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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: in Kulaki. Opek has agreed in principle to increase production

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Speaker 1: again next month, according to delegates, as the group doubles

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Speaker 1: down on its policy ship to pursue market share instead

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Speaker 1: of defending prices. Key Alliance members said they expect to

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Speaker 1: approve adding about one hundred and thirty seven thousand barrels

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Speaker 1: during a video call on Sunday, as the group, led

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Speaker 1: by Saudi Arabia and Russia, begins unwinding the next layer

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Speaker 1: of halted supplies, having just completed the surprised fast tracking

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Speaker 1: of a previous trunch. An October increase will start the

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Speaker 1: return of one point sixty six million barrels a day

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Speaker 1: of cuts that were scheduled to remain in place until

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Speaker 1: the end of twenty twenty six. President Trump says that

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Speaker 1: he sees White House Economic Advisor Kevin Hassett, Federal Reserve

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Speaker 1: Governor Christopher Waller, and former Fed Governor Kevin Walsh as

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Speaker 1: the finalists as he chooses a replacement for the Central

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Speaker 1: Bank's chair Jerome Powell. Earlier, Trump indicated that while he

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Speaker 1: had some idea of who he wanted to pick, for

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Speaker 1: the position. He was committed to an interview process. Treasury

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Speaker 1: Secretary Scott Bessen, who was thought to be a contender

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Speaker 1: for the job before removing himself from contention, is organizing

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Speaker 1: the search and reiterated Friday that he was not interested

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Speaker 1: in the position. The New York Times reports the Trump

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Speaker 1: administration has initiated an immigration and customs enforcement operation in Massachusetts,

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Speaker 1: including the Boston area. It's expected to last several weeks.

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Speaker 1: The initiative, which began late this week, is called Operation

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Speaker 1: Patriot two point zero. The operation came just days before

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Speaker 1: the Trump administration was expected to kick off an immigration

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Speaker 1: crackdown in Chicago, and as immigration arrests have ramped up

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Speaker 1: in Washington. South Korea's top diplomat said he'll travel to

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Speaker 1: Washington if needed over a US migrant rate at a

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Speaker 1: Hyundai manufacturing complex, confirming that more than three hundred among

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Speaker 1: four hundred seventy five people detained under the operation are

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Speaker 1: its citizens. Foreign Minister Choe Hung presided over an emergency

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Speaker 1: response meeting in Soul Saturday after US federal agians carried

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Speaker 1: out the sweep at a construction site or an electric

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Speaker 1: vehicle battery plant near Savannah Georgia.

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Speaker 2: This week.

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Speaker 1: South Korean First Vice Minister of Foreign Affairs Park Yun

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Speaker 1: Ju called the incident regrettable. During a Saturday phone call

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Speaker 1: with US Undersecretary of State four Political Affairs Alison Hooker.

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Speaker 1: Ken View shares plunged nine point four percent Frauday on

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Speaker 1: a report that Robert F. Kennedy Junior will link Tailan

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Speaker 1: Aal to autism. We get that story from Bloomberg's Charlie Pellett.

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Speaker 2: The decline came after The Wall Street Journal reported that

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Speaker 2: the Health and Human Services Secretary is likely to link

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Speaker 2: the company's Tailanal painkiller to autism, though the agency says

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Speaker 2: the news report is quote speculation. The federal government is

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Speaker 2: expected to release its findings on autism this month. The journal,

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Speaker 2: citing sources, said the report is likely to say the

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Speaker 2: use of over the counter pain medication with sidaminefin, which

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Speaker 2: is the active ingredient in thailanol, may cause autism in

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Speaker 2: New York. Charlie Pellett Bloomberg Radio.

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Speaker 1: The Trump administration is rewriting the rules on who gets

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Speaker 1: hired in the federal government. Bloomberg's Nathan Hager has the

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Speaker 1: details from Washington.

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Speaker 3: The White House has published a new rule replacing what's

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Speaker 3: long been known as the rule of three that's required

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Speaker 3: civil service examiners to narrow a list of qualified candidates

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Speaker 3: for a government job to the top three scorers on

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Speaker 3: a competitive exam. The new rule lets hiring managers choose

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Speaker 3: from a wider field, while giving them more latitude to

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Speaker 3: winno people out if they've been passed over more than

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Speaker 3: three times for the same job. The new hiring rule

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Speaker 3: takes effect in November. In Washington, I'm Nathan Hager Bloomberg Radio.

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Speaker 1: Postal traffic into the United States plunged by more than

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Speaker 1: eighty percent after the Trump administration ended a tiff exemption

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Speaker 1: for low cost imports. We get more from Bloomberg's Denise Pellegrini.

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Speaker 4: That drop off comes as eighty eight postal operators tell

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Speaker 4: the UN's Postal Agency they have suspended Some are all

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Speaker 4: postal services to the US until they have a solution.

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Speaker 4: On most US bound parcels valued at eight hundred dollars

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Speaker 4: or less, which used to escape customs charges before President

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Speaker 4: Chump did away with the exemption last month. Most of

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Speaker 4: the purchases now require vetting and are subject to their

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Speaker 4: original country's applicable tariff rate from ten to fifty percent.

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Speaker 4: President Trump did even place a smaller exemption incoming gifts,

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Speaker 4: valued it up to one hundred dollars on. Up to

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Speaker 4: two hundred dollars worth of personal souvenirs from trips abroad

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Speaker 4: are still not being taxed. Denise Pellgreen Bloomberg Radio.

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Speaker 1: One of the fastest growing groups of US consumers is

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Speaker 1: hitting the brakes. What started a few months ago with

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Speaker 1: makers of beer brands like Modello warning of a pullback

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Speaker 1: among Hispanic customers as anxiety about immigration raids and tariffs

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Speaker 1: set in, has now extended to other parts of the economy.

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Speaker 1: According to research firm Numerator, consumption by Hispanic families barely

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Speaker 1: rose in the year through June. Spending by white and

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Speaker 1: black households meanwhile continued to grow, albeit at a slower

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Speaker 1: pace than seen in twenty twenty four. And Davy Johnson,

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Speaker 1: an All Star second baseman who won the World Series

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Speaker 1: twice with the Baltimore Orioles as a player and managed

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Speaker 1: the New York Mets to the title when nineteen eighty six,

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Speaker 1: has died he was eighty two. Johnson also made the

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Speaker 1: final out in the nineteen sixty nine World Series when

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Speaker 1: the Orioles lost to the Mets. And at the US Open,

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Speaker 1: top seed Arena Sablenka wins the women's championship by defeating

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Speaker 1: Amanda Anisimova in straight set sixty three, seven to six.

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Speaker 1: President Trump plans to attend the men's final on Sunday.

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Speaker 1: That's news when you want it with Bloomberg News. Now,

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Speaker 1: I made Kleggi. This is Bloomberg