Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

On today's podcast:
1) Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Donald Trump’s second term. In New York, voters elected 34-year-old Zohran Mamdani, a democratic socialist, as mayor after he deployed a social media-savvy campaign and joined up with two progressive icons, Vermont Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez. Mamdani — who will be New York’s first Muslim and South Asian mayor when he takes office Jan. 1 — campaigned on making the global business hub more affordable by using higher taxes on the wealthy to pay for free buses and city-run grocery stores, overcoming many voters’ concerns about his pro-Palestinian views.
2) Abigail Spanberger, a 46-year-old former CIA officer who left the House of Representatives after three terms in January, will be the first female governor in Virginia, a state that’s front-and-center in the battle over the government shutdown and efforts to trim the federal workforce. Likewise in New Jersey, Representative Mikie Sherrill, a former Navy helicopter pilot, won a race in which pocketbook concerns about utility bills, health care and schools were more central than culture war issues or government giveaways. About 6 in 10 voters in Virginia and New Jersey described themselves as “angry” or “dissatisfied” with the current state of the country, according to an exit poll conducted by the Associated Press, compared to just one-third who said they were “enthusiastic” or “satisfied.” Meanwhile, California voters passed a ballot measure that could flip as many as five congressional seats to Democrats from Republicans, handing Governor Gavin Newsom a major political victory in his fight against President Trump.
3) The fate of the majority of President Trump’s tariffs is in the hands of the US Supreme Court after lower courts ruled that they were issued illegally under an emergency law. The tariffs have remained in place to allow the Trump administration to appeal to the highest court, which is scheduled to hear arguments today. The Supreme Court case doesn’t touch upon the duties imposed on certain product categories using different legal foundations. For example, the Trump administration has put in place levies on steel, aluminum, automobiles, copper products and lumber by harnessing Section 232 of the 1962 Trade Expansion Act. Those tariffs depend on Commerce Department investigations that concluded that imports of such products pose a national security risk.

See omnystudio.com/listener for privacy information.

Jaksot(1597)

Trump Calls Musk Presidency Talk Hoax; Nissan-Honda Merger

Trump Calls Musk Presidency Talk Hoax; Nissan-Honda Merger

On today's podcast: 1) Trump Says Talk He’s Ceded Presidency to Musk Is a ‘Hoax’ 2) Panama’s Leader Takes Up Feud With Trump Over Canal Control 3) Honda, Nissan Formalize Merger Talks, Aim to Combine ...

23 Joulu 202416min

Daybreak Weekend: US Home Sales, Europe Stocks, Softbank Investment

Daybreak Weekend: US Home Sales, Europe Stocks, Softbank Investment

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 new home sales and retail outlook. In the UK – a look at w...

21 Joulu 202439min

Instant Reaction: House Passes Funding Bill

Instant Reaction: House Passes Funding Bill

The House passed funding to keep the US government operating until mid-March just hours before a midnight shutdown deadline, capping off a tumultuous two days in which two earlier plans pursued by Spe...

20 Joulu 20248min

Government Shutdown Looms; Trump Threatens EU Tariffs

Government Shutdown Looms; Trump Threatens EU Tariffs

On today's podcast: 1) The House scrambles to avoid a shutdown after rejecting a stopgap backed by Donald Trump 2) The President elect threatens the E-U with tariffs unless it buys more American oil...

20 Joulu 202416min

Instant Reaction: Trump-Backed Funding Plan Fails

Instant Reaction: Trump-Backed Funding Plan Fails

The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown, capping an extraordinary tw...

20 Joulu 20247min

Government Shutdown Deadline; Fed Fueled Selloff on Wall Street

Government Shutdown Deadline; Fed Fueled Selloff on Wall Street

On today's podcast: 1) Trump Breaks With Johnson on Funding Bill, Wants Debt Limit Vote 2) Powell Signals Fed’s Focus Has Returned Firmly to Inflation 3) Micron Set for Biggest Drop Since 2020 on Slu...

19 Joulu 202416min

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 on a special edition of Bloomberg Surveillanc...

18 Joulu 202423min

Instant Reaction: The Fed Decides

Instant Reaction: The Fed Decides

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy ...

18 Joulu 202430min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-draivi
rss-rahamania
ostan-asuntoja-podcast
rss-sami-miettinen-neuvottelija
pomojen-suusta
inderespodi
rss-seuraava-potilas
herrasmieshakkerit
taloudellinen-mielenrauha
oppimisen-psykologia
rss-h-asselmoilanen
rss-paasipodi
rss-inderes
asuntoasiaa-paivakirjat
rss-lahtijat
rss-bisnesta-bebeja