1 00:00:00,840 --> 00:00:04,760 Speaker 1: News when you wanted With Bloomberg News Now, I'm Larry Kofski. 2 00:00:05,240 --> 00:00:09,600 Speaker 1: A deadly mistake by Israeli forces in Gaza. Bloomberg National 3 00:00:09,680 --> 00:00:13,480 Speaker 1: Security correspondent Nick Waddams has more on that from Washington. 4 00:00:13,600 --> 00:00:17,600 Speaker 2: The Israeli defense forces say that they mistakenly killed three 5 00:00:17,640 --> 00:00:23,040 Speaker 2: hostages during fighting in the northern Gaza Strip on Friday. Essentially, 6 00:00:23,079 --> 00:00:28,120 Speaker 2: what we think happened was that these hostages were killed, Israel, 7 00:00:28,200 --> 00:00:32,080 Speaker 2: didn't know that they were hostages, and then brought the 8 00:00:32,159 --> 00:00:36,520 Speaker 2: remains back to Israeli territory, after which they were identified. 9 00:00:36,600 --> 00:00:39,760 Speaker 1: The incident is prompting fresh questions about the conduct of 10 00:00:39,840 --> 00:00:45,440 Speaker 1: Israel's military campaign. After President Biden called Israeli bombing indiscriminate. 11 00:00:45,760 --> 00:00:49,879 Speaker 1: The IDF is investigating. Two of the world's largest container 12 00:00:50,000 --> 00:00:53,000 Speaker 1: shipping lines are telling their ships to stay out of 13 00:00:53,040 --> 00:00:56,440 Speaker 1: the Red Sea after their vessels came under attack by 14 00:00:56,480 --> 00:01:00,600 Speaker 1: hoothy rebels. Other vessel owners are evaluating whether it's safe 15 00:01:00,600 --> 00:01:04,360 Speaker 1: for their crews. The moves threatened to disrupt supply chains 16 00:01:04,600 --> 00:01:07,440 Speaker 1: and puts added pressure on the US and its allies 17 00:01:07,480 --> 00:01:11,200 Speaker 1: to improve security along one of the world's key trade routes. 18 00:01:11,959 --> 00:01:15,600 Speaker 1: Inflation has not yet returned to the fed's two percent target, 19 00:01:15,760 --> 00:01:19,400 Speaker 1: but it may get close next year. The Congressional Budget 20 00:01:19,400 --> 00:01:22,600 Speaker 1: Office sees inflation falling to two point one percent in 21 00:01:22,680 --> 00:01:27,440 Speaker 1: twenty twenty four. Bloomberg's Kadiad dmitri Iva explains. 22 00:01:27,000 --> 00:01:30,280 Speaker 3: We're not going to be seeing disinflation. So if you're 23 00:01:30,280 --> 00:01:33,720 Speaker 3: going to the grocery store, if you're buying a new car, 24 00:01:34,200 --> 00:01:37,080 Speaker 3: you're not going to see prices go down, but you 25 00:01:37,200 --> 00:01:40,000 Speaker 3: will see that prices aren't going to be going up 26 00:01:40,200 --> 00:01:43,119 Speaker 3: as much as they have been in recent years. 27 00:01:43,200 --> 00:01:46,920 Speaker 1: The CBO forecast is more optimistic than economists in a 28 00:01:46,959 --> 00:01:50,400 Speaker 1: Bloomberg survey, who see inflation easing to two and a 29 00:01:50,440 --> 00:01:54,760 Speaker 1: half percent next year. Federal Reserve officials are pushing back 30 00:01:54,800 --> 00:01:57,640 Speaker 1: against talk on Wall Street of interest rate cuts as 31 00:01:57,640 --> 00:02:01,240 Speaker 1: soon as March. New York Fed President John Williams says 32 00:02:01,240 --> 00:02:05,720 Speaker 1: such talk as premature. Atlanta Fed Chief Rafael Bostik doesn't 33 00:02:05,760 --> 00:02:09,359 Speaker 1: see raid cuts before next fall. Their comments kept Wall 34 00:02:09,360 --> 00:02:11,880 Speaker 1: Street off balance for most of the day, but the 35 00:02:11,919 --> 00:02:15,040 Speaker 1: main average is ended mostly higher. The Dow finished at 36 00:02:15,040 --> 00:02:18,960 Speaker 1: a third consecutive all time high. A federal jury in 37 00:02:19,160 --> 00:02:22,639 Speaker 1: Washington has ordered Rudy Giuliani to pay a steep price 38 00:02:22,720 --> 00:02:26,320 Speaker 1: for defaming two Georgia election workers in the twenty twenty 39 00:02:26,440 --> 00:02:31,200 Speaker 1: presidential race, Rudy Freeman and her daughter Andrea Shay Moss, 40 00:02:31,639 --> 00:02:34,760 Speaker 1: rewarded one hundred forty eight million dollars for harm to 41 00:02:34,800 --> 00:02:38,519 Speaker 1: their reputations. Boss spoke to reporters outside the courthouse. 42 00:02:38,600 --> 00:02:42,880 Speaker 4: As we move forward and continue to seek justice, our 43 00:02:42,919 --> 00:02:47,480 Speaker 4: greatest wish is that no one, no election worker, or voter, 44 00:02:48,000 --> 00:02:52,480 Speaker 4: or school board member, or anyone else ever experiences anything 45 00:02:52,680 --> 00:02:53,960 Speaker 4: like what we went through. 46 00:02:54,040 --> 00:02:56,320 Speaker 1: Giuliani talked about his next steps. 47 00:02:56,440 --> 00:02:58,160 Speaker 5: Possibly we'll move for a new trial. 48 00:02:58,400 --> 00:02:59,440 Speaker 6: Certainly will appeal. 49 00:03:00,080 --> 00:03:05,040 Speaker 5: The absurdity of the number merely underscores the absurdity of 50 00:03:05,080 --> 00:03:08,280 Speaker 5: the entire proceeding, where I've not been allowed to offer 51 00:03:08,360 --> 00:03:10,920 Speaker 5: one single piece of evidence in defense. 52 00:03:11,080 --> 00:03:15,320 Speaker 1: Giuliani declined to testify at the damage's trial, despite repeatedly 53 00:03:15,400 --> 00:03:18,760 Speaker 1: saying publicly that he would do so. The mother of 54 00:03:18,800 --> 00:03:21,120 Speaker 1: a six year old boy who shot his teacher in 55 00:03:21,200 --> 00:03:24,400 Speaker 1: Virginia has been sentenced to two years in prison for 56 00:03:24,520 --> 00:03:29,240 Speaker 1: felony child neglect. In sentencing Dejah Taylor, Circuit Court Judge 57 00:03:29,280 --> 00:03:34,520 Speaker 1: Christopher Papyle chastised her for abdicating her responsibilities as a parent. 58 00:03:35,000 --> 00:03:37,720 Speaker 1: Taylor pleaded guilty in August to a single count of 59 00:03:37,840 --> 00:03:42,280 Speaker 1: felony neglect. More Chinese agencies and government backed firms have 60 00:03:42,440 --> 00:03:46,240 Speaker 1: ordered staff to stop bringing iPhones and other foreign devices 61 00:03:46,240 --> 00:03:49,360 Speaker 1: to work. Bloomberg's Charlie Pellett has more. 62 00:03:49,200 --> 00:03:53,040 Speaker 6: It sets in motion and unprecedented prohibition that is likely 63 00:03:53,080 --> 00:03:56,160 Speaker 6: to block Apple and Samsung from parts of the world's 64 00:03:56,160 --> 00:04:00,800 Speaker 6: biggest mobile market. Multiple state firms and government apartments across 65 00:04:00,800 --> 00:04:05,440 Speaker 6: at least eight provinces, including the Prosperous Coast of instructed 66 00:04:05,480 --> 00:04:08,520 Speaker 6: employees in the past month or two to start carrying 67 00:04:08,720 --> 00:04:12,120 Speaker 6: local brands. This, according to sources, that is a major 68 00:04:12,240 --> 00:04:15,240 Speaker 6: step up from around September, when a small number of 69 00:04:15,280 --> 00:04:19,120 Speaker 6: agencies in Beijing and Chianzin began telling staff to leave 70 00:04:19,160 --> 00:04:22,920 Speaker 6: foreign devices at home. Charlie Pellett Bloomberg Radio. 71 00:04:23,480 --> 00:04:26,440 Speaker 1: High school seniors may be voting with their feet following 72 00:04:26,480 --> 00:04:30,600 Speaker 1: recent incidents of anti semitism at Harvard its websites as 73 00:04:30,640 --> 00:04:34,919 Speaker 1: applications for early admission this year are down seventeen percent. 74 00:04:35,400 --> 00:04:39,279 Speaker 1: Harvard has been criticized for failing to keep Jewish students safe, 75 00:04:39,680 --> 00:04:42,359 Speaker 1: and that's news when you want it. With Bloomberg News. 76 00:04:42,400 --> 00:04:45,760 Speaker 1: Now I'm Larie Cofskin. This is Bloomberg