1
00:00:01,400 --> 00:00:03,960
Speaker 1: News when you want it with Bloomberg News Now, I'm Doug.

2
00:00:04,000 --> 00:00:08,600
Speaker 1: Prisoner protesters in Israel are pressuring Prime Minister Benjamin Netniahu's

3
00:00:08,600 --> 00:00:11,320
Speaker 1: government to agree to a cease fire deal with Hamas

4
00:00:11,720 --> 00:00:15,320
Speaker 1: and secure the release of hostages in Gaza. This comes

5
00:00:15,360 --> 00:00:18,880
Speaker 1: after the Israeli military recover the bodies of six hostages

6
00:00:18,920 --> 00:00:22,320
Speaker 1: held by Hamas despite the calls for a ceasefire. Netna

7
00:00:22,400 --> 00:00:25,560
Speaker 1: who is pushed back, saying that Israel's motives for peace

8
00:00:25,720 --> 00:00:26,920
Speaker 1: should not be questioned.

9
00:00:27,000 --> 00:00:31,440
Speaker 2: I don't believe that either President Biden or anyone serious

10
00:00:31,960 --> 00:00:35,920
Speaker 2: about achieving peace and achieving the release would seriously ask

11
00:00:36,080 --> 00:00:39,320
Speaker 2: Israel Israel to make these concessions.

12
00:00:39,440 --> 00:00:42,199
Speaker 1: And now President Biden says net Naho needs to do

13
00:00:42,320 --> 00:00:45,440
Speaker 1: more when it comes to securing a secure hostage deal.

14
00:00:45,840 --> 00:00:49,400
Speaker 1: Speaking to reporters at the White House, Biden said negotiations

15
00:00:49,440 --> 00:00:53,120
Speaker 1: are still ongoing. President Biden also added he remains hopeful

16
00:00:53,159 --> 00:00:56,520
Speaker 1: that a hostage deal will get done. Vice President Kamala

17
00:00:56,560 --> 00:01:00,440
Speaker 1: Harris said tonight US Steal should remain domestically owned and

18
00:01:00,480 --> 00:01:04,640
Speaker 1: operated and not be sold to Japan's kniepon Steel. It's

19
00:01:04,640 --> 00:01:07,839
Speaker 1: her first statement on this proposed deal and it aligns

20
00:01:07,880 --> 00:01:11,480
Speaker 1: with the position of current President Biden. Now former President

21
00:01:11,480 --> 00:01:14,560
Speaker 1: Trump has also called for the transaction to be blocked.

22
00:01:14,760 --> 00:01:18,120
Speaker 1: Bloomberg's Josh Reingrove says it's a hot topic in the

23
00:01:18,240 --> 00:01:20,200
Speaker 1: key swing state of Pennsylvania.

24
00:01:21,080 --> 00:01:23,959
Speaker 3: This has been, of course concentrated in Pennsylvania, home of

25
00:01:23,959 --> 00:01:27,679
Speaker 3: the steelworkers, home of US Steel, one of the most

26
00:01:27,720 --> 00:01:30,480
Speaker 3: important electoral battlegrounds. So that's why there's been sort of

27
00:01:30,520 --> 00:01:33,280
Speaker 3: all this political tension around a deal that a lot

28
00:01:33,280 --> 00:01:37,959
Speaker 3: of analysts say, barring that would be almost no brainer, right,

29
00:01:38,080 --> 00:01:41,600
Speaker 3: you know, typically you would not have cify's reviews dragging

30
00:01:41,600 --> 00:01:45,400
Speaker 3: on for you know, steel sector deals with an allied

31
00:01:45,440 --> 00:01:49,360
Speaker 3: country like Japan. The proponents of the steel argue would

32
00:01:49,360 --> 00:01:53,240
Speaker 3: actually help counter China's clout, And now it's going through

33
00:01:53,280 --> 00:01:56,120
Speaker 3: review that is typically aimed at China, that.

34
00:01:56,120 --> 00:01:58,920
Speaker 1: Is Bloomberg's Josh Wingrove. Now, it is not clear whether

35
00:01:58,960 --> 00:02:01,440
Speaker 1: a decision on this take over well land on the

36
00:02:01,480 --> 00:02:05,120
Speaker 1: President's desk or that of his successor, or whether it

37
00:02:05,200 --> 00:02:08,240
Speaker 1: will even proceed at all. Cathay Pacific says it was

38
00:02:08,240 --> 00:02:12,480
Speaker 1: forced to cancel flights because of a precautionary inspection of

39
00:02:12,560 --> 00:02:16,680
Speaker 1: its entire Airbus A three fifty fleet here is Bloomberg

40
00:02:16,720 --> 00:02:18,880
Speaker 1: Asia Transport reporter Danny Lee.

41
00:02:19,400 --> 00:02:23,640
Speaker 4: An inspection revealed some problematic issues with certain components, and

42
00:02:23,639 --> 00:02:26,640
Speaker 4: what Cafe has had to do subsequently is check the

43
00:02:26,680 --> 00:02:32,120
Speaker 4: components across all of the APH fifty engines that it's operating,

44
00:02:32,280 --> 00:02:36,240
Speaker 4: which is made by Rolls Ross Engines. And it's an

45
00:02:36,240 --> 00:02:39,600
Speaker 4: issue that has been not previously found before. And so

46
00:02:40,000 --> 00:02:43,320
Speaker 4: the concern now is if Cathay's having these issues, does

47
00:02:43,360 --> 00:02:46,920
Speaker 4: it extend to other Airbus A three fifty operators.

48
00:02:46,560 --> 00:02:49,160
Speaker 1: That is Bloomberg's Danny Lee. Now, Rolls Royce said it

49
00:02:49,280 --> 00:02:52,360
Speaker 1: is working with all relevant parties to remedy the situation.

50
00:02:52,840 --> 00:02:55,320
Speaker 1: Rolls Royce shares were down more than eight percent in

51
00:02:55,440 --> 00:02:58,519
Speaker 1: London trading back here in the States, the labor market

52
00:02:58,560 --> 00:03:01,359
Speaker 1: will be in focus in the week ahead as we

53
00:03:01,440 --> 00:03:05,040
Speaker 1: sort through a number of pieces of economic data. We

54
00:03:05,080 --> 00:03:07,280
Speaker 1: have a preview from Bloomberg's Vini del Junis.

55
00:03:07,720 --> 00:03:12,359
Speaker 5: Economists are forecasting another slugish US paywall report on Friday,

56
00:03:12,600 --> 00:03:15,600
Speaker 5: though the unemployment rate may have retreated in August from

57
00:03:15,680 --> 00:03:20,640
Speaker 5: July three year high. Bloomberg Economics's weakness and construction employment

58
00:03:20,680 --> 00:03:23,840
Speaker 5: with America's housing market and a seesaw ride. The end

59
00:03:23,880 --> 00:03:27,639
Speaker 5: of pandemic aid could also hurt local government employment. Also

60
00:03:27,720 --> 00:03:30,520
Speaker 5: this week, in the US, data on job openings and

61
00:03:30,760 --> 00:03:34,360
Speaker 5: ADP payroll numbers. Vinydal Judaie Bloomberg Radio.

62
00:03:34,960 --> 00:03:36,880
Speaker 1: New rules are in place to make it harder for

63
00:03:36,960 --> 00:03:40,800
Speaker 1: criminals to launder money by paying cash for homes. More

64
00:03:40,840 --> 00:03:42,200
Speaker 1: from Bloomberg's Amy Morris.

65
00:03:42,240 --> 00:03:45,200
Speaker 6: The Treasury Department has issued new regulations aimed at making

66
00:03:45,240 --> 00:03:48,240
Speaker 6: it harder for criminals to launder money by paying cash

67
00:03:48,320 --> 00:03:52,320
Speaker 6: for residential real estate. These new rules require investment advisors

68
00:03:52,320 --> 00:03:55,200
Speaker 6: and real estate professionals to report any cash sales of

69
00:03:55,320 --> 00:03:59,280
Speaker 6: residential real estate to legal entities, trusts, and shell companies.

70
00:04:00,000 --> 00:04:02,560
Speaker 6: Disclosure rule comes as part of an ongoing effort to

71
00:04:02,600 --> 00:04:05,520
Speaker 6: combat money laundering and the movement of dirty money through

72
00:04:05,520 --> 00:04:09,400
Speaker 6: the American financial system, as all cash purchases of residential

73
00:04:09,400 --> 00:04:12,680
Speaker 6: real estate are considered a high risk for money laundering.

74
00:04:13,040 --> 00:04:14,480
Speaker 6: Amy Morris, Bloomberg Radio.

75
00:04:14,880 --> 00:04:18,159
Speaker 1: Think investing in crypto is crazy? A new study could

76
00:04:18,200 --> 00:04:21,520
Speaker 1: shoot the debate to the moon. More from Bloomberg's Nathan Hager.

77
00:04:21,640 --> 00:04:24,599
Speaker 7: The study is in the online journal Plos one, and

78
00:04:24,640 --> 00:04:28,280
Speaker 7: it's led by researchers at the Universities of Toronto and Miami.

79
00:04:28,520 --> 00:04:31,400
Speaker 7: It finds owners of digital assets tend to have higher

80
00:04:31,480 --> 00:04:37,120
Speaker 7: levels of dark personality traits like narcissism, psychopathic tendencies, and sadism.

81
00:04:37,440 --> 00:04:40,599
Speaker 7: Some crypto holdlers who've heard about this study are taking

82
00:04:40,640 --> 00:04:43,200
Speaker 7: it in stride. One trader says, you have to be

83
00:04:43,279 --> 00:04:45,600
Speaker 7: crazy to own something that can send your net worth

84
00:04:45,680 --> 00:04:48,880
Speaker 7: up or down a million dollars in one day. Nathan

85
00:04:48,920 --> 00:04:50,520
Speaker 7: Hager Bloomberg Radio, the.

86
00:04:50,560 --> 00:04:53,480
Speaker 1: Labor Day holiday weekend is coming to a close, capping

87
00:04:53,520 --> 00:04:56,520
Speaker 1: off what has been a record summer for air travel.

88
00:04:56,880 --> 00:04:58,400
Speaker 1: More from Bloomberg's Earth Chapman.

89
00:04:58,720 --> 00:05:02,000
Speaker 8: Air travel within the Uni States is continuing to increase,

90
00:05:02,200 --> 00:05:04,480
Speaker 8: though not as fast as in the last two post

91
00:05:04,520 --> 00:05:08,920
Speaker 8: pandemic years. Helene Becker, airline analyst for the firm T. D. Cowen,

92
00:05:09,000 --> 00:05:10,520
Speaker 8: said in a Bloomberg interview.

93
00:05:10,640 --> 00:05:12,839
Speaker 9: I think we'll see about an eight or nine percent

94
00:05:12,920 --> 00:05:15,400
Speaker 9: increase over we a year ago, and a lot of

95
00:05:15,400 --> 00:05:18,359
Speaker 9: that is in the domestic market, where we're seeing lower

96
00:05:18,400 --> 00:05:21,080
Speaker 9: fares because we still have too much capacity, so of

97
00:05:21,440 --> 00:05:24,200
Speaker 9: good demand and good prices.

98
00:05:24,480 --> 00:05:26,839
Speaker 8: It travel to Europe and Japan, Becker at it is

99
00:05:26,839 --> 00:05:30,440
Speaker 8: continuing to soar, so planes are full and fares are high.

100
00:05:30,760 --> 00:05:33,279
Speaker 8: In Washington, IRV Chapman Bloomberg Radio.

101
00:05:33,080 --> 00:05:35,599
Speaker 1: And that is news when you want it with Bloomberg News. Now,

102
00:05:35,720 --> 00:05:37,760
Speaker 1: I'm Doug Prisoner and this is Bloomberg New