1 00:00:01,040 --> 00:00:04,360 Speaker 1: News when you want it with Bloomberg News now I 2 00:00:04,440 --> 00:00:08,240 Speaker 1: med Kalegi, Israel attacked military targets in Iran with pre 3 00:00:08,320 --> 00:00:11,360 Speaker 1: dawn air strike Saturday, in retaliation for the barrage of 4 00:00:11,400 --> 00:00:16,000 Speaker 1: ballistic missiles the Islamic Republic fired on Israel earlier this month. 5 00:00:16,320 --> 00:00:19,880 Speaker 1: It was the first time Israel's military has openly attacked Iran. 6 00:00:20,200 --> 00:00:23,880 Speaker 1: The Israeli military said its aircraft targeted facilities that Iran 7 00:00:24,000 --> 00:00:26,840 Speaker 1: used to make the missiles fired at Israel, as well 8 00:00:26,840 --> 00:00:29,800 Speaker 1: as service to air missile sites. Crucially, there was no 9 00:00:29,880 --> 00:00:33,800 Speaker 1: indication that Iran's oil or nuclear sites were struck. Iran 10 00:00:33,840 --> 00:00:37,000 Speaker 1: insisted the strikes caused only limited damage, and Iranian state 11 00:00:37,040 --> 00:00:40,559 Speaker 1: run media downplayed them. Taken together, the move suggested, at 12 00:00:40,640 --> 00:00:43,120 Speaker 1: least for now, that both countries are trying to avoid 13 00:00:43,360 --> 00:00:47,120 Speaker 1: a more serious escalation. Donald Trump and Kamala Harris are 14 00:00:47,120 --> 00:00:49,680 Speaker 1: blitzing through the blue wall states that are expected to 15 00:00:49,720 --> 00:00:52,879 Speaker 1: determine the outcome of the US election, betting on high 16 00:00:52,960 --> 00:00:55,640 Speaker 1: profile events over the weekend to help drive voters to 17 00:00:55,680 --> 00:00:59,120 Speaker 1: the polls. November fifth, former First Lady Michelle Obama, one 18 00:00:59,120 --> 00:01:02,640 Speaker 1: of the most popular figures in democratic politics, joined the 19 00:01:02,680 --> 00:01:06,480 Speaker 1: Vice President for a rally in Kalamazoo, Michigan. Saturday. Trump 20 00:01:06,560 --> 00:01:09,600 Speaker 1: also visited the Wolverine State, holding a midday rally before 21 00:01:09,600 --> 00:01:12,520 Speaker 1: heading to an event in Pennsylvania ahead of his Sunday 22 00:01:12,560 --> 00:01:15,720 Speaker 1: appearance at Madison Square Garden in New York City. Aides 23 00:01:15,800 --> 00:01:18,720 Speaker 1: have billed that appearance as the launch of his closing argument. 24 00:01:19,080 --> 00:01:21,800 Speaker 1: President Joe Biden rejoined the campaign trail with a trip 25 00:01:21,840 --> 00:01:25,000 Speaker 1: to Pittsburgh on Saturday. City Group says it's time to 26 00:01:25,040 --> 00:01:27,440 Speaker 1: take profits on some trades tied to a potential win 27 00:01:27,520 --> 00:01:31,160 Speaker 1: by former President Trump in next month's election. The story 28 00:01:31,160 --> 00:01:33,600 Speaker 1: from Bloomberg's Charlie Pellett in an oe. 29 00:01:33,640 --> 00:01:36,839 Speaker 2: The firm said historic data show much of the swings 30 00:01:36,880 --> 00:01:41,039 Speaker 2: in asset prices happen ahead of an actual election, so 31 00:01:41,200 --> 00:01:44,559 Speaker 2: it's best to lock in gains on key wagers even 32 00:01:44,600 --> 00:01:49,480 Speaker 2: as investors increasingly see Trump as the favorite. Dirk willerp 33 00:01:49,640 --> 00:01:53,520 Speaker 2: City's global head of macro research and asset Allocation, says 34 00:01:53,800 --> 00:01:56,720 Speaker 2: we have been running long Trump trades for some time. 35 00:01:57,160 --> 00:02:00,800 Speaker 2: He says, despite investors concluding the Trump would be the victor, 36 00:02:01,160 --> 00:02:04,800 Speaker 2: the polling bias is only moderately in his favor. We 37 00:02:04,920 --> 00:02:08,600 Speaker 2: therefore take profits in some of our Trump biased election trades, 38 00:02:08,600 --> 00:02:12,160 Speaker 2: but leave certain structures on the table. In New York, 39 00:02:12,320 --> 00:02:14,160 Speaker 2: Charlie Pellett Bloomberg. 40 00:02:13,680 --> 00:02:17,480 Speaker 1: Radio, the nation's biggest civil rights organization is diving into 41 00:02:17,520 --> 00:02:20,840 Speaker 1: the world of investing. Bloomberg's Tracy Junkie has more. 42 00:02:21,080 --> 00:02:25,359 Speaker 3: The NAACP is launching his first impact fund for investing 43 00:02:25,480 --> 00:02:29,480 Speaker 3: in fund managers and startups, focused on closing financing gaps 44 00:02:29,520 --> 00:02:32,760 Speaker 3: faced by founders of color. Last year, venture funding the 45 00:02:32,800 --> 00:02:35,840 Speaker 3: black founded startups fell to a seven year low. The 46 00:02:35,919 --> 00:02:39,240 Speaker 3: N DOUBLEACP is seeking to raise two hundred million dollars 47 00:02:39,480 --> 00:02:42,919 Speaker 3: and has tapped a venture capital investor, Jay Lundy as 48 00:02:43,000 --> 00:02:47,239 Speaker 3: managing director of what is calling N DOUBLEACP Capital. Tracy 49 00:02:47,320 --> 00:02:48,640 Speaker 3: Jonkie Bloomberg Radio. 50 00:02:48,720 --> 00:02:53,000 Speaker 1: The top Chinese official says China's recently unveiled stimulus aims 51 00:02:53,040 --> 00:02:56,440 Speaker 1: to boost consumption. Bloomberg's Denise Pellegrini has more. 52 00:02:56,680 --> 00:03:00,320 Speaker 4: China's Vice Finance Minister ne Al Minh says phis skull 53 00:03:00,360 --> 00:03:03,919 Speaker 4: moves will be quite large, and he says China will 54 00:03:04,000 --> 00:03:07,640 Speaker 4: hit its planned five percent or so GDP target. Speaking 55 00:03:07,639 --> 00:03:10,919 Speaker 4: to Bloomberg News from the sidelines of the International Monetary 56 00:03:10,960 --> 00:03:14,920 Speaker 4: Fund and World Bank Annual meetings. Leal also said specific 57 00:03:14,960 --> 00:03:18,480 Speaker 4: details of China's fiscal policy will only come after the 58 00:03:18,560 --> 00:03:22,520 Speaker 4: National People's Congress Standing Committee meeting scheduled to start early 59 00:03:22,600 --> 00:03:26,560 Speaker 4: next month. Chinese officials have recently unleashed their boldest economic 60 00:03:26,600 --> 00:03:30,520 Speaker 4: stimulus since the pandemic. That's after weak economic data at 61 00:03:30,560 --> 00:03:33,840 Speaker 4: a massive real estate crash indicated Beijing could miss its 62 00:03:33,840 --> 00:03:37,360 Speaker 4: annual expansion target. Denise Pelygritty Bloomberg Radio. 63 00:03:37,600 --> 00:03:40,880 Speaker 1: Getting onions on your order at many fast food chains 64 00:03:40,920 --> 00:03:45,080 Speaker 1: this weekend may not be too easy. Young brands Burger King, Chipotle, 65 00:03:45,320 --> 00:03:47,720 Speaker 1: Pizza Hut, and Moore are joining the list of companies 66 00:03:47,760 --> 00:03:51,240 Speaker 1: removing onions from some locations due to a deadly E 67 00:03:51,360 --> 00:03:55,000 Speaker 1: coli outbreak link to McDonald's. The fast food chains onion 68 00:03:55,040 --> 00:03:57,920 Speaker 1: supply or tailor Farms issued a recall of some yellow 69 00:03:57,920 --> 00:04:02,200 Speaker 1: onion batches despite finding no traces of E. Coli. Friday's 70 00:04:02,200 --> 00:04:04,240 Speaker 1: first game of the World Series between the New York 71 00:04:04,320 --> 00:04:07,000 Speaker 1: Yankees and the Los Angeles Dodgers drew an average of 72 00:04:07,000 --> 00:04:10,000 Speaker 1: fifteen point two million viewers, the largest audience for the 73 00:04:10,040 --> 00:04:13,560 Speaker 1: Fall Classics debut since twenty seventeen. Fox aired the game 74 00:04:13,600 --> 00:04:17,520 Speaker 1: on its main broadcast network as well as Fox Deportes, Univision, 75 00:04:17,560 --> 00:04:20,960 Speaker 1: and Fox Sports streaming services. Viewership of the much anticipated 76 00:04:21,000 --> 00:04:23,480 Speaker 1: batchup was up sixty two percent for the nine point 77 00:04:23,480 --> 00:04:26,520 Speaker 1: four million people who watched last year's Game one between 78 00:04:26,560 --> 00:04:30,760 Speaker 1: the Arizona Diamondbacks and the Texas Rangers. Production markets have 79 00:04:30,800 --> 00:04:33,599 Speaker 1: been around for years, but their ability to change reality 80 00:04:33,680 --> 00:04:37,480 Speaker 1: is increasing. Could political betting swing the US selection? You 81 00:04:37,480 --> 00:04:40,760 Speaker 1: can read all about it in Bloomberg's weekend edition, exploring 82 00:04:40,760 --> 00:04:43,600 Speaker 1: the places where finance, life and culture meet. Find it 83 00:04:43,600 --> 00:04:46,839 Speaker 1: now on Bloomberg dot com in the Bloomberg Business app. 84 00:04:47,240 --> 00:04:49,839 Speaker 1: That's news when you want it with Bloomberg News Now. 85 00:04:50,160 --> 00:04:52,560 Speaker 1: I made Kleggi and this is Bloomberg