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Speaker 1: News when you wanted with Bloomberg News Now, I'm Amy Morris.

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Speaker 1: Beg Governor Stephen Myron just joined the Central Bank last

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Speaker 1: week and was the only dissenting vote at their rate

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Speaker 1: cut meeting. Dell's Bloomberg. He made his own decision about

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Speaker 1: how to vote without being influenced by the White House.

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Speaker 2: He never asked me to set policy in a specific way.

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Speaker 2: He shared his view about Monterey policy. It's the same

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Speaker 2: view he says on TV several times a week.

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Speaker 3: You know.

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Speaker 2: There's nothing about his view at Monterey policy that I

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Speaker 2: know that you don't know. But he never asked me

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Speaker 2: to set policy in a specific way.

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Speaker 1: Myron says FED policy is too tight, risking higher unemployment,

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Speaker 1: but he knows how he would like to see FED

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Speaker 1: policy go.

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Speaker 2: My view is get relatively close neutral quickly, and then

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Speaker 2: there's a little bit more cutting next year, and then

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Speaker 2: a little bit more cutting view after that, and then

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Speaker 2: sort of back up to neutral thereafter.

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Speaker 1: Beg Governor Stephen Myron spoke to Bloomberg on the sidelines

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Speaker 1: of an event at the Economic Club of New York.

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Speaker 1: You can hear the entire interview on the Bloomberg Talks podcast.

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Speaker 1: Saint Louis FED president Alberto Mussolem meanwhile supported last week's

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Speaker 1: interest rate reduction as a way to take out insurance

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Speaker 1: against a weakening labor market. He said he would support

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Speaker 1: further reductions if the labor market got any worse. Cleveland

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Speaker 1: FED president Beth Hammock says she remains focused on inflation

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Speaker 1: and Warren's officials should be cautious about overheating the economy.

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Speaker 1: She says there are signs the labor market is still robust,

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Speaker 1: including low layoffs and a low unemployment rate. In Vidia

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Speaker 1: says it will invest as much as one hundred billion

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Speaker 1: dollars in open ai to support the building of new

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Speaker 1: data centers and supporting infrastructure to power AI workloads. Open

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Speaker 1: Ai CEO Sam Altman tell CNBC this is critical to

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Speaker 1: everything they want to do moving forward.

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Speaker 3: Without doing this, we cannot deliver the services people want.

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Speaker 3: We can't keep making better models. And now that we

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Speaker 3: really see what's on the near term horizon of how

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Speaker 3: good the models are getting, the new use cases that

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Speaker 3: are being enabled, what people want to do, This is

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Speaker 3: like the fuel that we need to drive improvement, to

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Speaker 3: drive better models, to drive revenue everything.

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Speaker 1: In Vidia says they've signed up the letter of intent

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Speaker 1: for a strategic deal with Open Ai. Shares of Nvidia

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Speaker 1: nearly four percent higher, and as in Nvidia boosts optimism

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Speaker 1: on AI, it's also lifting the markets. We do check

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Speaker 1: markets for you all day long here at Bloomberg. The

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Speaker 1: S and P five hundred and four tenths sever percent,

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Speaker 1: NASDAK up six tenths seven percent, the Dow up one

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Speaker 1: tenth of one percent, the tenure treasury yield at four

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Speaker 1: point one four percent, and the two year yield at

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Speaker 1: three point five nine percent. Byte Dance is reportedly ready

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Speaker 1: to sign the framework agreement on TikTok. A senior White

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Speaker 1: House official says China based Byte Dance will hold a

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Speaker 1: stake of less than twenty percent of TikTok's US operations,

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Speaker 1: part of an executive order that will approve a deal

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Speaker 1: to sell the operations of TikTok to a group of investors.

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Speaker 1: Bloomberg's Tyler Kendall.

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Speaker 4: An official tells us that President Trump is planning to

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Speaker 4: sign an executive order later this week, cementing his approval

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Speaker 4: of the deal, though worth mentioning also that we are

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Speaker 4: from China's Foreign Ministry on Friday and they fell short

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Speaker 4: of a full endorsement.

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Speaker 1: Bloomberg's Tyler Kendall Tech giant Oracle will receive a copy

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Speaker 1: of TikTok's algorithm to operate for US users. Oracle shares

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Speaker 1: are four and a half percent higher. The White House

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Speaker 1: says doctors may be exempt from H ONEB visa fees.

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Speaker 1: After the Trump administration announced a new one hundred thousand

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Speaker 1: dollars fee for H one B visas, medical groups warned

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Speaker 1: this would worsen a doctor shortage in the US and

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Speaker 1: make it harder for rural hospitals to operate. White House

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Speaker 1: spokesperson Taylor Rogers said in an email to Bloomberg News

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Speaker 1: that the proclamation allows for potential exemptions and that can

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Speaker 1: include physicians and medical residents. Pennsylvania Governor Josh Shapiro, in

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Speaker 1: an exclusive interview with Bloomberg, says the president's immigration policies

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Speaker 1: are damaging.

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Speaker 5: The President's immigration policies, combined with his tariff policies, are

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Speaker 5: making it harder for us to compete and driving up

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Speaker 5: the costs of goods in this Commonwealth than across this country.

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Speaker 5: I think what the President's doing is harming America, isolating America,

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Speaker 5: making it harder for workers here in Pennsylvania, from our

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Speaker 5: farmlands to our universities.

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Speaker 1: Here our entire interview with Pennsylvania Governor Josh Shapiro on

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Speaker 1: the Bloomberg Talks podcast. Poland's Prime Minister Donald Tusk says

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Speaker 1: his country is ready to shoot down any foreign aircraft

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Speaker 1: crossing into its territory without authorization. This after a series

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Speaker 1: of Russian incursions into NATO airspace. His comments come as

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Speaker 1: the UN Security Council gathers in New York for an

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Speaker 1: emergency meeting today to discuss the latest breach in Estonia

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Speaker 1: last week. The government there says the incursions are part

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Speaker 1: of a wider Russian campaign to test NATO's preparedness. More

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Speaker 1: than one hundred and fifty world leaders are gathering in

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Speaker 1: New York for the UN General Assembly. It kicks off

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Speaker 1: tomorrow in New York. But security is already extra tight.

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Speaker 1: As we learn from Bloomberg's Miles Miller.

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Speaker 6: This United Nations General Assembly comes on the backdrop of

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Speaker 6: the assassination of Charlie Kirk and so that means extra security,

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Speaker 6: and they're studying that shooting to make sure that if

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Speaker 6: something were to happen in Manhattan, they know how to

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Speaker 6: get these one hundred and fifty leaders and their spouses

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Speaker 6: to where they need to get.

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Speaker 1: To Bloomberg's Miles Miller in New York. And the US

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Speaker 1: has all but stopped paying its bills to the UN

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Speaker 1: since Donald Trump took office. The UNS as the US

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Speaker 1: owes more than three billion dollars. If the President keeps

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Speaker 1: refusing to pay up, the US could lose its vote

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Speaker 1: in the UN General Assembly. Or A health is the

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Speaker 1: maker of the popular or a health and fitness ring.

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Speaker 1: It's closing in on a roughly eleven billion dollar valuation

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Speaker 1: after selling about three million rings just in the past year.

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Speaker 1: CEO Tom Hale.

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Speaker 7: We have shipped five point five million rings in the

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Speaker 7: history of the company, but half of those have come

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Speaker 7: in the last twelve months. So as we've doubled our business,

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Speaker 7: we've doubled the number of people have rings just in

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Speaker 7: the last twelve months alone.

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Speaker 1: Or A Health CEO Tom Hale on Bloomberg Television. That's

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

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Speaker 1: Amy Morris. This is Bloomberg