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(1598)

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

On today's podcast: 1) Los Angeles Ramps Up Evacuations as Palisades Fire Grows 2) Trump’s Panama, Greenland Threats Signal Unchained Second Term 3) JPMorgan Planning to Bring Staff to Office Five Day...

8 Jan 202516min

Nvidia's AI Future; Trump Aims to Block Key Report

Nvidia's AI Future; Trump Aims to Block Key Report

On today's podcast: 1) Nvidia rolls out a vision for an AI future at the Consumer Electronics Show 2) Former Bank of England Governor Mark Carney says he's considering a run to be Canada's Prime Minis...

7 Jan 202517min

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

On today's podcast: 1) Trump Weighs Jan. 6 Clemency With Congress Set to Ratify His Win 2) NYC Congestion Pricing Off to Quiet Start Before Monday Commute 3) Canada’s Trudeau Is Likely to Resign This ...

6 Jan 202516min

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

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 the December jobs report and Delta Airlines earnings. In t...

4 Jan 202538min

Special Coverage: Mike Johnson Wins House Speaker Vote

Special Coverage: Mike Johnson Wins House Speaker Vote

Republican Mike Johnson won reelection as House speaker, overcoming resistance from a small but pivotal group of conservative hardliners after a flurry of last-minute talks and with the help of a crit...

3 Jan 202518min

FBI Investigates Links in New Orleans Attack; Biden to Block Nippon Steel Deal

FBI Investigates Links in New Orleans Attack; Biden to Block Nippon Steel Deal

On today's podcast: 1) The FBI says the truck attack in New Orleans was an act of terrorism 2) Republicans hope to avoid a leadership fight as Congress votes for House Speaker today 3) Sources tell B...

3 Jan 202516min

Instant Reaction: Cybertruck Blast Suspect Identified

Instant Reaction: Cybertruck Blast Suspect Identified

The suspect who died in a Cybertruck explosion outside the Trump Las Vegas hotel on Wednesday was identified as Matthew Alan Livelsberger, according to people familiar with the matter. Hosts Carol Mas...

2 Jan 202510min

New Orleans Attack, Cybertruck Explosion Raise Security Fears

New Orleans Attack, Cybertruck Explosion Raise Security Fears

On today's podcast: 1) New Orleans Attack, Cybertruck Explosion Raise US Security Fears 2) US Stocks Set for Bounce After Four-Day Losing Run 3) US Dockworkers, Port Employers Set to Restart Talks Nex...

2 Jan 202516min

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