1 00:00:01,720 --> 00:00:04,200 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,240 --> 00:00:07,640 Speaker 1: Doug Chrisner. We begin in Canada, where Prime Minister Justin 3 00:00:07,680 --> 00:00:11,360 Speaker 1: Trudeau was reportedly likely to announce his resignation as leader 4 00:00:11,400 --> 00:00:14,320 Speaker 1: of the Liberal Party this week. The Globe and Mail 5 00:00:14,400 --> 00:00:17,320 Speaker 1: reports an announcement could come as soon as tomorrow. 6 00:00:17,720 --> 00:00:17,959 Speaker 2: Now. 7 00:00:18,000 --> 00:00:21,119 Speaker 1: Trudeau has been under pressure from elected lawmakers in his 8 00:00:21,239 --> 00:00:25,280 Speaker 1: party to quit for months. Things increased further when Christian Freeland, 9 00:00:25,320 --> 00:00:29,440 Speaker 1: his finance minister, stepped down on December sixteenth, saying she 10 00:00:29,680 --> 00:00:33,000 Speaker 1: and the Prime minister were at odds on policy. Liberal 11 00:00:33,080 --> 00:00:36,160 Speaker 1: lawmakers are scheduled to hold a caucus meeting on Wednesday. 12 00:00:36,479 --> 00:00:39,960 Speaker 1: Trudeau's resignation would trigger a race for the party leadership, 13 00:00:40,200 --> 00:00:43,320 Speaker 1: with the winner becoming prime minister. We go to North 14 00:00:43,360 --> 00:00:47,519 Speaker 1: Asia next, where North Korea has fired a suspected ballistic missile. 15 00:00:47,560 --> 00:00:50,959 Speaker 1: That's according to the Japanese Coast Guard. This launch comes 16 00:00:51,000 --> 00:00:54,920 Speaker 1: as US Secretary of State Anthony Blincoln visited South Korea 17 00:00:54,960 --> 00:00:58,040 Speaker 1: to meet with its acting leader and reaffirm the security 18 00:00:58,040 --> 00:01:02,480 Speaker 1: alliance between Washington and so Tomorrow marks four years since 19 00:01:02,520 --> 00:01:05,119 Speaker 1: the assault on the US Capitol, when a mob aided 20 00:01:05,160 --> 00:01:09,440 Speaker 1: Donald Trump's last gasp effort to overturn his election loss. 21 00:01:09,720 --> 00:01:13,000 Speaker 1: Tonight in Washington, d C. President Biden hosted a reception 22 00:01:13,200 --> 00:01:17,880 Speaker 1: for new Democratic congressional lawmakers. In his remarks, Biden emphasized 23 00:01:17,920 --> 00:01:21,520 Speaker 1: the peaceful transfer of power and not repeating the riot 24 00:01:21,600 --> 00:01:24,680 Speaker 1: on January sixth, twenty twenty one. Here's Biden. 25 00:01:25,160 --> 00:01:28,240 Speaker 3: Now, it's your duty to tell the truth. Remember what happened, 26 00:01:28,240 --> 00:01:31,560 Speaker 3: And I'll let January sixth be rewritten as a or 27 00:01:31,640 --> 00:01:34,679 Speaker 3: even a race to honor the Constitution, not only in 28 00:01:34,680 --> 00:01:38,240 Speaker 3: the most extraordinary days, but it's one of the toughest 29 00:01:38,280 --> 00:01:40,360 Speaker 3: days in American history. January sixth. 30 00:01:40,600 --> 00:01:44,160 Speaker 1: That's President Biden speaking there. Over the weekend, two FED 31 00:01:44,200 --> 00:01:47,040 Speaker 1: officials said the central Bank must finish the fight on 32 00:01:47,120 --> 00:01:51,120 Speaker 1: inflation and reach that two percent inflation target. The head 33 00:01:51,120 --> 00:01:54,320 Speaker 1: of the San Francisco FED, Mary Daily, said inflation remains 34 00:01:54,680 --> 00:01:57,320 Speaker 1: uncomfortably above the Fed's target. Here's Daily. 35 00:01:58,160 --> 00:02:01,040 Speaker 4: So while we you, absolutely we have to continue to 36 00:02:01,040 --> 00:02:03,640 Speaker 4: get inflation down to our two percent target, we have 37 00:02:03,680 --> 00:02:06,000 Speaker 4: to be resolute about that. We have to do it 38 00:02:06,000 --> 00:02:08,640 Speaker 4: in a thoughtful manner so that we can also support 39 00:02:08,680 --> 00:02:11,839 Speaker 4: the full employment that is really on the other side 40 00:02:11,840 --> 00:02:14,200 Speaker 4: of our mandated goals. So That's how I think about it. 41 00:02:14,200 --> 00:02:17,519 Speaker 4: We've been very fortunate and so of all the Americans 42 00:02:17,560 --> 00:02:21,040 Speaker 4: who didn't lose jobs. We simply destroyed vacancies, and now 43 00:02:21,120 --> 00:02:24,519 Speaker 4: firms and workers feel like the labor market is roughly 44 00:02:24,560 --> 00:02:26,960 Speaker 4: in balance and wouldn't want to see further slowing. 45 00:02:27,120 --> 00:02:30,080 Speaker 1: That is the head of the San Francisco Fed, Mary Daily. 46 00:02:30,120 --> 00:02:33,679 Speaker 1: We also heard over the weekend from FED Governor Adriana Kugeler, 47 00:02:33,800 --> 00:02:37,240 Speaker 1: and she said the Fed knows the job is not done. 48 00:02:37,320 --> 00:02:40,000 Speaker 1: By the way, we'll get minutes from the last FED 49 00:02:40,080 --> 00:02:45,000 Speaker 1: meeting on Wednesday of this week. After years of legal challenges, 50 00:02:45,120 --> 00:02:48,480 Speaker 1: congestion pricing in New York City is officially in effect. 51 00:02:48,840 --> 00:02:52,639 Speaker 1: Commuters must now pay to enter Manhattan south of sixtieth Street. 52 00:02:53,000 --> 00:02:55,880 Speaker 1: The fee during peak hours will be nine dollars. However, 53 00:02:55,960 --> 00:02:59,840 Speaker 1: this program does face uncertainty due to potential legal challenges 54 00:03:00,160 --> 00:03:03,679 Speaker 1: as well as a change in administration in Washington. Here 55 00:03:03,840 --> 00:03:05,800 Speaker 1: is Bloomberg's Bob van Voris. 56 00:03:06,120 --> 00:03:09,840 Speaker 2: It will continue to face opposition from commuters and elected officials, 57 00:03:10,480 --> 00:03:13,520 Speaker 2: and President elect Donald Trump has spoken out against the plan, 58 00:03:14,160 --> 00:03:17,080 Speaker 2: and he's vowing to stop it once he is inaugurated 59 00:03:17,200 --> 00:03:18,360 Speaker 2: on January twentieth. 60 00:03:18,400 --> 00:03:21,840 Speaker 1: That is Bloomberg's Bob van Voris. Today marks one year 61 00:03:21,919 --> 00:03:24,800 Speaker 1: since the door plug blowout on a Boeing aircraft that 62 00:03:24,880 --> 00:03:28,440 Speaker 1: brought the company's safety issues into the public spotlight. One 63 00:03:28,520 --> 00:03:32,680 Speaker 1: year later, quality control remains very much a work in progress. 64 00:03:33,000 --> 00:03:34,560 Speaker 1: Here's Bloomberg's Nathan Hager. 65 00:03:35,120 --> 00:03:38,240 Speaker 5: This is not a one year project. That's what outgoing 66 00:03:38,280 --> 00:03:41,680 Speaker 5: Federal Aviation Administrator Mike Whittaker is saying in a statement 67 00:03:41,760 --> 00:03:45,000 Speaker 5: marking a year since the freak accident that grounded Boeing 68 00:03:45,080 --> 00:03:48,040 Speaker 5: seven thirty seven Max nine for months and caused a 69 00:03:48,120 --> 00:03:51,960 Speaker 5: huge cash bleed in senior management shakeout. Boeing says it's 70 00:03:52,000 --> 00:03:54,320 Speaker 5: taken a number of steps over the last year, from 71 00:03:54,320 --> 00:03:57,800 Speaker 5: better teamwork and training to improvements in the fuselages, but 72 00:03:57,840 --> 00:04:00,960 Speaker 5: Whittaker's comments suggested could take time time for the planemaker 73 00:04:01,000 --> 00:04:04,000 Speaker 5: to come out from under the production cap the faampost 74 00:04:04,240 --> 00:04:07,960 Speaker 5: after the January fifth, twenty twenty four blowout. Nathan Hager, 75 00:04:08,040 --> 00:04:08,960 Speaker 5: Bloomberg Radio. 76 00:04:09,200 --> 00:04:11,800 Speaker 1: The first major award show of the season took place 77 00:04:11,840 --> 00:04:15,680 Speaker 1: tonight in Los Angeles the Golden Globes. Among the television awards, 78 00:04:15,800 --> 00:04:19,600 Speaker 1: Showgun won Best TV Drama, Baby Reindeer was named Best 79 00:04:19,640 --> 00:04:24,159 Speaker 1: Limited TV Series and Hacks the Best Television Comedy. In 80 00:04:24,200 --> 00:04:28,520 Speaker 1: the film category, best pictures were Amelia Perez for Best 81 00:04:28,560 --> 00:04:32,039 Speaker 1: Comedy or Musical and The Brutalist winning the award for 82 00:04:32,080 --> 00:04:34,919 Speaker 1: Best Drama. We go to the NFL next, where the 83 00:04:34,960 --> 00:04:38,400 Speaker 1: Detroit Lions clinched the number one seed in the NFC 84 00:04:38,480 --> 00:04:43,120 Speaker 1: playoffs by defeating the Minnesota Vikings thirty one to nine. 85 00:04:43,200 --> 00:04:46,120 Speaker 1: In golf, he Deki Matsuyama got the new season off 86 00:04:46,120 --> 00:04:49,640 Speaker 1: to a smashing start. He broke the PGA Tour record 87 00:04:49,680 --> 00:04:53,000 Speaker 1: two par for seventy two holes by closing with an 88 00:04:53,000 --> 00:04:56,799 Speaker 1: eight under sixty five for three shot victory over Colin 89 00:04:56,920 --> 00:05:00,160 Speaker 1: Murrikawa in the century and that is News. Went you 90 00:05:00,200 --> 00:05:02,760 Speaker 1: want it with Bloomberg News. Now I'm Doug Prisoner and 91 00:05:02,839 --> 00:05:03,599 Speaker 1: this is Bloomberg