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Speaker 1: News when you wanted with Bloomberg News. Now, I'm met Kleggy.

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Speaker 1: Donald Trump polled supporters at his Michigan rallies Saturday whether

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Speaker 1: they'd prefer for him to run against President Joe Biden

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Speaker 1: or Vice President Kamala Harris. An overwhelming cacophony of voices

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Speaker 1: suggested they want the eighty one year old president as

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Speaker 1: Trump's opponent. The informal suggestion from the crowded Saturday's rally

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Speaker 1: mirrors are reckoning occurring within both Democratic and Republican circles.

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Speaker 1: Trump is poised to beat Biden, an assertion that is

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Speaker 1: backed by a spate of new polling in recent days.

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Speaker 1: The rally, the first since Trump survived an assassination attempt

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Speaker 1: last week, comes as the Democratic intra party dissension continues

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Speaker 1: to escalate over whether Biden should be the Democratic nominee

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Speaker 1: to face Trump in the November election. The possible glide

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Speaker 1: path toward an interest rate cut from the Fed is

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Speaker 1: in focus this coming week. We get more from Bloomberg's

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Speaker 1: Denise Pellegrini, economist.

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Speaker 2: The Personal Consumption Expenditures price index minus food and energy

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Speaker 2: coming Friday likely rose a tenth of a percent in

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Speaker 2: June for a second straight month. That would bring the

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Speaker 2: three month annualized core inflation down to the slowest pace

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Speaker 2: this year and below the fed's two percent target. The

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Speaker 2: report part of a reading on personal spending and incomes.

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Speaker 2: It'll come after a separate report on gross domestic product

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Speaker 2: expected to show economic weakening to the slowest consecutive quarters

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Speaker 2: in two years, and we've also seen moderating job and

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Speaker 2: wage growth. Put it all together, and chances of a

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Speaker 2: rate cut when the Fed's policy making group meets later

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Speaker 2: this month are probably still low, but many investors see

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Speaker 2: a quarter point cut at their September reading as a

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Speaker 2: virtual lock. Denise Pellegriny Bloomberg Radio.

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Speaker 1: Israel struck targets around the Hoofy held red sea port

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Speaker 1: of Hodeya, retaliating for a drone attack on Tel Aviv

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Speaker 1: by the Iran backed militants that kill demand and exposed

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Speaker 1: a vulnerability in Israeli air defenses. The air strikes target

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Speaker 1: at a power station and fuel storage sites, according to

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Speaker 1: the Yemen Base Group, who the run television showed flames

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Speaker 1: and smoke raging and installations in said were hit. Israeli

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Speaker 1: Prime Minister Benjamin Natannah, who said the port was used

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Speaker 1: as a gateway for I Runnian weapons supplies to the

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Speaker 1: hoo Thys quote. This operation struck targets eighteen hundred kilometers

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Speaker 1: from our borders. Nata Jaho said this in a video

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Speaker 1: statement late Saturday. He continued, it clarifies to our enemies

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Speaker 1: that there is no place where the long arm of

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Speaker 1: the State of Israel won't reach unquote. Amazon's live streaming

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Speaker 1: site Twitch has reinstated former President Donald Trump's account, three

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Speaker 1: years after he was banned. We get more from Bloomberg's

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Speaker 1: Charlie Pellett.

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Speaker 3: In January of twenty twenty one, Twitch removed Trump's account

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Speaker 3: indefinitely after the riot of the US Capitol, saying it

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Speaker 3: was quote due to the ongoing risk of further incitement

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Speaker 3: of violence. Trump was previously banned in twenty twenty for

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Speaker 3: what Twitch called hateful conduct. A day after Trump accepted

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Speaker 3: the Republican nomination for president, again, his account reappeared. A

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Speaker 3: Twitch spokesperson said it believes there is value in hearing

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Speaker 3: from presidential nominees directly when possible. In New York. Charlie

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Speaker 3: Pellett Bloomberg Radio.

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Speaker 1: A grand experiment is underway in Nevada, where an endangered

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Speaker 1: desert wildflower stands in the way of a mining company's

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Speaker 1: plans to dig for lithium. Bloomberg's Amy Morris.

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Speaker 4: Reports Australia based Lanier says the mine it wants to

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Speaker 4: dig in the Nevada desert would more than quadruple US

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Speaker 4: production of lithium needed to speed production of electric vehicles

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Speaker 4: and clean energy projects. Conservationists who support the move to

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Speaker 4: tackle climate change are fiercely fighting the mine because it

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Speaker 4: would dig deep into the world's only known patch of

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Speaker 4: land where the endangered team's buckwheat grows. So far, the

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Speaker 4: Bureau of Land Management has endorsed the company's latest strategy,

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Speaker 4: which includes propagating and transplanting the buckwheat. Amy more as

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Speaker 4: Bloomberg Radio.

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Speaker 1: Thousands of people in the Houston area were still without

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Speaker 1: power more than a week after Hurricane Beryl tour through

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Speaker 1: the fourth largest city in the US. Two factors are

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Speaker 1: now emerging as important explanations for why the powerful but

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Speaker 1: predictable storm caused so much disruption. A shortage of workers

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Speaker 1: at Center Point Energy, Euston's main utility, and the company's

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Speaker 1: limited management of vegetation growing alongside electricity poles, and power lines.

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Speaker 1: Interviews with nearly a dozen experts, including grid reliability consultants, watchdogs,

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Speaker 1: and academics, along with public filings and reports from repair crews,

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Speaker 1: revealed the challenges facing the utility that is responsible for

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Speaker 1: powering America's fourth largest city. Experts consistently pointed to the

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Speaker 1: small number of workers secured ahead of the storm, which

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Speaker 1: delayed restoration efforts. At the same time, many of those

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Speaker 1: interviewed say the company has not done enough in recent

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Speaker 1: years to cut back the trees that grow alongside its

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Speaker 1: electric system, with Center Point itself now indicating that down

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Speaker 1: trees and branches were at the heart of the serious

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Speaker 1: damage from Beryl. And that's news when you U want

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Speaker 1: it with Bloomberg News. Now, I'm made Koleggi and this

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Speaker 1: is Bloomberg