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)

Fed Rate Cut in March in Doubt; High Tech Earnings Continue

Fed Rate Cut in March in Doubt; High Tech Earnings Continue

On today's podcast: Federal Reserve officials cemented the end of their aggressive campaign to push up interest rates, and sought to reset expectations for how soon and how fast they’ll cut this year...

1 Feb 202416min

Instant Reaction: Jay Powell on Fed Policy

Instant Reaction: Jay Powell on Fed Policy

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy infor...

31 Jan 202425min

Instant Reaction: The Fed Decides

Instant Reaction: The Fed Decides

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance See omnystudio.com/listener for privacy...

31 Jan 202428min

Tech Stocks Slammed; New Bloomberg Presidential Poll

Tech Stocks Slammed; New Bloomberg Presidential Poll

On today's podcast: 1)  Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products...

31 Jan 202422min

U.S.-Iran Tensions Rise; Musk's Brain Chip Implant

U.S.-Iran Tensions Rise; Musk's Brain Chip Implant

On today's podcast: 1) Iran urged the US to use diplomacy to ease tensions in the Middle East, as Tehran braces for a military response to a deadly attack on an American base over the weekend. 2) US e...

30 Jan 202417min

Tensions Rise as US Troops Killed; Earnings & Fed Decision This Week

Tensions Rise as US Troops Killed; Earnings & Fed Decision This Week

On today's podcast:1) Iran sought to distance itself from a deadly attack on a US base in Jordan by a Tehran-backed militia, as President Joe Biden faced mounting pressure to order a harsh response ag...

29 Jan 202417min

BONUS EPISODE: A Conversation About Middle East Boycotts Hitting Global Brands

BONUS EPISODE: A Conversation About Middle East Boycotts Hitting Global Brands

Many shoppers in the Middle East, as well as in Muslim nations like Pakistan are shunning big foreign brands, driven by a wellspring of anger against Western countries for their support of Israel duri...

28 Jan 202412min

Daybreak Weekend: Apple Earnings, Jobs Report, Central Banks

Daybreak Weekend: Apple Earnings, Jobs Report, Central Banks

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 Apple earnings and look ahead to the Fed Meeting In the UK  ...

27 Jan 202439min

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