Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

On today's podcast:
1) Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Donald Trump’s second term. In New York, voters elected 34-year-old Zohran Mamdani, a democratic socialist, as mayor after he deployed a social media-savvy campaign and joined up with two progressive icons, Vermont Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez. Mamdani — who will be New York’s first Muslim and South Asian mayor when he takes office Jan. 1 — campaigned on making the global business hub more affordable by using higher taxes on the wealthy to pay for free buses and city-run grocery stores, overcoming many voters’ concerns about his pro-Palestinian views.
2) Abigail Spanberger, a 46-year-old former CIA officer who left the House of Representatives after three terms in January, will be the first female governor in Virginia, a state that’s front-and-center in the battle over the government shutdown and efforts to trim the federal workforce. Likewise in New Jersey, Representative Mikie Sherrill, a former Navy helicopter pilot, won a race in which pocketbook concerns about utility bills, health care and schools were more central than culture war issues or government giveaways. About 6 in 10 voters in Virginia and New Jersey described themselves as “angry” or “dissatisfied” with the current state of the country, according to an exit poll conducted by the Associated Press, compared to just one-third who said they were “enthusiastic” or “satisfied.” Meanwhile, California voters passed a ballot measure that could flip as many as five congressional seats to Democrats from Republicans, handing Governor Gavin Newsom a major political victory in his fight against President Trump.
3) The fate of the majority of President Trump’s tariffs is in the hands of the US Supreme Court after lower courts ruled that they were issued illegally under an emergency law. The tariffs have remained in place to allow the Trump administration to appeal to the highest court, which is scheduled to hear arguments today. The Supreme Court case doesn’t touch upon the duties imposed on certain product categories using different legal foundations. For example, the Trump administration has put in place levies on steel, aluminum, automobiles, copper products and lumber by harnessing Section 232 of the 1962 Trade Expansion Act. Those tariffs depend on Commerce Department investigations that concluded that imports of such products pose a national security risk.

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

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
uppgang-och-fall
rss-borsens-finest
rss-svart-marknad
bathina-en-podcast
rss-dagen-med-di
rss-inga-dumma-fragor-om-pengar
fill-or-kill
dynastin
avanzapodden
rss-kort-lang-analyspodden-fran-di
lastbilspodden
24fragor
borsmorgon
tabberaset
svd-tech-brief
kapitalet-en-podd-om-ekonomi