JOBS: downside surprise on payrolls and wage growth, upside surprise on unemployment rate

Republican Rep. Bryan Steil discusses where things stand with FAA reauthorization legislation and the attempt to hold a vote on ousting House Speaker Mike Johnson.

Watch Balance of Power on Bloomberg TV and Bloomberg Radio at 1pm ET and 5pm ET on weekdays trib.al/QhJl8Zm

NEW: Trump VP list is winnowing down to Gov Burgum, Sens Rubio, Vance + Scott. They will appear w/donors at RNC retreat in Palm Beach this weekend. No formal meetings with Trump yet to talk about the job (tho he speaks to all of them regularly): bloomberg.com/news/articles/…

BIDEN: 'We are not an authoritarian nation where we silence people or squash dissent. ... 'But. But. Neither are we a lawless country. We're a civil society. And order must prevail. ... Violent protest is not protected, peaceful protest. It's against the law.'

Biden says “no” when asked if the National Guard should intervene on college campuses.

Biden says “no” when asked if the protests have forced him to reconsider any of the policies with regard to the region.

Earlier today, the Arizona Senate voted 16-14 to repeal an 1864 law that would make nearly all abortions a crime.

A lot of these bills are 'unsustainable,' says Cook Political Report Founder Charlie Cook trib.al/WjzkYYW

The US and Saudi Arabia are nearing a historic pact that would offer the kingdom security guarantees and lay out a possible pathway to diplomatic ties with Israel if its government brings the war in Gaza to an end, people familiar with the matter said trib.al/2yeEcyW

I joined Joe Mathieu and Kailey Leinz on set of Bloomberg TV's #BalanceofPower today to discuss the Israel-Hamas war
youtu.be/k4gpD7dxAxU?si…

🚨Exclusive: Huawei has been secretly funding cutting-edge research at American universities including Harvard through an independent Washington-based foundation -- > from Kate O'Keeffe in her first article for Bloomberg bloomberg.com/news/articles/… via Bloomberg Technology

*POWELL: DECISION ON RATE CUT TIMING WILL DEPEND ON THE DATA
*POWELL: UNEXPECTED WEAKENING IN LABOR MARKET COULD WARRANT CUT

Powell says rates are restrictive, says it's highly unlikely for the Fed's next move to be a rate hike. 2-year yields respond as expected:

🚨President Biden to deliver remarks next week on Antisemitism, and the sacred duty to remember and mourn the six million Jews who were systematically murdered by the Nazis and their collaborators.

!!! via Katanga Johnson

JOHNSON statement on motion to vacate: 'This motion is wrong for the Republican Conference, wrong for the institution, and wrong for the country.'

Pavel Butorin spoke to us Bloomberg TV about the wrongful detention of his wife, journalist Alsu Kurmasheva, in Russia. President Biden called on Putin to release her and Evan Gershkovich. Free Alsu and Evan -- bring them home. Journalism is a profession; not a crime.

Everyday, I fight the Democrat agenda destroying America and I fight for an America First Republican agenda.

Mike Johnson is officially the Democrat Speaker of the House. Here is their official endorsement of his Speakership.

What slimy back room deal did Johnson make for the…

BREAKING — HOUSE DEM LEADERSHIP says they’ll vote to table ⁦Rep. Marjorie Taylor Greene🇺🇸⁩’s motion to vacate if she offers it.

Whoa. In his gag order ruling, Judge Merchan laments that Trump can’t be fined more than $1,000 for his violations. “While $1,000 may suffice in most instances to protect the dignity of the judicial system…it unfortunately will not achieve the desired result in those instances…