1
00:00:00,720 --> 00:00:04,680
Speaker 1: News when you wanted with Bloomberg News. Now I'm mid Kleggy.

2
00:00:04,960 --> 00:00:07,960
Speaker 1: The FBI says fifteen people are confirmed dead more than

3
00:00:08,000 --> 00:00:10,959
Speaker 1: thirty injured as a pickup truck barreled through the French

4
00:00:11,000 --> 00:00:14,280
Speaker 1: Quarter of New Orleans early New Year's morning. The truck

5
00:00:14,360 --> 00:00:17,320
Speaker 1: was driven by forty two year old chamsud Din Jabbar,

6
00:00:17,360 --> 00:00:19,919
Speaker 1: who was killed by police at the scene. The FBI

7
00:00:19,960 --> 00:00:23,720
Speaker 1: does not believe the suspect acted alone. President Joe Biden

8
00:00:23,840 --> 00:00:26,639
Speaker 1: spoke from Camp David on the situation. The FBI is

9
00:00:26,680 --> 00:00:31,680
Speaker 1: an investigation to determine what happened, why it happened, whether

10
00:00:31,680 --> 00:00:35,519
Speaker 1: there's any continuing threat to public safety. In addition, the

11
00:00:35,560 --> 00:00:37,919
Speaker 1: Sugar Bowl, which this year is being used as a

12
00:00:37,960 --> 00:00:41,479
Speaker 1: college football quarter final playoff game and was scheduled to

13
00:00:41,520 --> 00:00:45,560
Speaker 1: be played Wednesday evening, has been postponed until Thursday night.

14
00:00:46,080 --> 00:00:49,280
Speaker 1: Elon Musk said that the explosion of a testless cyber

15
00:00:49,320 --> 00:00:52,280
Speaker 1: truck outside the Trump Las Vegas Hotel Wednesday was likely

16
00:00:52,320 --> 00:00:55,760
Speaker 1: an active terror, as law enforcement officials probe whether there's

17
00:00:55,840 --> 00:00:58,800
Speaker 1: any connection to a truck rampage in New Orleans that

18
00:00:58,880 --> 00:01:02,000
Speaker 1: killed at least fifteen PM people. The Las Vegas Metropolitan

19
00:01:02,040 --> 00:01:05,160
Speaker 1: Police Department said a twenty twenty four cyber truck pulled

20
00:01:05,200 --> 00:01:07,360
Speaker 1: up to the glass entrance doors of the Trump Hotel

21
00:01:07,600 --> 00:01:10,720
Speaker 1: and smoke that appeared from the vehicle before a large explosion.

22
00:01:11,240 --> 00:01:13,760
Speaker 1: The driver is dead and seven people have minor injuries.

23
00:01:13,760 --> 00:01:16,440
Speaker 1: According to the authorities and a series of posts on

24
00:01:16,800 --> 00:01:19,760
Speaker 1: x Musk said a Tesla team had confirmed the explosion

25
00:01:20,080 --> 00:01:23,600
Speaker 1: was caused by very large fireworks indoor, a bomb carried

26
00:01:23,880 --> 00:01:27,400
Speaker 1: in the rented cyber truck. Chinese government hackers breached a

27
00:01:27,480 --> 00:01:31,280
Speaker 1: highly sensitive office in the Treasury Department that administers economic

28
00:01:31,360 --> 00:01:34,360
Speaker 1: sanctions against countries and groups of individuals, one of the

29
00:01:34,360 --> 00:01:37,440
Speaker 1: most potent tools possessed by the United States to achieve

30
00:01:37,560 --> 00:01:41,240
Speaker 1: national security aims. According to US officials, the targeting of

31
00:01:41,280 --> 00:01:43,800
Speaker 1: the Office of Foreign Assets Control as well as the

32
00:01:43,840 --> 00:01:48,320
Speaker 1: Office of the Treasury Secretary, developments not previously reported, reflects

33
00:01:48,360 --> 00:01:52,480
Speaker 1: Beijing's determination to acquire intelligence on its most significant rival

34
00:01:52,640 --> 00:01:56,040
Speaker 1: in the global competition for power and influence. The official

35
00:01:56,160 --> 00:01:58,760
Speaker 1: said this who, like others interviewed for this report, spoke

36
00:01:58,800 --> 00:02:01,720
Speaker 1: on the condition of atonymity because of the matter of sensitivity.

37
00:02:02,360 --> 00:02:05,600
Speaker 1: Israel's former Defense Minister Yoaf Golant, who was dismissed in

38
00:02:05,640 --> 00:02:09,079
Speaker 1: November after spearheading the military campaign in Gaza for more

39
00:02:09,120 --> 00:02:12,040
Speaker 1: than a year, announced Wednesday he would resign from parliament.

40
00:02:12,280 --> 00:02:15,400
Speaker 1: Prime Minister Benjamin Netaniah, who had sacked Golan, saying there

41
00:02:15,440 --> 00:02:18,359
Speaker 1: was a breakdown in trust amid disagreements between the two

42
00:02:18,400 --> 00:02:22,040
Speaker 1: on several issues. Golan said in a televised statement Wednesday

43
00:02:22,080 --> 00:02:24,320
Speaker 1: that he would submit his resignation to the Speaker of

44
00:02:24,320 --> 00:02:27,520
Speaker 1: the Knesset. Minutes later, his office released a photograph showing

45
00:02:27,560 --> 00:02:31,040
Speaker 1: him submitting his resignation to the Speaker of Parliament. There

46
00:02:31,040 --> 00:02:33,720
Speaker 1: were a lot of post Christmas returns this year. A

47
00:02:33,800 --> 00:02:37,440
Speaker 1: wapping thirteen point two percent of total retail sales went

48
00:02:37,480 --> 00:02:40,840
Speaker 1: back to the store. Bloomberg's Amy Morris reports, you know.

49
00:02:40,760 --> 00:02:43,960
Speaker 2: How sometimes people buy a new outfit, talk in the tags,

50
00:02:44,280 --> 00:02:46,560
Speaker 2: wear that outfit, and then return it to get their

51
00:02:46,600 --> 00:02:50,800
Speaker 2: money back. Yeah, nobody's fooling the store. It's called wardrobing,

52
00:02:51,080 --> 00:02:53,840
Speaker 2: and it accounted for sixty percent of returns this season.

53
00:02:54,240 --> 00:02:57,680
Speaker 2: Women's Wear Daily reports fifty five percent of retail respondents

54
00:02:57,840 --> 00:03:01,000
Speaker 2: cited cases of fraud, like stolen credit cards or gift cards,

55
00:03:01,080 --> 00:03:04,680
Speaker 2: or someone trying to return stolen merchandise. But the big number,

56
00:03:04,760 --> 00:03:08,120
Speaker 2: six hundred and eighty five billion dollars is the dollar

57
00:03:08,120 --> 00:03:11,520
Speaker 2: amount of returned items this holiday season. It's more than

58
00:03:11,560 --> 00:03:14,520
Speaker 2: thirteen percent of all purchases. Still, though it's down from

59
00:03:14,600 --> 00:03:17,079
Speaker 2: last year, which came in at fourteen and a half percent.

60
00:03:17,400 --> 00:03:21,440
Speaker 2: Analysts say returns are significant cost for retailers, and online

61
00:03:21,480 --> 00:03:25,200
Speaker 2: shopping could increase that trend. Amy Moore as Bloomberg Radio.

62
00:03:25,160 --> 00:03:27,760
Speaker 1: Wall Street has closed the books on twenty twenty four,

63
00:03:27,800 --> 00:03:29,799
Speaker 1: and it's on to the new trading year of twenty

64
00:03:29,840 --> 00:03:32,800
Speaker 1: twenty five. We get more from Bloomberg's Charlie Pellett.

65
00:03:32,919 --> 00:03:35,520
Speaker 3: For the year, the SMP five hundred index was up

66
00:03:35,560 --> 00:03:39,360
Speaker 3: twenty three point two percent. Stocks, particularly those of US

67
00:03:39,480 --> 00:03:44,080
Speaker 3: tech companies, outperform virtually every other asset class. The SMP

68
00:03:44,240 --> 00:03:47,000
Speaker 3: five hundred rows for the fifth year and six in

69
00:03:47,120 --> 00:03:51,440
Speaker 3: an advance that added ten trillion dollars to US equity values.

70
00:03:51,720 --> 00:03:54,360
Speaker 3: The Dow in twenty twenty four was up twelve point

71
00:03:54,400 --> 00:03:58,240
Speaker 3: seven percent. NASTAK was up twenty eight point seven percent

72
00:03:58,760 --> 00:04:01,520
Speaker 3: in New York. Charlie, how about Bloomberg Radio?

73
00:04:01,560 --> 00:04:05,640
Speaker 1: College football playoff quarterfinal action at the Rose Bowl, Ohio

74
00:04:05,720 --> 00:04:08,520
Speaker 1: State defeated Oregon forty one twenty one and at the

75
00:04:08,520 --> 00:04:11,480
Speaker 1: Peach Bowl it was Texas over Arizona State thirty nine

76
00:04:11,560 --> 00:04:14,520
Speaker 1: thirty one and two overtimes. That's news when you want

77
00:04:14,600 --> 00:04:18,080
Speaker 1: it with Bloomberg News Now, I made Coleggy and this

78
00:04:18,400 --> 00:04:19,240
Speaker 1: is Bloomberg