$5,000 quid pro quo

Bloomberg Morning Briefing Americas  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

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Good morning. Donald Trump vows a $5,000 “dividend” to every US adult citizen if the GOP wins the midterms. Eli Lilly is using its GLP-1 bonanza to bet on women’s health. And the stakes will be high when Trump visits the Irish Open golf event this weekend. Listen to the day’s top stories. — Angela Cullen and Harry Black Market Snapshot S&P 500 Futures 7,654.50 +0.1% Nasdaq 100 Futures 29,427.25 -0.1% Bloomberg Dollar Spot Index 1,186.71 -0.0% Market data as of 05:15 AM ET. Data is subject to provider delays. Your watchlist If it sounds too good to be true, it probably is. Trump offered US voters a quid pro quo: retain the Republican Congressional majority in the midterms, and get a $5,000 dividend. Don’t bet the house on it, though. It’s unlikely the offer will become law and Congress may not embrace a cash payment program with a $1 trillion-plus price tag. Alongside long-shot pledges to eliminate credit card swipe fees and make his tax cuts permanent, it smacks of desperation. Trump’s gamble on Hispanic voters in Texas is also showing signs of backfiring. He’s urging supporters to let him “finish the job.” JD Vance and Marco Rubio have warned the president that the Iran war may stretch through the rest of his term, the WSJ reported. Trump floated renaming the Strait of Hormuz the Trump Strait at the RNC’s midterm convention, while surging tanker rates point to a deepening energy crisis. In a separate development, people familiar said Washington-based lobbying firm Qorvis had hidden ties to Iranian and Russian oil tycoons sanctioned by the US. It denies taking sanctioned money. New Sheriff of ‘Y’all Street’ Beefs Up as Finance Heads to Texas Read more In AI news, the DOJ is investigating whether Nvidia structured its $20 billion licensing agreement with chip startup Groq to avoid antitrust review, people familiar said. Anthropic has given the EU access to its Mythos model, months after its release. Oracle’s earnings after today’s close will test the market’s tolerance for heavy AI spending. And Cory Doctorow, author of The Reverse Centaur’s Guide to Life After AI asks the burning question: What happens if the AI boom never pays off? New York is considering a $100 million property tax break for a new Hudson Yards skyscraper that could put Mayor Zohran Mamdani at odds with his progressive base. An arm of the city’s Economic Development Corporation votes Sept. 15 on the measure, which would support a 48-story office building in a neighborhood on Manhattan’s far west side that’s thriving by almost any economic metric. Construction of the $2.7 billion project, known as 99 Hudson Boulevard, is scheduled to begin in January. Deep Dive: Lilly’s Bet on Women’s Health Torria Leggett and Brielle Juliann, her “Mounjaro baby.” Source: Torria Leggett Eli Lilly, buoyed by the success of its GLP-1 weight-loss treatments Zepbound and Mounjaro, has begun laying the groundwork for a broader move into women’s health, including bone conditions and endometriosis. GLP-1s have already shown unexpected benefits in women struggling with fertility issues. Lilly is investing in ways to help patients keep their muscle even as they shed fat. Rapid weight reduction may lead to lean muscle loss, which can increase the potential of developing conditions like osteoporosis. CEO Dave Ricks used the weight-loss bonanza to steer the 150-year-old drug giant to a $1 trillion market cap. Now, he’s targeting acquisitions, as he looks beyond obesity to beat the industry’s boom and bust cycle. The Big Take Turbines on a wind farm near Guamare, Rio Grande do Norte state, Brazil. Photographer: Dado Galdieri/Bloomberg A spare-no-expense hiring spree is sweeping one of the world’s most volatile power markets, with top traders scoring million-dollar pay packages. But don’t think Houston, London or Singapore. Try São Paulo or Rio de Janeiro. Big Take Podcast Behind Trump’s Venezuela Oil Plan Opinion The new 9/11 Memorial Wall at One Police Plaza in New York. Photographer: Kena Betancur/AFP We are still living in the broken world Sept. 11 created, Noah Feldman writes. The way to stave off decline is to gradually rebuild American institutions. That demands not only strength and bravery, but also optimism about what we can accomplish. More Opinions Marc Champion Germany’s AfD Win Is Great News for Putin Chris Hughes Elon Musk Can Hurt His Earth-Bound Rivals, Too Parmy Olson AI Is Killing the App Economy and Building Its Successor Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue is: “Long time no see” / “Yeah, you’re looking good!” e.g. Play now! Before You Go Donald Trump on the 15th green at Trump International Golf Links in Doonbeg, Ireland. Photographer: Brian Lawless/PA Images/Getty Images The stakes will be high when Donald Trump visits Ireland this weekend. He’ll meet Taoiseach Micheál Martin and President Catherine Connolly before heading west to watch the Irish Open at his Doonbeg golf resort. Connolly has previously accused him of acting “like a bully,” and protesters are limbering up. A Couple More Toyota Unveils $2,500 Go-Kart in Bid to Grow Motorsports Fans LIV’s Great Saudi-Backed Assault on Golf Ends With Whimper More From Bloomberg Enjoying Morning Briefing Americas? Get more news and analysis with our regional editions for Asia and Europe. 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