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.

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Episoder(1606)

Israeli Troops Encircle Gaza City; Trump to Testify at Civil Trial

Israeli Troops Encircle Gaza City; Trump to Testify at Civil Trial

On today's podcast: 1) The United Nations said no foreigners, dual-nationals or injured Palestinians were able to leave the Gaza Strip over the weekend. Israeli troops encircled Gaza City and effectiv...

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Daybreak Weekend: Disney Set to Report, Republicans Prepare to Debate

Daybreak Weekend: Disney Set to Report, Republicans Prepare to Debate

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.  1) We get Disney earnings this week after, the company said it plans to buy Comcast...

4 Nov 202335min

Sam Bankman-Fried Guilty; Investors take a Bite out of Apple Stock

Sam Bankman-Fried Guilty; Investors take a Bite out of Apple Stock

On today's podcast:      1) Bankman-Fried Found Guilty of Fraud at FTX Criminal Trial     Jurors in New York found Sam Bankman-Fried guilty of engaging in a massive fraud related to the collapse of hi...

3 Nov 202318min

Biden Calls for Pause in Gaza; Powell Hints Fed's Done; George Santos Survives

Biden Calls for Pause in Gaza; Powell Hints Fed's Done; George Santos Survives

On today's podcast: 1) President Joe Biden said Israel and Hamas, a militant organization designated a terrorist group by the US, should “pause” fighting to allow time to free more hostages from Gaza....

2 Nov 202316min

Israel Strikes Refugee Camp in Gaza; AMD Stock Falls

Israel Strikes Refugee Camp in Gaza; AMD Stock Falls

On today's podcast: 1) An Israeli strike on a refugee camp in Gaza overnight killed and wounded hundreds of people, according to the Health Ministry in the Hamas-run territory, and drew condemnation f...

1 Nov 202316min

Netanyahu Says No Cease-Fire; New Apple Macs and PC Chips

Netanyahu Says No Cease-Fire; New Apple Macs and PC Chips

On today's podcast: 1) Israel's Netanyahu Says there will be no cease-fire. Israel struck more targets in Lebanon and Syria overnight, while stepping up its ground operations in Gaza. 2) GOP House mem...

31 Okt 202316min

Israel Enters 2nd Phase of War; Investors Await Fed Decision and Jobs Report

Israel Enters 2nd Phase of War; Investors Await Fed Decision and Jobs Report

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Israel’s military widened its ground offensive in Gaza, saying it killed dozens of Hamas militants overnight and des...

30 Okt 202323min

Federal Reserve Decision, Jobs Report, New House Speaker,  and More

Federal Reserve Decision, Jobs Report, New House Speaker, and More

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.  In this episode:  Federal Reserve interest rate decision. Economists are forecasti...

28 Okt 202335min

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