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Speaker 1: News when you want it with Bloomberg News Now, i'md Caleggie.

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Speaker 1: The Pentagon says it received an anonymous one hundred and

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Speaker 1: thirty million dollars donation to pay the military during the

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Speaker 1: US government's shutdown, a move the administration might not legally

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Speaker 1: be able to carry out. Chief Pentagon spokesman Sean Parnell

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Speaker 1: said Friday in a statement that the donation was made

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Speaker 1: on the condition that it be used to offset the

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Speaker 1: cost of service members salaries and benefits. The donation, if used,

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Speaker 1: as the latest in a series of legally questionable federal

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Speaker 1: budget maneuvers that has allowed President Trump to seize greater

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Speaker 1: control of government functions amid the shutdown, which has stretched

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Speaker 1: into its fourth week. The US Appeals Court that earlier

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Speaker 1: this week allowed President Trump's deployment of troops to Portland, Oregon,

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Speaker 1: put its ruling on hold until October twenty eighth while

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Speaker 1: it weighs the state's request for a rare reconsideration of

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Speaker 1: the matter. The ninth US Circuit Court of Appeals in

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Speaker 1: San Francisco Friday issued a so called administer straight of

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Speaker 1: stay on an October twentieth ruling by a sharply divided

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Speaker 1: three judge panel. This stay means an October fourth decision

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Speaker 1: by a lower court judge to block deployment is back

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Speaker 1: in effect for at least the next several days. The

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Speaker 1: Ontario government plans to stop running the anti tariff advertisement

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Speaker 1: that irked President Trump. Ontario Premier Doug Ford said in

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Speaker 1: a post on x that the government funded ad, which

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Speaker 1: featured excerpts of President Ronald Reagan criticizing tariffs, will stop

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Speaker 1: appearing after Friday and Saturday's World Series games. Following Trump's

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Speaker 1: criticism of it, Ford said that following a conversation with

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Speaker 1: Prime Minister Mark Karney, he'd pause the ads starting Monday

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Speaker 1: so that trade talks can resume. President Trump will look

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Speaker 1: to sign economic agreements and critical minerals deals with trading

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Speaker 1: partners during his Asia trip as the administration moves to

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Speaker 1: ramp up pressure on China ahead of a crucial meeting

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Speaker 1: with Xijunping. Trump will look for deals that will help

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Speaker 1: unlock the region's resources, to create more reliable supply chains

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Speaker 1: for industries, contribute to global growth, and secure more investments

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Speaker 1: in the US. Officials did not offer specifics on what

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Speaker 1: the deals the president is seeking may entail. Wall Street

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Speaker 1: saw a relief rally as cooler than estimated inflation data

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Speaker 1: reinforced trader conviction on Federal Reserve interest rate cuts. Stocks

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Speaker 1: extended their October advance, with the S and P five

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Speaker 1: hundred hitting all time hyes on bets that policy easing

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Speaker 1: will keep powering corporate earnings and initial jump and treasuries

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Speaker 1: waned after manufacturing and service surveys underscored economic resilience. The

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Speaker 1: slowest pace in three months for underlying inflation was welcomed

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Speaker 1: by traders, who have been flying almost blind amid the

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Speaker 1: dearth of data since the start of the government shut down.

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Speaker 1: The September Core consumer price index increased point two percent

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Speaker 1: from August on an annual basis, at rose three percent.

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Speaker 1: House Democratic Leader Hakim Jeffrey's commented on Friday's inflation report.

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Speaker 2: Inflation of three percent confirmed that Donald Trump and Republican

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Speaker 2: policies are making life too expensive and now, because of

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Speaker 2: the Republican refusal to extend the Affordable Care Act tax credits,

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Speaker 2: tens of millions of Americans are receiving notices right now

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Speaker 2: that the healthcare premiums are about to skyrocket.

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Speaker 1: Minority Leader Jeffries also commented on efforts in democratic run

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Speaker 1: states to redefine congressional districts after Texas and other Republican

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Speaker 1: states did so.

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Speaker 2: Donald Trump is trying to rig the midterm elections by

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Speaker 2: jerrymandering congressional maps all across the country. Why are they

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Speaker 2: engaging in unprecedented efforts to jerrymanner congressional maps Because Mike

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Speaker 2: Johnson knows the house is gone when the American people

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Speaker 2: are ready to throw them out of office.

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Speaker 1: The US is sending a naval strike group, including its

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Speaker 1: most modern aircraft carrier, to Latin America, sharply escalating a

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Speaker 1: military campaign it's targeted drug cartels and unsettled governments in

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Speaker 1: the region. Defense Secretary Pete Henksith ordered the Gerald R.

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Speaker 1: Ford Carrier strike Group to the region to ulster US

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Speaker 1: capacity to detect, monitor, and disrupt illicit actors and activities

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Speaker 1: that compromise the safety and prosperity of the United States

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Speaker 1: homeland and our security in the Western Hemisphere that according

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Speaker 1: to a statement, Wall Street banks are arranging bets on

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Speaker 1: President Trump's tariffs being struck down by the Supreme Court,

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Speaker 1: longshot trades that could pay off handsomely for hedge funds.

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Speaker 1: Betting against the legality of the administration's flagship policy. Jeffrey's

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Speaker 1: Financial Group in Oppenheimer among firms brokering the deals, matching

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Speaker 1: investors with companies that have paid tariffs to import goods

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Speaker 1: into the US. This according to people with knowledge of

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Speaker 1: the matter and corresponden scene by Bloomberg News. NBA Commissioner

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Speaker 1: Adam Silver, in his first public comments since the arrests

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Speaker 1: of Portland coach Chauncey Billups and Miami guard Terry Rogier

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Speaker 1: on gambling related charges, said Friday night he was stunned

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Speaker 1: by the indictments that have rocked the league. Such was

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Speaker 1: a sentiment shared by many around the league on Friday,

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Speaker 1: one day after the indictments were unsealed. In near early

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Speaker 1: three dozen people, most notably Billips and Rogier were arrested

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Speaker 1: by officials. Game one of the World Series in Toronto

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Speaker 1: Friday night, the Blue Jays defeated the Dodgers eleven four.

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Speaker 1: The Friday numbers on Wall Street, the Dow was up

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Speaker 1: four seventy two, closing for the first time over forty

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Speaker 1: seven thousand. Nasdaq added two sixty three. The S and

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Speaker 1: P gained fifty three. The ten year treasurer yield and

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Speaker 1: even four percent. The two year Treasurer yield is at

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Speaker 1: three point four to eight percent. That's news when you

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Speaker 1: want it with Bloomberg News now, I'm mid Kleggy. This

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Speaker 1: is Bloomberg