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(1606)

Death Tolls Climbs in Israel; Oil Jumps on Hamas Attack

Death Tolls Climbs in Israel; Oil Jumps on Hamas Attack

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Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a preview of the upcoming CPI data, the battle to become speaker of...

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Trump Reportedly Revealed Submarine Secrets; Exxon Close to Huge Deal

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Trump Said to Have Revealed Nuclear Sub Secrets to Businessman 2) Exxon Nears Takeover of Pioneer, Its Biggest Deal ...

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Battle for Speaker Heats Up; Gross on Bond Market Selloff

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Gaetz Supports Scalise and Jordan to Replace McCarthy as Speaker 2) Gross Says Bond Markets a ‘Little Oversold’ 3) E...

5 Okt 202316min

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McCarthy Ouster Turmoil; Global Bond Selloff Continues

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) McCarthy Ouster Means More Turmoil as Next Shutdown Fight Looms 2) Global Bond Selloff Upending Markets Shows No Sig...

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Gaetz Makes Move to Oust McCarthy; Trump & Bankman-Fried Trials

Gaetz Makes Move to Oust McCarthy; Trump & Bankman-Fried Trials

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Republican Gaetz Moves to Formally Remove McCarthy as Speaker 2) Trump New York Fraud Trial Update 3) The Crypto Fra...

3 Okt 202316min

Stocks Rise as Government Shutdown Averted; McCarthy's Future

Stocks Rise as Government Shutdown Averted; McCarthy's Future

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Stocks Rise, Bonds Fall as US Shutdown Averted 2) McCarthy to Face Far-Right Attempt to Oust Him as House Speaker 3)...

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Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including an impending government shutdown, the start of the trial of Sam Ban...

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