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(1606)

INSTANT REACTION: Bankman-Fried Sentenced to 25 Years

INSTANT REACTION: Bankman-Fried Sentenced to 25 Years

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Remembering Joe Lieberman; Baltimore Bridge Latest

Remembering Joe Lieberman; Baltimore Bridge Latest

On today's podcast: 1) Colleagues Remember Former Senator and Vice Presidential Candidate Joe Lieberman, who Passed Away at 82 2) Search and Recovery Efforts Continue in Baltimore with Six Presumed De...

28 Maalis 202417min

Baltimore Bridge Latest and Trump's Trial & Fortune

Baltimore Bridge Latest and Trump's Trial & Fortune

On today's podcast: 1) Officials Promise Recovery as Search and Recover Operations Begin at the Francis Scott Key Bridge Collapse 2) A Judge Lays Out Rules for Donald Trump's New York Trial as his Sta...

27 Maalis 202417min

Baltimore Bridge Collapse, Trump's Trial Date

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On today's podcast: 1) A Baltimore Bridge Collapsed After Being Struck by a Large Vessel 2) A Federal Judge in New York has Ordered Donald Trump's Hush Money Trial to Begin on April 15th 3) The US Abs...

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Trump's Legal Deadline, A Warning for Israel

Trump's Legal Deadline, A Warning for Israel

On today's podcast: 1) Former President Trump must post a nine-figure bond today to appeal his New York civil fraud judgment 2) Vice President Harris warns Israel against a major attack on Rafah 3) Ru...

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Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview

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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 U.S PCE and GDP data, and a look ahead to Carnival earning...

23 Maalis 202438min

Stocks in Record Territory, Reddit IPO Reaction

Stocks in Record Territory, Reddit IPO Reaction

On today's podcast: 1) Stocks Set for Best Week of Year After Dovish Tilt 2) Reddit’s Debut Jump Delivers for New and Old Shareholders Alike 3) Summers Criticizes Fed for Having ‘Itchy Fingers’ on Rat...

22 Maalis 202417min

Instant Reaction: Reddit Starts Trading on NYSE

Instant Reaction: Reddit Starts Trading on NYSE

Shares of Reddit started trading today, after an IPO that valued the company near the top of its marketed range. Carol Massar, Tim Stenovec and Bloomberg's team of reporters discuss the IPO and the pa...

21 Maalis 202422min

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