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(1602)

Instant Reaction: The Fed Decides

Instant Reaction: The Fed Decides

Bloomberg's Tom Keene, Lisa Abramowicz, and Jonathan Ferro cover the Federal Reserve's latest policy decision. See omnystudio.com/listener for privacy information.

31 Jul 202430min

Instant Reaction: Hamas Leader Assassinated in Iran

Instant Reaction: Hamas Leader Assassinated in Iran

Hamas says Israel killed its political leader, Ismail Haniyeh, in an airstrike on Iran’s capital, putting the Middle East even further on edge. Bloomberg's Nathan Hager and Joumanna Bercetche break do...

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Hamas Leader Killed; Harris Gains in Presidential Poll

Hamas Leader Killed; Harris Gains in Presidential Poll

On today's podcast: 1) Hamas Says Israel Killed Political Leader Haniyeh in Iran 2) Harris Wipes Out Trump’s Swing-State Lead in Election Dead Heat 3) Microsoft’s Azure Growth Slows, Testing Investors...

31 Jul 202417min

Instant Reaction: Microsoft, AMD Earnings

Instant Reaction: Microsoft, AMD Earnings

Bloomberg Businessweek breaks down earnings from Microsoft and AMD with Senior Portfolio Manager at Synovus Trust Dan Morgan and Bloomberg Technology Co-Host Ed Ludlow.Hosts: Carol Massar and Tim Sten...

30 Jul 202420min

Trump-Harris Debate; Buffett Trims Big Bank Stock

Trump-Harris Debate; Buffett Trims Big Bank Stock

On today's podcast: 1) Trump Says He Will ‘Probably End Up’ Debating New Rival Harris 2) Buffett Cuts BofA Stake Again, Unloading $3 Billion This Month 3) Venezuela’s Opposition Says It Has Proof of E...

30 Jul 202416min

Harris Campaign Gains; Venezuela Election Latest

Harris Campaign Gains; Venezuela Election Latest

On today's podcast: 1) Kamala Harris Sees a Surge in Fundraising and at the Polls 2) Controversy Surrounds the Results of the Venezuelan Presidential Election 3) Israel Strikes Hezbollah After Weekend...

29 Jul 202416min

Daybreak Weekend: Fed Meeting, BOE Decision, Tech Earnings

Daybreak Weekend: Fed Meeting, BOE Decision, Tech Earnings

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 next week’s Fed meeting and jobs report in the U.S, along ...

27 Jul 202439min

Obama Endorses Harris; France Rail Sabotage

Obama Endorses Harris; France Rail Sabotage

On today's podcast: 1) Barack and Michelle Obama Endorse VP Kamala Harris for President 2) Sabotage in France with a Massive Rail Disruption Ahead of the Olympic Opening Ceremonies 3) The Fed Waits fo...

26 Jul 202417min

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