, and he still managed to
Speaker 1: stable relations, for example with neighboring China, smooth you know,
Speaker 1: relations with the US. UM made friendships with President Alexa
Speaker 1: Donald Trump in twenty sixteen. So, of course, leaving a
Speaker 1: lasting legacy comes from a political background with his family
Speaker 1: um and he is survived by his wife Aki Abe.
Speaker 1: Now we heard from Secretary of State Anthony Lincoln at
Speaker 1: the G twenty summit in Bali, Indonesia, calling former Prime
Speaker 1: Minister Shinzo Abe a leader of great vision. We're going
Speaker 1: to be monitoring the global reaction, of course, throughout the
Speaker 1: full investment opportunities. To diversify your portfolio and discover undervalued
Speaker 1: companies that may have greater growth potential. Try ib k
Speaker 1: our Global analyst today at ibk r dot com slash
Speaker 1: g A. First, we have grim news out of Japan.
Speaker 1: As you've been reporting, former Japanese Prime Minister Shenzo Abe
Speaker 1: has been assassinated. He was shot during a campaign event
Speaker 1: and was pronounced dead at the hospital. Here's current a
Speaker 1: Japanese Prime Minister Kashida speaking through an interpreter. It is
Speaker 1: a barbaric act that took place during the election, which
Speaker 1: is the base of democracy. It is absolutely unforgivable, Japanese
Speaker 1: Prime Minister Kashida says. A forty one year old suspect
Speaker 1: has been arrested. The man told police he wanted to
Speaker 1: kill Abe because he was frustrated with the former premier.
Speaker 1: Uby died after being shot from about ten feet away
Speaker 1: with what appeared to be a homemade firearm. Well, meantime,
Speaker 1: in the UK Karen pressure is building on Prime Minister
Speaker 1: Boris Johnson to relinquish power. His Conservative Party wants to
Speaker 1: speed up the contest to choose Johnson's successor by the
Speaker 1: end of the summer. Bloomberg's Lizzie Burden has more from Westminster.
Speaker 1: The race is already on candidates already reportedly setting up
Speaker 1: camps in hotels around here. The Conservative Party wants to
Speaker 1: whittle it down to two candidates by July twenty one,
Speaker 1: and then pick one by September. But even that is
Speaker 1: too long for many to keep Boris Johnson in number
Speaker 1: Tech Bloomberg's Lizzie Burton says Boris Johnson hopes to stay
Speaker 1: on for at least three more months. Well, Nathan Mack,
Speaker 1: you're in the US relations which China are in focus. Today.
Speaker 1: President Biden meets to discuss possible reductions in US tariffs
Speaker 1: on Chinese goods. We spoke with National Economic Council Director
Speaker 1: Brian Deese about the move, and he says there are
Speaker 1: other options for taking on China. Tariffs are one tool,
Speaker 1: but we have other tools as well to make sure
Speaker 1: that we are protecting key sectors of the American economy
Speaker 1: and that we are holding to account for those brands.
Speaker 1: Was a guest on Bloomberg Surveillance herd Weekday Mornings on
Speaker 1: Bloomberg Radio. Well nexs Karen, we hear from the administration
Speaker 1: once again when we get that June jobs reports that's
Speaker 1: expected to show a slowdown and hiring. Labor Secretary Marty
Speaker 1: Walace joins Bloomberg Radio and Television to discuss the report
Speaker 1: at nine forty Wall Street Time. Well, turning to corporate news, now,
Speaker 1: there's more talk about Twitter. Shares are down about four
Speaker 1: percent amid concern elon must proposed acquisition is falling apart,
Speaker 1: and Bloomberg's we need a Young Joy just live with more.
Speaker 1: Good Morning Rady down, Good Morning Karen. Elon Musk is
Speaker 1: still at odds with Twitter over the number of spam
Speaker 1: bots using the service. He's repeatedly threatened to walk away
Speaker 1: from his proposed forty four billion dollar deal to take
Speaker 1: over the social media giant if they cannot confirm that
Speaker 1: bots make up less than five percent of total users.
Speaker 1: The Washington Post reports that Musk's team has concluded that
Speaker 1: Twitter cannot verify the figures. It has stopped engaging in
Speaker 1: discussions around funding the deal. Live in New York, I'm
Speaker 1: rened to young Bloomberg Daybreak. All right, we need to
Speaker 1: thank you. That's the five things you need to notice
Speaker 1: start your day. Brought to you by Interactive Brokers. I'm
Speaker 1: looking at futures this morning. We're starting to see some
Speaker 1: improvement with SMP futures. Now that'll change. Dal Future is
Speaker 1: higher up sixty one, nowsday Future is still lower down
Speaker 1: about one straight to hand your latest local headlines plus
Speaker 1: a check of sports. And this is Bloomberg. Okay, Karen,
Speaker 1: thank you, six thirty three on Wall Street where at
Speaker 1: sixty nine degrees in Central Park. We'll see if we're
Speaker 1: getting any improvement after that accident on the upper level
Speaker 1: of g w B and traffic. It's coming up in
Speaker 1: a few minutes. First, Michael Barr has more on what's
Speaker 1: going on in New York and around the world. Good morning, Michael,
Speaker 1: Good morning Nathan. There is another shark attack on Long Island,
Speaker 1: a fire island. Lifeguard was bidden by a shark yesterday,
Speaker 1: possibly the third such tag in the past week. The
Speaker 1: lifeguard was bitten near his left foot while conducting a
Speaker 1: training exercise about a hundred fifty yards from the shoreline.
Speaker 1: He was treated and released. Officials now have issued a
Speaker 1: ban on swimming at Ocean Beach until further notice. The
Speaker 1: star witness appears today before the U. S. House Committee
Speaker 1: investigating the US capital attack. It will be a closed
Speaker 1: door deposition between the panel and Pat Cippoloni, the former
Speaker 1: Trump White House counsil. The Biden administration says it's committed
Speaker 1: to the safe return of w n B A star
Speaker 1: Brittney Grinder and Paul Wheeland, who remained captive in Russia. Yesterday,
Speaker 1: Grinder pleaded guilty to drug charges in a Moscow area court.
Speaker 1: White House Press Secretary Karine Jean Pierre. We've been clear
Speaker 1: from day one when it comes to US nationals who
Speaker 1: are being held abroad, who are being held wrongfully, detain wrongfully,
Speaker 1: who have been held hostage. We are going to do
Speaker 1: everything that we can use every means that we have
Speaker 1: to bring them home. Press Secretary Jean Pierre says, though
Speaker 1: we cannot negotiate in public Attorneys for a white man
Speaker 1: charge with killing ten black people at a Buffalo supermarket
Speaker 1: were unable to secure a year's delay in a state
Speaker 1: prosecution while a federal case against him proceeds. The Buffalo
Speaker 1: News reports the federal hate crime charges could potentially carry
Speaker 1: a death penalty for Peyton Gendering. His attorneys said their
Speaker 1: work in the state case could negatively have effects in
Speaker 1: the efforts by Genderan's federal defense attorneys. President Joe Biden
Speaker 1: plans to take executive action to protect access to abortion.
Speaker 1: The president is expected to push back on efforts to
Speaker 1: limit the ability of women to access federally approved abortion medication.
Speaker 1: Both the founder and president of the collapse the Arenas
Speaker 1: have been found guilty of fraud. Now Bloomberg's and Baxter
Speaker 1: reports the conviction of former president Sunny Baldwana follows the
Speaker 1: conviction of founder Elizabeth Holmes by six months. Paraos was
Speaker 1: a blood testing startup, and the charges were defrauding investors
Speaker 1: by using a few drops of blood took played a
Speaker 1: wide array of health tests. Bel Wanni's attorney says they
Speaker 1: planned to consider all legal options, including the possibility of
Speaker 1: an appeal. The pair was a high profile couple during
Speaker 1: the build up of the company, and I'll face up
Speaker 1: to twenty years in jail in San Francisco. I'm at Baxter.
Speaker 1: Bloomberg Daybreak Global News twenty four hours a day on
Speaker 1: air and on Bloomberg Quick Take, powered by more than
Speaker 1: seven hundred journalists analysts more than a hundred twenty countries.
Speaker 1: I'm Michael Barr. This is Bloomberg, Nathan. Thanks Michael. Sixty
Speaker 1: six On Wall Street, John stash Hour has the Bloomberg
Speaker 1: Sports Update, Franks, Nathan. The Yankees sixty win. It came
Speaker 1: in their first game of the year in Boston. They
Speaker 1: need the Red Sox six to five. They got back
Speaker 1: to back home runs third inning from Josh Donaldson and
Speaker 1: Aaron Hicks, who was a grand slam for Donaldson. Garrett
Speaker 1: Cole got the win, got everyone out except Raphael Devers,
Speaker 1: who homeward off Cole a last year's playoff game homeward
Speaker 1: off and in New York and his first that back
Speaker 1: this season two more. Last night. Devers drove in all
Speaker 1: five Boston runs. Cole was asked later about trying to
Speaker 1: get Devor's out. He said he's opened to suggestions and
Speaker 1: that's all over. The Marlins tend nothing solid picture from
Speaker 1: Trevor Williams j D. David to the Grand Slam James
Speaker 1: McCann three run shot Atlanta lost. Mets lead the Braves
Speaker 1: by three and a half. They held the NHL draft.
Speaker 1: The Devil's at the second pick took Simon Nimic, defenseman
Speaker 1: from Slovakia. Slovaki went one and two. The Rangers did
Speaker 1: not have a first rounder, but added three extra picks
Speaker 1: by trading backup goalie Alex Gorgiev the Stanley Cup champion Colorado.
Speaker 1: Avale No that Joguich plays his semifinal match at Wimbledon
Speaker 1: today against Cameron Nori, and the winner then faces the
Speaker 1: Ausee Nick Curios in Sunday's final. Curios advanced because of
Speaker 1: Raffael on the Dal's abdominal injury. Right, don't want to
Speaker 1: go out there, not be competitive, Ena to play at
Speaker 1: this uh let to play to to achieve my goal
Speaker 1: and with Nick chance to to make the things much worse.
Speaker 1: Wimbledon made the controversial decision to not allow Russians the way.
Speaker 1: Elena Kina born and raised in Moscow but plays now
Speaker 1: for Kazakh Standards. Je Dame Tomorrow's Women's Final against On
Speaker 1: Joe Burrow, Tunisia, John Bloomberg Sports Nathan all Right, John,
Speaker 1: thanks six thirty seven on Wall Street Time to take
Speaker 1: a look at stocks, some of the names moving in
Speaker 1: the pre market. Bloomberg Radio and TV Markets correspondent Credy
Speaker 1: Gupta is with us on a morning where the headline
Speaker 1: is Twitter deal in trouble creedy. It really is, and
Speaker 1: you're seeing that show up right in the middle of
Speaker 1: Twitter Share TWTR as your taker. Those shares down about
Speaker 1: four percent this morning, coming after report that The Washington
Speaker 1: Post reported that Elon musk'st billion dollar proposed takeover will
Speaker 1: quote in serious jeopardy. We know that this has been
Speaker 1: a longstanding issue in terms of how many bots are
Speaker 1: actually part of their user base. Twitter has long said
Speaker 1: that they estimated about five percent, Elon must saying that
Speaker 1: they have doubts. So it's that kind of back and
Speaker 1: forth that you see, perhaps uh once again becoming the
Speaker 1: issue that's pinned on a lot of suspicions simply about
Speaker 1: the financing once again up this deal. Nevertheless, Twitter shares
Speaker 1: are down four percent, But it's worth mentioning, Nathan. When
Speaker 1: you look at Twitter shares, you also have to look
Speaker 1: at Tesla shares because t s l A. It's only
Speaker 1: down seven tenths of one percent, but there's usually that
Speaker 1: inverse dynamic between the two. The idea being that Ellen
Speaker 1: musk split attention would essentially benefit perhaps Twitter, but not
Speaker 1: benefit Tesla because of that dynamics. It's something to keep
Speaker 1: an eye on. But speaking of some of the deal news,
Speaker 1: let's talk about Accidental here because it's getting once again
Speaker 1: another bid from Warren Buffett. This according to a filing yesterday,
Speaker 1: it looks like he's been buying even more shares. We
Speaker 1: know he's been accumulating a steak in the oil company.
Speaker 1: I believe he's about a fourteen percent steak. Now, remember
Speaker 1: he also helped finance the Anna dark O deal with
Speaker 1: Vicky Hollow when Oxent was buying Anna Darko. So O
Speaker 1: x Y is your taker up about one point one
Speaker 1: percent this morning, Nathan, And speaking of back and forth,
Speaker 1: how about what's going on with game Stop over the
Speaker 1: last couple of days. I mean, there's no it's it's
Speaker 1: fascinating because I think I was here literally twenty four
Speaker 1: hours ago, was saying the game Stop just a down
Speaker 1: stay four for one stocks. But the short skyrocketing well
Speaker 1: in the last twenty four hours, so much has changed.
Speaker 1: They fired their FO Mike Rick Kopero. I'm butchering that name,
Speaker 1: but micro Kapiro g m E down about six percent.
Speaker 1: It also, though, announced that it was cutting jobs, some
Speaker 1: widespread layoffs, something to keep an eye on. It's interesting
Speaker 1: now that you're starting to see a lot of these companies,
Speaker 1: specifically in like the retail space and the tech space,
Speaker 1: start to talk about actual firings. And this is interesting
Speaker 1: on a day like today where you do have payrolls
Speaker 1: that are in focus. So definitely keep an eye on that.
Speaker 1: I think GameStop is now really joining the ranks of Tesla,
Speaker 1: Amazon give an Apple in terms of those layoffs. So
Speaker 1: keep an eye on more announcements like that. I'm gonna
Speaker 1: leave you with one more here, Nathan, And of course,
Speaker 1: is Levi strousse l e v I is your tigger
Speaker 1: up about well? It's called five percent This morning, the
Speaker 1: earnings didn't beat their estimates, but analysts saying it highlights
Speaker 1: the strength of the brand and a positive performance for
Speaker 1: retailers in a difficult environment. So Levi strouss really pulling
Speaker 1: ahead of the curve here. And apparently Denham never goes
Speaker 1: out of style. All right, Blomberg Radio, TV Markets correspunded,
Speaker 1: Creaty Goopta, thanks as always for being with us. Looking
Speaker 1: ahead to the market open futures. Little change now for
Speaker 1: SMP futures. STA futures are up forty five, Nastack futures
Speaker 1: are down thirty one points as we await those payrolls
Speaker 1: numbers for June in less than two hours time. Send
Speaker 1: your treasure yield. By the way, two, this is Bloomberg
Speaker 1: Bloomberg eleven three oh weather clouds and uper eighties today,
Speaker 1: but it will turn partly sunny, less humid for the weekend.
Speaker 1: Low eighties tomorrow and Sunday. Look forward to that right
Speaker 1: now sixty nine in Central Park Markets. Headlines and breaking
Speaker 1: news twenty four hours a day at Bloomberg dot Com,
Speaker 1: the Bloomberg Business apt and at Bloomberg Quick Tape's She's
Speaker 1: a Bloomberg Business Flash and I'm Karen Moscow and SMP
Speaker 1: futures are a little change this morning, while nastack futures fall.
Speaker 1: Let's go to the first were breaking news dance for
Speaker 1: today's morning call. Here's Bill Maloney, Bill, good morning, and
Speaker 1: good morning, care and that's right. US futures are quiet
Speaker 1: right now at doubt futures hire by thirty one points.
Speaker 1: S and p s are down to well NaSTA futures
Speaker 1: decline by thirty six. The US ten year old at
Speaker 1: two point nine nine percent. Gold, oil and bitcoin are
Speaker 1: all trading little change, and Asia markets were quired overnight.
Speaker 1: Note that's Taiwan semi revenue eat estimates. European markets are
Speaker 1: in the green this morning, and back in the US
Speaker 1: on the economic front at a thirty non fond perils
Speaker 1: estimate there two d and sixty eight thousand, and it's
Speaker 1: on o'clock. Post sale inventories. In deal news, Elon Musk's
Speaker 1: takeover of Twitter is in jeopardy with the dispute over bots.
Speaker 1: And another news, Tesla's China shipments soared to a record
Speaker 1: as their plant went back online. Wrapping things up, bung
Speaker 1: You was raised to overweights over ed. J K. Morten
Speaker 1: live from the first breaking news Dostam, Bill Maloney care, right, Bill,
Speaker 1: thank you, and here live breaking news of her Bloomberg
Speaker 1: type squawk on your terminal SCU A w K and
Speaker 1: that's a Bloomberg business flash. Now here's Michael Barr with
Speaker 1: more on what's going on around the world. Michael Knaran,
Speaker 1: thank you ver very much. Was we've been talking about
Speaker 1: all this morning. Former Japanese Prime Minister Zo Abe died
Speaker 1: after he was shot during a campaign event in the
Speaker 1: city of Nara. The attacker was arrested. Of course, we'll
Speaker 1: have more of this story throughout the entire morning. The
Speaker 1: candle light vigil was held last night in Highland Park,
Speaker 1: Illinois for the seven victims of Monday's shooting rampage. Funeral
Speaker 1: services for three of them are scheduled today. The I
Speaker 1: r S is taking a closer look at reports the
Speaker 1: agency subjected to former FBI officials to unusual scrutiny. Then
Speaker 1: President Trump repeatedly attacked James Comey and Andrew McCabe over
Speaker 1: the FBI's Russia probe that shadowed Trump for years. In baseball,
Speaker 1: the Yankees beat the Red Sox, the met sce Orioles
Speaker 1: won the Nationals, and the Giants lost. Global News twenty
Speaker 1: four hours a day on air and on Bloomberg Quicktake,
Speaker 1: powered by more than twenty seven hundred journalists analyists more
Speaker 1: than a hundred twenty countries. Michael Barr, this is Bloomberg Kern.
Speaker 1: All right, Michael, thank you well at sixty nine on
Speaker 1: Wall Street, and returned to news and science and technology
Speaker 1: now with the Bloomberg and j I. T. Stammer Report,
Speaker 1: brought to you by the New Jersey Institute of Technology
Speaker 1: and j I T. Welcomes its ninth president, Tech Limb,
Speaker 1: a visionary leader committed to growing and j A T.
Speaker 1: S partnerships with industry to bolster student opportunities and outcomes.
Speaker 1: Learn more at n j I T dot e DU.
Speaker 1: Now Here's what's making news and science, technology, engineering and
Speaker 1: math and a former gold mine A mile underground inside
Speaker 1: a titanium tank filled with a rare liquefied gas, scientists
Speaker 1: have begun the search for what so far has been
Speaker 1: unfindable dark matter. Scientists are pretty sure the invisible stuff
Speaker 1: makes up most of the universe's mass and say we
Speaker 1: wouldn't be here without it, but they don't know what
Speaker 1: it is. Scientists announced that the five years, sixty million
Speaker 1: dollars search finally got underway two months ago after a
Speaker 1: delay caused by the COVID nineteen pandemic. So far, the
Speaker 1: device has found nothing, at least no dark matter. It
Speaker 1: may come as no surp prize, but a computer related
Speaker 1: profession is the fastest growing occupation among people ages twenty
Speaker 1: five to thirty four and smart assets second annual study
Speaker 1: on the fastest growing jobs for young professionals, Computer hardware
Speaker 1: engineers topped the list. Occupational therapist was second and speech
Speaker 1: language pathologists third. And bitcoin is on course for its
Speaker 1: best weekly gain since October last year, helped by a
Speaker 1: return of risk appetite and global markets. More broadly, the
Speaker 1: largest cryptocurrency is that more than thirteen percent for the
Speaker 1: week so far. If the move holes, that would be
Speaker 1: the biggest game for such a span since one And
Speaker 1: that's the Bloomberg and j Anti Stem report. Nathan Okay, Karen,
Speaker 1: thank you. We are live from the Bloomberg Interactive Broker
Speaker 1: Studios where it's coming up to six fifty one on
Speaker 1: Wall Street Time Now to check what's going on in
Speaker 1: d C. Some of the top stories in our nation's
Speaker 1: capital include President Biden to meet with advisors on discussing
Speaker 1: cuts to Chinese tariffs, Presidents to sign an order on
Speaker 1: abortion access as allies demand more action and Democrats, and
Speaker 1: to extend Medicare solvency in a new slim down economic Bill.
Speaker 1: We're joined now by Bloomberg government reporter Emily Wilkins. Of course,
Speaker 1: the main story around the world, reverberating around the world, Emily,
Speaker 1: is the assassination of former Japanese Prime Minister Shinzo Abe.
Speaker 1: Have we gotten any US reaction to this news. We've
Speaker 1: gotten reaction from Secretary of State Anthony B. Lincoln. UH.
Speaker 1: He mourns Abe as a leader of great vision. Earlier
Speaker 1: after the news that he had been shot, but before
Speaker 1: his passing had been confirmed. UH. B Lincoln said that
Speaker 1: he was deeply sad and deeply concerned by the shooting
Speaker 1: and that our our thoughts, our prayers are with him,
Speaker 1: his family, and the people of Japan. UM. Certainly this
Speaker 1: is going to be news that that reverberates throughout the US.
Speaker 1: You've also seen statements put out by former President Donald
Speaker 1: Trump uh noting his relationship UH with with Abe. UM
Speaker 1: and we're expecting to hear more on this potentially later
Speaker 1: today when President Biden addresses the nation. And we're expecting
Speaker 1: that the President is going to be a meeting, as
Speaker 1: I mentioned, with advisors later today about something he's been
Speaker 1: thinking about really for weeks now, whether to cut tariffs
Speaker 1: on Chinese goods, something of course that former President Trump impost. Yeah,
Speaker 1: Biden has yet to reach a decision on this, but
Speaker 1: this is certainly something that he's discussing, that he's looking at.
Speaker 1: We've heard, uh, those in his cabinet saying that some
Speaker 1: of these tarr productions could potentially bring down the prices
Speaker 1: of some items that have gotten higher with inflation. You've
Speaker 1: heard Secretary Treasury Secretary Jenny Yellen's the last month that
Speaker 1: derret productions could help Americans with the things they are buying,
Speaker 1: and Commerce Secretary Gena Romundo has offered similar sentiments. But Nathan,
Speaker 1: let's be honest about what can and can't be done here.
Speaker 1: I mean, the things that Americans are feeling the most
Speaker 1: inflation pressure on our food, it's fuel, it's housing, and
Speaker 1: those aren't going to be things that are really impacted
Speaker 1: by lifting some of these tariffs. Barclay said that any
Speaker 1: rollback of some of these tariffs on Chinese goods would
Speaker 1: be a quote drop in the bucket. And so really
Speaker 1: a big question here about what if any relief Americans
Speaker 1: are actually going to feel should Biden decide to go
Speaker 1: and roll back some of these tariffs, and probably what's
Speaker 1: been holding the President back on making a decision, Emily
Speaker 1: is the political impact, because I mean, the President's promised
Speaker 1: to be the most pro union president ever and presumably
Speaker 1: tariffs on Chinese goods helped domestic union companies absolutely. And
Speaker 1: when you hear Commerce Secretary Gino Romando speak about this,
Speaker 1: she did suggest keeping tariffs on steel and aluminum products,
Speaker 1: but that is meant to help American workers and American industries,
Speaker 1: and certainly at the same point, there's also you know,
Speaker 1: larger questions about what this could mean for the workforce,
Speaker 1: what this could mean for American manufacturing. You kind of
Speaker 1: have the split screen of the White House looking at
Speaker 1: lifting some of these tariffs. Well, right down Pennsylvani, the
Speaker 1: Avenue Congress is working on legislation that is speaking to
Speaker 1: make the US more competitive against China when it comes
Speaker 1: to manufacturing and development. As you mentioned, the President is
Speaker 1: going to be speaking later today's at an event on
Speaker 1: his schedule about protecting abortion access. What more do we
Speaker 1: know about that? So we know that Biden is going
Speaker 1: to be taking executive action today to protect access to abortion.
Speaker 1: This is going to include instructing the Department of Justice
Speaker 1: and Health and Human services to really push back on
Speaker 1: any efforts that states might have to limit access to
Speaker 1: federally approved abortion medication or bands on folks traveling across
Speaker 1: state lines to access abortion services. We're also reporting that
Speaker 1: Biden is going to direct agencies to educate medical providers
Speaker 1: and insures about how when they are required to share
Speaker 1: patient information with authorities. And also within the realm of
Speaker 1: the White House, Vice President Kamala Harris today is going
Speaker 1: to be meeting with Democratic legislatures from states that are
Speaker 1: expected to either ban abortion or bolster their current abortion
Speaker 1: bands that are in place. Um and this really goes
Speaker 1: along with what Vice President Harris has already been doing,
Speaker 1: meeting with faith leaders, healthcare providers, constitutional law experts on
Speaker 1: the issue of abortion and abortion access, trying to see what,
Speaker 1: if anything, the administration can do uh Number one, on
Speaker 1: an issue that's imported to a lot of the Democratic
Speaker 1: base as well as an issue that no number of
Speaker 1: Democrats deal the White House has not been active enough
Speaker 1: on and responding since the Supreme Court handed down their
Speaker 1: decision overturning Rob Wade. Expecting that an executive order like
Speaker 1: this is going to go far enough to mollify some
Speaker 1: of those people who have been putting pressure on the
Speaker 1: President to do more after the Supreme Court decision. This
Speaker 1: will be something that President Biden can point to and
Speaker 1: Democrats can point to as something that they've done. But
Speaker 1: the White House itself admits that this is not nearly
Speaker 1: enough from their perspective that they want Congress to pass
Speaker 1: laws codifying ro versus. Wade. We know of that House
Speaker 1: Speaker Nancy Flosi does plan to bring legislation to the
Speaker 1: House floor when Congress comes back next week that will
Speaker 1: deal with abortion and abortion access, also protecting data and
Speaker 1: data privacy for things like reproduction apps on your cell
Speaker 1: phone or Google searches. That might be done. Um, but
Speaker 1: even just at this point, there are not the votes
Speaker 1: in Congress right now, uh to codify Row versus Wade,
Speaker 1: And so that really us Democrats in the position where
Speaker 1: they're just having to tell voters that they need to
Speaker 1: go to the polls in November. And of course, while
Speaker 1: abortion is an issue on many voters minds, it's it's
Speaker 1: up there too with gas prices, with inflation, with the economy,
Speaker 1: and with a number of other issues. We'll be watching
Speaker 1: for the signing that executive order. In the comments from
Speaker 1: President Biden later today Bloomberg Government reporter Emily Wilkins. As always,
Speaker 1: thanks for the update from the nation's capital, and you
Speaker 1: can read more about these stories on Bloomberg dot com
Speaker 1: or on the Bloomberg terminal. And as a reminder, follow
Speaker 1: all the latest on Bloomberg Radio in Washington, Bloomberg and
Speaker 1: one oh five point seven FM h D two. As
Speaker 1: we were await the release of the June payrolls report,
Speaker 1: in just about an hour and a half, we're gonna
Speaker 1: be speaking live and get reaction from the Biden administration.
Speaker 1: Labor Secretary Marty Walsh will join us. That's expected just
Speaker 1: about an hour after the release of the payrolls report,
Speaker 1: nine forty Wall Street time. Catch that conversation right here
Speaker 1: on Bloomberg Radio. Futures starting to move lower again ahead
Speaker 1: of the payrolls SMP futures down eleven points down, futures
Speaker 1: down thirty seven, NASTAC futures are lower by seventy four points,
Speaker 1: and the tenure Treasury yield right now just about two
Speaker 1: point nine eight percent. Bloomberg Surveillance is next for Karen Moscow.
Speaker 1: I'm Nathan Hager, and this is Bloomberg