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

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Speaker 1: Brian Curtis in Hong Kong. Israel's military struck hundreds of

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Speaker 1: targets inside the Gaza Strip in response to a deadly

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Speaker 1: attack by Palestinian militants on Israeli neighborhoods. And as we've

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Speaker 1: been reporting, the US is moving an aircraft carrier strike

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Speaker 1: group to the Mediterranean. More on that from Ariel Cohen,

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Speaker 1: Senior fellow at the Atlantic Council.

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Speaker 2: The presence of the carrier battle group, the main instrument

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Speaker 2: of the US power projection in eastern Mediterranean, is a

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Speaker 2: signal to Iran, do not open the second front against

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Speaker 2: Israel from Lebanon and try to restrain Iran.

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Speaker 1: Ariel Cohen, The combined death toll from the attack on

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Speaker 1: southern Israel has risen now to more than eleven hundred.

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Speaker 1: In other news, Senate Majority Leader Chuck Schumer is as

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Speaker 1: America seeks competition and not conflict with China. Bloomberg's Rashad

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Speaker 1: Salamat has more from Hong Kongmann.

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Speaker 3: Made the comments over the weekend as a bipartisan delegation

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Speaker 3: of US senators arrived in China. They met with the

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Speaker 3: Shanghai Communist Party secretary Chen j Ning. After landing early

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Speaker 3: Saturday afternoon, they'll visit US companies in Shanghai before heading

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Speaker 3: to Beijing. The delegation seeking to meet with Chinese President Chijinping.

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Speaker 3: We reported earlier that the delegation would also raise issues

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Speaker 3: including human rights and the investment climate for US businesses

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Speaker 3: in China.

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Speaker 1: Bloomberg's Rashad Solama. The US Labor Department said three hundred

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Speaker 1: and thirty six thousand new jobs were added in September.

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Speaker 1: Reaction from mohammadel Arian, Chief Economic Advisor at Alian's.

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Speaker 4: This is good news for the economy right now. The

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Speaker 4: fact that we can deliver over four hundred thousand dropped

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Speaker 4: if you include revisions without earnings pressure is good news.

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Speaker 4: It is secondly bad news for markets and for the FED.

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Speaker 4: The FED is not going to welcome this report. It

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Speaker 4: puts back on the table a hike for the first

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Speaker 4: time November.

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Speaker 1: Mohammedel Arian meantime, investors are also on alert for signs

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Speaker 1: of inflation. Bloomberg's Denise Pellegreene has more.

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Speaker 5: We will be getting a report on producer prices for

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Speaker 5: September on Wednesday, and then the government's Consumer Price Index

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Speaker 5: report Thursday. Core CPI excluding food and fuel is seen

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Speaker 5: as increasing three tenths of a percent last month compared

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Speaker 5: to August. Annually, though, we might see core CPI drop,

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Speaker 5: but that's likely because it's being compared to last September,

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Speaker 5: when inflation was red hot. Meantime, Fed Governor Michelle Bowman

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Speaker 5: indicated over the weekend the Fed would need to raise

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Speaker 5: interest rates further and possibly keep them there for longer,

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Speaker 5: and she warned that high energy prices could undo some

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Speaker 5: of the progress the Fed's inflation fighters have made.

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Speaker 1: Bloomberg's Denise Pellegrini tourism revenue from China's Golden Week holiday

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Speaker 1: edge slightly above the pre COVID levels. We get the

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Speaker 1: story from Bloomberg's Bonniao.

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Speaker 6: In Hong Kong, domestic tourism increased one point five percent

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Speaker 6: from a comparative level in twenty nineteen, but there was

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Speaker 6: a huge search compared to twenty twenty two figures, a

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Speaker 6: year when China battled a COVID lockdown. Traveling went up

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Speaker 6: by seventy one percent this year, and spending jumped nearly

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Speaker 6: one hundred and thirty percent. Meanwhile, in Macau, Chinese tourists

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Speaker 6: flooded in Analysts predict gaming revenue in October could return

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Speaker 6: to seventy two percent of pre pandemic levels. Economists say

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Speaker 6: that data shows that Chinese economy is improving at a

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Speaker 6: modest pace, but people are still cautious about spending.

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Speaker 1: Bloomberg's bawny Ow, that's news when you want it with

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Speaker 1: Bloomberg News Now. I'm Brian Curtis. This is Bloomberg