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(1599)

Special Coverage: French Government Falls After Vote

Special Coverage: French Government Falls After Vote

Far-right leader Marine Le Pen teamed up with a left-wing coalition to topple the French government, pitching the country into a prolonged period of turbulence that’s likely to further unsettle invest...

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French Government on Brink of Collapse; South Korea’s Yoon Faces Impeachment

French Government on Brink of Collapse; South Korea’s Yoon Faces Impeachment

On today's podcast: 1) Macron Asks French Lawmakers Not to Topple the Government 2) South Korea’s Opposition Submits Impeachment Motion Against Yoon 3) Trump Mulls Replacing Hegseth With Florida Gover...

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French Government on Brink of Collapse; SpaceX Valuation Takes Off

French Government on Brink of Collapse; SpaceX Valuation Takes Off

On today's podcast: 1) French Lawmakers to Vote Wednesday on Toppling the Government 2) SpaceX Weighs Sale of Insider Shares at $350 Billion Valuation 3) Buy ‘Magnificent Seven’ on Corrections, NYU’s ...

3 Dec 202417min

Hunter Biden Pardoned; Stocks Enter December at Record High

Hunter Biden Pardoned; Stocks Enter December at Record High

On today's podcast: 1) Biden Pardons Son Hunter in Reversal With Weeks Left in Term 2) Trump Weaponizing Dollar Seen as a Needless BRICS Provocation 3) S&P 500 Clocks Best Month of the YearSee omnystu...

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Daybreak Weekend: Jobs Preview, Poland Election, Trump Tariffs

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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 November jobs report and oil outlook. In the UK - a pr...

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Black Friday Markets; Dollar Heads for Worst Week Since August

Black Friday Markets; Dollar Heads for Worst Week Since August

On today's podcast: 1) Dollar Heads for Worst Week Since August as Trump Trade Stalls  2) Wall Street Macro Traders Head for Worst Year Since the Pandemic 3) Yen Breaches Key 150 Level as Tokyo Inflat...

29 Nov 202416min

Daybreak Holiday: November Jobs, Oil Volatility, Antitrust Under Trump

Daybreak Holiday: November Jobs, Oil Volatility, Antitrust Under Trump

In this Thanksgiving Day special edition of Bloomberg Daybreak with Nathan Hager: BMO's Jen Lee and Citi's Veronica Clark preview the November jobs report Stephen Schork of the Schork Group looks at ...

28 Nov 202438min

Trump Picks Key Trade Official; Israel-Hezbollah Temporary Ceasefire

Trump Picks Key Trade Official; Israel-Hezbollah Temporary Ceasefire

On today's podcast: 1) President-elect Trump adds trade rep Jamieson Greer to team as Goldman Sachs warns of tariff threat 2) A temporary ceasefire is under way between Israel and Hezbollah 3) A slew ...

27 Nov 202416min

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