Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

On today's podcast:
1) An appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now, allowing her to continue working while her lawsuit challenging President Trump’s move to dismiss her proceeds. The court's 2-1 ruling came just hours before the start of the Fed's meeting to vote on interest rates, and President Donald Trump could still ask the Supreme Court to step in.
2) President Trump is bringing a $15 billion defamation and libel lawsuit against The New York Times, according to a post on Truth Social. The suit is being brought in Florida, Trump says. The president accuses the publication of becoming a “mouthpiece” for the Democratic Party, citing its endorsement of former presidential candidate Kamala Harris among other concerns.
3) The Securities and Exchange Commission is "prioritizing" a proposal to reduce the frequency of corporate earnings reports after President Trump called for an end to quarterly reports. Trump said companies should report on a "Six (6) Month Basis" instead of quarterly, which he claims will save money and allow managers to focus on running their companies. Critics argue that shifting away from quarterly reporting could be a "gigantic step backward" and increase uncertainty and volatility on earnings results.

See omnystudio.com/listener for privacy information.

Jaksot(1607)

Biden Calls Xi A 'Dictator' After Meeting; Senate Votes to Avert Shutdown

Biden Calls Xi A 'Dictator' After Meeting; Senate Votes to Avert Shutdown

On today's podcast: 1) Presidents Joe Biden and Xi Jinping emerged from their first meeting in a year betting that a handful of small victories will arrest a surge in US-China tensions that has unnerv...

16 Marras 202317min

Israeli Troops Enter Gaza's Main Hospital; Biden, Xi Hold Key Meeting; Government Shutdown Risk Eases

Israeli Troops Enter Gaza's Main Hospital; Biden, Xi Hold Key Meeting; Government Shutdown Risk Eases

On today's podcast: 1) Israeli troops entered Gaza’s Shifa hospital compound as part of a “precise and targeted operation” against Hamas that runs the risk of intensifying international ire if it caus...

15 Marras 202326min

Biden Urges Israeli Restraint; Biden-Xi Fentanyl Crackdown; Government Shutdown is Near

Biden Urges Israeli Restraint; Biden-Xi Fentanyl Crackdown; Government Shutdown is Near

On today's podcast: 1) Israel and Hamas trade accusations over Gaza hospitals and President Joe Biden called on Israel to take “less intrusive action” at the al Shifa hospital — the latest sign the US...

14 Marras 202317min

Talks Intensify to Release Hostages in Gaza; U.S. Shutdown Deadline

Talks Intensify to Release Hostages in Gaza; U.S. Shutdown Deadline

On today's podcast: 1) The Israeli army conducted raids in northern Gaza on the outskirts of the Shati refugee camp, while a UN agency said that a naval strike had seriously damaged one of its guestho...

13 Marras 202317min

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) We preview this week's upcoming CPI and PPI data 2) The Dubai Airshow kicks off t...

11 Marras 202334min

Gaza Strikes Intensify; Humanitarian Windows Open; Powell Upends Bond Market

Gaza Strikes Intensify; Humanitarian Windows Open; Powell Upends Bond Market

On today's podcast: 1)  Israeli struck outpatient clinics of Al-Shifa Medical complex in Gaza City, Palestine Authority radio reports. The Israeli military has said that Hamas’s main military headquar...

10 Marras 202318min

Clinton on Israelis and Palestinians, SAG-AFTRA Strike Over, Ivanka Trump in Court

Clinton on Israelis and Palestinians, SAG-AFTRA Strike Over, Ivanka Trump in Court

On today's podcast: 1) Former US Secretary of State Hillary Clinton said both Israel and the Palestinians need new leadership in order to have a chance of achieving a peace deal once the current war i...

9 Marras 202322min

Election Results: Big Wins for Democrats; Ohio Abortion Rights Vote Passes

Election Results: Big Wins for Democrats; Ohio Abortion Rights Vote Passes

On today's podcast: 1) Ohio voters enshrined abortion rights in their state’s Constitution, a boon for Democrats running on the issue and complicating Republicans’ approach to the 2024 elections. 2) P...

8 Marras 202317min

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