Bloomberg News Now: 25 Years After 9/11 Terrorist Attack

News when you want it with Bloomberg News Now. I'm Nathan Hager and I'm Karen Moscow. Karen it may be hard to believe but today marks 25 years since the terrorist attacks of September 11th 2001. Today will be marked by National Remembrance Ceremonies in honor of the more than 3,000 people killed that day. Bloomberg's Lisa Mateo has more on today's events in Manhattan. The first moment of silence comes at 846 marking the moment flight 11 struck the north tower after houses of worship will told their bells throughout the city and then families of the victims begin reading their names in pairs. The next moment of silence comes at 903 when flight 1 75 struck the south tower at 9 20. We get moments of silence at both the new york stock exchange and nasdaq silence happens again at 9 37. The time flight 77 struck the pentagon at 9 59 silence marks the time of the fall of the south tower 10 03. We observed silence for the time flight 93 crashed near shanksville pennsylvania. There will be another moment of silence at 10 28. The time the north tower fell in new york. Lisa Mateo Bloomberg radio. All right lisa thank you. Well this year the National September 11th Memorial and Museum is adding a seventh moment of silence at 12 30 PM honoring thousands whose lives were cut short by illnesses linked to the toxic aftermath of the attacks. The new tribute recognizes first responders, recovery workers, survivors and lower Manhattan residents exposed to dangerous dust and debris in the days and months after september 11th. More than 8000 people enrolled in the World Trade Center health program have since died and officials say tens of thousands continue to battle 9 11 related health conditions. The FDNY will also lead a moment of silence at 9 11 Wall Street time at the Times Square triangle before heading to the Nasdaq to ring the opening bell. And Karen president trump is going to mark this day at the pentagon Bloomberg's Andrew O'Day has more from the nation's capital. Defense Secretary Pete Hegseth and Joint Chiefs Chairman Dan Cain will join the president while Vice President J. D. Vance attends the new york observance. The new york times reports trump initially wanted to attend ground zero in new york but decided against it after organizers would not let him speak. White House communications director Stephen Chung called that report fake news. Other administration officials will be in shanksville pennsylvania. Nearly 3000 people were killed in the attacks 25 years ago in Washington. Andrew O'Day Bloomberg radio. All right Andrew, thank you. Today's ceremonies come hours after a two night republican convention in Dallas texas Vice President J. D. Vance delivered last night's keynote address and he urged voters to stick with republicans even if they disagree with the trump administration on the war with iran. The vice president invoked the late conservative activist charlie kirk in that call. There are people who love what we've done and people who don't. I'm not here to litigate the disagreements between charlie and some of the people that he disagreed with. But what I'm asking you to do is do what charlie did. Do not throw the baby out with the bath water. Let me get more on Vice President Vance's speech from Bloomberg's eric wasson at the american airlines center in Dallas. J. D. Vance came to the republican convention needing to energize his potential 2028 bid. He gave a solid performance where he emphasized his family values, his military service attack democrats for their alleged socialist leanings. His speech was energized by a protester waving what appeared to be a mexican flag and he had his biggest applause line of the night saying that this protester should go back to Mexico and Bloomberg's eric wasson reports Vance did not mention President trump's pledge to issue $5,000 checks to american adults if republicans win in november. But the president did as he closed out the convention last night, $5,000 for every adult citizen in our country and we can do that because our country has never done better. We're taking in trillions, trillions of dollars. President trump also reiterated his call to pretend he's on the ballot in november saying quote when I'm on the ticket, everyone comes to vote. Now, Karen, let's turn to the latest on the war in the middle east. The focus is shifting to the bob el mondeb straight where iran backed houthi militants have completed their takeover of the Red Sea choke point after days of fighting. That's according to a giants france press. Meanwhile, gulf arab states are considering a meeting with iranian officials next week about the straight of hormones. Stuart Livingston wallace leads Bloomberg's middle east coverage. There is supposedly going to be a meeting next week between members of the G. C. C. That is the gulf cooperation council. Effectively, the gulf arab states in iran. We're not quite sure what's on the agenda, although I mean, I don't think it's a stretch to say what top of the agenda will be, but it'd be interesting to see if they can find a way forward because the, I guess the state of play is that we're in the situation that I think one Emirati voice described as neither peace nor war, which I think very neatly encapsulates the current situation. Bloomberg Stuart Livingston Wallace reports. Both the U. S. And Iran are preparing for the war to continue for months, if not longer. That has energy prices elevated this morning. U. S. Diesel costs more than $6 a gallon at the pump for the first time ever. Triple A's nationwide average now puts diesel at $6.05. And that's news when you want it with Bloomberg News. Now I'm Karen Moscow. I'm Nathan Hager and this is Bloomberg.