NASA Crew-12 Launch, Trump Weighs Narrow Metal Tariffs, More
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News when you want it with Bloomberg News Now. I'm Nathan Hager. All systems go for NASA Crew-12. And liftoff. Freedom flies bound for the International. SpaceX provided the sound of the Falcon 9 launch from Cape Canaveral at 5.15 Eastern time this morning. Four astronauts from the U.S., Europe and Russia are replacing a crew that left early from the International Space Station last month on NASA's first ever medical evacuation. The eight to nine month mission will include research on the benefits of meditation in space. Back on Earth, the White House is reportedly meditating on narrowing President Trump's broad steel and aluminum tariffs. Bloomberg Global Trade Editor Brendan Murray says some of those duties proved complicated for business.
The administration rolled out a lot of tariffs last year, steel and aluminum included, in a sort of rushed and chaotic way. And it feels like what we're hearing now is they're kind of course correcting and trying to narrow things down. And obviously they're hearing a lot of complaints from consumers and members of Congress that the tariffs have become overly burdensome and they're trying to scale it back.
Bloomberg's Brendan Murray reports the European Union's been pushing to reduce the 50 percent tariff on metals as part of its trade deal with the U.S. and plus duties on so-called derivative products have been tough for companies to calculate. Another government shutdown may be hours away. This one just for the Department of Homeland Security. The Senate has left for a week-long recess after failing to advance a bill to fund the agency without changes to immigration enforcement. Democratic Senator Chris Murphy is standing firm.
We have a constitutional obligation. to only fund a Department of Homeland Security that is obeying the law. And this Department of Homeland Security is not obeying the law.
Connecticut Democrat Chris Murphy. We get more from Bloomberg Government Capitol Hill reporter Maeve Sheehy.
It just shows how stalled negotiations are between the White House and between Senate Democrats and how far apart they are and what we're looking at.
now really is how long this could last um and it could be a pretty long shutdown considering that it's just one agency bloomberg government's mave sheehy in the nation's capital there's yet more fallout from the jeffrey epstein files the top lawyer at goldman sachs kathy rummler is leaving the firm at the end of june that's after the latest cash of justice department documents showed her links to the late sex offender more from bloomberg finance reporter harry wilson what we're seeing is uh
A whole host of people around the world, often very wealthy, very influential people, being caught up in this, I guess, ever-growing scandal.
Bloomberg's Harry Wilson reports Kathy Rumler was White House counsel in the Obama administration before she joined Goldman in 2020.
What are the highlights of NASA Crew-12's mission?
The latest Epstein files also show the financier hired a number of individuals and companies to clean up his online image after his conviction in 2008. Hundreds of pages show Epstein paid upwards of $12,500 a month to firms that would go after negative stories online, edit his Wikipedia page, and promote puff pieces on his philanthropy to game the search engine results. On Wall Street, futures are lower this morning after yesterday's 2% plunge for the Nasdaq. Today, we get the January consumer price index a few days late due to the last government shutdown. Conference board senior U.S. economist Yelena Shelyacheva says January numbers are typically tricky.
Companies tend to set prices in the beginning of the year, so... Obviously, the statistical agencies try to account for that and try to adjust for those regular seasonal movements, but it's not always perfect.
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