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)

Global Rally Following Fed Decision, Reddit Set to Debut

Global Rally Following Fed Decision, Reddit Set to Debut

On today's podcast: 1) Stocks Roar on Confidence Rate Cuts Are Coming 2) Reddit IPO Prices at Top of Range to Raise $748 Million 3) DOJ to Sue Apple for Antitrust Violations as Soon as Thursday See om...

21 Mars 202417min

Instant Reaction: Jay Powell on Fed Policy

Instant Reaction: Jay Powell on Fed Policy

Bloomberg's Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.

20 Mars 202427min

Instant Reaction: The Fed Decides

Instant Reaction: The Fed Decides

Bloomberg's Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information...

20 Mars 202431min

Latest Election Results, U.S. Weighing China Chip Sanctions

Latest Election Results, U.S. Weighing China Chip Sanctions

On today's podcast: 1) Trump-Backed Moreno Wins GOP US Senate Primary in Ohio 2) US Weighs Sanctioning Huawei’s Secretive Chinese Chip Network 3) Fed to Give Fresh Clues on Path of Rate Cuts See omnys...

20 Mars 202417min

Shutdown Deal, Wall Street Bonus Pay Drops

Shutdown Deal, Wall Street Bonus Pay Drops

On today's podcast: 1) US Lawmakers Reach Deal to Keep Government Open Through Sept. 30 2) BOJ Ends Era of Negative Rates With Few Clues on Further Hikes 3) Wall Street Bonuses Decline Slightly Amid a...

19 Mars 202417min

Putin Warns Russia Won’t Stop; Apple & Alphabet in Blockbuster AI Talks

Putin Warns Russia Won’t Stop; Apple & Alphabet in Blockbuster AI Talks

On today's podcast: 1) Putin Warns Russia Won’t Stop After Predictable Election Win 2) Apple Is in Talks to Let Google Gemini Power iPhone AI Features 3) Global Policy Decisions This Week See omnystud...

18 Mars 202416min

Daybreak Weekend: Fed Preview, UK Rate Decision, Tencent Earnings

Daybreak Weekend: Fed Preview, UK Rate Decision, Tencent Earnings

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 decision and Nike earnings. In the UK -  ...

16 Mars 202437min

TikTok Ban Update; Fed in No Rush to Cut

TikTok Ban Update; Fed in No Rush to Cut

On today's podcast: 1) TikTok Ban-or-Divest Bill Is Going Nowhere Fast in Senate 2) Fed Gets More Reasons to Delay Rate Cuts in Latest Data 3) Adobe Drops on Weak Forecast Fueled by AI Competition Fea...

15 Mars 202417min

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