As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.
President Trump wants companies to report earnings less often. Good idea?
President Trump wants companies to report earnings less often. Good idea?
US President Donald Trump, center, hosts a cabinet meeting in the Cabinet Room of the White House on Aug. 16, 2018 in Washington, DC.
Oliver Contreras-Pool/Getty Images
There’s a dance called earnings season that happens in the corporate world every three months. Public companies are required to open their books and add up all those debits and credits so that investors, analysts, and the media can comb through their financial statements. President Donald Trump on Friday said he’s asked the Securities and Exchange Commission to study canceling two of these dances, dropping the reporting requirement from quarterly to semiannually. What are the pros and cons of that approach?
Click the audio player above to hear the full story.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.
What happened today?
Make today make sense with our new 10-minute daily Make Me Smart podcast.