Bloomberg clips 19 May 2025

 

Treasuries, Dollar Fall as Moody’s Sharpens Focus on US Debt

Investor attention turns to the US’ ballooning debt after Moody’s stripped the nation of its last top credit rating.

Explainer

What the US Losing Its Last AAA Credit Rating Means

Fed Officials Signal Possible Rate Hold Until at Least September

Jim Millstein Says US Risks ‘Fiscal Disaster’ If Recession Hits

Markets Wrap

S&P 500 Erases 1% Slide as Dip Buyers Wade Back In

Chip Somodevilla/Getty Images

 

 

 

 

 

 

Trump Tax Bill Advances After Deal for Faster Medicaid Cuts

Republican hardliners won agreement from party leaders to speed up cuts to Medicaid health coverage.

New York Republican Floats Higher Tax Rate to Pay for SALT

Chris Kleponis/CNP/Bloomberg

 

 

 

 

 

 

 

 

 

Lutnick Divests Cantor Fitzgerald to His Children, 26North

Howard Lutnick was CEO of Cantor Fitzgerald until he joined Donald Trump’s cabinet as commerce secretary in February.

Earlier

Howard Lutnick Starts Wall Street Dynasty With DJ and Trader Sons

Trump's Immigration Policy

Private PrisonsLong-Distance TransfersHabeas Corpus

Al Drago/Bloomberg

Supreme Court Lets Trump End Some Venezuelan Migrant Protections

The court’s order left open the possibility that the Venezuelans could press other types of lawsuits to maintain their rights.

Earlier

Supreme Court Extends Halt of Trump Venezuelan Deportations

Bloomberg Opinion

Moody’s Market Jolt Will Leave Its Mark

History suggests the downgrade to America's credit rating will increase bond volatility.

By Jonathan Levin, Columnist

Guess Where Harvard’s Private Equity Will Likely End Up

By Nir Kaissar, Columnist

Republicans Like Europe — Whether They Know It or Not

By Allison Schrager, Columnist

The White House Got ‘Overcriminalization’ Right

By Stephen L. Carter, Columnist

Chris Ratcliffe/Bloomberg

 

 

 

 

 

China Accuses US of Undermining Trade Talks With Warnings Against Huawei Chips

Tensions over Huawei’s next-generation of chips underscore how fragile trade talks remain between the US and China.

Michael Nagle/Bloomberg

 

 

 

 

 

 

 

 

 

JPMorgan Sees Investment-Banking Fees Falling by More Than Expected

A lot of clients "tapped the brake" amid the volatility, Doug Petno, co-CEO at JPMorgan’s commercial and investment bank, during the bank’s investor day.

JPM

0.70%

GS

0.91%

The Big Take

Why Apple Still Hasn’t Cracked AI

Insiders say continued failure to get artificial intelligence right threatens everything from the iPhone’s dominance to plans for robots and other futuristic products.

AAPL

1.11%

Newsletter: Power On

Apple’s $100 Billion-a-Year App Store Will Never Be the Same

Latest

15 min

Moody’s Cuts Ratings on Major Banks After Downgrading US

25 min

Fed’s Logan Calls for Strengthening Rate-Control Tools

27 min

Dollar ‘Fiscal Frown’ Theory Has Deutsche Bank Warning of Losses

28 min

Senator Asks SEC to Probe Firms Advising Against JBS US Listing

35 min

Siebert Sees Muni Borrowers Asking More of Banks Amid Volatility

40 min

TotalEnergies Signs New LNG Deal with Proposed Canadian Site

See all latest

Listen, Watch and Catch Up

Watch (11:18)

Is the Age of American Exceptionalism Over?

Newsletter: Odd Lots

About That Moody’s Downgrade

Newsletter: Tech In Depth

Saudi Arabia, UAE See AI Buildup as Key to Post-Oil Power

Newsletter: Economics Daily

Sell America Debate Back After Moody’s Downgrade

Newsletter: Supply Lines

Tariffs Emerge as a Fiscal Blind Spot in GOP Budget Debate

Newsletter: Morning Briefing: Americas

‘Sell America’ Trade Returns After Moody’s Downgrade

Bloomberg News Now

Listen to the latest: Trump-Putin Ukraine Talks, Dip Buyers Return to the Market, More

4:29

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CBS News Chief McMahon Resigns Under Pressure From Paramount

Wynn Ditches NYC Casino Plan, Predicting Years of Opposition

Dum Dums Lollipops Stands by Bright Dyes, Despite RFK Jr.’s Push

Biden Is Diagnosed With ‘Aggressive’ Form of Prostate Cancer

 

 

NewsBreak

3 hours ago

Fed's Williams says no significant move out of US assets seen so far, monetary policy in good place