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The US Supreme Court ruled that Donald Trump has some immunity from criminal charges for trying to reverse the 2020 election results, all but ensuring that a trial won’t happen before the November election. The justices, voting 6-3 along ideological lines, said a federal appeals court was too categorical in rejecting Trump’s immunity arguments, ruling for the first time that former presidents are shielded from prosecution for some official acts taken while in office. Bloomberg's Paul Sweeney and Alix Steel get instant reaction.

The US Supreme Court ruled that Donald Trump has some immunity from criminal charges for trying to reverse the 2020 election results, all but ensuring that a trial won’t happen before the November election. The justices, voting 6-3 along ideological lines, said a federal appeals court was too categorical in rejecting Trump’s immunity arguments, ruling for the first time that former presidents are shielded from prosecution for some official acts taken while in office. Bloomberg's Paul Sweeney and Alix Steel get instant reaction.

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Instant Reaction: Supreme Court Immunity Ruling

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7e934eb7-f249-45c0-b036-b1a001045fd0/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Donald Trump expressed frustration with Iran and told it the “clock is ticking,” hours after drones targeted a nuclear power plant in the United Arab Emirates.Tehran “better get moving, FAST, or there won’t be anything left of them,” Trump said on Truth Social on Sunday. These were his most belligerent comments regarding the Iran war, which remains in a fragile ceasefire, since he returned to the US from China on Friday.
2) Aaron Rai was just another name among a dozen others who had reason to believe the PGA Championship was theirs for the taking Sunday at tough Aronimink.There was Rory McIlroy, Jon Rahm and Xander Schauffele, with 10 majors among them, all ready to seize the moment on a stage that was unfamiliar to Rai.Justin Thomas was the clubhouse leader for nearly four hours after a 65 before the course turned hard under a hot sun.
3) Long Island commuters are poised to battle congested roads and packed buses as a workers’ strike threatens to disrupt travel in and out of New York City unless negotiators can strike a deal.Monday would be the first weekday since the Long Island Rail Road, the nation’s busiest commuter railroad, stopped service on Saturday after roughly 3,500 engineers, signalmen and electrical workers walked off the job following a stalemate between the state-run Metropolitan Transportation Authority and union leaders on a labor deal.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Donald Trump expressed frustration with Iran and told it the &ldquo;clock is ticking,&rdquo; hours after drones targeted a nuclear power plant in the United Arab Emirates.Tehran &ldquo;better get moving, FAST, or there won&rsquo;t be anything left of them,&rdquo; Trump said on Truth Social on Sunday. These were his most belligerent comments regarding the Iran war, which remains in a fragile ceasefire, since he returned to the US from China on Friday. 2) Aaron Rai was just another name among a dozen others who had reason to believe the PGA Championship was theirs for the taking Sunday at tough Aronimink.There was Rory McIlroy, Jon Rahm and Xander Schauffele, with 10 majors among them, all ready to seize the moment on a stage that was unfamiliar to Rai.Justin Thomas was the clubhouse leader for nearly four hours after a 65 before the course turned hard under a hot sun. 3) Long Island commuters are poised to battle congested roads and packed buses as a workers&rsquo; strike threatens to disrupt travel in and out of New York City unless negotiators can strike a deal.Monday would be the first weekday since the Long Island Rail Road, the nation&rsquo;s busiest commuter railroad, stopped service on Saturday after roughly 3,500 engineers, signalmen and electrical workers walked off the job following a stalemate between the state-run Metropolitan Transportation Authority and union leaders on a labor deal.

US Tells Iran ‘Clock Is Ticking’; Aaron Rai Wins PGA Championship

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c2d3c172-7966-435e-8d05-b44e009dfaaa/transcript

Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to earnings from Nvidia and a focus on three stocks for the week ahead.
In the UK – a look ahead to earnings from Europe’s largest low-cost airlines.
In Asia – a look ahead to Japan GDP data.

 

Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to earnings from Nvidia and a focus on three stocks for the week ahead.</li>
<li>In the UK &ndash; a look ahead to earnings from Europe&rsquo;s largest low-cost airlines.</li>
<li>In Asia &ndash; a look ahead to Japan GDP data.</li>
</ul>
&nbsp;

Daybreak Weekend: Nvidia Earnings, Europe Airlines, Japan GDP

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c0587b30-be66-4f46-995a-b44b01427f00/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump said the US and China share common goals for ending the Iran war, including that the Islamic Republic shouldn’t possess a nuclear weapon and that the Strait of Hormuz should reopen. The US administration wants China’s help pressuring Tehran into negotiations to end the conflict, but Beijing has remained cautious, urging further diplomacy and saying disputes over Tehran’s nuclear program should be resolved through dialog. Xi Jinping hailed the results of his meetings with US President Donald Trump and touted an agreement on a new relationship for their countries. The two countries reached an "important consensus" on maintaining stable economic and trade relations while expanding cooperation in various fields.
2) Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before. The move by Miran was expected given his seat on the Fed’s Board of Governors will be taken by Warsh. The Senate on Wednesday narrowly confirmed Kevin Warsh as chair of the Fed, clearing the way for his swearing soon after outgoing Chair Jerome Powell’s term ends on Friday.
3) Apple's partnership with OpenAI has become strained, with OpenAI preparing possible legal action due to the AI startup not seeing the expected benefits from the deal. OpenAI lawyers are working on a range of options, including sending Apple a notice alleging breach of contract, as the company feels Apple's use of OpenAI technology remains limited and features can be hard to find.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump said the US and China share common goals for ending the Iran war, including that the Islamic Republic shouldn&rsquo;t possess a nuclear weapon and that the Strait of Hormuz should reopen. The US administration wants China&rsquo;s help pressuring Tehran into negotiations to end the conflict, but Beijing has remained cautious, urging further diplomacy and saying disputes over Tehran&rsquo;s nuclear program should be resolved through dialog. Xi Jinping hailed the results of his meetings with US President Donald Trump and touted an agreement on a new relationship for their countries. The two countries reached an "important consensus" on maintaining stable economic and trade relations while expanding cooperation in various fields. 2) Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before. The move by Miran was expected given his seat on the Fed&rsquo;s Board of Governors will be taken by Warsh. The Senate on Wednesday narrowly confirmed Kevin Warsh as chair of the Fed, clearing the way for his swearing soon after outgoing Chair Jerome Powell&rsquo;s term ends on Friday. 3) Apple's partnership with OpenAI has become strained, with OpenAI preparing possible legal action due to the AI startup not seeing the expected benefits from the deal. OpenAI lawyers are working on a range of options, including sending Apple a notice alleging breach of contract, as the company feels Apple's use of OpenAI technology remains limited and features can be hard to find.

Trump-Xi Summit Wraps in Beijing; Jay Powell's Final Day as Fed Chair

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b48c6a30-f882-4080-8825-b44b00a27fd4/transcript

Instant Reaction: Supreme Court Immunity Ruling

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