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(1602)

Bank Stocks Extend Selloff As SVB Races to Prevent A Run

Bank Stocks Extend Selloff As SVB Races to Prevent A Run

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Biden Looks To Tax Billionaires and Mitch McConnell Has a Health Scare

Biden Looks To Tax Billionaires and Mitch McConnell Has a Health Scare

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) President Biden targets the wealthy in his budget proposal 2) Senate Minority Leader Mitch McConnell is hospitalized...

9 Mars 202317min

White House Endorses TikTok Bill and Ken Griffin Weighs In on Politics

White House Endorses TikTok Bill and Ken Griffin Weighs In on Politics

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) The White House endorses a bill that could ban TikTok 2) President Biden targets one of the biggest peacetime defens...

8 Mars 202320min

Meta Cuts More Jobs and China Ramps Up Rhetoric

Meta Cuts More Jobs and China Ramps Up Rhetoric

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Thousands of job cuts are on the way at Meta 2) China calls the US approach to Beijing a 'reckless gamble' 3) A push...

7 Mars 202327min

US Senate Takes Action on TikTok and Larry Hogan Says 'No' To Presidential Run

US Senate Takes Action on TikTok and Larry Hogan Says 'No' To Presidential Run

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) The US considers banning investments in parts of China, including TikTok 2) Former Maryland Governor Larry Hogan dro...

6 Mars 202316min

Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including Fed Chair Jay Powell's Capitol Hill testimony and the Friday jobs r...

4 Mars 202335min

Stocks Set to Snap Losing Streak And More Bank Job Cuts

Stocks Set to Snap Losing Streak And More Bank Job Cuts

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Stocks Set for Weekly Gain 2) Citigroup Cutting Jobs 3) Biden to Meet German Chancellor See omnystudio.com/listener ...

3 Mars 202317min

Elon Musk's 'Master Plan' Falls Flat and More Cracks in the Crypto Market

Elon Musk's 'Master Plan' Falls Flat and More Cracks in the Crypto Market

Your morning briefing. The news you need in just 15 minutes. On today's podcast: 1) Tesla shares drop as Elon Musk's investor meeting disappoints 2) Credit Suisse escalates efforts to win back clients...

2 Mars 202317min

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