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(1601)

Biden Speaks in Poland and the Four-Day Work Week Gains Support

Biden Speaks in Poland and the Four-Day Work Week Gains Support

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) President Biden speaks in Poland after his surprise visit to Ukraine.2) Credit Suisse faces questions about remarks ...

21 Feb 202317min

A Hot Start For Stocks and A Retail Earnings Preview

A Hot Start For Stocks and A Retail Earnings Preview

This is your Bloomberg Daybreak podcast for the President's Day holiday. U.S. Markets are closed today. In this episode, we look at the hot start for US equities with Lori Calvasina, head of US equity...

20 Feb 202333min

Bloomberg Daybreak Weekend: Fed, Ukraine, Poland

Bloomberg Daybreak Weekend: Fed, Ukraine, Poland

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 the Fed minutes, the energy problems sparked by Russia's war in Ukr...

17 Feb 202335min

Fed Hawks Send Stocks Lower and Credit Card Debt Hits a Record

Fed Hawks Send Stocks Lower and Credit Card Debt Hits a Record

Your morning briefing. The news you need in just 15 minutes.   On today's podcast:   1) Hawkish comments from Federal Reserve officials send stocks lower  2) President Biden looks to discuss the ballo...

17 Feb 202317min

Airbnb CEO on Record Earnings and Cisco Shares Surge

Airbnb CEO on Record Earnings and Cisco Shares Surge

Your morning briefing.  The news you need in just 15 minutes.  On today's podcast:  1) We talk to Airbnb CEO Brian Chesky on a record earnings report  2) Standard Chartered and Commerzbank rise on sol...

16 Feb 202317min

Inflation Slows in UK and Elon Musk Boosts His Own Tweets

Inflation Slows in UK and Elon Musk Boosts His Own Tweets

Your morning briefing.  The news you need in just 15 minutes.  On today's podcast:  1) Inflation in the UK slows more than expected  2) Shares of Barclays slump as earnings disappoint  3) Elon Musk re...

15 Feb 202317min

Inflation In Focus and A Shake Up at the Fed

Inflation In Focus and A Shake Up at the Fed

Your morning briefing.  The news you need in just 15 minutes.  On today's podcast:  1) Wall Street braces for the latest reading on inflation  2) President Biden to name Lael Brainard as his top econo...

14 Feb 202317min

The US and China Spar Over Suspected Balloons

The US and China Spar Over Suspected Balloons

Your morning briefing.  The news you need in just 15 minutes.  On today's podcast:  1) The US military shoots down a 4th object in the skies  2) The death toll approaches 35,00 in Turkey and Syria  3)...

13 Feb 202317min

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