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(1637)

US to Probe Cuba Speedboat Shooting; Third Round of Iran Nuclear Talks Begin

US to Probe Cuba Speedboat Shooting; Third Round of Iran Nuclear Talks Begin

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Cuba says a boat with 10 people near its coast early Wednesday was carrying weapons, and its occupants — Cubans living in th...

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Trump Defends Economy & Tariffs in State of the Union

Trump Defends Economy & Tariffs in State of the Union

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Addressing one of his biggest audiences at perhaps the lowest moment of his second term, President Trump returned again and ...

25 Helmi 21min

Instant Reaction: Trump Touts 'Turnaround' in State of the Union

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President Donald Trump delivered the longest State of the Union address of the television age Tuesday, declaring “a turnaround for the ages” as he tried to sell Americans on his economic program ahead...

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Record Blizzard Cleanup; Trump’s 10% Levy Takes Effect

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Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm started to taper off across the Northeast Monday evening after smashing records and dropping more th...

24 Helmi 21min

Winter Storm Pummels East Coast; Tariff Defeat Tests Trade Deals

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Today's top stories, with context, in just 15 minutes.On today's podcast:1) A powerful winter storm has isolated New York City and hobbled transport networks, threatening to be among its worst on reco...

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Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from chipmaker Nvidia along with a focu...

20 Helmi 38min

Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court

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The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White Hou...

20 Helmi 29min

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Trump Pushes Iran on Deal; Former Prince Andrew Released After Arrest

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US military is stationing a vast array of forces in the Middle East, including two aircraft carriers, fighter jets and r...

20 Helmi 14min

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