Bloomberg Wall Street Week - May 19th, 2023

This week, the Fed holds rate steady, anticipating greater uncertainty and higher prices amid the war in Iran. And AI is advancing fast, but real-world limits mean it may transform industries more gradually and less dramatically than many expect today. Plus, are US tariffs on Can ...  Show more

This week, Steven Rattner of Willett Advisors explains why the US labor market is softening and what tariffs, AI and stagflation risk could mean next. And as Europe prepares to spend more on defense, Sweden is emerging as an unlikely but crucial player in the continent’s push. Pl ...  Show more

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.       Bloomberg Intelligence Senior Retail Analyst Mary Ross Gilbert discusses Macy’s saying that it isn't interested in a bid from Arkhouse Management Co. and Brigade Capital Management to take over the retaile ...  Show more

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Markets Reporter Abigail Doolittle recap Federal Reserve Chair Jerome Powell's testimony before US lawma ...  Show more

Bloomberg News Economics Reporter Rich Miller and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey talk about how the most important question facing the economy and financial markets next year is not whether the Federal Reserve will cut interest rates. It’s why ...  Show more

The market volatility of the past few months has been a boon for the trading divisions of many Wall Street banks, including Morgan Stanley. Laura Noonan, the FT’s US banking editor, explains how success in trading, and a focus on wealth management has positioned Morgan Stanley ...