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(1602)

Daybreak Weekend: U.S Retail Sales, BOE Meeting, China Data Dump

Daybreak Weekend: U.S Retail Sales, BOE Meeting, China Data Dump

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G-7 Puts Pressure on Russia; Trump's Tax Cut Plans

G-7 Puts Pressure on Russia; Trump's Tax Cut Plans

On today's podcast: 1) G-7 Pledges to Step Up Action on Russia Fleet, Energy, Metals 2) Trump Tells CEOs He Would Cut Corporate Tax Rate to 20% 3) S&P 500 Notches Its Fourth Straight All-Time High See...

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The Supreme Court preserved full access to a widely used abortion pill in a case that carried major stakes for reproductive rights and election-year politics. Bloomberg's Paul Sweeney and Alix Steel b...

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Post-FOMC Rally; Trump Heads to DC

On today's podcast: 1) Wall Street Hits Record Highs Following a Soft Inflation Print and Fed Decision 2) Former President Trump Returns to Washington For the First Time Since His Conviction 3) G-7 Le...

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Instant Reaction: Jay Powell on Fed Policy

Instant Reaction: Jay Powell on Fed Policy

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy infor...

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Investors Brace for CPI and Fed; Apple Soars to Record

Investors Brace for CPI and Fed; Apple Soars to Record

On today's podcast: 1) Fed Faces Dot-Plot Cliffhanger as CPI Looms 2) Apple Shares Soar Most Since 2022 on Hope AI Will Fuel Upgrades 3) Biden Plan to Brand Trump a Felon Is Hit by Son’s ConvictionSee...

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Instant Reaction: Hunter Biden Found Guilty

Instant Reaction: Hunter Biden Found Guilty

Hunter Biden was found guilty of gun charges by a federal court jury in Delaware, becoming the first child of a sitting US president to be convicted of crimes. Bloomberg's Paul Sweeney and Jess Menton...

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Investors Take Shine off Apple's AI Plans; CPI and Fed On Tap

Investors Take Shine off Apple's AI Plans; CPI and Fed On Tap

On today's podcast: 1) Apple Unveils ‘AI for the Rest of Us’ in Bid to Retake Spotlight 2) Musk to Ban Apple Devices If OpenAI Is Integrated Into OS 3) Stocks Eke Out Gains in Fed & CPI Run-Up See omn...

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