Fed Officials Say Moody's Downgrade Complicates Inflation Outlook
If the U.S.'s loss of its final perfect credit rating boosts yields on Treasury debt, it likely would boost the cost of borrowing for both companies and consumers.
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Stocks Pare Losses
Stocks were mixed after Moody's Ratings downgraded the U.S. and a tax bill that would worsen the country's fiscal picture passed a key hurdle.
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GOP Factions in Tug of War Over Spending Cuts
The party's leaders in the House face some difficult trade-offs in their effort to pass by the end of the week a measure that would reduce taxes and trim Medicaid.
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U.K. and EU Strike Trade, Security Deal Years After Brexit
The agreement doesn't undo Brexit but shows both sides have buried the hatchet after years of painful wrangling.
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Jamie Dimon Says Tariffs Might Inflict More Economic Pain Than Investors Realize
The JPMorgan CEO warned of complacency in the markets at the bank's investor day.
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EU Lowers Growth Forecast as U.S. Tariffs Expected to Hit Exports
The European Commission warned a further rise in tariffs would inflict more damage on the bloc's economy but also that increased spending on defense could lift activity.
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The Stark Math on the GOP Tax Plan: It Doesn't Cut the Deficit
House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal worsens the U.S. fiscal picture.
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China's Economy Feels the Sting From Trade War
The Chinese economy slowed amid shocks from hefty U.S. tariffs, with growth in industrial production slowing from the prior month.
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Trump-Putin Call Yields No Immediate Breakthrough on Ukraine Cease-Fire
Two leaders spoke over the phone for more than two hours as the White House presses for a deal to end the fighting in Ukraine.
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SEC Chair Signals Investor Access to Private Markets Could Soon Broaden
The regulator will consider changes that could make it easier for investors to put money into hedge funds and private-equity funds.
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Strong earnings keep stock-market bulls in charge. What could bring the rally to a halt?
U.S. stocks have mounted a strong comeback, but lurking behind the optimism is one of the market's old, expensive problems: stocks are pricey once again.
(END) Dow Jones Newswires
May 19, 2025 15:00 ET (19:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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