Nathan Hager

But at the open, defense names like Northrop Grumman are up eight percent.

Lockheed Martin's up six and a half percent.

RTX is higher by nearly three percent.

The Warner Brothers Discovery bidding war continues.

Paramount Skydance has reaffirmed its hostile bid of $30 a share, saying it's still superior to Netflix's offer despite multiple rejections from Warner's board.

Paramount Skydance at the open is little changed.

Warner's is down a half percent.

We got our last look at the labor market before tomorrow's December jobs report.

Bloomberg's Michael McKee has the latest weekly jobless claims.

Bloomberg's Mike McKee reports the U.S.

trade deficit shrank the most since 2009.

In October, $29.4 billion.

Economists surveyed by Bloomberg were looking for 58.7.

Labor productivity jumped to 4.9 percent in the third quarter for its strongest pace in two years.

adding to signs efficiency is keeping wages from driving up inflation.

Right now, the markets are pricing in about two rate cuts from the Federal Reserve this year.

Fed Governor Stephen Myron says he'd go way further than that.

Fed Governor Stephen Myron tells Bloomberg surveillance the economy could add about a million jobs without adding to price pressures.

You can catch our full conversation on the Bloomberg podcast page on YouTube.

And that's news when you want it.