Bloomberg Wall Street Week - May 19th, 2023

This week, the dollar remains the world’s dominant currency, but economist Ken Rogoff thinks rising debt and geopolitical shifts are eroding its position as the world’s reserve currency. And, AI-powered search is reducing web traffic, forcing publishers to rethink how they attrac ...  Show more

This week, the UK’s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting co ...  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 ...