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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 Well. President Biden has appealed to the American

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Speaker 1: people directly to support funding for Israel and Ukraine's war efforts.

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Speaker 1: He also warned that Hamas and Russian President Vadimir Putin

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Speaker 1: post parallel threats to democracy.

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Speaker 2: When America experienced the hell of nine to eleven, we

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Speaker 2: fell and raised as well. While we sought and got justice,

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Speaker 2: we made mistakes. So I cautioned the government of Israel

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Speaker 2: not to be blinded by rage.

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Speaker 1: The speech precedes a White House request that Congress provide

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Speaker 1: roughly one hundred billion dollars in resources they would go

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Speaker 1: to Israel, Ukraine, Taiwan, and the US southern border. In

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Speaker 1: the meantime, US Ambassador to China, Nicholas Burns has called

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Speaker 1: on President Shijin Ping's government to denounce terrorism by Hamas.

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Speaker 3: We have a lot of challenges in the US China relationship.

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Speaker 3: We do not have identical views on this particular position.

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Speaker 3: Hamas does not support the two state solution. Hamas supports

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Speaker 3: the destruction of the state of Israel. China has taken

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Speaker 3: a position of supporting the two state solution, as has

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Speaker 3: the United States, and so obviously the focus here should

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Speaker 3: be directed against.

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Speaker 1: Hamas US Ambassador to China. Nicholas Burns, in an exclusive

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Speaker 1: interview with Bloomberg Well, Round three for Jim Jordan's quest

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Speaker 1: to be how Speaker has been scheduled for this morning

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Speaker 1: at ten Eastern time. Bloomberg Jed Baxter has the story.

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Speaker 4: More twists and turns to even get to this space.

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Speaker 4: Jordan has come off as support of an interim speaker

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Speaker 4: after very heated response from his caucus.

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Speaker 5: So I'm still running for speaker, and I plan to

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Speaker 5: go to the floor and get the votes and win

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Speaker 5: this race. But I want to go talk with a

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Speaker 5: few of my colleagues, particularly, I want to talk with

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Speaker 5: the twenty individuals voted against me.

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Speaker 4: Whether that will land him what he needs is a

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Speaker 4: big question as it hangs in the wind and delays

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Speaker 4: action on aid for Israel or Ukraine. Ed Baxter Bloomberg.

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Speaker 1: Radio dchair J. Powell is suggesting that the FED will

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Speaker 1: leave interest rates steady at the next meeting, but Powell

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Speaker 1: did not rule out higher rates down the road.

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Speaker 6: We have models for everything, we have formulists for everything. Ultimately,

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Speaker 6: as a practitioner, we have to focused on what the

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Speaker 6: economy is telling us, even taking legs into account, what's

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Speaker 6: it telling us? Does it feel like policy is too

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Speaker 6: tight right now?

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Speaker 7: I would have to say no.

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Speaker 6: I think the evidence is not that a policy is

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Speaker 6: too tight right now. So and M word five five

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Speaker 6: and a quarter to five and a half percent.

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Speaker 1: Powell also said that rising yields have lessened the need

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Speaker 1: for higher interest rates. Yields on two year treasuries declined

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Speaker 1: after he spoke, while tenure yields bumped up against five percent,

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Speaker 1: currently trading at four point nine to four percent in Tokyo. Well,

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Speaker 1: A new poll is out for the twenty twenty four

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Speaker 1: presidential race from Bloomberg News and Morning Consult. It points

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Speaker 1: to a challenge for President Biden in a matchup with

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Speaker 1: former President Donald Trump. More from Bloomberg's Jack Fitzpatrick.

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Speaker 7: He is trailing in this poll and several important swing

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Speaker 7: states that includes Arizona, Georgia, North Carolina, Pennsylvania, and Wisconsin

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Speaker 7: to former President Trump. Collectively in seven different battleground states,

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Speaker 7: he trails overall in aggregate forty seven to forty three.

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Speaker 7: Voters say they broadly support former President Trump's stance on

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Speaker 7: the economy. They trust him on the economy. More foreign

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Speaker 7: policy is not a strength for President Biden either.

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Speaker 1: Bloomberg's Jack Fitzpatrick. The poll also finds swing state voters

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Speaker 1: side the US economy is the most important issue heading

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Speaker 1: to the ballot box. Taiwan's TSMC says the worst could

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Speaker 1: be over for the semiconductor industry. Bloomberg's Joan Wong with

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Speaker 1: this story from Hong Kong.

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Speaker 8: The Taiwan chipmaker projected sales of about nineteen billion daughters

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Speaker 8: this quarter and capital spending of thirty two billion daughters

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Speaker 8: for twenty twenty three. That's ahead of analysts estimates. It

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Speaker 8: also posts a better than expected net income at the

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Speaker 8: third quarter of six and a half billion dollars. Ceocc

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Speaker 8: Way says the company is counting on the chip market

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Speaker 8: hitting bottom very soon, but he stopped short of calling

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Speaker 8: for a strong rebound because of uncertainty surrounding China.

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Speaker 1: And that's Bloomberg's Joanne Wong. That's news when you want

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

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Speaker 1: Bloomberg