1 00:00:00,840 --> 00:00:03,559 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,640 --> 00:00:07,120 Speaker 1: Dan Schwartzman. Tropical Storm Milton continues to strengthen in the 3 00:00:07,120 --> 00:00:09,719 Speaker 1: Gulf of Mexico, with the expectation it will become a 4 00:00:09,800 --> 00:00:13,280 Speaker 1: hurricane sometime tomorrow before making landfall on the Florida Peninsula 5 00:00:13,320 --> 00:00:16,440 Speaker 1: on Wednesday. The storm could a Florida as a Category 6 00:00:16,480 --> 00:00:19,800 Speaker 1: three or even stronger hurricane. With another storm system already 7 00:00:19,880 --> 00:00:22,040 Speaker 1: drenching parts of the state in two to five inches 8 00:00:22,040 --> 00:00:25,279 Speaker 1: of rain. By the time Milton moves offshore areas could 9 00:00:25,280 --> 00:00:28,160 Speaker 1: be dealing with ten or more inches. Tesla and SpaceX 10 00:00:28,200 --> 00:00:31,360 Speaker 1: founder Elon Musk joined Donald Trump at a rally in Butler, Pennsylvania, 11 00:00:31,480 --> 00:00:34,400 Speaker 1: yesterday and called on people to register to vote, saying 12 00:00:34,600 --> 00:00:37,519 Speaker 1: that Democrats were a threat to democracy. Must claim that 13 00:00:37,560 --> 00:00:40,400 Speaker 1: Democrats wanted to take away people's rights to free speech, 14 00:00:40,600 --> 00:00:43,800 Speaker 1: to bear arms, and to vote effectively. Musk endorse Trump 15 00:00:43,800 --> 00:00:46,240 Speaker 1: over the summer while starting a superpack that has spent 16 00:00:46,320 --> 00:00:49,440 Speaker 1: tens of millions of dollars on this upcoming election. Oil 17 00:00:49,520 --> 00:00:52,400 Speaker 1: industry heavyweights have emerged as an increasingly important source of 18 00:00:52,440 --> 00:00:55,600 Speaker 1: funding for the Trump campaign as election day neers. The 19 00:00:55,640 --> 00:00:58,280 Speaker 1: industry is now the fourth largest source of cash for Trump, 20 00:00:58,480 --> 00:01:01,320 Speaker 1: up from tenth place from the two thousand twenty election cycle. 21 00:01:01,640 --> 00:01:04,200 Speaker 1: The Republican nominee is said he will repeal Biden air 22 00:01:04,280 --> 00:01:06,800 Speaker 1: pollution curbs on cars and power plants, and has said 23 00:01:06,840 --> 00:01:08,720 Speaker 1: he will make it easier to drill for new sources 24 00:01:08,720 --> 00:01:12,679 Speaker 1: of fossil fuels. Democratic nominee Vice Presidents Kamala Harris is 25 00:01:12,760 --> 00:01:16,120 Speaker 1: expected to continue buying policies of shifting away from fossil 26 00:01:16,120 --> 00:01:20,119 Speaker 1: fuels and towards renewable energy sources. The presidential election should 27 00:01:20,120 --> 00:01:22,280 Speaker 1: provide quite the wild card in a new and active 28 00:01:22,319 --> 00:01:25,640 Speaker 1: Supreme Court term. We get more details from Bloomberg's at Koalagi. 29 00:01:25,959 --> 00:01:28,560 Speaker 2: The Supreme Court opens its new term under the shadow 30 00:01:28,600 --> 00:01:32,080 Speaker 2: of a presidential election that threatens to create fresh strains 31 00:01:32,080 --> 00:01:35,600 Speaker 2: at a court already deeply enmeshed in the nation's political divisions. 32 00:01:35,680 --> 00:01:38,640 Speaker 2: Three months after releasing a barrage of far reaching rulings, 33 00:01:38,680 --> 00:01:41,120 Speaker 2: the justices returned to the bench Monday with a docket 34 00:01:41,120 --> 00:01:44,880 Speaker 2: that looks relatively tamored onwithstanding clashes over so called ghost 35 00:01:44,959 --> 00:01:48,360 Speaker 2: guns and medical care for transgender youths. The wild card 36 00:01:48,440 --> 00:01:50,440 Speaker 2: is the election and the too close to call race 37 00:01:50,480 --> 00:01:54,000 Speaker 2: between Donald Trump and Kamala Harris. With litigation already raging 38 00:01:54,040 --> 00:01:57,320 Speaker 2: around the country and Trump making unsupported claims that Democrats 39 00:01:57,320 --> 00:01:59,880 Speaker 2: are preparing to cheat, the justices face the prospect of 40 00:02:00,080 --> 00:02:03,440 Speaker 2: being drawn into a polarizing showdown they might prefer to avoid. 41 00:02:03,760 --> 00:02:05,760 Speaker 2: Ed Kleggi Bloomberg Radio. 42 00:02:05,720 --> 00:02:09,040 Speaker 1: Thanks ed Israeli newspaper how It's reports that the country's 43 00:02:09,080 --> 00:02:12,679 Speaker 1: military was preparing for a quote significant attack on Tehran 44 00:02:13,000 --> 00:02:15,680 Speaker 1: after Iran fired around two hundred missiles at Israel last 45 00:02:15,680 --> 00:02:18,760 Speaker 1: week in support of Hezbelah. Iran says it will respond 46 00:02:18,760 --> 00:02:22,440 Speaker 1: harshly to any Israeli attack. Meanwhile, Israel increased its strikes 47 00:02:22,480 --> 00:02:26,360 Speaker 1: in Lebanon overnight against Hesbelah, targeting the terror group's infrastructure 48 00:02:26,400 --> 00:02:28,880 Speaker 1: around Beirut as well as other parts of the country. 49 00:02:29,200 --> 00:02:32,720 Speaker 1: In northern Gaza, Israel says it encircled Jabalia after seeing 50 00:02:32,760 --> 00:02:35,760 Speaker 1: signs that HAMASO is regrouping in the area. Monday marks 51 00:02:35,760 --> 00:02:38,200 Speaker 1: the one year anniversary of the October seventh Hamas attack 52 00:02:38,240 --> 00:02:41,560 Speaker 1: into southern Israel. Boeing will sit down with the International 53 00:02:41,560 --> 00:02:44,880 Speaker 1: Association of Machinists and an Aerospace Workers tomorrow at ninety 54 00:02:44,840 --> 00:02:48,600 Speaker 1: am Pacific time with a federal mediator to continue negotiations 55 00:02:48,600 --> 00:02:50,919 Speaker 1: send a three week old strike by thirty three thousand 56 00:02:51,000 --> 00:02:54,600 Speaker 1: workers at manufacturing plants in Oregon and Washington. The two 57 00:02:54,639 --> 00:02:57,720 Speaker 1: sides continue to battle over pay in pensions. The company's 58 00:02:57,720 --> 00:03:00,639 Speaker 1: first strike in sixteen years is estimated to be costing 59 00:03:00,639 --> 00:03:04,200 Speaker 1: Boeing one hundred million dollars a day. With September's blowout 60 00:03:04,280 --> 00:03:07,480 Speaker 1: jobs report behind US, investor focus now turns the latest 61 00:03:07,520 --> 00:03:10,680 Speaker 1: readings on inflation Bloombrioks. Karen Moscow takes a look at 62 00:03:10,680 --> 00:03:11,799 Speaker 1: the economic calendar. 63 00:03:12,040 --> 00:03:14,680 Speaker 3: The week begins with a look at consumer credit on Monday. 64 00:03:14,760 --> 00:03:17,360 Speaker 3: Tuesday is the train balance, and Wednesday we get minutes 65 00:03:17,400 --> 00:03:20,079 Speaker 3: from the Fed September meeting, which could get more clarity 66 00:03:20,120 --> 00:03:23,080 Speaker 3: into the decision to cut interest rates by fifty basis points. 67 00:03:23,280 --> 00:03:26,560 Speaker 3: Thursday is the consumer price index for September, followed by 68 00:03:26,560 --> 00:03:29,200 Speaker 3: the producer price index. On Friday, that's the same day 69 00:03:29,280 --> 00:03:32,000 Speaker 3: JP Morgan and Wells Fargo kickoff earning season for the 70 00:03:32,040 --> 00:03:34,200 Speaker 3: big Wall Street banks, and we also get a look 71 00:03:34,240 --> 00:03:37,680 Speaker 3: at consumer sentiment from the University of Michigan. Karen Moscow 72 00:03:37,720 --> 00:03:39,000 Speaker 3: Bloomberg Radio. 73 00:03:38,840 --> 00:03:42,160 Speaker 1: Thanks Karen Joker fully adu a sequel to the twenty 74 00:03:42,360 --> 00:03:45,240 Speaker 1: nineteen hit movie took in forty million dollars in ticket 75 00:03:45,240 --> 00:03:47,800 Speaker 1: sales in the US and Canada in its opening weekend, 76 00:03:48,080 --> 00:03:50,920 Speaker 1: well below the prior installment. The First Joker took in 77 00:03:51,040 --> 00:03:53,960 Speaker 1: ninety six point two million dollars domestically in its opening 78 00:03:53,960 --> 00:03:56,160 Speaker 1: weekend and went on to gross more than a billion 79 00:03:56,200 --> 00:03:58,880 Speaker 1: dollars globally, the highest ever for an R rated film 80 00:03:58,920 --> 00:04:02,600 Speaker 1: at the time. As League Baseball Playoffs Divisional Round continues 81 00:04:02,640 --> 00:04:05,360 Speaker 1: today with two games as the Philadelphia Phillies host the 82 00:04:05,400 --> 00:04:07,480 Speaker 1: New York Mets. The Mets lead that series one game 83 00:04:07,520 --> 00:04:09,560 Speaker 1: to none, while the San Diego Padres are at the 84 00:04:09,600 --> 00:04:13,040 Speaker 1: Los Angeles Dodgers. Dodgers lead that series one game to none. 85 00:04:13,240 --> 00:04:15,640 Speaker 1: That's news when you want it. With Bloomberg News Now, 86 00:04:15,920 --> 00:04:18,280 Speaker 1: I'm Dan Schwartzman, and this is Bloomberg