1 00:00:00,760 --> 00:00:04,680 Speaker 1: News when you wanted with Bloomberg News Now I made Kalgi. 2 00:00:04,800 --> 00:00:08,760 Speaker 1: South Korea's military said North Korea disrupted GPS signals from 3 00:00:08,760 --> 00:00:12,160 Speaker 1: border areas for the second straight day on Saturday, affecting 4 00:00:12,200 --> 00:00:16,280 Speaker 1: an unspecified number of flights and vessel operations. Tensions between 5 00:00:16,280 --> 00:00:19,600 Speaker 1: the rival Koreas have escalated as North Korean leader Kim 6 00:00:19,720 --> 00:00:24,040 Speaker 1: Jong un flaunts's advancing nuclear and missile program and engages 7 00:00:24,079 --> 00:00:27,960 Speaker 1: in electronic and psychological warfare, such as flying thousands of 8 00:00:27,960 --> 00:00:32,280 Speaker 1: balloons to drop trash and anti South Korean propaganda leaflets 9 00:00:32,360 --> 00:00:35,760 Speaker 1: in the South. South Korea's joined chiefs of staff said 10 00:00:35,800 --> 00:00:39,960 Speaker 1: North Korean operations to manipulate GPS signals were detected from 11 00:00:39,960 --> 00:00:42,920 Speaker 1: around the western bordered city of k Song and the 12 00:00:42,960 --> 00:00:46,800 Speaker 1: nearby city of Heju on Friday and Saturday. Insidy activities 13 00:00:46,800 --> 00:00:51,400 Speaker 1: disrupted dozens of civilian aircraft in several vessels. A federal 14 00:00:51,479 --> 00:00:55,840 Speaker 1: judge has paused the election interference prosecution against President elect 15 00:00:55,920 --> 00:00:59,680 Speaker 1: Donald Trump, canceling all upcoming court deadlines as Special Council 16 00:00:59,760 --> 00:01:03,240 Speaker 1: Check Smith winds down the case. US District Judge Tanya 17 00:01:03,320 --> 00:01:06,840 Speaker 1: Chutkin issued the order Friday, shortly after Smith had filed 18 00:01:06,840 --> 00:01:10,160 Speaker 1: a request to pause the proceedings. Smith said he plans 19 00:01:10,160 --> 00:01:12,479 Speaker 1: to make a filing December second about what to do 20 00:01:12,560 --> 00:01:15,280 Speaker 1: about the criminal case now that Trump has been elected. 21 00:01:15,319 --> 00:01:15,800 Speaker 2: President. 22 00:01:16,120 --> 00:01:18,520 Speaker 1: Smith's office has said the case will be dropped because 23 00:01:18,520 --> 00:01:22,560 Speaker 1: a sitting president cannot be prosecuted under Justice Department policy. 24 00:01:22,959 --> 00:01:27,720 Speaker 1: Florida Democratic Congresswoman Debbie Wasserman Schultz tells Bloomberg she believes 25 00:01:27,760 --> 00:01:30,760 Speaker 1: President ELEC. Trump's prosecution should move forward. 26 00:01:31,120 --> 00:01:34,039 Speaker 3: It is essential to our national security that these cases 27 00:01:34,080 --> 00:01:37,479 Speaker 3: be able to play out. These are very, very serious 28 00:01:37,680 --> 00:01:40,640 Speaker 3: crimes that he's committed, but we do have Supreme Court 29 00:01:40,880 --> 00:01:45,000 Speaker 3: decisions that established community the cases should play out under 30 00:01:45,000 --> 00:01:47,319 Speaker 3: the rules that the Supreme Court has structured. 31 00:01:47,720 --> 00:01:51,240 Speaker 1: Debbie Wasserman Schultz in a Bloomberg interview Bloomberg's Eric Larson 32 00:01:51,280 --> 00:01:54,320 Speaker 1: on what to expect from the president elect's legal team. 33 00:01:54,520 --> 00:01:57,800 Speaker 4: You can expect that Trump's lawyer, they're going to make 34 00:01:57,840 --> 00:02:00,320 Speaker 4: a strong push. 35 00:01:59,440 --> 00:02:01,480 Speaker 5: To prevent the ten. 36 00:02:01,240 --> 00:02:05,400 Speaker 4: Thing from going forward. Of course, he faces as long 37 00:02:05,440 --> 00:02:08,280 Speaker 4: as four years behind bars, but he's climbed and even 38 00:02:08,280 --> 00:02:10,440 Speaker 4: though most legal experts have said that he would probably 39 00:02:10,440 --> 00:02:13,160 Speaker 4: get far less than that or even just probation, I 40 00:02:13,200 --> 00:02:15,240 Speaker 4: don't think they're going to want a judge to be 41 00:02:15,280 --> 00:02:19,480 Speaker 4: able to issue any kind of sentence at all before 42 00:02:20,440 --> 00:02:22,440 Speaker 4: the president elect takes offense. 43 00:02:22,680 --> 00:02:26,560 Speaker 1: Bloomberg's Eric Larson Elon Musk joined a call between President 44 00:02:26,600 --> 00:02:30,640 Speaker 1: elect Donald Trump and Ukrainian President Vladimir Zelensky, highlighting the 45 00:02:30,680 --> 00:02:35,400 Speaker 1: billionaire entrepreneur's influence within the incoming US administration. Musk was 46 00:02:35,440 --> 00:02:37,200 Speaker 1: in the room with the call took place. According to 47 00:02:37,240 --> 00:02:40,320 Speaker 1: the person familiar with the discussion, Trump put the phone 48 00:02:40,360 --> 00:02:44,360 Speaker 1: on speaker to allow Musk to participate. Axio's first reporter 49 00:02:44,400 --> 00:02:47,359 Speaker 1: that Musk was on Trump's call with Zelenski. The person 50 00:02:47,440 --> 00:02:51,520 Speaker 1: familiar characterized it as a short conversation and said Musk's 51 00:02:51,560 --> 00:02:55,320 Speaker 1: participation was not planned in advance. Tesla is back in 52 00:02:55,400 --> 00:02:58,560 Speaker 1: the trillion dollar club following Friday surge. We get more 53 00:02:58,600 --> 00:03:00,800 Speaker 1: from Bloomberg's Charlie Pellet, up. 54 00:03:00,680 --> 00:03:04,080 Speaker 2: Eight point two percent, extending the year to date advance 55 00:03:04,200 --> 00:03:07,840 Speaker 2: to twenty nine point three percent. Investors are betting that 56 00:03:07,880 --> 00:03:10,200 Speaker 2: Donald Trump's return to the White House can be a 57 00:03:10,240 --> 00:03:14,240 Speaker 2: positive force for Elon Musk's company. Tesla's stock price has 58 00:03:14,280 --> 00:03:16,880 Speaker 2: been on a roller coaster ride. In twenty twenty four, 59 00:03:17,160 --> 00:03:19,720 Speaker 2: it was down forty three percent for the year on 60 00:03:19,760 --> 00:03:23,080 Speaker 2: April twenty second, but has been on a tear since then. 61 00:03:23,440 --> 00:03:26,760 Speaker 2: It's unclear whether Trump's win will mean any material gains 62 00:03:26,760 --> 00:03:29,880 Speaker 2: for the ev maker, particularly in light of Trump's skepticism 63 00:03:29,919 --> 00:03:33,440 Speaker 2: of electric vehicles, but that lack of clarity has not 64 00:03:33,520 --> 00:03:37,080 Speaker 2: been enough to deter the Tesla believers. In New York, 65 00:03:37,160 --> 00:03:38,720 Speaker 2: Charlie Pellett Bloomberg. 66 00:03:38,440 --> 00:03:42,640 Speaker 1: Radio Inflation takes center stage on next week's US economic agenda. 67 00:03:42,680 --> 00:03:45,200 Speaker 1: Bloomberg's Binnie del Judi reports the. 68 00:03:45,200 --> 00:03:49,360 Speaker 5: Labor Department will issue reports on consumer, producer and import prices, 69 00:03:49,360 --> 00:03:53,920 Speaker 5: and Wall Street anticipates generally tame readings. Higher auto prices 70 00:03:53,960 --> 00:03:57,000 Speaker 5: did probably influence some of the data. The University of 71 00:03:57,120 --> 00:04:01,240 Speaker 5: Michigan reports Americans anticipate inflation will continue to slow. They're 72 00:04:01,280 --> 00:04:03,760 Speaker 5: looking for a two point six percent increase over the 73 00:04:03,800 --> 00:04:07,200 Speaker 5: next year, the slowest since twenty twenty, based on the 74 00:04:07,320 --> 00:04:12,560 Speaker 5: university's November survey of consumer sentiment. Manny Dell Judais Bloomberg Radio. 75 00:04:12,480 --> 00:04:15,680 Speaker 1: History shows that if left untreated, extreme political and social 76 00:04:15,720 --> 00:04:20,440 Speaker 1: divisions are a mortal threat to democracy. How political polarization ends, 77 00:04:20,480 --> 00:04:22,920 Speaker 1: you can read all about it in Bloomberg's weekend edition 78 00:04:23,360 --> 00:04:26,279 Speaker 1: exploring the places where finance, life and culture meet. Find 79 00:04:26,279 --> 00:04:29,119 Speaker 1: it now on bloomberg dot com and the Bloomberg Business app. 80 00:04:29,400 --> 00:04:32,040 Speaker 1: The Friday numbers on Wall Street, the Dow rose two sixty, 81 00:04:32,160 --> 00:04:35,120 Speaker 1: NaSTA gain seventeen. The S and P was up twenty two, 82 00:04:35,160 --> 00:04:38,720 Speaker 1: reaching it's fiftieth record high in twenty twenty four. That's 83 00:04:38,800 --> 00:04:41,599 Speaker 1: news when you want it with Bloomberg News Now. I'm 84 00:04:41,600 --> 00:04:43,600 Speaker 1: Mad Kaleggi, and this is Bloomberg