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(1603)

US Pauses Arms Shipment to Israel; Trump Trials Update

US Pauses Arms Shipment to Israel; Trump Trials Update

On today's podcast: 1) US Pauses Arms Shipment to Israel Over Rafah Invasion Plans 2) Trump Jury Hears Stormy Daniels Testify to Intimacy With Him 3) TikTok Lawsuit Sets Stage for Prolonged Legal Figh...

8 Touko 202416min

Israel Takes Control of Rafah Border Crossing; UBS Shares Surge

Israel Takes Control of Rafah Border Crossing; UBS Shares Surge

On today's podcast:  1) Israel’s Troops Take Control of Rafah Border Crossing in Gaza 2) UBS Returns to Profit as Wealth, Investment Bank Drive Beat 3) Boeing Starliner Launch Is Delayed Due to Issue ...

7 Touko 202418min

Middle East Tensions Escalate; Campus Protests During Graduations

Middle East Tensions Escalate; Campus Protests During Graduations

On today's podcast: 1) Israel Tells People to Leave Rafah as It Weighs Timing of Attack 2) Adams Vows to Protect NYC Graduations as LAPD Shuts USC Camp 3) Buffett Praises Apple After Trimming It, Drop...

6 Touko 202416min

Daybreak Weekend: Disney Earnings, BOE Meeting, Xi in Europe

Daybreak Weekend: Disney Earnings, BOE Meeting, Xi in Europe

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of Apple’s latest product event and earnings from Walt Disney...

4 Touko 202438min

Apple Rallies on Historic Buyback; Jobs Report On Tap

Apple Rallies on Historic Buyback; Jobs Report On Tap

On today's podcast:  1) Apple Rallies on Upbeat Forecast, Record-Setting Stock Buyback 2) US Jobs Report to Show Continuing Streak of Big Employment Gains 3) Columbia Says a Third of Arrests at Hamilt...

3 Touko 202417min

Instant Reaction: Apple Beats on Sales and Earnings

Instant Reaction: Apple Beats on Sales and Earnings

Apple shares jumped in late trading after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easi...

2 Touko 202420min

Powell Keeps Rate Cuts Alive; Campus Crackdown Continues

Powell Keeps Rate Cuts Alive; Campus Crackdown Continues

On today's podcast: 1) Powell Keeps Rate Cuts on Table But Leaves Timing Less Certain 2) US College Campuses On Edge as Police Move In 3) Investors Await Apple Earnings See omnystudio.com/listener for...

2 Touko 202417min

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...

1 Touko 202426min

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