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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Introducing 'Bloomberg Daybreak: US Edition'

Introducing 'Bloomberg Daybreak: US Edition'

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.See omnystudio.com/listener for privacy information.

24 Mars 20251min

Targeted Trump Tariffs; US Discussions on Ukraine-Russia

Targeted Trump Tariffs; US Discussions on Ukraine-Russia

On today's podcast: 1) Markets get a lift on word President Trump's tariffs will be more targeted. President Trump is preparing to announce "reciprocal tariffs" on April 2, targeting countries that ha...

24 Mars 202516min

Daybreak Weekend: CPI Preview, Reeves Statement, BYD Earnings

Daybreak Weekend: CPI Preview, Reeves Statement, BYD Earnings

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 – a preview of U.S CPI and PCE data, along with a look at the impact of t...

21 Mars 202538min

Heathrow Airport Shuttered; Musk and China War Plans

Heathrow Airport Shuttered; Musk and China War Plans

1) London's Heathrow airport will be closed all day Friday due to a major power outage caused by a nearby fire at an electrical substation. The airport advises passengers not to travel to the airport,...

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Powell Sees Tariff Impact as Transitory, Trump Says Fed Should Cut Rates On today's podcast:

Powell Sees Tariff Impact as Transitory, Trump Says Fed Should Cut Rates On today's podcast:

On today's podcast: 1) Federal Reserve Chair Jerome Powell downplayed growth concerns and the impact of President Donald Trump's trade war on inflation, calling the inflationary effect of tariffs "tra...

20 Mars 202516min

Instant Reaction: Jay Powell on the Fed Decision

Instant Reaction: Jay Powell on the Fed Decision

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillanc...

19 Mars 202526min

Putin Rejects Ceasefire, Political Turmoil Roils Turkish Markets

Putin Rejects Ceasefire, Political Turmoil Roils Turkish Markets

On today's podcast: 1) President Vladimir Putin refused to give Donald Trump the 30-day ceasefire in Ukraine he and his team had demanded on the path toward ending the three-year conflict. It was stil...

19 Mars 202517min

World Waits for Trump-Putin Talks; Israel Ends Gaza Truce

World Waits for Trump-Putin Talks; Israel Ends Gaza Truce

On today's podcast: 1) President Donald Trump said the US and Russia are already talking about dividing “assets” as part of a push to end the fighting in Ukraine, the latest sign that he may be prepar...

18 Mars 202518min

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