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)

Michigan Primary Results; Apple Ditches Self-Driving Car

Michigan Primary Results; Apple Ditches Self-Driving Car

On today's podcast: 1) Biden, Trump Win in Michigan, Edging Closer to 2024 Rematch 2) Congress Leaders Meet Biden, Are Upbeat on Averting Shutdown 3) Apple Ditching Car Effort Boosts Urgency of Bets o...

28 Feb 202417min

Key White House Meeting; Biden Optimism on Cease-Fire

Key White House Meeting; Biden Optimism on Cease-Fire

On today's podcast: 1) Biden to Meet With Congressional Leaders 2) Biden Hopes Gaza Cease-Fire Starts as Soon as Next Monday 3) Bitcoin Tops $57,000 Price Level for First Time Since Late 2021 See omny...

27 Feb 202417min

Shutdown Countdown; Haley Loses Key Donor

Shutdown Countdown; Haley Loses Key Donor

On today's podcast: 1) Schumer Says Shutdown Risk Remains With Funding Deal Elusive 2) Netanyahu Says He’ll Soon Have Action Plan for Rafah Civilians 3) Koch Network to Stop Funding Haley in Blow to H...

26 Feb 202417min

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu Earnings

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu 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 - Lowes earnings and fresh economic data In the UK - Its the Mobile World...

24 Feb 202438min

US Equities Hit Records; Stock Soars on Moon Landing

US Equities Hit Records; Stock Soars on Moon Landing

On today's podcast: 1) Stocks, Futures Pause After Record-Busting Rally  2)  US Lands on Moon in Historic Feat for Private Spacecraft   3) Goldman Pushes Back Bet on First Fed Interest-Rate Cut to Jun...

23 Feb 202417min

Nvidia Fuels Global Rally; Goldman & Boeing Management Changes

Nvidia Fuels Global Rally; Goldman & Boeing Management Changes

On today's podcast: 1) Nvidia Surges After AI Boom Shows No Signs of Letting Up 2) Nasdaq Futures Up 2% as Nvidia Powers Global Rally 3) Goldman’s Beth Hammack, Set to Crack Top Ranks, Is Leaving See ...

22 Feb 202417min

Wall Street Awaits Nvidia Earnings; Amazon Added to the Dow

Wall Street Awaits Nvidia Earnings; Amazon Added to the Dow

On today's podcast: 1) Investors Await Nvidia Earnings 2) Amazon Set to Replace Walgreens in Dow Jones Industrial Average 3) Citi Lifts Fraser’s Pay to $26 Million as Investors Eye Overhaul See omnyst...

21 Feb 202417min

Capital One Buys Discover; US Warns Israel

Capital One Buys Discover; US Warns Israel

On today's podcast: 1) Capital One to Buy Discover for $35 Billion in Top 2024 Deal 2) Barclays Vows to Return Billions to Investors in Overhaul 3) US Warns Israel Against an Attack on Rafah in UN Dra...

20 Feb 202417min

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