Bloomberg
States Well-Positioned for Recession, Fitch's Kim Says
"States generally are in a solid position to deal with the downturn we expect to come," Eric Kim, Fitch Ratings senior director and head of state government ratings, says on "Bloomberg Markets: The Close."
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Ted Cruz Demands Answers From SF Fed on SVB
Ted Cruz (R) Texas, has asked San Francisco Fed President Mary Daly for information on the collapse of Silicon Valley Bank and says he has received a "dismissive response" and demands answers. He speaks with Annmarie Hordern and Joe...
Bloomberg
China's Politburo Likely to Meet This Week
A meeting of top Chinese leaders, expected this week, will be closely scrutinized for any shift in focus away from stimulus as the economy picks up steam following the end of Covid Zero. Stephen Engle reports on Bloomberg Television.
Bloomberg
Treasuries Show Debt-Ceiling Tension
Nour Al Ali, Bloomberg Markets Live Editor, describes how treasury bills are reflecting fears of a US default.
Bloomberg
Trump Urges Republicans to Get Spending Cuts or Push Default
Former President Donald Trump discusses the US debt situation during a CNN town hall in New Hampshire. (Excerpt)
Bloomberg
Blue-Chip Names are Winning: Hyman
Ann Berry, Threadneedle Founder & Managing Partner discusses the deals market. She speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
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Biden Says GOP Cuts Would Damage Economy
President Joe Biden says if the US defaults on its debt, "the whole world is in trouble." Biden painted a stark picture of the fallout from an unprecedented default, which he said would hit Americans' pocketbooks and weaken the country's...
Bloomberg
How Would a Debt-Limit Breach Affect the US Economy?
Dana Peterson, chief economist of the Conference Board, discusses the US debt limit. President Joe Biden and congressional Republicans made little tangible progress Tuesday toward averting a first-ever US default, but pledged...
Bloomberg
UPL's Frank on Earnings
Mike Frank, CEO of UPL Global Crop Protection, discusses his company's earning results and the impact of heat on agriculture. He speaks with Rishaad Salamat and Haslinda Amin on "Bloomberg Markets Asia".
Bloomberg
Sen. Rick Scott: Very Disappointed Nothing Happened Today
"I'm very disappointed nothing happened today." Senator Rick Scott, a Republican from Florida, discusses the meeting with President Joe Biden at the White House over the debt ceiling.
Bloomberg
Biden Says 'Absolutely Certain' US Will Not Default
President Joe Biden speaks with reporters after meeting with top congressional leaders to discuss the debt limit in the Oval Office. Biden says he would not rule out a short-term debt limit hike. (Excerpts)
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Debt Debate Won't Be Solved in 1-2 Weeks: Jim Millstein
"People get the joke that's going on in Washington," Guggenheim Securities Co-Chair Jim Millstein says while discussing the economic impact of not raising the US debt ceiling during an interview with Romaine Bostick and Sonali Basak on...
Bloomberg
Standard Bank's Stevens on China's Trade, Economy
Jeremy Stevens, Chief China Economist at Standard Bank, discusses his outlook for China's economy ahead of the latest trade data. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Pakistan Tackles Inflation, Supply Shortages
The potential shifts in the political landscape of emerging markets this year are putting investors on edge. Pakistan is one of them, as it faces a debt crisis and rising inflation. Bloomberg's Shery Ahn discusses the country's energy...
Bloomberg
World Bank Chief Sees 'Dangerous Shortage of Growth' Outside China
"There's a dangerous shortage of growth outside China," says World Bank President David Malpass as he discusses the state of the global economy. "That's in large part because investment isn't going into the right places. " He also talks...
Bloomberg
Buffett Predicts Earnings Decline at Berkshire Units
Warren Buffett seems to be cautious about what lies ahead. The billionaire investor expects earnings at the majority of Berkshire Hathaway Inc.'s operations to fall as economic activity may slow down. Su Keenan reports on Bloomberg...
Bloomberg
HPS's Puri on Credit Markets, M&A, Rate Hikes
HPS Investment Partners Governing Partner and Head of Liquid Credit Purnima Puri, says we are closer to the end of the rate hikes than the beginning, however we are likely to live in a sustained elevated rate environment. She also...
Bloomberg
Goldman's Alec Phillips on Debt Ceiling 'X-Date'
Goldman Sachs Research Chief Political Economist, Alec Phillips discusses whether or not he believes there will be a short term extension on the debt ceiling given the potential 'X-Date" of June 1st, and the White House, Senate, and...
Bloomberg
Rep. McCaul on Speaker McCarthy's Support for Ukraine
Rep. Michael McCaul (R) Texas discusses Speaker Kevin McCarthy's comments defending US support for Ukraine, and what the Speaker's comments could mean going forward when House Republicans debate funding for the war in Ukraine. McCaul...
Bloomberg
Durbin Sees an Eventual Deal on Debt Ceiling
Democratic Senator Dick Durbin sees Congress eventually reaching an agreement to raise the debt ceiling and says talks should have started long ago. He speaks to Bloomberg's David Westin in New York.
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AstraZeneca Profit Climbs on Cancer Drugs
AstraZeneca Chief Financial Officer Aradhana Sarin discusses the company's financial results, outlook and strategy. Cambridge, England-based Astra profit rose in the first quarter, helped by sales of its blockbuster oncology treatment....
Bloomberg
Evergrande's Debt Restructuring Plan
China Evergrande is set to give more details on how many creditors support its offshore debt restructuring plan. This comes as the deadline arrives for bond holders to receive compensation if they back the effort. Alice Huang reports on...
Bloomberg
Speaker McCarthy Presses Biden for Compromise on Debt-Limit
House Speaker Kevin McCarthy, a Republican from California, says President Joe Biden is ignoring the debt-limit issue and putting the economy at risk. He is pressing Biden to talk to him about reaching a deal on new legislation. McCarthy...
Bloomberg
The Days of Hyperglobalization Are Receding: Froman
Michael Froman, former US Trade Representative discusses hyperglobalization and new trade agreements. He speaks with David Westin on "Wall Street Week Daily."
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