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.

Episoder(1607)

Bloomberg Daybreak Holiday Special - New Years Day 2024

Bloomberg Daybreak Holiday Special - New Years Day 2024

Bloomberg's Nathan Hager spends the hour covering the biggest tech stories from 2023 and what we can expect for the year ahead. He speaks with Gene Munster of Deepwater Asset Management and Dan Ives f...

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Daybreak Weekend: December Jobs, UK Restaurants, APAC Markets

Daybreak Weekend: December Jobs, UK Restaurants, APAC Markets

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 - we look ahead to Friday's December jobs report. Bloomberg Economics says...

30 Des 202334min

Trump Banned from Maine Ballot; Supply Threats amid Red Sea Attacks

Trump Banned from Maine Ballot; Supply Threats amid Red Sea Attacks

On today's podcast: 1) Maine’s secretary of state ruled that Donald Trump cannot run in the state’s Republican primary, citing his efforts to overturn the 2020 election results. 2) The US military is ...

29 Des 202317min

Global Bond ‘Carnival’ Sets Stage for Record Two Months; Apple SmartWatch Time

Global Bond ‘Carnival’ Sets Stage for Record Two Months; Apple SmartWatch Time

On today's podcast: 1) The world’s debt market is on track to post its biggest two-month gain on record as traders ramp up expectations that central banks everywhere will slash interest rates next yea...

28 Des 202317min

Stocks Near All-Time High; Tech Heavyweights Team Up on AI

Stocks Near All-Time High; Tech Heavyweights Team Up on AI

On today's podcast: 1) US futures were steady, with an all-time high this year firmly in sight, and Treasuries gained amid optimism that the Federal Reserve is getting close to cutting interest rates....

27 Des 202316min

Fears of Spillover in Israel-Hamas War; Trumps Claims Absolute Immunity

Fears of Spillover in Israel-Hamas War; Trumps Claims Absolute Immunity

On today's podcast: 1) The US military launched strikes on three installations in Iraq targeting what it said is a terrorist group backed by Iran that Washington has accused of a series of attacks on ...

26 Des 202317min

Daybreak Weekend: Crypto Recap, Macau Recovery, Congress Wraps Up 2023

Daybreak Weekend: Crypto Recap, Macau Recovery, Congress Wraps Up 2023

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) In the US - It's been a very Merry Crypto-mas with Bitcoin and Etherum surging. W...

23 Des 202334min

Wall Street Awaits Inflation Data; Nike Sinks on Forecast

Wall Street Awaits Inflation Data; Nike Sinks on Forecast

On today's podcast:1) Stocks, US Futures Decline Before Inflation Gauge2) Nike Sinks on Forecast3) U.S. May Lift Ban on Sales of Offensive Weapons to Saudi Arabia See omnystudio.com/listener for priva...

22 Des 202316min

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