1 00:00:00,920 --> 00:00:04,360 Speaker 1: News when you want it with Bloomberg News Now, I 2 00:00:04,480 --> 00:00:06,000 Speaker 1: made kleggy on this vote. 3 00:00:06,000 --> 00:00:09,320 Speaker 2: The A's are three hundred and sixty six, the Nay's 4 00:00:09,480 --> 00:00:13,080 Speaker 2: thirty four to one, member voting present, two thirds being 5 00:00:13,080 --> 00:00:16,720 Speaker 2: in the affirmative, the rules are suspended. The bill is passed, 6 00:00:16,760 --> 00:00:19,400 Speaker 2: and without objection, the motion to reconsider is laid on 7 00:00:19,440 --> 00:00:19,880 Speaker 2: the table. 8 00:00:20,000 --> 00:00:23,040 Speaker 1: The House passed funding to keep the US government operating 9 00:00:23,120 --> 00:00:26,400 Speaker 1: until mid March, just hours before a midnight shutdown deadline, 10 00:00:26,440 --> 00:00:29,160 Speaker 1: capping off a tumultuous two days in which two earlier 11 00:00:29,240 --> 00:00:32,800 Speaker 1: plans pursued by Speaker Mike Johnson collapsed. The House vote 12 00:00:32,800 --> 00:00:35,760 Speaker 1: Friday evening sends the legislation to the Senate, where Senate 13 00:00:35,760 --> 00:00:38,800 Speaker 1: Majority Leader Chuck Schumer says an agreement has been reached 14 00:00:38,800 --> 00:00:42,960 Speaker 1: to pass the stopgap spending measure before midnight. A car 15 00:00:43,000 --> 00:00:45,320 Speaker 1: plowed into a busy out door Christmas market in the 16 00:00:45,360 --> 00:00:48,920 Speaker 1: eastern German city of Magdeburg on Friday, killing at least 17 00:00:48,920 --> 00:00:51,360 Speaker 1: two people and injuring at least sixty others in what 18 00:00:51,440 --> 00:00:54,680 Speaker 1: authority suspect was an attack. The driver of the car 19 00:00:54,760 --> 00:00:57,480 Speaker 1: was arrested shortly after the car barreled into the market 20 00:00:57,520 --> 00:01:00,360 Speaker 1: at about seven pm local time, when it was busy 21 00:01:00,360 --> 00:01:04,080 Speaker 1: with holiday shoppers looking forward to the weekend. The suspect 22 00:01:04,160 --> 00:01:06,720 Speaker 1: as a fifty year old Saudi doctor who first came 23 00:01:06,760 --> 00:01:09,640 Speaker 1: to Germany in twenty oh six. Fifteen of the injured 24 00:01:09,640 --> 00:01:13,360 Speaker 1: were heard very seriously. According to government officials and the 25 00:01:13,400 --> 00:01:16,800 Speaker 1: city government's website, Party City will shut down and lay 26 00:01:16,800 --> 00:01:19,720 Speaker 1: off its employees, just fourteen months after the company exited 27 00:01:19,760 --> 00:01:22,600 Speaker 1: bankruptcy under a plan that had been designed to ensure 28 00:01:22,640 --> 00:01:26,560 Speaker 1: the retailer's long term survival. Chief executive officer Barry Litwyn 29 00:01:26,600 --> 00:01:29,640 Speaker 1: told employees that the costume and party supplier could not 30 00:01:29,680 --> 00:01:33,360 Speaker 1: overcome pressure from low spending consumers and high inflation. Going 31 00:01:33,360 --> 00:01:35,840 Speaker 1: out of business sales began Friday. He said this in 32 00:01:35,880 --> 00:01:38,760 Speaker 1: a video to employees seen by Bloomberg News. Brick and 33 00:01:38,800 --> 00:01:41,520 Speaker 1: mortar retailers have long struggled to remain relevant to the 34 00:01:41,560 --> 00:01:44,040 Speaker 1: age of online shopping, and earlier in the week, Bloomberg 35 00:01:44,080 --> 00:01:47,000 Speaker 1: News reported the New Jersey based seller of balloons and 36 00:01:47,040 --> 00:01:51,400 Speaker 1: party supplies was preparing to file for bankruptcy protection. Investors 37 00:01:51,440 --> 00:01:53,960 Speaker 1: have some positive economic data to rount out the week. 38 00:01:54,280 --> 00:01:57,880 Speaker 1: The Fed's preferred inflation gage, the core PCE index, came 39 00:01:57,920 --> 00:02:01,320 Speaker 1: in at two point eight percent, the lowest level since May. 40 00:02:01,640 --> 00:02:03,880 Speaker 1: And the University of Michigan is out with a final 41 00:02:03,920 --> 00:02:07,560 Speaker 1: look at consumer sentiment. Bloomberg Sinali Bosik has. 42 00:02:07,480 --> 00:02:11,679 Speaker 3: That final December consumer sentiment data rising to seventy four. 43 00:02:11,720 --> 00:02:14,360 Speaker 3: The estimate was seventy four point two, so just about 44 00:02:14,400 --> 00:02:16,960 Speaker 3: in line. Maybe a little soft, but still after that 45 00:02:17,040 --> 00:02:19,240 Speaker 3: PCEE data, things look pretty smooth. 46 00:02:19,320 --> 00:02:22,840 Speaker 1: Bloomberg S and Ali Basik. Alphabet's Google called a US 47 00:02:22,960 --> 00:02:25,280 Speaker 1: Justice Department plan to force it to sell its web 48 00:02:25,320 --> 00:02:28,880 Speaker 1: browser extreme and it odds with the law, urging a 49 00:02:28,919 --> 00:02:32,920 Speaker 1: federal court judge to take caution lest he's stifle innovation 50 00:02:33,280 --> 00:02:36,320 Speaker 1: and future investment. In a court filing Lead Friday, Google 51 00:02:36,360 --> 00:02:39,760 Speaker 1: responded to the DOJ's request and reposed its own remedy. 52 00:02:39,960 --> 00:02:42,480 Speaker 1: The company said that proposed Chrome sale doesn't fit the 53 00:02:42,480 --> 00:02:46,400 Speaker 1: company's conduct that the judge found illegal, which involved exclusive 54 00:02:46,440 --> 00:02:52,000 Speaker 1: contracts with browsers, smartphone manufacturers, and telcom carriers. A key 55 00:02:52,080 --> 00:02:55,360 Speaker 1: former ally of Canadian Prime Minister Justin Trudeau says he 56 00:02:55,400 --> 00:02:57,680 Speaker 1: would vote to topple the government to move that would 57 00:02:57,760 --> 00:03:01,240 Speaker 1: likely plunge the country into an election next year unless 58 00:03:01,240 --> 00:03:04,320 Speaker 1: the Prime Minister seeks a temporary suspension of parliament. We 59 00:03:04,400 --> 00:03:07,040 Speaker 1: get more on this from Bloomberg's Erica Herskowitz. 60 00:03:07,280 --> 00:03:10,000 Speaker 4: Jack Meet Singh, the leader of the New Democratic Party, 61 00:03:10,120 --> 00:03:12,799 Speaker 4: said in a public letter that he will put forward 62 00:03:12,800 --> 00:03:15,800 Speaker 4: a motion of a no confidence vote against the Canadian 63 00:03:15,840 --> 00:03:18,720 Speaker 4: government at the next parliamentary sitting when it begins on 64 00:03:18,800 --> 00:03:21,960 Speaker 4: January twenty seventh. The motion is likely to pass with 65 00:03:22,040 --> 00:03:25,239 Speaker 4: the support of other opposition parties. As the Liberal Party 66 00:03:25,280 --> 00:03:28,400 Speaker 4: does not have a majority in the House, Trudeau's government 67 00:03:28,440 --> 00:03:31,600 Speaker 4: would have to resign, triggering an election campaign in Canada 68 00:03:31,760 --> 00:03:35,720 Speaker 4: soon after Donald Trump returns to power in Washington. Until now, 69 00:03:35,840 --> 00:03:38,840 Speaker 4: Trudeau's Liberal Party has been relying on the New Democratic 70 00:03:38,880 --> 00:03:42,000 Speaker 4: Party votes to pass legislation and keep the government going. 71 00:03:42,400 --> 00:03:45,160 Speaker 1: Erica Herskowitz Bloomberg Radio. The loss of TikTok could be 72 00:03:45,200 --> 00:03:47,880 Speaker 1: YouTube and Instagram's gain in the US, but the Chinese 73 00:03:47,920 --> 00:03:51,280 Speaker 1: app as a massive head starter in perfecting an algorithmic approach. 74 00:03:51,640 --> 00:03:54,520 Speaker 1: Replicating TikTok's success will be harder than it looks. You 75 00:03:54,520 --> 00:03:57,560 Speaker 1: can read all about it in Bloomberg's weekend edition, exploring 76 00:03:57,560 --> 00:03:59,960 Speaker 1: the places where finance, life and culture meet. Find out 77 00:04:00,120 --> 00:04:02,760 Speaker 1: now on Bloomberg Dot Com and the Bloomberg Business app. 78 00:04:03,040 --> 00:04:05,080 Speaker 1: The Friday number is on Wall Street. The DAL gained 79 00:04:05,120 --> 00:04:07,680 Speaker 1: four ninety eight, NASDAC added one ninety nine. The S 80 00:04:07,720 --> 00:04:10,240 Speaker 1: and P was up sixty three. That's news when you 81 00:04:10,280 --> 00:04:13,240 Speaker 1: want it with Bloomberg News. Now. I made Kleggi and 82 00:04:13,440 --> 00:04:14,360 Speaker 1: this is Bloomberg