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.

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Yellen Interview on Debt Ceiling; Musk to Name New Twitter CEO

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Yellen Warning on Debt Default; Disney Streams Lower

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Yellen Says Debt Default Would Hurt National Security 2) Some Border Restrictions Set to End 3) Disney Drops on Subs...

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Debt Ceiling Stalemate; Santos Faces Criminal Charges

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Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Biden, McCarthy Vow More Debt-Limit Talks 2) George Santos Faces Criminal Charges 3) Trump Liable for Sex Abuse See...

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Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Biden, McCarthy to Meet Over Debt Drama 2) Powell Faces Lowest Public Confidence in Fed Boss on Record 3) UBS Manage...

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Yellen Warning on Debt Ceiling; PacWest Leads Regionals Higher

Yellen Warning on Debt Ceiling; PacWest Leads Regionals Higher

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Yellen Says No Good Alternative to Congress Lifting Debt Cap 2) Biden Trails Trump in New Poll 3) PacWest Leads Rall...

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Bloomberg Daybreak Weekend: CPI, BOE, Debt Ceiling, AI

Bloomberg Daybreak Weekend: CPI, BOE, Debt Ceiling, AI

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you next week including the coming US inflation data, what the Bank of England will do next, Preside...

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Regional Bank Selloff Subsides; Apple Rises on Earnings

Regional Bank Selloff Subsides; Apple Rises on Earnings

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) PacWest Leads Regional Bank Stock Rebound 2) FDIC Plans to Hit Big Banks With Fees 3) Apple Rises as iPhone Sales Re...

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