Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning, I'm Nathan Hager and I'm Amy Morris. Here
Speaker 2: are the stories we're following today.
Speaker 3: First, let's look at snow hitting the Northeast today. A
Speaker 3: winter store morning is in effect from New York to Boston.
Speaker 3: New York City Mayor Eric Adams made the call yesterday
Speaker 3: to close city schools.
Speaker 4: We expect at least of five to eight inches.
Speaker 5: Now we could get more.
Speaker 3: And in Boston, Mayor Michelle Woo's taking similar precautions.
Speaker 6: We will likely get between eight and twelve inches of
Speaker 6: snow total.
Speaker 2: That it will come down pretty heavily during the morning commute.
Speaker 3: So the snow is here, but when will it end
Speaker 3: and how much what we actually get. Bloomberg Meteorologist Rob
Speaker 3: Carolyn joins us with those details.
Speaker 7: Rob, Nathan, the snow has commenced in the Tri state
Speaker 7: area and it will be developing this morning in the
Speaker 7: Boston area. Right now, it looks like the New York
Speaker 7: City area is going to see the maximum amount of
Speaker 7: snow from this storm, about six to nine inches for
Speaker 7: the city and the immediate suburbs north of the city.
Speaker 7: Well west of the city, it's a four to eight
Speaker 7: inch snowfall. It should taper off by about three four
Speaker 7: o'clock this afternoon. In fact, sky so clearer in the
Speaker 7: Boston area, looks like a three to six inch snowfall
Speaker 7: is likely, most of it falling between nine o'clock this
Speaker 7: morning and three the same afternoon. Should be done in
Speaker 7: the Boston area about five o'clock this afternoon. Looks like
Speaker 7: the areas to the north of Boston will seem much less.
Speaker 7: In fact, towards the New Hampshire line, just outside of
Speaker 7: Root four ninety five, snowfall and mounts are probably going
Speaker 7: to be less than an inch.
Speaker 3: I'm Rob, Carolyn Bloomberg Radio.
Speaker 2: All right, thank you Rob. The snow could also impact
Speaker 2: voting on Long Island. Today, residents of New York's third
Speaker 2: District head to the polls to pick a replacement for
Speaker 2: disgraced former Representative George Santos. The contest pits Democrat Tom
Speaker 2: Swazi against Republican Mazi Melissa Pillop, and the race is
Speaker 2: seen as a referendum on President Biden's policies. Don Levy
Speaker 2: has been conducting polling in the district. He's director of
Speaker 2: the Siena College Research Institute.
Speaker 8: In this poll, even though these are special election voters,
Speaker 8: these are people are going to turn out on a
Speaker 8: Tuesday in February. We're thinking that turnout will be no
Speaker 8: more than twenty five percent. Know that this is a
Speaker 8: district that in a presidential year this year, we're probably
Speaker 8: going to be looking at sixty two to sixty five percent. Still,
Speaker 8: we ask these voters, in addition to who are you
Speaker 8: going to vote for on Tuesday to thirteenth, if your
Speaker 8: vote for president was right now, would you vote for
Speaker 8: Joe Biden or Donald Trump? And this district moves nine
Speaker 8: points in Trump's erection. So instead of a four point
Speaker 8: Democratic advantage when we pitt Biden against Trump, Trump is
Speaker 8: five points up in this district amongst these highly motivated.
Speaker 3: Special election voters.
Speaker 8: So again, if indeed it turns out that Swazi wins
Speaker 8: by this four and to whatever extent there are any
Speaker 8: exit polls at all, and these very same voters would
Speaker 8: prefer Trump, that's going to weigh heavily on the national
Speaker 8: discussion moving forward.
Speaker 2: Don Lovey with Cena College says today results could weigh
Speaker 2: heavily on the outlook for November's election.
Speaker 3: I meantime, amy Donald Trump is weighing in on leadership
Speaker 3: at the Republican National Committee. The former president endorsing his
Speaker 3: daughter in law, Laura Trump, to help lead the RNC
Speaker 3: as co chair. He's also pushing RNC General Counsel Michael
Speaker 3: Wattley to be the next chair. Sources tell us the
Speaker 3: current RNC leader Roni McDaniel is in discussions to step down.
Speaker 2: On Capitol Hill today, House Republicans will make a second
Speaker 2: attempt to move impeachment articles against Homeland Security Secretary Alejandro Miyorcas.
Speaker 2: They're planning for a vote this evening after last week's
Speaker 2: attempt fell just one vote short. Republican Majority leader Steve
Speaker 2: Scalise missed that session, but he is expected to attend today.
Speaker 3: Amy, let's turn to the Middle East now, where fighting
Speaker 3: in Gaza remains front and center. Israeli Prime Minister Benjamin Netanyah,
Speaker 3: who is preparing for a ground battle in Rafa, where
Speaker 3: the United Nations says roughly one point four million Palestinians
Speaker 3: are sheltering. Bloomberg's Nancy Lyons has more on the US response.
Speaker 1: US National Security Council spokesman John Kirby says, before Israel
Speaker 1: goes any further, it needs a plan to protect civilians.
Speaker 9: We don't believe that it's advisable to go in in
Speaker 9: a major way in Rafa without a proper, executable, effective
Speaker 9: and credible plan for the safety of the more than
Speaker 9: a million Palestinians that are taking refuge in Rafa.
Speaker 1: The Chief prosecutor of the International Criminal Court says Israel
Speaker 1: could face war crime charges if it does push ahead
Speaker 1: with its ground invasion of Rafa. In Washington, Nancy lyons
Speaker 1: Bloomberg Radio.
Speaker 2: Thank you, Nancy. Let's turn our focus to Wall Street now,
Speaker 2: where markets are laser focused on inflation. Today we get
Speaker 2: the latest reading on US consumer prices at eight thirty am.
Speaker 2: Eastern traders hope the data will push the Federal Reserve
Speaker 2: closer to cutting rates. That Governor Michelle Bowman says, it's
Speaker 2: still too soon to make that call.
Speaker 10: I think it's too soon to have an expectation that
Speaker 10: or to measure or project when and how much I
Speaker 10: think we might be lowering the policy rate. I think
Speaker 10: the progress that we're making on inflation is very positive.
Speaker 2: That Governor Michelle Bowman says, Risks still remain when it
Speaker 2: comes to inflation. Economists predict today's report will show a
Speaker 2: two tenths of one percent gain in consumer prices in January.
Speaker 2: That would amount to an annual inflation rate of two
Speaker 2: point nine percent.
Speaker 3: Speaking of Gaines, Amy, Sunday Super Bowl broke records CBS
Speaker 3: as the game saw the most viewers ever. One hundred
Speaker 3: and twenty three million people tuned in to watch the
Speaker 3: Chiefs beat the Niners in ot That's a seven percent
Speaker 3: increase from the previous viewership high set just last year.
Speaker 2: And betting on the Super Bowl set of record gamblers
Speaker 2: in Nevada wagered a record one hundred and eighty five
Speaker 2: million dollars on the game. That's twenty one percent more
Speaker 2: than last year.
Speaker 3: And another note from the world of sports, Tiger Woods
Speaker 3: is launching a new brand. After ending his deal with Nike,
Speaker 3: the golf legend has signed a deal with Taylor Made Golf.
Speaker 3: Together they will create an apparel line called Sun Day Red.
Speaker 3: It's set to debut in May.
Speaker 2: Time now for a look at some of the other
Speaker 2: stories making news around the world, and for that we're
Speaker 2: joined by Bloomberg's John Tucker.
Speaker 3: Good Morning John, and Amy.
Speaker 11: Donald Trump appealing to the US Supreme Court again, this
Speaker 11: time to try to put the Washington, d C. Election
Speaker 11: trial on hold. Let's get more this morning in this
Speaker 11: report from Bloomberg's at Baxter.
Speaker 6: This is the criminal trial charging him with trying to
Speaker 6: overturn the twenty twenty election. He wants the hold on
Speaker 6: while he appeals another court ruling that rejected his bid
Speaker 6: for immunity from any prosecution. Trump has repeatedly pushed to
Speaker 6: delay deadlines and has argued a number of times that
Speaker 6: any trial be held after the general election. He, if
Speaker 6: he wins, could order the Justice Department to drop the
Speaker 6: case at that time. How fast the court could rule
Speaker 6: on this is an unanswered question at Baxter Bloomberg Radio.
Speaker 11: He sent it. He is poised to vote later this
Speaker 11: morning on a ninety five billion dollar aid bill for Israel, Ukraine,
Speaker 11: and Taiwan. A group of Senate Republicans held an all
Speaker 11: night talking filibuster to voice their opposition. Wisconsin Senator Ron
Speaker 11: Johnson doesn't believe Ukraine can defeat Russia.
Speaker 4: As sympathetic as I am for the Ukrainian people, I
Speaker 4: don't see how setting another sixty billion dollars helps their.
Speaker 11: Play uniform on X spaces, Elon Boss told the Republican
Speaker 11: senators there's no way in hell Russian President Vladimir Putin
Speaker 11: could lose. Muss was joined by Senator Johnson jd Vance
Speaker 11: of Ohio, Mike Lee of Utah, as well as Vivik Ramaswami,
Speaker 11: the former Republican presidential candidate. A House committee investigating anti
Speaker 11: Semitism on college campuses sent a letter to Columbia University
Speaker 11: and its trustees requesting documents and the information regarding various
Speaker 11: incidents it says shows the school's failure to protect Jewish students.
Speaker 11: And eBay is urging a Fadlal court to dismiss the
Speaker 11: government's case, claiming the e commerce company sold multiple products
Speaker 11: that violate environmental and consumer safety laws. The EPA sue
Speaker 11: the Global online Marketplace, claiming the company unlawfully sold harmful chemicals, pasticides,
Speaker 11: and high emission car parts. Global news twenty four hours
Speaker 11: a day and whenever you want it with Bloomberg News Now.
Speaker 11: I'm John Tucker, and this is Bloomberg Amy.
Speaker 2: All right, thank you, John, and we bring you news
Speaker 2: throughout the day here on Bloomberg Radio. But now you
Speaker 2: can get the latest news on demand whenever you want it.
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Speaker 2: at the click of a button. Get informed on your schedule.
Speaker 2: You can listen and subscribe to Bloomberg News Now on
Speaker 2: the Bloomberg Business app, Bloomberg dot com plus Apple, Spotify,
Speaker 2: and anywhere else you get your podcasts. And it is
Speaker 2: time now for our Bloomberg Sports Update. For that, we
Speaker 2: bring in John stash Hour. Hey John Amy.
Speaker 4: The ratings are in and Super Bowl fifty eight was
Speaker 4: the most watched TV program ever. They have made one
Speaker 4: hundred and twenty three point four million tuned in to
Speaker 4: what turned out to be the longest Super Bowl ever.
Speaker 4: The parade for the Chiefs we'll take place tomorrow in
Speaker 4: Kansas City. Mike Zimmer will take over as the defensive
Speaker 4: coordinator in Dallas. He was an assistant for the Cowboys
Speaker 4: from nineteen ninety four to two thousand and six. Later,
Speaker 4: the head coach at Minnesota replaces Dan Quinn. He's now
Speaker 4: the head coach in Washington. A domino effect in college football,
Speaker 4: Jeff Hafley made a surprising move of leaving the job
Speaker 4: as head coach at Boston College of being assistant in
Speaker 4: Green Bay. His job at BC went to Bill O'Brien,
Speaker 4: who was with the Patriots last season, but had taken
Speaker 4: a job to coach the offensive Ohio State so there
Speaker 4: was an opening there and the Buckeys filled it with
Speaker 4: Chip Kelly. He took an even more surprising route, leaving
Speaker 4: a head coaching job at UCLA. That job is now
Speaker 4: going to Deshaun Foster, a former Bruins running back and
Speaker 4: had been an assistant with the Bruins.
Speaker 5: NBA.
Speaker 4: The Warriors when they're fourth in row, they move over
Speaker 4: five hundred to one twenty nine one oh seven win
Speaker 4: a you joh seven Warriors and double figures. Wizards lost
Speaker 4: in Dallas one twelve, one oh four. Luke Dontin twenty
Speaker 4: six points fifteen assists for the Spurs. Rookie Victor Wembanyama
Speaker 4: twenty seven points, fourteen rebounds, ten block shots plus five
Speaker 4: assists the Spurs one by twenty three in Toronto, Philadelphia
Speaker 4: put an end to Cleveland's nine game winning streak, the
Speaker 4: six Ers one by two.
Speaker 3: John Stashanwer Bloomberg Sports.
Speaker 5: From coast to coast, from New York to San Francisco,
Speaker 5: Boston to Washington, DC, nationwide on Sirius Exam, the Bloomberg
Speaker 5: Business appen Bloomberg dot com.
Speaker 3: This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. What
Speaker 3: comes next after George Santos? That is the question that
Speaker 3: voters in New York's wealthiest suburb are going to be
Speaker 3: answering today in a special election that will affect the
Speaker 3: balance of power in the House of Representatives and could
Speaker 3: preview the issues that will affect elections in November. So
Speaker 3: let's bring in Greg Valuere for some analysis on what's
Speaker 3: happening today in New York's third congressional district. Greg is
Speaker 3: the chief US policy strategist at AGF Investments. Greg, good morning.
Speaker 3: I'm sure the voters in the New York third want
Speaker 3: to get past the embarrassment of their previous congressman. Will
Speaker 3: today's election do that or could we be in for
Speaker 3: more of a muddle?
Speaker 12: Maybe more of a muddle, Nathan, good morning. I think
Speaker 12: whether it could be a factor. I think that you
Speaker 12: could see turnout pretty low. But the big story, I
Speaker 12: would argue is here in Washington, with as you say,
Speaker 12: the balance of power shiftings possibly a little bit.
Speaker 3: Okay, So let's talk about these candidates. We have Democrat
Speaker 3: Tom Swase, who's got pretty good name recognition in New
Speaker 3: York's third congressional district pitted against a Republican Masi Melissa Pillop.
Speaker 3: Where do you see this race shaking out?
Speaker 12: Hard to say. Both candidates have spent quite a bit
Speaker 12: of money. I think the Democrat would have to be
Speaker 12: viewed as the slight favorite.
Speaker 3: Why is that?
Speaker 12: I think, as you say, name recognition is pretty good
Speaker 12: for him.
Speaker 3: Name recognition. And also we've seen a lot of really
Speaker 3: interesting issues emerge from this race as well, a lot
Speaker 3: of focus on an issue that has been huge in
Speaker 3: the New York City area, immigration, that could potentially be
Speaker 3: something of a hindrance for a Democratic candidate, couldn't it.
Speaker 12: Yeah, it could. And the totals in Washington are so
Speaker 12: narrow the new speaker, Mike Johnson, probably is only going
Speaker 12: to have a majority of two or three seats, So
Speaker 12: just one seat from Long Island could make a big difference.
Speaker 3: Absolutely, And I would imagine the Democrats are on their
Speaker 3: side trying to pin their previous Congressman, George Santos on
Speaker 3: the candidate looking to succeed him, Republican Mazi Pillup. What
Speaker 3: do you make of that possible effort by the Democrats
Speaker 3: in this race?
Speaker 12: It could succeed a lot again up in the air,
Speaker 12: and I would say that the wildcard here is going
Speaker 12: to be the weather.
Speaker 5: Yeah.
Speaker 3: Absolutely, we do have some significant snow already starting to
Speaker 3: blanket the New York City area. Let's talk a little
Speaker 3: bit about how this could affect the balance of power.
Speaker 3: As you alluded to, it's a razor thin majority that
Speaker 3: Speaker Mike Johnson has. I mean, no matter who gets in,
Speaker 3: it's still going to stay razor thin.
Speaker 12: Right, Absolutely, And it looks like later this week Johnson
Speaker 12: may be forced to hold a vote on aid to Ukraine.
Speaker 12: I think that the opponents of that maybe have a
Speaker 12: two seat majority. So there are so many issues like that,
Speaker 12: like immigration, that every single seat will make a difference.
Speaker 3: And on the issue of immigration, while this vote's happening
Speaker 3: in the New York Third House, Republicans are going to
Speaker 3: try again on impeachment articles against Homeland Security Secretary Alejandro Mayorcis.
Speaker 3: Is this the right move for them on this immigration
Speaker 3: issue to keep pushing against a Secretary Mayorcis when the
Speaker 3: first effort didn't even succeed the last time around.
Speaker 12: Yeah, this is a total waste of time. It would
Speaker 12: never succeed even if it made it in the House.
Speaker 12: The Senate would never approve teaching and convicting him. So
Speaker 12: I think, again, a waste of time. There are so
Speaker 12: many issues right now that need to be addressed. To
Speaker 12: spend time on this, to me is frivolous.
Speaker 3: Not just the impeachment issue, but I mean, we're coming
Speaker 3: up on yet another government shutdown or partial government shut
Speaker 3: down deadline in just a couple of weeks. Is this
Speaker 3: focus on Mayorcis and some of these other issues potentially
Speaker 3: putting shut down back on the table.
Speaker 12: Make a very good point, Nathan. Once again we have
Speaker 12: to go through this nonsense of a government shutdown. There
Speaker 12: are two deadlines. One is the first or second of March.
Speaker 12: The second is in the second week of March. And
Speaker 12: once again it's going to probably be a deadlock. And
Speaker 12: once again there's going to be all this hype about
Speaker 12: maybe a government shutdown. I would argue, in the final analysis,
Speaker 12: we kick the can down the road and we have
Speaker 12: still another extension.
Speaker 13: This is Bloomberg Daybreak Today, your morning brief on the
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Speaker 3: I'm Nathan Hager.
Speaker 2: And I'm Maybe Morris. Join us again tomorrow morning for
Speaker 2: all the news you need to start your day right
Speaker 2: here on Bloomberg Daybreak