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Business Matters
US central bank governor to sue Trump
Business Matters
Aug 27, 2025

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert and former Cleveland Federal reserve President, to Loretta Mester.

And in just a few hours’ time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil, which Washington argues helps finance Moscow's war in Ukraine.

Roger will be joined throughout the programme by two guests on opposite sides of the world - Andy Xie, an independent economist normally in Shanghai but currently in Kamamoto, Japan on holiday - and Takara Small, National Technology Columnist, CBC, in Toronto.

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Aug 28, 2025
Nvidia reports blockbuster results

Californian computer chipmaker Nvidia has reported record revenue figures of almost US$47bn for the second quarter of this year, surpassing all market expectations after being boosted by big tech firms eager to expand their artificial intelligence (AI) capabilities.

The Santa Clara-based business claims its likely grow to $54bn, but its positioning in China appear somewhat uncertain as executives said they "continue to work through geopolitical issues" due to the ongoing international tariff wars.

Meanwhile Donald Trump's steep 50% tariffs on India have kicked in after Washington's window for a trade deal lapsed and the US president issued an order imposing an additional 25% penalty on New Delhi over its purchases of Russian oil.

While India prime minister Modi has criticised the levies as "unfair, unjustified and unreasonable", Roger Hearing will be joined by Karen Percy in Melbourne and Walter Todd in South Carolina to discuss what this could mean for both countries and who will be picking up the extra costs?

Elsewhere Donald Trump has threatened the billionaire financier, George Soros, with an indictment for racketeering.

We hear about the challenges endured by professional golfers trying to survive in Africa.

And keep it down - a campaign has begun in London after a growing number of people said they felt aggravated by headphone-dodgers who broadcast music and entertainment for all passengers to hear on the city's trains and buses.

Global business news, with live guests and contributions from Asia and the USA.


49min 26sec



US central bank governor to sue Trump

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