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)

Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

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Bank Earnings Begin; Apple Makes Another AI Move

Bank Earnings Begin; Apple Makes Another AI Move

On today's podcast: 1) Wall Street Awaits Bank Earnings 2) Apple to Overhaul Entire Mac Line With AI-Focused M4 Chips 3) Biden Cancels $7 Billion in Student Debt See omnystudio.com/listener for privac...

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Fed Rate Bets Change; Biden Aims to Reduce Gun Violence

Fed Rate Bets Change; Biden Aims to Reduce Gun Violence

On today's podcast: 1) Traders See Fed Waiting Until After Summer to Cut as Yields Soar 2) US Sees Imminent Missile Strike on Israel by Iran, Proxies 3) Biden Administration to Issue Rule Closing Gun-...

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Investors Brace for Inflation Data; Biden Critical of Israel

Investors Brace for Inflation Data; Biden Critical of Israel

On today's podcast: 1) Barrage of Short Wagers Leaves Bonds Primed for Post-CPI Squeeze 2) Biden calls Israel's handling of the war in Gaza a mistake. 3) Boeing Crisis of Confidence Deepens With 787 N...

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Fed Rate Cut Debate; McConnell Backs TikTok Divestment Bill

Fed Rate Cut Debate; McConnell Backs TikTok Divestment Bill

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Yellen Wraps China Talks; Israel Preps Future Operations; Total Eclipse

Yellen Wraps China Talks; Israel Preps Future Operations; Total Eclipse

On today's podcast: 1) Treasury Secretary Janet Yellen says US-China Relations are Improving 2) Israel is Removing Some Troops from Gaza as its Preps for Potential Offensive on Rafah 3) The Day of the...

8 Apr 202417min

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

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 CPI data and bank earnings. In the UK – a look at next...

6 Apr 202438min

Wall Street Awaits Jobs Report; Yellen Blasts China

Wall Street Awaits Jobs Report; Yellen Blasts China

On today's podcast: 1) Wall Street Awaits March Jobs Report 2) Yellen Blasts ‘Coercive’ China Moves on US Firms, Urges Reforms 3) Biden Tells Netanyahu US Support Hinges on Protecting Civilians See om...

5 Apr 202421min

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