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(1596)

US Support for Ukraine Stalls; Trump Readies for Tariffs on Allies

US Support for Ukraine Stalls; Trump Readies for Tariffs on Allies

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Daybreak Weekend: US Jobs, Special European Council, Australia Eco

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Trump, Zelenskiy Meeting Turns Into Argument; Mineral Deal Falls Through

Plans to sign a critical minerals deal between the US and Ukraine were scrapped after Donald Trump’s meeting Friday with Volodymyr Zelenskiy quickly devolved into a fiery exchange over the Ukrainian l...

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President Trump's Trade Threats, Zelenskiy Heads to Washington

President Trump's Trade Threats, Zelenskiy Heads to Washington

On today's podcast: 1) China warned it would hit back at Donald Trump’s trade threats after the US president unveiled additional tariffs on Chinese imports, raising the risk of tensions spiraling betw...

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Nvidia Fails to Impress Investors; Supreme Court Keeps Trump Foreign-Aid Freeze

Nvidia Fails to Impress Investors; Supreme Court Keeps Trump Foreign-Aid Freeze

On today's podcast: 1) Nvidia Corp., the chipmaker at the center of an AI spending boom, delivered good-but-not-great quarterly numbers on Wednesday, drawing a muted response from investors accustomed...

27 Feb 202517min

US and Ukraine Reach Minerals Deal; Wall Street Braces for Nvidia Earnings

US and Ukraine Reach Minerals Deal; Wall Street Braces for Nvidia Earnings

On today's podcast: 1) Ukraine agreed with the US to jointly develop its wealth of natural resources as part of a deal that could ease tension with President Donald Trump and advance his administratio...

26 Feb 202517min

Trump Looks to Tighten Chip Ban; US Sides with Russia on UN Vote

Trump Looks to Tighten Chip Ban; US Sides with Russia on UN Vote

On today's podcast: 1) The US looks for further limits on China semiconductor access The Trump administration is planning to expand efforts to limit China's technological advancements, including tough...

25 Feb 202517min

Trump Targets China; Merz Wins Chance to Fix Germany

Trump Targets China; Merz Wins Chance to Fix Germany

On today's podcast: 1) Trump Targets China With Biggest Salvo So Far in Second Term The Trump administration took aim at China with a series of moves involving investment, trade and other issues that ...

24 Feb 202517min

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