Dan Schwartzman

Bloomberg's Michael McKee with more details.

That's Bloomberg's Michael McKee.

Meanwhile, the Bureau of Economic Analysis said the reduction in federal services during the shutdown subtracted about one percentage point from GDP, which contradicted President Trump, who posted on social media an hour before the release of the data that the shutdown would cost the U.S., quote, at least two points in GDP.

U.S.

consumer sentiment rising less than expected in February as optimism among wealthier Americans was offset by declining confidence among those who haven't benefited from stock market gains.

People's perception of their current financial situation did improve in February, but 46% of consumers mentioned that high prices were eroding their personal finances.

Jeffrey Epstein's estate and its two co-executors have agreed to pay as much as $35 million to resolve outstanding legal claims of his victims who have not already reached settlements.

The proposed settlement plan is intended to resolve all remaining claims with a class of women who say they were abused sexually or trafficked by Epstein between 1995 and 2019.

Norway continues its domination of the medal count at the Milan-Kortina Olympics with 37 total.

The U.S.

now second with 27.

Norway has also won 17 golds.

That breaks their own record for most golds won at a Winter Olympics.

The U.S.

has won nine gold medals total.

That's news when you want it with Bloomberg News Now.

I'm Dan Schwartzman and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Dan Schwartzman.

In a massive defeat to President Trump's economic agenda, the Supreme Court has struck down Trump's sweeping global tariffs.