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Speaker 1: News when you want it with Bloomberg News Now, i'med Kleggi.

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Speaker 1: Microsoft is investigating whether a leak from its early alert

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Speaker 1: system for cybersecurity companies allowed Chinese hackers to exploit flaws

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Speaker 1: in its SharePoint service before they were patched. This according

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Speaker 1: to people familiar with the matter. The technology company is

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Speaker 1: looking into whether the program, designed to give cybersecurity experts

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Speaker 1: a chance to fix computer systems before the revelation of

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Speaker 1: news security concerns, led to the widespread exploitation of vulnerabilities

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Speaker 1: in its SharePoint software globally over the past several days.

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Speaker 1: The Wall Street Journal reports that Health and Human Services

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Speaker 1: Secretary Robert F. Kennedy Junior plans to oust members of

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Speaker 1: the advisory board that decides which preventative health measures are

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Speaker 1: covered by insurance. Kennedy is expected to remove the sixteen

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Speaker 1: members of the US Preventative Services Task Force because he

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Speaker 1: views them as woke. The Journal reported this signing sources

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Speaker 1: familiar with the matter. The task Force makes recommendations about

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Speaker 1: the best preventive services, including cancer screenings, behavioral counseling, and medications,

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Speaker 1: for the federal government based on a review of scientific evidence.

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Speaker 1: Their group was created in nineteen eighty four and as

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Speaker 1: comprised of volunteer physicians who were vetted for their conflicts

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Speaker 1: of interest. Wall Street wraps up the trading week at

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Speaker 1: a record We get more on this from Bloomberg's Charlie Pellett.

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Speaker 2: The S and P five hundred index is now at

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Speaker 2: sixty three eighty eight, ending the week with a gain

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Speaker 2: of about one and a half percent. Stock's advanced amid

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Speaker 2: a solid earning season and hopes for trade deals. Progress

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Speaker 2: on trade, positive economic data, and signs of corporate resilience

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Speaker 2: of offset worries that stocks are overheating, with more than

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Speaker 2: eighty percent of S and P five hundred companies exceeding

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Speaker 2: profit estimates. For the week, the Dow was up one

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Speaker 2: point three percent. NASDACK advanced one percent in New York.

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Speaker 2: Charlie Pellett Bloomberg Radio.

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Speaker 1: European Commission President Ursula vonder Layan said she will travel

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Speaker 1: to Scotland this weekend to meet with President Trump, as

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Speaker 1: the two sides aimed to conclude a trade deal ahead

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Speaker 1: of in August first deadline, when thirty percent tariffs on

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Speaker 1: the blocks exports are otherwise due to kick in. After

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Speaker 1: months of talks in shuttle diplomacy between Brussels and Washington.

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Speaker 1: The two sides have been zeroing in on an agreement

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Speaker 1: this past week that would see the EU phase fifteen

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Speaker 1: percent tariffs on most of its trade. Bloomberg previously reported

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Speaker 1: limited exemptions are expected for aviation, some medical devices in

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Speaker 1: generic medicines, several spirits, and a specific set of manufacturing

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Speaker 1: equipment that the US needs. Israeli Prime Minister of Benjamin Netanyah,

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Speaker 1: who said Fridi his government was considering alternative options to

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Speaker 1: cease fire talks with a mass after Israel and the

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Speaker 1: US recall their negotiating teams, throwing the future of the

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Speaker 1: negotiations into further uncertainty. Netanyah, who's statement came as a

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Speaker 1: Hamas official, said negotiations were expected to resume next week

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Speaker 1: and portrayed the recall of the Israelian American delegations as

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Speaker 1: a pressure tactic. We get more from Bloomberg's Jamano burkeetche

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Speaker 1: in Dubai.

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Speaker 3: There were hopes that maybe a ceasefire would be agreed

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Speaker 3: to once again between Hama and the Israeli side, but

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Speaker 3: as we found out in the last twenty four hours,

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Speaker 3: negotiations have broken down and the US have fully withdrawn

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Speaker 3: their teams now from Doha at Steve Whitcoff, the US

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Speaker 3: Middle East Envoy, saying that Hamaser not acting.

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Speaker 1: In good faith, and Bloomberg's germana Burguecci says Following that

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Speaker 1: pull out, French President Emmanuel mal Crone said he would

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Speaker 1: recognize Palestine as a state this fall. Secretary of State

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Speaker 1: Mark Arrubio called that move a slap in the face

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Speaker 1: to the October seventh victims. A federal judge Fridday blocked

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Speaker 1: the Trump administration from ending birthright citizenship for the children

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Speaker 1: of parents who are in the US illegally, issuing the

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Speaker 1: third Court ruling blocking the birthright order nationwide. It's a

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Speaker 1: key Supreme Court decision. In June, US District Judge Leo

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Speaker 1: Serrocn found that a nationwide injunction granted to more than

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Speaker 1: a dozen states remains in force under an exemption to

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Speaker 1: the Supreme Court ruling. The states have argued that Trump's

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Speaker 1: birthright citizenship order is blatantly unconstitutional and threatens millions of

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Speaker 1: dollars for health insurance services that are contingent on citizenship status.

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Speaker 1: The issue is expected to move quickly back to the

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Speaker 1: nation's highest court. The Federal Reserve is offering a note

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Speaker 1: of thanks on social media to President Trump after his

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Speaker 1: visit to the Central Bank's headquarters, where he kept up

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Speaker 1: some of his criticism over its cost overruns. Bloomberg's Michael

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Speaker 1: McKee has more from New York.

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Speaker 4: The Federal Reserve says they were honored to welcome the

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Speaker 4: President yesterday for a visit to our historic headquarters. We

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Speaker 4: appreciated the opportunity to share progress on the renovation with

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Speaker 4: him and with Senators Tim Scott and Tom Tillis. They're

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Speaker 4: grateful for the President's encouragement to complete this project, and

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Speaker 4: they say they remain committed to continuing to be careful

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Speaker 4: stewards of these resources as we see the product through

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Speaker 4: to completion.

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Speaker 1: Bloomberg's Michael McKee. The Friday numbers on Wall Street, the

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Speaker 1: down was up two oh eight, NASDAK gain fifty, the

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Speaker 1: S and P up twenty five. The ten year Treasury

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Speaker 1: yield is at four point three eight percent, the two

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Speaker 1: year at three point nine two percent. That's news when

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Speaker 1: you want it. With Bloomberg News Now, I made Kleggy.

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Speaker 1: This is Blomberg