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Speaker 1: Good morning.

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Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the

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Speaker 2: stories we're following today.

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Speaker 3: We begin with the latest on the war in the

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Speaker 3: Middle East. Israeli leaders are vowing to continue their fight

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Speaker 3: to eradicate Hamas despite criticism from international groups. Prime Minister

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Speaker 3: Benjamin Netanyahu lashed out after the un said there are

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Speaker 3: no longer any safe places in Gaza.

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Speaker 4: I say, to the women's rights organizations, to the human

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Speaker 4: rights organizations, you've heard of the rape of Israeli women,

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Speaker 4: horrible atrocities, sexual new relation.

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Speaker 5: Where the hell are you?

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Speaker 3: Prime Minister Natanyahu's troops are continuing to press into the

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Speaker 3: southern Gaza city of han Yunis.

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Speaker 6: Well, Nathan.

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Speaker 2: Back here. In the US, presidents of three prestigious universities, Harvard, MIT,

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Speaker 2: and Penn were called to Capitol Hill to explain to

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Speaker 2: lawmakers what they're doing about an outbreak of anti Semitism

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Speaker 2: on their campuses. Bloomberg's Amy Morris has more from Washington.

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Speaker 7: The university presidents told lawmakers they won't tolerate anti semitism

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Speaker 7: on their campuses as they cope with protests over the

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Speaker 7: Israel Humas war. During heated questioning, by New York Republican

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Speaker 7: Elis Stephonic. Harvard University professor doctor Clauding Gay cited free

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Speaker 7: expression and says the school consistently enforces its rules of conduct.

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Speaker 8: Even of views that are objectionable, offensive, hateful. It's when

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Speaker 8: that speech crosses into conduct that violates our policies against

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Speaker 8: bullying Haras.

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Speaker 3: Does that speech not cost that barrier?

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Speaker 2: Does that speech not call for the genocide of Jews

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Speaker 2: and the elimination of Israel?

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Speaker 8: We embrace a commitment to free expression.

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Speaker 7: Alumni and donors, citing incidents of anti Semitism, psychologists just

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Speaker 7: aren't doing enough to create a safe learning environment for

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Speaker 7: Jewish students in Washington. Amy Morris, Bloomberg Radio, all.

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Speaker 3: Right, Amy, thank you. In other news this morning, Vladimir

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Speaker 3: Putin has arrived in the United Arab Emirates at the

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Speaker 3: start of a trip that will also include a visit

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Speaker 3: to Saudi Arabia. It is a rare overseas trip since

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Speaker 3: the invasion of Ukraine. The Russian president is seeking to

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Speaker 3: bolster partnerships with key oil producers. Bloomberg's Rosalind Mathieson says

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Speaker 3: the visit reveals a lot about the way Putin sees

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Speaker 3: his position.

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Speaker 6: He's really not left Russia very much since he invaded

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Speaker 6: Ukraine almost two years ago. He's been to China, he's

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Speaker 6: been to some of the proof ree States, but he's

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Speaker 6: not really ventured any further than that. So simply the

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Speaker 6: fact that he now feels confident enough to travel to

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Speaker 6: the UAE, to travel to Saudi Arabia, to meet with

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Speaker 6: some very very high level officials in both countries shows

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Speaker 6: perhaps a reflection of how he's feeling at the moment

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Speaker 6: about his hold on power at home, about where he's

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Speaker 6: born in Ukraine is at and really that he's not

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Speaker 6: feeling isolated on the global stage.

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Speaker 3: Bloomberg's Ros Matheson says Putin's previously limited trips mainly two

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Speaker 3: close allies since he ordered troops into Ukraine.

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Speaker 2: Well, let's turn to US politics now, Nathan And a

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Speaker 2: revealing comment from President Biden. The president says he might

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Speaker 2: have decided not to run for reelection if former President

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Speaker 2: and Donald Trump were not in the race. At a

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Speaker 2: fundraiser in Massachusetts, the President said, quote, we can't let

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Speaker 2: him win for the sake of the country. He was

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Speaker 2: asked about the comment afterward.

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Speaker 9: I expect so, but look, it is running and I

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Speaker 9: just have to rus not no, not now.

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Speaker 2: The President's comments come as polls show many voters are

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Speaker 2: concerned about his age and the prospects of a Biden

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Speaker 2: Trump rematch. Well.

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Speaker 3: Meanwhile, Karen, the President's re election campaign does expect to

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Speaker 3: raise more than fifteen million dollars in events across the

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Speaker 3: country over the next five days. Biden is back in

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Speaker 3: Washington after those three fundraisers in Boston, there was one

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Speaker 3: actually that included singer James Taylor. On Friday, the President

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Speaker 3: plans to travel to Los Angeles for a fundraiser with

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Speaker 3: film director Steven Spielberg and Rob Reiner.

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Speaker 2: Oh, we turned to the markets now, Nathan, as we

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Speaker 2: await the crucial Friday jobs are pored. Another labor data

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Speaker 2: point is reinforcing optimism of rate cuts, and we get

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Speaker 2: the latest from Bloomberg's John Tucker and Karen.

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Speaker 5: It's just what the Fed wants to see. The jolts

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Speaker 5: or job opening survey pulling back in October to the

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Speaker 5: lowest level since early twenty twenty one. It underscores the

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Speaker 5: gradual cooling in the labor market that policymakers want. The

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Speaker 5: labor market seems to be softening through slowing demand for

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Speaker 5: new workers, rather than employers cutting jobs. A separate report

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Speaker 5: shows easing inflation in the service sector. The ten year

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Speaker 5: US yields that briefly top five percent in October broke

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Speaker 5: below four point two percent. They're lower still this morning.

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Speaker 5: It all feeds into the Goldilock scenario. Still some investors

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Speaker 5: are warey. We're calling the story of Goldilocks had a

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Speaker 5: few bears in it. Friday, we do get the monthly

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Speaker 5: jobs report, and next week is the Fed meeting. John Tucker,

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Speaker 5: Bloomberg Radio.

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Speaker 3: Now lots to come John, Thank you. Also today, the

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Speaker 3: CEOs of some of the biggest banks on Wall Street

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Speaker 3: are in Washington to testify before Congress. More on that

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Speaker 3: from Bloomberg Financial correspondent Chanelli Bossik.

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Speaker 10: JP Morgan CEO Jamie Diamond, and Goldman Sachs CEO David

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Speaker 10: Solomon are among big bank CEOs set to face the

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Speaker 10: Senate Banking Committee today in Washington. The committee, led by

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Speaker 10: Senator Shared Brown, has held the hearing with the big

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Speaker 10: banks every year since Brown became chairman in twenty twenty one,

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Speaker 10: saying that he's there to protect the main street economy

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Speaker 10: and the bankers will face questions on everything from mortgage

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Speaker 10: rates to savings rates after the Federal Reserve has raised

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Speaker 10: interest rates so dramatically. In Washington, d C. I'MTIONALI Bassic

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Speaker 10: Bloomberg Radio Shanelle, thank you.

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Speaker 2: What we heard from another bank executive ahead of those hearings.

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Speaker 2: The Bank of America CEO Brian moynihan is talking about

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Speaker 2: the economy. His firm still expects us off landing rather

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Speaker 2: than a recession.

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Speaker 9: The reality is going to be a slowdown, but we

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Speaker 9: have it as being positive. The way customers are spending

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Speaker 9: their money is leveled out. In other words, there's not

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Speaker 9: this good service, this massive change. So some things are

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Speaker 9: growing faster, but it's leveled out, meaning that all the

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Speaker 9: categories are kind of grow on plus or minds the average.

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Speaker 9: And so that's all good news that the economy's normal life.

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Speaker 2: Bank of America CEO Brian moynihan made the comments yesterday

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Speaker 2: at Goldman Sachs US Financial Services. Come friends, time now

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Speaker 2: for a look at some of the other stories making

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Speaker 2: news around the world. For that, we're joined by Bloomberg's

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Speaker 2: Amy Morris.

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Speaker 11: Samy.

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Speaker 7: Good morning, Good morning, Karen, and we're learning that Russian

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Speaker 7: President Vladimir Putin has just arrived in Abu Dhabi, a

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Speaker 7: rare foreign trip to bolster oil cooperation with Saudi Arabia

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Speaker 7: and the United Arab Emirates. Back here at home, House

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Speaker 7: Speaker Mike Johnson says House Republicans have come to an

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Speaker 7: inflection point in their impeachment inquiry of President Biden. Bloomberg's

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Speaker 7: nanacylliance brings us an update.

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Speaker 12: Speaker Johnson says the House has no choice but to

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Speaker 12: take an official vote on an impeachment inquiry next week.

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Speaker 12: The White House has refused to acknowledge the legitimacy of

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Speaker 12: the probe since no vote was taken, which is the

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Speaker 12: usual course.

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Speaker 5: They're refusing to turn over key witnesses to allow them

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Speaker 5: to testify as they've been subpoena.

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Speaker 11: They're refusing to turn over thousands of documents for the

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Speaker 11: National Archives.

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Speaker 12: The impeachment inquiries over President Biden's alleged involvement and his

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Speaker 12: son Hunter's overseas business dealings. The investigation so far has

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Speaker 12: produced no direct evidence. In the press has denied any wrongdoing.

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Speaker 12: In Washington, Nancy lyons Bloomberg Radio Now.

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Speaker 7: Senate Majority Leader Chuck Schumer says Yesterday's classified Senate hearing

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Speaker 7: that was supposed to be about Ukraine was quote hijacked

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Speaker 7: by Republicans trying to force a conversation about the US border.

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Speaker 7: Schumer offered Republicans a chance to offer an amendment to

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Speaker 7: the package, but that would require sixty votes to pass.

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Speaker 4: Any amendment they want.

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Speaker 9: If they can get sixty votes, they can solve the

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Speaker 9: border problem.

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Speaker 4: It's plain and simple.

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Speaker 7: Senator Schumer has set up a procedural vote on a

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Speaker 7: supplemental spending bill that does not include border provisions that'll

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Speaker 7: be set for later today. Meanwhile, Ukrainian President Vladimir Zelensky

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Speaker 7: canceled his address to the US Senate yesterday as those

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Speaker 7: negotiations bogged down. Former President Donald Trump is reportedly likely

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Speaker 7: to attend his New York civil fraud trial tomorrow. His

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Speaker 7: attendance would come just days before he's expected to take

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Speaker 7: the stand again next week. Trump is set to be

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Speaker 7: the defense's last witness in that case on Monday. He

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Speaker 7: last has to fight on November sixth. New York Attorney

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Speaker 7: General Letitia James accuses Trump and others of inflating the

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Speaker 7: value of assets in order to obtain more favorable loans.

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Speaker 7: Members of Hollywood's actors union have voted to ratify the

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Speaker 7: deal with studios, ending their strike after nearly four months.

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Speaker 7: The seventy eight percent approval from the members of the

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Speaker 7: Screen Actors Guild American Federation of Television and Radio Artists

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Speaker 7: was no certainty. Some prominent members had voiced assent on

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Speaker 7: that deal. A rejection of the agreement would have meant

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Speaker 7: a return to the bargaining table and the possibility of

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Speaker 7: workers going back on strike. Global news twenty four hours

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Speaker 7: a day and whenever you want it with Bloomberg News Now.

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Speaker 7: I'm Amy Morris and this is Bloomberg Karen.

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Speaker 2: All right, Amy, thanks, So we do bring you news

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Speaker 2: throughout the day right here on Bloomberg Radio. But as

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Speaker 2: Amy said, you can now get the latest news on demand,

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Speaker 2: and that means whenever you want it. Subscribe to Bloomberg

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Speaker 2: News Now to get the latest headlines at the click

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Speaker 2: of a button. Get informed on your schedule. You can

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Speaker 2: listen and subscribe to Bloomberg News Now on the Bloomberg

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Speaker 2: Business app, Bloomberg dot com plus Apple Well, Spotify, and

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Speaker 2: anywhere else you get your podcasts all time. Now for

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Speaker 2: the Bloomberg Sports Update, by John Stashaur John Karen.

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Speaker 13: Milwaukee and the Lakers will join Indiana and New Orleans

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Speaker 13: for the semifinals the NBA's in season tournament tomorrow night

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Speaker 13: in Las Vegas. The Bucks scored thirty four or more

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Speaker 13: points in all four corners. They shot sixty percent from

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Speaker 13: the field and made sixty percent of their three pointers.

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Speaker 13: They beat the Knicks in Milwaukee one forty six to

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Speaker 13: one twenty two Giannis Sunde. The couple scored thirty five points.

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Speaker 13: Damian Lillard added twenty eight. Julius Randall scored forty one

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Speaker 13: for the Knicks, who gave up the most points they've

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Speaker 13: given up in a game since nineteen seventy nine. Closer

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Speaker 13: game in La Lakers top Phoenix one oh six to

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Speaker 13: one oh three. The Stars were out Lebron James thirty

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Speaker 13: one points and Kevin Durant thirty one in the loss.

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Speaker 13: He missed the three at the buzzer that would have

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Speaker 13: tied the game, So it'll be the Pacers against the Bucks.

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Speaker 13: The Lakers against the Pelicans championship game on Saturday. College

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Speaker 13: trips to New York. Fifth rank Yukon beat ninth rank

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Speaker 13: North Carolina eighty seven to seventy six, only the eighth

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Speaker 13: trade ever between the Yankees and Red Sox. The Yanks

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Speaker 13: get outfielder Alex Perdugo from Boston. The Red Sox get

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Speaker 13: three pitchers, most of whom spent last season in the

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Speaker 13: minor leagues. Yankees also looking to acquire Juan Soto at

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Speaker 13: the winter meetings underway in Nashville. The bigger story, Who's

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Speaker 13: gonna get shoe A? Otani? The favorite right now? The Dodgers.

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Speaker 13: Their manager Dave Roberts, met with Otani for a couple

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Speaker 13: of hours at Dodgers Stadium. Roberts said Otani is our

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Speaker 13: top priority. John stash Award Bloomberg Sports.

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Speaker 4: From coast to coast, from New York to San Francisco,

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Speaker 4: Boston to Washington, DC, nationwide on Siriusxam, the Bloomberg Business

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Speaker 4: app in Bloomberg dot Com. This is Bloomberg Daybreak. Good morning.

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Speaker 4: I'm Nathan Hager.

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Speaker 3: On a busy morning overseas and in domestic Paul, including

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Speaker 3: in Israel, where they are pressing on with the fight

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Speaker 3: against Hamas in southern Gaza despite international pressure to end

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Speaker 3: the war. Russian President Vladimir Putin is on a rare

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Speaker 3: trip outside his country just landing in the United Arab

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Speaker 3: Emirates today, and US President Joe Biden is raising new

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Speaker 3: questions with his latest comments on why he's running for reelection.

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Speaker 3: Lot's to get to this morning with Bloomberg new senior

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Speaker 3: editor Bill Ferries, who joins me now. Bill, So, the

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Speaker 3: fighting goes on in Gaza, and from the looks and

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Speaker 3: sounds of it, it's about as intense as it's ever been.

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Speaker 11: Absolutely, there's a lot of reports that the death toll

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Speaker 11: and southern Gaza has picked up. Israel Is sending forces

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Speaker 11: all around the second biggest city in Gaza there in

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Speaker 11: the south in Prime Minister net and Yahoo today said

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Speaker 11: we will fight until the end, calling for a quote

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Speaker 11: crushing victory. At the same time, Israeli officials have said

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Speaker 11: that they are willing to or another pause if or

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Speaker 11: cease fire if that really allows more hostages to be released.

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Speaker 11: But you know, from the beginning, I think since October seventh,

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Speaker 11: when Hamas went into Israel, the Israeli government has said

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Speaker 11: one of their ultimate goals here is to destroy the

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Speaker 11: mass leadership, and I think they're going to proceed in

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Speaker 11: that direction, whether or not they get more hostages out.

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Speaker 3: Is there a risk that Israel could lose international support

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Speaker 3: if the bombardments maintain this level of intensity.

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Speaker 9: Yeah.

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Speaker 11: Absolutely. I think you've already seen them on the defensive internationally,

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Speaker 11: trying to really focus on their efforts to minimize civilian casualties.

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Speaker 11: But you have people like even the United Nations agencies

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Speaker 11: that are operating there saying at this point there's really

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Speaker 11: no safe place for Palestinians in the Gaza Strip to

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Speaker 11: evacuate too. You know that all places are effectively targets

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Speaker 11: at this point. So I think there's certainly a public

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Speaker 11: relations battle that goes along with the battle in Gaza,

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Speaker 11: and I think that's one that Israel. The public relations

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Speaker 11: battle is one that Israel is really struggling with.

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Speaker 3: And while we watched the movement in the Gaza Strip, Bill,

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Speaker 3: we are also monitoring movements by Russian President Vladimir Putin.

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Speaker 3: We got the headline just moments ago that he has

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Speaker 3: arrived in the United Arab Emirates. This is a pretty

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Speaker 3: rare trip abroad for the Russian president.

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Speaker 11: It is there's a lot going on here.

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Speaker 4: I think.

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Speaker 11: On the one hand, you know, you go to you

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Speaker 11: go to the UAE, and you go to Saudi Arabia,

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Speaker 11: where he's expected I think later in the day. You

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Speaker 11: go there for one reason, and that's to talk about

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Speaker 11: oil and energy. Russia has been supportive of the Opek

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Speaker 11: plus arrangement to cut production further beginning in January. Russia

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Speaker 11: and Saudi Arabia are really the backbone of that Opek

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Speaker 11: plus agreement. Though Russia has not really been cutting back

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Speaker 11: on production, it needs those oil sales to fund its

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Speaker 11: war in Ukraine. But I think there's also just a

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Speaker 11: very symbolic gesture and putin traveling, making this trip just

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Speaker 11: sort of showing that he can travel. There's not many

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Speaker 11: places where he can go at this point where he

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Speaker 11: wouldn't be at risk of getting arrested for the for

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Speaker 11: the Ukraine War. He's skipped a Brick summit in South

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Speaker 11: Africa earlier this year because of concerns he might be detained.

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Speaker 11: But he is, you know, he's able to travel relatively freely.

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Speaker 11: There is a lot of Russian investment in this in

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Speaker 11: the Gulf States, a lot of Russian companies that have

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Speaker 11: fled Western sanctions relocated there, a lot of Russians relocated there,

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Speaker 11: and so I think there's a whole bunch of issues

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Speaker 11: on his agenda, from from oil to to investment. Uh,

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Speaker 11: and then frankly, just the symbolic importance of being seen

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Speaker 11: traveling abroad.

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Speaker 3: President Biden is traveling as well, raising a lot of

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Speaker 3: money for his re election campaign and making some pretty

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Speaker 3: interesting comments on why he's running. He's saying that he

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Speaker 3: might not even be running if not for former President Trump.

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Speaker 3: It's kind of raising concerns, isn't it.

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Speaker 11: Yeah, you have a lot of people who a lot

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Speaker 11: of Democrats who would you know, who say they're really

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Speaker 11: concerned about the president's age. They'd like to see a

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Speaker 11: different candidate in the race. Frankly, you have a lot

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Speaker 11: of Republicans who say that about Donald Trump at aged

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Speaker 11: seventy seven as well. It says a lot about the race.

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Speaker 11: I think Joe Biden in some ways is saying what

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Speaker 11: perhaps Democratic strategists and leaders have been saying, which is,

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Speaker 11: you know, he's he's the only guy who beat Trump

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Speaker 11: in twenty twenty and and feels perhaps like he's the

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Speaker 11: one to do it again. I think, you know, he

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Speaker 11: seemed to walk back that comment a little bit when

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Speaker 11: he returned to the White House last night, saying that

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Speaker 11: if you know he would expect that maybe he would

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Speaker 11: still be the candidate even if Trump wasn't running. But

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Speaker 11: I think he said he said out loud, the quiet

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Speaker 11: part that a lot of Democratic operatives have been saying

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Speaker 11: for a while.

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