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(1606)

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

Biden and Netanyahu to Speak; Iger Wins Proxy Fight

Biden and Netanyahu to Speak; Iger Wins Proxy Fight

On today's podcast:1) Tensions deepen between President Biden and Israeli Prime Minister Benjamin Netanyahu2) Treasury Secretary Janet Yellen Heads to China for Talks 3) Disney Shareholders hand CEO B...

4 Apr 202416min

Deadly Taiwan Earthquake, Biden Escalates Criticism of Israel

Deadly Taiwan Earthquake, Biden Escalates Criticism of Israel

On today's podcast: 1) Worst Taiwan Quake in 25 Years Kills Seven, Disrupts Chips 2) Biden Escalates Criticism of Israel After Aid Worker Deaths 3) Fed Blocks Tough Global Climate-Risk Rules for Wall ...

3 Apr 202418min

Trump Posts Bond, June Rate-Cut Odds Fall

Trump Posts Bond, June Rate-Cut Odds Fall

On today's podcast: 1) Trump $175 Million Bond Arranged by Billionaire Supporter’s Firm 2) Iran Vows Revenge on Israel For Strike on Consulate in Syria 3) June Rate-Cut Odds Dip Below 50% as Strong IS...

2 Apr 202417min

Powell Talks Rates; Turkey's Historic Election

Powell Talks Rates; Turkey's Historic Election

On today's podcast: 1) Fed Chair Jay Powell Reacts to PCE Data and Reiterates Rate Cut Outlook 2) Congress Returns to Address Ukraine Aid 3) Turkish President Erdogan Suffers Major Election Defeat See...

1 Apr 202417min

Daybreak Weekend: U.S Jobs, European Core Inflation, China PMIs

Daybreak Weekend: U.S Jobs, European Core Inflation, China PMIs

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 March jobs report and Disney’s annual meeting of share...

30 Mars 202437min

Instant Reaction: Jay Powell Speaks

Instant Reaction: Jay Powell Speaks

Bloomberg's Nathan Hager and Michael McKee discuss the latest PCE data and reaction from Fed Chair Jerome Powell. Plus, reaction from Wells Fargo Senior Economist Sarah House.See omnystudio.com/listen...

29 Mars 202415min

Instant Reaction: Inflation Data

Instant Reaction: Inflation Data

Bloomberg's Nathan Hager breaks down the latest PCE data with Bloomberg Economics and Policy Editor Michael McKee. Plus, reaction to the data from Tom Porcelli, Chief US Economist at PGIM Fixed Income...

29 Mars 202429min

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