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

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Speaker 1: made Kleggy. One person is dead in the desert oasis

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Speaker 1: of Palm Springs, California, after a bomb exploded Saturday outside

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Speaker 1: of fertility clinic, damaging buildings and leaving windows shattered in

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Speaker 1: restaurant shops and apartment buildings across several blocks in the

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Speaker 1: city's downtown. Here's the call as it was heard on BROADCASTIFY.

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Speaker 2: It looked like you're.

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Speaker 3: Going to be multiple building with fly.

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Speaker 1: Yeah, I go fire drawing vehicle in a bark, but

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Speaker 1: it will be a vent for doubt. The explosion was

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Speaker 1: in or near a vehicle parked by the clinic. According

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Speaker 1: to the mayor, Ron de Haart, the bombing appears to

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Speaker 1: be an isolated, intentional act of violence at the Palm

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Speaker 1: Springs Fire Chief Paul Alvarado, The mayor said it was

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Speaker 1: unclear how or whether the victim was connected to the blast.

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Speaker 1: The person's identity was not known. President Trump said he'll

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Speaker 1: have a phone call with Russian President in Vladimir Putin

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Speaker 1: Monday morning to discuss how to stop the war in Ukraine.

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Speaker 1: Trump said he will also speak with Ukrainian President Vladimir

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Speaker 1: Zelenski and various members of the NATO Alliance. He wrote

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Speaker 1: in a post on truth Social Hopefully it will be

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Speaker 1: a productive day. A ceasefire will take place in this

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Speaker 1: very violent war, A war that should never have happened,

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Speaker 1: will end. God bless us. All officials from Ukraine and

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Speaker 1: Russia on Friday held their first direct talks in more

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Speaker 1: than three years, mediated by Turkey. Yet, while the two

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Speaker 1: sides agreed to swamp one thousand prisoners in coming days,

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Speaker 1: expectations going into the meeting were low after Putin decided

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Speaker 1: not to attend, sending only a low level delegation. In

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Speaker 1: declining to commit to a ceasefire proposal, Secretary of State

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Speaker 1: Marco Rubio said that the Vatican could serve as a

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Speaker 1: venue for future peace talks between Ukraine and Russia.

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Speaker 2: Certainly is a place that I would think that both

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Speaker 2: sides would be comfortable coming. So we are grateful for

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Speaker 2: their long standing efforts, not simply on trying to broker peace,

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Speaker 2: but on the exchanges of prisoners. There are children that

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Speaker 2: are currently been taken from their homes that the Ukrainians

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Speaker 2: would like to see returned, and they the Holy Sea

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Speaker 2: has been very involved in that regard.

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Speaker 1: That's Rubio speaking to reporters in Rome ahead of his

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Speaker 1: meeting with Cardinal Matteo Zupi the Vatican's pointment on Ukraine.

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Speaker 1: New Jersey Transit officials and the union representing its rail

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Speaker 1: engineers said that unscheduled talk Saturday in Newark went well

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Speaker 1: enough that they plan to continue negotiations on Sunday in

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Speaker 1: an effort to end a strike that shut down the

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Speaker 1: commuter's service for two days. New Jersey Transit President and

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Speaker 1: chief executive officer Chris colorI said Saturday afternoon in a statement,

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Speaker 1: Today's discussions continue to be constructive. We've mutually agreed to

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Speaker 1: adjourin formal discussions for the day, but will continue talking

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Speaker 1: and look forward to resuming discussions tomorrow. A union official

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Speaker 1: speaking on background confirmed the talks would resume on Sunday.

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Speaker 1: The US was stripped of its last top credit rating

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Speaker 1: by Moody's Ratings, reflecting deepening concern that ballooning dead and

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Speaker 1: deficits will damage America's standing as the pre eminent destination

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Speaker 1: for global capital. Joe of Voie, SMBC NICO Securities, chief

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Speaker 1: US economist and former chief economist for National Economic Council

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Speaker 1: under Trump's first administration is not happy with Moody's decision.

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Speaker 3: You're downgrading the country that has the reserve current, so

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Speaker 3: you're downgrading the country that's growing the fastest of any

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Speaker 3: industrialized countries, and you're also downgrading the country that has

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Speaker 3: the best productivity per capita of any country. So to

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Speaker 3: do this, I'm completely nonplused by it. It doesn't make any sense.

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Speaker 1: Joel Lavornia, speaking with Bloomberg's Balance of Power, Moodies lowered

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Speaker 1: the US credit score to a one from tripling on fronting,

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Speaker 1: joining Fitch Ratings and SMP Global Ratings in grading the

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Speaker 1: world's biggest economy below the top triple A position. And

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Speaker 1: VIDIA chief executive officer Jensen Wong expressed confidence in his

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Speaker 1: company's trade partners and said there's no evidence of its

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Speaker 1: prized semiconductors being diverted to the Chinese market. Wong told

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Speaker 1: Bloomberg News Saturday in Taipei that in Vidio's hardware is

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Speaker 1: too large to be easily smuggled across borders and its

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Speaker 1: customers are aware of the rules in self monitoring. Its

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Speaker 1: latest flagship products are sold as multimillion dollar integrated systems,

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Speaker 1: which can contain as many as seventy two graphics processing

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Speaker 1: units and thirty six processors. The Biden administration set up

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Speaker 1: so called AI diffusion rules to prevent shipments to other

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Speaker 1: countries being diverted to China, which President Trump has decided

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Speaker 1: to cancel. After three rounds of the PGA Championship at

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Speaker 1: Quell Hollo Golf, second major of the year, Scottie Scheffler

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Speaker 1: six underd for Saturday, eleven under for the tournament, Hill

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Speaker 1: head into Sunday's final round with a three shot lead,

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Speaker 1: and Journalism wins the Preakness Stakes at Pimlico in Baltimore.

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

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Speaker 1: IMD Kleggi, this is Bloomberg