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(1601)

Instant Reaction: The Fed Cuts Rates 50-Basis-Points

Instant Reaction: The Fed Cuts Rates 50-Basis-Points

Bloomberg’s Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve’s decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listen...

18 Sep 202429min

Countdown to Big Fed Decision; Tupperware Files for Bankruptcy

Countdown to Big Fed Decision; Tupperware Files for Bankruptcy

On today's podcast: 1) Stocks Waver in Face of Debate on Size of Fed Cut 2) Tupperware Files for Bankruptcy as Turnaround Effort Fails 3) Trump Pledges to Restore SALT Write-Off  See omnystudio.com/li...

18 Sep 202417min

Fed Rate Debate Reaches Fever Pitch; Intel to Make Chips for Amazon

Fed Rate Debate Reaches Fever Pitch; Intel to Make Chips for Amazon

On today's podcast: 1) Stocks Rise With Data in Focus Before Fed    2) Intel to Make Custom AI Chip for Amazon    3) Harris Leads Trump in Pennsylvania: USA Today Poll    4) Falcons beat Eagles 22-21 ...

17 Sep 202422min

Trump Responds to Second Apparent Attempt on Life; Fed Readies to Cut

Trump Responds to Second Apparent Attempt on Life; Fed Readies to Cut

On today's podcast: 1) A second apparent attempt on Donald Trump's life adds a new twist to the presidential race 2) Investors turn their focus on the Fed, with a long-awaited rate cut expected this w...

16 Sep 202417min

Daybreak Weekend: Fed Meeting, Eurozone Data, BOJ Decision

Daybreak Weekend: Fed Meeting, Eurozone Data, BOJ Decision

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 next week’s Fed meeting and FedEx earnings. In the UK – a ...

14 Sep 202436min

Boeing Workers Walk Out; Trump Says No More Debates

Boeing Workers Walk Out; Trump Says No More Debates

On today's podcast: 1) Boeing’s Seattle Workers Walk Out in First Strike Since 200 2) Trump Rules Out More Presidential Debates With Harris 3) Dudley Sees Case for Half-Point Fed Rate Cut Next Week  S...

13 Sep 202422min

SpaceX's Historic Spacewalk; Trump Reluctant to Debate Harris

SpaceX's Historic Spacewalk; Trump Reluctant to Debate Harris

On today's podcast: 1) SpaceX Attempts the First Ever Privately-Funded Spacewalk 2) Donald Trump Says He Might Not Want Another Debate with Kamala Harris 3) Global Stocks in Rally Mode Ahead of Anothe...

12 Sep 202420min

Trump-Harris Spar on Debate Stage; Taylor Swift Endorses Harris

Trump-Harris Spar on Debate Stage; Taylor Swift Endorses Harris

On today's podcast: 1) Harris Has Trump On Defense in Sharp-Elbowed Presidential Debate 2) Taylor Swift Endorses Harris for President After Debate 3) US Two-Year Yield Falls to Lowest Since 2022 Ahead...

11 Sep 202426min

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