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Speaker 1: Bloomberg Audio Studios, podcasts, radio, news.

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Speaker 2: News when you want it With Bloomberg News Now. I'm

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Speaker 2: Brian Curtis in Hong Kong. The US Congress has approved

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Speaker 2: temporary funding to avert a Saturday partial US government shutdown.

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Speaker 2: The Senate passed the bill on a seventy seven to

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Speaker 2: thirteen vote, just hours after the House had acted on it.

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Speaker 2: Bloomberg's Eric Watson has more.

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Speaker 3: We had a deadline of shutting down Saturday and another

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Speaker 3: deadline of shutting down a week later, and now those

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Speaker 3: have been kicked, both the first group to March eighth

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Speaker 3: and the second group to March twenty second.

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Speaker 4: You know.

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Speaker 3: But behind the scenes, there's also sort of an agreement

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Speaker 3: on a six bill package full year funding for about

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Speaker 3: twenty seven percent of agency spending. We're exciting to see

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Speaker 3: that release sometime this weekend, probably on Sunday.

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Speaker 2: Bloomberg's Eric Wawson. President Biden may be struggling against former

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Speaker 2: President Trump in the Bloomberg News Morning Consult Swing State poll,

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Speaker 2: but he's got a big advantage in the money race.

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Speaker 2: Bloomberg's Nathan Hager reports from Washington.

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Speaker 1: The president's reelection campaign reported one hundred and thirty million

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Speaker 1: dollars on hand in its latest filing. Now, a political

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Speaker 1: strategist familiar with national fundraising tells Bloomberg News groups backing

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Speaker 1: Biden have already committed to spend more than seven hundred

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Speaker 1: million dollars to help the president defeat Trump in November.

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Speaker 1: The former president's campaign, meanwhile, is bleeding cash. It's spent

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Speaker 1: more than it raised in January, and more than a

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Speaker 1: half billion dollars in legal judgments are threatening to drain

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Speaker 1: the former president's personal fortune in Washington. I'm Nathan Hager

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Speaker 1: Bloomberg Radio.

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Speaker 2: New York Attorney General Letitia James has launched an investigation

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Speaker 2: into AT and T. This comes after last week's disruption

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Speaker 2: halted service to hundreds of thousands of people. More from

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Speaker 2: Bloomberg's Charlie Pellett.

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Speaker 4: AT and T blamed the outage on on what it

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Speaker 4: called an incorrect process while expanding its network. The Attorney

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Speaker 4: General said her office will be investigating the causes, as

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Speaker 4: well as AT and t's response to the service disruption.

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Speaker 4: She encouraged all affected New Yorkers to file complaints. The

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Speaker 4: disruption to service began in the early hours of February

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Speaker 4: twenty second, AT and T didn't announce the network's restoration

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Speaker 4: until mid afternoon. Customers filed more than one and a

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Speaker 4: half million outage reports on the service tracking website down detector.

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Speaker 4: In New York, Charlie Pellett Bloomberg.

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Speaker 2: Radio USTOCS closed it all time highs. The latest inflation

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Speaker 2: readings added to Betts that the FED will be able

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Speaker 2: to cut rates as early as June. The PCE index

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Speaker 2: remains above the Fed's two percent target, but the data

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Speaker 2: helped delay concerns about a more significant increase. San Francisco

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Speaker 2: FED President Mary Daly says officials are ready to cut rates,

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Speaker 2: but she says there's no rush.

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Speaker 5: When you're still adding jobs at one to two times

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Speaker 5: the rate that you need to to keep the unemployed

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Speaker 5: rid stable. When consumer spending continues to be very solid

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Speaker 5: and often more robust than anybody would expect, and GDP

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Speaker 5: growth is coming in so strong, there is no eminent

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Speaker 5: risk to the economy faltering.

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Speaker 2: San Francisco Fed President Mary Daily. Treasury yields did edge lower.

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Speaker 2: The ten year is now close to four point two

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Speaker 2: four percent. Meantime, the yield on the two year US

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Speaker 2: Treasury now four point sixty one percent. Manufacturing activity in

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Speaker 2: Asia slumped in February. Factories wrestling with weak demand in

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Speaker 2: China and supply chain disruptions in major shipping routes. Factories

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Speaker 2: across North Asia cut output and new orders last month.

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Speaker 2: This suggests weaker customer spending both on domestic and international markets.

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Speaker 2: The February PMI in China forty nine point one, the

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Speaker 2: estimate forty nine in contraction mode. The non manufacturing PMI

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Speaker 2: was at fifty one point four, and that was stronger

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Speaker 2: than the estimate of fifty point seven. India's GDP jumped

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Speaker 2: an unexpectedly strong eight point four percent in the final

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Speaker 2: quarter of last year. Bloomberg's Joan Wong has more.

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Speaker 6: The figures beat all forecasts by economists. The strong result

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Speaker 6: comes just months ahead of an election. India's Statistics Ministry

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Speaker 6: says growth was sparked by strong private sector investment and

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Speaker 6: a pickup in surfaces spending. GDP figures for the previous

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Speaker 6: two quarters were revised to above eight percent as well.

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Speaker 6: Analysts say a search and taxes might be a reason

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Speaker 6: for the unexpected jump and GDP. In any case, the

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Speaker 6: numbers reaffirmed that India is the fastest growing major economy

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Speaker 6: in the world in Hong Kong, Join Wang Bloomberg Radio.

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Speaker 2: That's news when you wanted with Bloomberg News. Now, I'm

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Speaker 2: Brian Curtis. This is Bloomberg