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(1589)

Trump Suspends US Green Card Lottery After Brown, MIT Attacks; DOJ Faces Epstein Files Deadline

Trump Suspends US Green Card Lottery After Brown, MIT Attacks; DOJ Faces Epstein Files Deadline

On today's podcast:1) Officials have found the dead body of the suspected shooter in a Brown University rampage and the murder of a Massachusetts Institute of Technology professor in his Boston-area h...

19 Dec 202515min

Trump Targets Price Anxiety in Primetime Address; US Approves $11 Billion Arms Sale to Taiwan

Trump Targets Price Anxiety in Primetime Address; US Approves $11 Billion Arms Sale to Taiwan

On today's podcast:1) President Trump looked to reassure Americans concerned about the rising cost of living by announcing plans to award a special holiday payment to military service members and roll...

18 Dec 202520min

Trump Orders Sanctioned Oil Tanker Blockade in Venezuela; US Readies New Russia Sanctions

Trump Orders Sanctioned Oil Tanker Blockade in Venezuela; US Readies New Russia Sanctions

On today's podcast:1) President Trump ordered a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas as the US builds up its military presence in the ...

17 Dec 202515min

US Offers Ukraine Security Guarantee; Brown University Shooter Remains at Large

US Offers Ukraine Security Guarantee; Brown University Shooter Remains at Large

On today's podcast:1) US negotiators offered more significant security guarantees to Kyiv as part of President Trump’s renewed push to end the Russia-Ukraine war, but the effort still appeared part of...

16 Dec 202517min

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

On today's podcast: 1) Brown University, mourning two students killed during a shooting rampage Saturday, sent students home and called off final exams, classes and assignments for the fall semester...

15 Dec 202515min

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the November jobs report and quarterly earnings ...

12 Dec 202539min

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

On today's podcast:1) Global stock gauges have record highs in their sights after a week in which affirmation that the Federal Reserve’s interest-rate easing cycle remains intact helped clear the way ...

12 Dec 202515min

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

On today's podcast:1) US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. A senior Trump administra...

11 Dec 202515min

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