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BI Weekend: Boeing Deal, Microsoft Job Cuts, US Drug Prices

Bloomberg Intelligence

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Legal Challenges and Market Impacts

This chapter examines the potential legal authority of President Trump to fire Fed Chair Powell and the judicial implications of such an action. It explores the ideological divides among judges regarding removal restrictions and contextualizes recent rulings alongside historical presidential actions, including a case study on TikTok. Additionally, the chapter delves into Boeing's recovery in the aerospace sector amid changing U.S.-China trade relations and highlights the challenges still faced by the company.

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