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)

Daybreak Weekend: Inflation Data Preview; Earnings Continue

Daybreak Weekend: Inflation Data Preview; Earnings Continue

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 inflation data and Coca-Cola earnings In the UK - we d...

10 Feb 202438min

Biden Memory Issues?; Reaction to Putin Interview

Biden Memory Issues?; Reaction to Putin Interview

On today's podcast: 1) President Joe Biden forcefully — and at times angrily — sought to combat suggestions his acuity was declining in a hastily-arranged press conference Thursday night 2) The US Sup...

9 Feb 202416min

Disney Jumps on Earnings; Border Deal Dies in Senate

Disney Jumps on Earnings; Border Deal Dies in Senate

On today's podcast: 1) Walt Disney Co. is acquiring a $1.5 billion equity stake in Fortnite maker Epic Games Inc. as part of a collaboration involving Disney properties like Star Wars, Marvel and Avat...

8 Feb 202417min

Border Deal Unlikely; Nevada Primary; NYCB Cut to Junk by Moody’s

Border Deal Unlikely; Nevada Primary; NYCB Cut to Junk by Moody’s

On today's podcast: 1) President Joe Biden blamed Donald Trump for sinking a bipartisan immigration and Ukraine aid bill, saying the Republican frontrunner pressured members of his party to reject it ...

7 Feb 202417min

US Border-Ukraine Aid Deal Near Collapse; UBS Ermotti Interview

US Border-Ukraine Aid Deal Near Collapse; UBS Ermotti Interview

On today's podcast: 1) A hard-fought bipartisan deal to impose new US border restrictions and unlock Ukraine war aid is on the brink of collapsing in the Senate, where Republican support crumbled in t...

6 Feb 202417min

Powell Pushes Back on March Cut; US Vows More Mideast Strikes

Powell Pushes Back on March Cut; US Vows More Mideast Strikes

On today's podcast: 1) Federal Reserve Chair Jerome Powell said Americans may have to wait beyond March for the central bank to cut interest rates as officials look for more economic data to confirm t...

5 Feb 202416min

Daybreak Weekend: Earnings Season Continues; European Oil; Lunar New Year

Daybreak Weekend: Earnings Season Continues; European Oil; Lunar New Year

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 preview Disney and Uber earnings In the UK  - we detail how big oil ...

3 Feb 202438min

Meta & Amazon Surge; Apple Falls on China Concerns

Meta & Amazon Surge; Apple Falls on China Concerns

On today's podcast: 1) Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses. It was a strategy that upended the lives of tech workers in Seattle and Silico...

2 Feb 202422min

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