1 00:00:00,840 --> 00:00:03,720 Speaker 1: News when you want it with Bloomberg News Now. I'm 2 00:00:03,800 --> 00:00:07,400 Speaker 1: Larry Kofski. Robert Carr, the suspect in this week's mass 3 00:00:07,400 --> 00:00:11,520 Speaker 1: shootings in Lewiston, Maine, reportedly has been found dead. Multiple 4 00:00:11,560 --> 00:00:14,440 Speaker 1: reports say he was found in the woods near Lisbon, Maine, 5 00:00:14,440 --> 00:00:17,840 Speaker 1: about eight miles from Lewiston, with an apparent gunshot wound 6 00:00:17,840 --> 00:00:20,400 Speaker 1: to the head. Card was the subject of a day's 7 00:00:20,440 --> 00:00:24,120 Speaker 1: long manhunt. Eighteen people were killed in the shootings, thirteen 8 00:00:24,200 --> 00:00:29,840 Speaker 1: were hurt. Israel says it is expanding military activity in 9 00:00:29,880 --> 00:00:33,479 Speaker 1: the Gaza Strip as Gaza lost internet and telephone service 10 00:00:33,520 --> 00:00:38,040 Speaker 1: and international agencies lost contact with staff there Earlier today, 11 00:00:38,120 --> 00:00:42,240 Speaker 1: Israeli Defense Forces spokesman Daniel Hagari said they have evidence 12 00:00:42,280 --> 00:00:45,320 Speaker 1: that Hamas is using hospitals for military operations. 13 00:00:45,320 --> 00:00:52,479 Speaker 2: Hamasistern hospitals into command and control centers and ideahoutes for 14 00:00:52,680 --> 00:00:58,880 Speaker 2: hamasteries and commanders. Additionally, I can confirm that, according to 15 00:00:58,920 --> 00:01:03,640 Speaker 2: the intelligence we have hens there is fuel in hospitals 16 00:01:04,240 --> 00:01:04,880 Speaker 2: in Guzza. 17 00:01:05,040 --> 00:01:08,679 Speaker 1: The UN General Assembly approved a resolution calling for an immediate, 18 00:01:08,800 --> 00:01:13,040 Speaker 1: durable and sustained humanitarian truce in the conflict. In its statement, 19 00:01:13,080 --> 00:01:16,120 Speaker 1: the Israeli Defense Forces said it had carried out targeted 20 00:01:16,240 --> 00:01:19,039 Speaker 1: raids with the aim of preparing the ground for future 21 00:01:19,080 --> 00:01:22,360 Speaker 1: stages of the operation. That news came as both sides 22 00:01:22,400 --> 00:01:25,200 Speaker 1: suggested there had been little progress on a deal to 23 00:01:25,280 --> 00:01:28,280 Speaker 1: free the more than two hundred hostages in the Gaza Strip. 24 00:01:28,840 --> 00:01:31,640 Speaker 1: War worries sent Wall Street lower, closing out the worst 25 00:01:31,680 --> 00:01:33,959 Speaker 1: week in a month for the S and P five hundred. 26 00:01:34,200 --> 00:01:37,319 Speaker 1: It extended a slide from its July peak to ten percent, 27 00:01:37,400 --> 00:01:41,000 Speaker 1: putting it in correction. Territory Gold hit two thousand dollars 28 00:01:41,080 --> 00:01:44,920 Speaker 1: an ounce as investors sought safe havens. An inflation gage 29 00:01:44,959 --> 00:01:48,000 Speaker 1: that is closely monitored by the Fed showed price increases 30 00:01:48,040 --> 00:01:51,880 Speaker 1: remained elevated last month amid brisk consumer spending and strong 31 00:01:51,960 --> 00:01:55,200 Speaker 1: economic growth. Prices rose four tenths of a percent from 32 00:01:55,240 --> 00:01:58,560 Speaker 1: August to September, the same as a month earlier at 33 00:01:58,560 --> 00:02:02,080 Speaker 1: an annual rate. Inflation was unchanged to three point four percent. 34 00:02:02,400 --> 00:02:05,000 Speaker 1: The report kept the door open for another interest rate 35 00:02:05,080 --> 00:02:08,680 Speaker 1: increased this year to hold inflation in check. The United 36 00:02:08,720 --> 00:02:12,320 Speaker 1: Autoworkers strike against the Detroit Automakers maybe nearing an end. 37 00:02:12,680 --> 00:02:16,080 Speaker 1: Sources say GM and Stlantis have each agreed to twenty 38 00:02:16,120 --> 00:02:19,799 Speaker 1: five percent wage increases, matching the offer agreed to by 39 00:02:19,919 --> 00:02:24,119 Speaker 1: Ford earlier this week. Other details continue to be hashed out. 40 00:02:24,160 --> 00:02:26,560 Speaker 1: An agreement could be announced by the end of the weekend. 41 00:02:27,280 --> 00:02:32,120 Speaker 1: Sam Bankman Freed, co founder of the collapsed FTX cryptocurrency exchange, 42 00:02:32,160 --> 00:02:34,680 Speaker 1: will be back on the witness stand Monday in his 43 00:02:34,720 --> 00:02:37,760 Speaker 1: trial on fraud charges. We hear more about his first 44 00:02:37,800 --> 00:02:40,120 Speaker 1: day of testimony from Bloomberg's Amy Morris. 45 00:02:40,160 --> 00:02:43,120 Speaker 3: Bank Man Freed began testifying at his fraud trial, saying 46 00:02:43,160 --> 00:02:46,800 Speaker 3: he hoped his business would move the cryptocurrency ecosystem forward. 47 00:02:47,040 --> 00:02:49,840 Speaker 3: He acknowledged some of his failures early in his testimony, 48 00:02:49,880 --> 00:02:52,680 Speaker 3: saying that he made mistakes, but when his lawyer asked 49 00:02:52,680 --> 00:02:56,320 Speaker 3: if he defrauded anyone, Bankman Freed answered no, I did not. 50 00:02:56,919 --> 00:02:59,600 Speaker 3: Bankman Freed spent almost three hours trying to convince a 51 00:02:59,680 --> 00:03:02,880 Speaker 3: judge to allow him to testify about the role FDx 52 00:03:02,960 --> 00:03:05,120 Speaker 3: lawyers played in the lead up to the collapse of 53 00:03:05,160 --> 00:03:08,440 Speaker 3: the crypto exchange, and the judge ruled today Bankman Freed's 54 00:03:08,440 --> 00:03:12,120 Speaker 3: testimony about legal oversighted FDx would be limited to data 55 00:03:12,160 --> 00:03:15,080 Speaker 3: retention issues. Amy Moore as Bloomberg Radio. 56 00:03:15,120 --> 00:03:17,280 Speaker 1: And as if you needed more proof that This is 57 00:03:17,400 --> 00:03:20,240 Speaker 1: Taylor Swift's era, and we're just living in it. The 58 00:03:20,280 --> 00:03:24,200 Speaker 1: pop queen has officially joined the ranks of billionaires. Bloomberg's 59 00:03:24,240 --> 00:03:25,639 Speaker 1: Lisa Mateo has more. 60 00:03:25,520 --> 00:03:29,120 Speaker 4: One point one billion, and this is from her music. Okay, 61 00:03:29,240 --> 00:03:31,720 Speaker 4: just the music. So what She's one of that few 62 00:03:31,760 --> 00:03:35,080 Speaker 4: recording artists to build that ten figure fortune almost entirely 63 00:03:35,080 --> 00:03:37,840 Speaker 4: from her music. Her aristore generate as much money as 64 00:03:37,880 --> 00:03:41,560 Speaker 4: economies of small countries to get the movie version ruling 65 00:03:41,560 --> 00:03:44,760 Speaker 4: the box office. Here's the breakdown of numbers. Music catalog 66 00:03:44,880 --> 00:03:49,320 Speaker 4: four hundred million, concerts, three hundred and seventy million, streaming, 67 00:03:49,800 --> 00:03:52,480 Speaker 4: one hundred and twenty million. Also, they put in her 68 00:03:52,480 --> 00:03:54,600 Speaker 4: homes in a real estate about one hundred and ten million, 69 00:03:54,800 --> 00:03:58,280 Speaker 4: and the royalties from music sales eighty million dollars. 70 00:03:58,480 --> 00:04:00,880 Speaker 1: That's Bloomberg's Lisa Mateo. You can read a lot more 71 00:04:00,920 --> 00:04:04,400 Speaker 1: about Bloomberg's number crunching on Taylor Swift's net worth. It's 72 00:04:04,440 --> 00:04:07,240 Speaker 1: the latest big take story at Bloomberg dot com and 73 00:04:07,320 --> 00:04:10,160 Speaker 1: on the Bloomberg terminal. And that's names when you wanted 74 00:04:10,240 --> 00:04:14,560 Speaker 1: with Bloomberg News. Now, I'm Larry Kofski. This is Bloomberg