vonnie: this is "bloomberg markets." i'm vonnie quinn.as given off all of its gains as the market sells off and we learned that disney, fox, and warner bros. discovery announced they were scrapping a venue for a joint sports streaming service that fubo sued against immediately. the litigation was settled. for more on the whole story, already disney owns one third of u.s. ports. perhaps i can understand that with fubo, disney doesn't need this new literal venue. who else does it disadvantage? >> both fox and warner bros. discovery, the original partners, along with disney, in the venue of a joint venture. remember, fox is really leaning heavily into the linear tv ecosystem. they don't have a mainstream streaming service. this really would have helped them to monetize better. definitely for warner bros., this is a negative and for fox a little bit. vonnie: if disney is paying to license sports content from fox, are we going to see things like bidding wars coming back into the system? >> likely. disney is now going to focus their efforts on

vonnie: i'm vonnie quinn, this is "real yield." coming up on monday, the j.p.conference gets underway. plus, earnings from kb homes. tuesday, kdi with confirmation hearings taking off for the trunk cabinet picks. wednesday, december, cpi print with big bank earnings getting underway. a two day bonanza with more big bank earnings. retail sales at the confirmation hearing for treasury secretary. friday, rounding out the week with economic data for china and u.s. housing starts. for my final thought, let's look ahead at that cpi data on wednesday, the all important data next week. will it change the calculus for a federal reserve that has already seen calculus change this week? benign prints are expected with blow away upside surprise today on jobs, which might mean we could see expectations change in the early days of next week. in the meantime, this was the reaction after today's jobs report, equities s off across tard. ♪ lock in let's go. rated e for everyone. [rock and roll music playing] xfinity. made for gaming. rewards members, get early access to an ea spo

vonnie: thank you. we will wait for official word from the white house and other actors and see what this involves. the markets rallying already today. it is hard to tell if there is any cease-fire premium built in but we will see throughout the day. back to the inflation data from earlier and u.s. economic policy. we are joined by former kansas city fed president. he was chair of the fdic and also played a supervisory role for banking while he was at the kansas fed. thanks for joining. does today cpi data put a cut or multiple cuts back in the cards? tom: different people take different interpretations but i thought the cpi was up 2.9%. core was slightly down. overall inflation is not coming down. that is the message i got from it. as i look at the economy more broadly i think we are in what i will call a modest inflationary boom. we are coming off a strong 2024. you saw the bank earnings. strong earnings there. i think our investment in the fiscal side is stimulative. i am all convinced that inflation

the contract vonny was also 1000000000 us dollars. so that's quite a having a contract. and so i news big june of this month and wells worked at bell impulse into over several years. i was working for you loans and i was contacted by an agency i worked for a while at the time. they were like kind of a recruitment agency for just tv and they said there's a job. some people would like you to go in interview for buddies based internet and i was, i told the same size and i think i'm quite happily going to look at that time. so i went along to the interview. he was in a building central london. and it was all very kind of an income, secretive inside of it. and it felt like you were in a building. it wasn't normal. and then there were armed guards. so then i knew things weren't, you know, i just assumed i'd be doing some kind of news, the type of things for them. and that was the role. and then i kind of discovered that, and this was kind of, this is more intelligent space. and at the end of being that your said, the one line that way as lives got the, the job to which he resp

and there are plenty of good reasons for the vonnie is not to trust drum to not to trust the united states and vice versa. the question is, do there interest a line? do they have an interest in trying to see if in that range mince can be put in place? i think trump has an interest. he wants to get out of the middle least he wants to reduce the risk of the us getting dragged in towards over there. he wants to be able to say, as a professor might be all said that he did a better deal that this is good for him. this is about his ego. if you take a look around, there's probably 3 major deals that can be struck by trump within the 1st year. one is between russia and ukraine. one is between israel and saudi arabia and one is between the us and the wrong between the 3. despite the fact that they're all very difficult, it seems to me that the von may actually be the lowest hangings proved for many different reasons, including that the us is the main actor in the to deal making. whereas it is not necessarily in the other ones. and as a result, they may very well end up being the trump prioritizes t

as cost live, once again to algae 00 vonny, and the team in d. c. for more a force and a novice for fully thank you very much, is great to be back with you. that when his 1st term donald trump withdrew, as we know from the landmark paris climate agreement, and we can laws and regulations on environmental protection. so what are the implications of a 2nd? trump term on the slide against climate change? here is options here is environment added to a new clock. there is a unanimous opinion designs about the dangerous reality of climate change and the binding of fossil fuels then says donald trump, we're going to drill baby drills. i gotta bring price down say the incoming leader of the world's 2nd biggest dimension. we're greenhouse gases fully intends to increase fossil fuel extraction. he's also promised to cancel tax credits for electric vehicles and dismantled environmental regulations. and then as the paris climate accord agreed by nations, the weld in 2015 to k temperatures, to 9 more than one and a half degree celsius above pre industrial levels

dealership with all of a for us in most go story, lawyers for the light russian opposition leader. lexi no vonny had been child on charges of belonging to an extremist group. the cold sentence, the 3 minutes of between 3 and a half to 5 years in prison during a closed door trial and must go heads, tends no bodies, activities and networks is extremist thereby implicating his legal team that been held in police custody since october 2023 south korean authorities have applied for an extension to detain, impeached presidency, and so kill. he spent a 2nd night in custody of to investigate his question to him for hours on thursday, june support his have gathered outside the detention center near the capital. so he was arrested on wednesday on charges of insurrection, in connection with his declaration of martial law. in last month. the increasing efforts from both incoming us president donald trump and democratic sentences to prevent a ban on tick tock and america uses protesting against the potential shut down by migrating to another chinese on social media platform called read notes. katrina, you ha

i mean a vonny mosque and con eunice. it was heavily damaged in 15 months of the residence of gauze all the time and to rebuild as soon as possible. but i started to say reconstruction will take years, honey monthly reports from central guns. the 1st of friday prayer, without the sounds of bonds or sirens in more than a year in gaza. the scars of 4 are evidently viewing an estimated 42000000 tons of rubble saves the united nations. rebuilding is no easy task. simple authorities are leaning. the recovery effort on the, the model put them in there. all aspects of life were destroyed, including thousands of kilometers of roads, 600000 meters of water, new york, 1000000 meters of sewage system. more than $400.00 under ground water wells. the r, prioritizing homes, hospitals and schools, as well as water and electricity networks. but the down thing task of removing the mountains of brothers is a fraud with the challenges, particularly a lack of resources that you're going to need of some him know. so that's always tennessee, a

and robert guards this agreement as a new chapter in vonnie and russian relations saying that it opens up a wealth of opportunities for both sides in various sectors including our trade transport and of course security. the pac 12 facilitate trade agreements that could help both countries neutralize western sanctions. i. one of the key aspects of disagreement is to complete the north south corridor, a transport corridor. it's a massive uh transit route and a transit project. uh, which will connect it wrong to russia, and from there to europe and asia are the tool presidents are also discussed international issues including the middle east end of the ukraine conflict. and the surface of can me to clear that the conflict and ukraine must be settled and resolved through dialogue, suggesting that if the west us tops imposing its will on ukraine, peace can be changed. more for the major agreement signed today will open a new chapter in our relations, particularly regarding the trade and economic ties between iran in russia and also we discussed the areas of cooperation in the south caucus i

i'm vonnie quinn.

vonnie: welcome to bloomberg markets. we have risk on rallies as we hit noon in new york.market after core consumer prices eased in december. we are back in the green for the year for the s&p 500. we are off our highs on the session. the nasdaq 100, the key performance metric in these markets, up 1.7% and we have given up 12 of those basis points. we are at 4.67 on the market. the dollar index did strengthen below 1.09. we are back above 1.09 now. the nasdaq gave up 15 basis points this

vonnie: -- brad: what is the solution? is it nuclear? is it fuel cells? how does the industry catch up? marc: how will we get more energy in the world? i'm not really an energy expert. i am a huge bull on fusion. i think what commonwealth energy is doing is incredible. i am an investor in the company and i hope it is a huge success. i also think these modular nuclear plants, there is a new one in texas right now and other places. if you think about it, we have run small nuclear for a long time. everyone knows about nuclear some reads nuclear aircraft carriers. that is what we are talking about. what we take one of those and plug it into our grid? we don't think that way. that is all we are talking about. being able to use the energy we have in the world that is available to us. obviously we have to think about the amount of carbon we are putting in the atmosphere. it is significant, not just from our emissions but the trees and i had to go back there because i know you detest them. we used to have 6 trillion trees on the planet and that we have less than