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(1605)

Ukraine & Israel Aid Nears; Trump Trial Opening Statements

Ukraine & Israel Aid Nears; Trump Trial Opening Statements

On today's podcast: 1) US Aid Gives Kyiv Respite But Battlefield Shift Remains Far Off 2) Opening Statements in Former President Trump's 'Hush Money' Trial 3) Magnificent 7 Set to Report Earnings See ...

22 Apr 202417min

Daybreak Weekend: Tesla Earnings, European Banks, Auto Show China

Daybreak Weekend: Tesla Earnings, European Banks, Auto Show China

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 U.S core PCE and GDP data, and Tesla earnings. In the UK –...

20 Apr 202438min

Israel Reportedly Strikes Iran; Military Aid Vote

Israel Reportedly Strikes Iran; Military Aid Vote

On today's podcast: 1) U.S. officials say Israel Launched a Retaliatory Strike on Iran 2) Aid Packages for Israel, Ukraine, and Taiwan Get a Push on Capitol Hill 3) The Jury's Seated in the Criminal C...

19 Apr 202417min

Netflix Crushes Subscriber Estimates: Reaction and Analysis

Netflix Crushes Subscriber Estimates: Reaction and Analysis

Netflix posted its best start to the year since 2020, attracting more new customers than anyone expected thanks to a strong slate of original programs and a crackdown on password sharing. Bloomberg Bu...

18 Apr 202421min

Biden Talks Tough on China; TikTok Faces Reckoning as Divest-or-Ban Vote Nears

Biden Talks Tough on China; TikTok Faces Reckoning as Divest-or-Ban Vote Nears

On today's podcast: 1) Biden Calls China ‘Xenophobic,’ Ramping Up Campaign Rhetoric 2) TikTok Faces Washington Reckoning as Divest-or-Ban Vote Nears 3) Mester Says Fed Can Hold Rates Steady, Not In a ...

18 Apr 202417min

Fed Rate-Cut Delay; Trump Trial Update

Fed Rate-Cut Delay; Trump Trial Update

On today's podcast: 1) Powell Signals Rate-Cut Delay After Run of Inflation Surprises 2) Trump Hush Money Trial Adjourns Till Thursday 3) Morgan Stanley Is Planning Biggest China Job Cuts in Years See...

17 Apr 202417min

Israel Vows Revenge; Trump Trial Update

Israel Vows Revenge; Trump Trial Update

On today's podcast: 1) Israel Vows Response to Iran as US and Allies Urge Restraint 2) Trump Trial Off to Slow Start With Ex-President Appearing Bored 3) Fed’s Daly Says No Urgency to Cut, Policy in a...

16 Apr 202417min

Stocks Calm Following Iran Attack; Trump Trial Begins

Stocks Calm Following Iran Attack; Trump Trial Begins

On today's podcast: 1) Stocks Rise in Return to Calm as Oil Prices Slide 2) Trump’s NY Criminal Trial to Mark Milestone in American Politics 3) Goldman Set to Report Earnings See omnystudio.com/listen...

15 Apr 202417min

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