Karen Moskow

The Nasdaq down a third of a percent.

10-year Treasury yield 4.08%.

NYMEX crude oil at $66.47 a barrel.

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

I'm Karen Moskow and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Karen Moskow.

We're going to bring you some breaking economic news in just a moment, but first, the latest on the Epstein files.

The retail tycoon behind Victoria's Secret is going to answer lawmakers' questions in private today about his longtime money manager, Jeffrey Epstein.

Bloomberg's Laura Duszynski has more on today's deposition with L Brand's founder, Les Wexner.

And that's Bloomberg's Laura Duszynski.

Meanwhile, Paris prosecutors have opened two new investigations tied to Epstein, and they're calling on possible victims in France to come forward.

Prosecutors say one case covers sex abuse crimes and the other covers financial wrongdoing.

European Central Bank President Christine Lagarde is expected to step down from her role before her eight-year term ends in October 2027.

That from the Financial Times.

It reports Lagarde wants to leave before the French presidential election in April next year, which would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to find her replacement together.

Japan plans to invest $36 billion in U.S.

energy and critical minerals projects as part of its $550 billion pledge under the trade deal with President Trump.

Bloomberg Global Trade Editor Brendan Murray says one of the biggest projects is right in the nation's heartland.

And that's Bloomberg's Brandon Murray, who says the Ohio facility alone could generate the power equivalent of nine nuclear reactors.