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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Prisner. President elect Trump has reportedly invited Chinese President

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Speaker 1: Chi Jinping to attend his inauguration next month. CBS News

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Speaker 1: is citing multiple sources, although it is not clear whether

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Speaker 1: she has accepted the invitation. Trump has chosen Carrie Lake

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Speaker 1: as the next director of Voice of America. Lake is

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Speaker 1: a former TV anchor who ran unsuccessful races in Arizona

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Speaker 1: for a US Senate seat and the governorship. Lake is

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Speaker 1: an ardent Trump supporter. We go to South Korea next,

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Speaker 1: where President yunsuk yol is vowing to fight against impeachment efforts.

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Speaker 1: Speaking in a pre recorded televised address to the nation,

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Speaker 1: Yun spelled out his justification for recently invoking martial law.

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Speaker 1: Here is Yun speaking through a translator.

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Speaker 2: Sonn pizangoman I decided to invoke martial law judging the

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Speaker 2: current situation of the country's national affairs being paralyzed as

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Speaker 2: a state of administrative and judicial collapse caused by social disturbance.

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Speaker 2: But the purpose of the martial law was to warn

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Speaker 2: the people of the opposition party's anti state atrocities and

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Speaker 2: to stop them by doing so I wanted to prevent

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Speaker 2: the collapse of the constitutional order of liberal democracy and

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Speaker 2: normalize state functions.

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Speaker 1: That was South Korean President yunsuk Yol. His speech came

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Speaker 1: as the chief of his own party called for his impeachment.

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Speaker 1: Earlier today, FBI Director Christopher Ray announced that he will

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Speaker 1: be stepping down at the end of the Biden administration.

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Speaker 1: Ray was appointed by then President Trump and had three

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Speaker 1: years left in his ten year term. Here is Ray

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Speaker 1: speaking to FBI employees today, saying their mission will not change.

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Speaker 3: Now.

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Speaker 4: I should go without saying, but I'm going to go

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Speaker 4: ahead and say it anyways.

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Speaker 1: This is not easy for me.

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Speaker 4: I love this place, I love our mission, and I

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Speaker 4: love our people. But my focus is and always has

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Speaker 4: been on us and on doing and what's right for

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Speaker 4: the FBI.

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Speaker 1: That is Christopher Ray, the current director of the FBI.

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Speaker 1: His resignation comes two weeks after President elect Trump announced

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Speaker 1: his plans to nominate Cash Patel as the new FBI director.

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Speaker 1: In Earning's News, we heard from Adobe after the bell

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Speaker 1: and the company gave it disappointing annual sales outlook. We

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Speaker 1: got reaction from Giloria. He is head of institutional research

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Speaker 1: at DA Davidson.

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Speaker 5: There's a knee jerk reaction here for fiscal twenty five guidance.

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Speaker 5: This is really just an accident of calendar. Adobe's fiscal

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Speaker 5: year and ends before December, so they're guiding for next

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Speaker 5: fiscal year before other software companies. Most software company, if

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Speaker 5: not all software companies, are going to still have the

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Speaker 5: guide conservatively into next year.

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Speaker 1: That is Giloria, head of institutional research at DA Davidson

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Speaker 1: Shares and Adobe. We're down as much as nine percent

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Speaker 1: in late US trading. We go to the latest on

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Speaker 1: the killing of United Health Group executive Brian Thompson. Police

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Speaker 1: in New York City have been able to match the

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Speaker 1: gun found on the suspect killer, Luigi Mangoni at the

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Speaker 1: time of his arrest, to a weapon used to kill Thompson.

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Speaker 1: Investigators match three shell casings at the murder scene in Manhattan.

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Speaker 1: Here is NYPD Commissioner Jessica Tish.

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Speaker 6: It's now at the nypde crime Lab. We were able

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Speaker 6: to match that gun to the three shell casings that

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Speaker 6: we found in Midtown at the scene of the homicide.

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Speaker 1: That is NYPD Commissioner Jessica Tish now at the moment

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Speaker 1: Mangioni is being held without bail in Pennsylvaniuary is fighting

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Speaker 1: extradition to New York onto US retail inflation. Consumer prices

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Speaker 1: rose in line with expectations in the month of November.

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Speaker 1: The core CPI rose at a rate of three tens

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Speaker 1: to one percent month on month and three point three

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Speaker 1: percent year over year. Even so, Victoria Fernandez, the chief

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Speaker 1: market strategist at Crossmark Global Investment, says, there are some concerns.

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Speaker 1: It's really a.

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Speaker 4: Give and take.

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Speaker 2: Food was up, apparel was which was negative before, used

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Speaker 2: cars as up, food away from home.

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Speaker 6: All of these elements that have been kind of volatile,

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Speaker 6: we're moving.

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Speaker 1: Higher, that is Victoria Fernandez of Crossmark Global Investments. Nonetheless,

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Speaker 1: markets are widely expecting the FED to cut its key

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Speaker 1: interest rate by a quarter point next week. Treasury Secretary

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Speaker 1: Janet Yellen is urging the incoming Trump administration to maintain

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Speaker 1: dialogue channels Yellen re established with Beijing. She says they

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Speaker 1: provide a way for the US to explain its concerns

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Speaker 1: while working on shared interest such as combating pandemics and

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Speaker 1: climate change.

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Speaker 3: Here's Yellen, just having open channels of communication is valuable

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Speaker 3: and I believe it will be seen as continuing to

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Speaker 3: offer value. These are channels by which we can make

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Speaker 3: clear what we're unhappy about, where our concerns are, and

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Speaker 3: why we have them.

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Speaker 1: Treasury Secretary Janet Yellen there speaking exclusively with Bloomber and

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Speaker 1: legendary NFL coach Bill Belichick has been hired as the

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Speaker 1: next coach of the North Carolina tar Heels. The University

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Speaker 1: of North Carolina says the six time Super Bowl champion

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Speaker 1: has agreed to a five year deal, pending administration approval.

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Speaker 1: Belichick will be embarking on his first coaching job in

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Speaker 1: college football. And that is news when you want it.

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Speaker 1: With Bloomberg News. Now, I'm Doug Chrisner, and this is

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Speaker 1: Bloomberg