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.

Avsnitt(1607)

An Epic Loss for Alphabet; Traders Eye Inflation Data; Harvard's President to Stay

An Epic Loss for Alphabet; Traders Eye Inflation Data; Harvard's President to Stay

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Civilian Deaths in Focus in Gaza War; President Biden Invites Zelenskiy to DC

Civilian Deaths in Focus in Gaza War; President Biden Invites Zelenskiy to DC

On today's podcast: 1) Global leaders express concern over civilian deaths in Gaza 2) President Biden's Israel support dents poll numbers as Putin, Netanyahu Talk Amid Rising Tensions Over Israel-Hama...

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Daybreak Weekend: Central Bank Decisions, China's Economy, Congress in the New Year

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.1) In the US - We preview Federal Reserve policy meeting and news conference with Cha...

9 Dec 202334min

Interview with Palestinian Prime Minister; New Charges for Hunter Biden

Interview with Palestinian Prime Minister; New Charges for Hunter Biden

On today's podcast: 1) The Palestinian Authority is working with US officials on a plan to run Gaza after the ongoing war is over, with one of its top leaders arguing that Israel’s aim to fully defeat...

8 Dec 202323min

Musk's SpaceX Valuation Takes Off; Ukraine Funding in Jeopardy

Musk's SpaceX Valuation Takes Off; Ukraine Funding in Jeopardy

On today's podcast: 1) Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar w...

7 Dec 202322min

Putin Makes Rare Foreign Trip; Biden Running Because of Trump

Putin Makes Rare Foreign Trip; Biden Running Because of Trump

On today's podcast: 1) Russian President Vladimir Putin arrived in the United Arab Emirates to start a rare foreign trip that will also include a visit to Saudi Arabia, with bolstering cooperation amo...

6 Dec 202317min

Israel-Hamas War Enters 60th Day; Kerry & Dalio on Climate

Israel-Hamas War Enters 60th Day; Kerry & Dalio on Climate

On today's podcast: 1) Israel Grinds War South as US Monitors Gaza Civilian Deaths 2) Dalio Says End of ‘Free Money’ Is Making Climate Fixes Difficult 3) Did Markets Go Too Far, Too Fast Is Debate to ...

5 Dec 202323min

Israel Widens Gaza Offensive; Spotify Cuts Jobs; Bitcoin Hits $41,000

Israel Widens Gaza Offensive; Spotify Cuts Jobs; Bitcoin Hits $41,000

On today's podcast: 1) Israel’s military is expanding its operations across the Gaza Strip, with the expectation of a ground invasion of southern Gaza looming and warnings to many of the territory’s 2...

4 Dec 202323min

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