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Bloomberg Surveillance 5/19/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
US Consumer Navigating Shocks 'Remarkably Well,' Says Michelle Meyer
Elevated energy prices have stoked inflation fears, raising the risk that the Federal Reserve and other central banks may need to keep rates elevated. Michelle Meyer, Chief Economist and Head of the Economics Institute at Mastercard, discusses how the consumer is faring amid an increasingly uncertain economic picture, especially as summer travel picks up. (Source: Bloomberg)
New York hotel workers union reaches deal to avoid strike ahead of World Cup
Eight-year contract between union and hospitality industry group will boost pay of hotel housekeepers to over $100,000A deal between a New York hotel union and an hospitality industry group is set to boost the earnings of hotel housekeepers to more than $100,000, as part of a pact to avoid threatened strike action during the Fifa World Cup beginning in June.The eight-year contract agreement between the Hotel and Gaming Trades Council – representing 27,000 hotel workers – and the Hotel Associatio...
Williams CEO Sees Gas Demand Outpacing Past Years on Powering AI
Demand for US natural gas is set to rise in the next 10 years more than it did for the past 15 years amid growing power needs from data centers supporting artificial intelligence and a global push for energy security, according to the head of Williams Cos.
Unified RERA portal launched: What it means for buyers, project transparency
A new unified RERA portal now centralises real estate project information nationwide, offering homebuyers unprecedented transparency and ease of access. Buyers can now verify project registrations, builder compliance, and complaint statuses on a single platform, simplifying the purchasing process and reducing reliance on builder claims. This initiative aims to streamline data and empower consumers.
BPCL Turns to Spot Crude as Iran Conflict Disrupts Term Supplies
India’s Bharat Petroleum Corp. Ltd. has largely shifted to making spot crude purchases as the Iran war upends annual arrangements for Middle Eastern barrels, highlighting challenges for refiners to secure supplies.
Why Financial Distress Doesn’t Mean A Nonprofit Is Broken, Just Undercapitalized
BusinessWhy Financial Distress Doesn’t Mean A Nonprofit Is Broken, Just UndercapitalizedByRyan Dewey Smith,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramMay 19, 2026, 11:35am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Most nonprofits haven’t professionalized their business acumen.gettyThe 2025 National State of t...
Treasury Yields Hit Highest Level Since 2007—Here’s Why Analysts Worry About U.S. Debt
BreakingBusinessTreasury Yields Hit Highest Level Since 2007—Here’s Why Analysts Worry About U.S. DebtByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 19, 2026, 11:30am EDTToplineLong-term Treasury yields hit their highest level since the global financial crisis in 2007 on Tuesday, highlighting broader investor concerns about inflation and fiscal policy in the U.S., as some analysts anticipate a steeper selloff for bonds. The U.S. national deb...
'Was an hour away': Trump on halting planned military attack on Iran
US President Donald Trump revealed the United States was hours from striking Iran, with warships ready, before a diplomatic opening prompted a pause. He warned of further "big hits" if negotiations fail, but Gulf leaders urged him to hold off. Iran's army countered by threatening to "open new fronts" if strikes resume.
Ometto Weighs Buying Cosan Farm Assets Instead of Funding Raízen
Billionaire Rubens Ometto is considering acquiring part of the farmland portfolio held by Radar, Cosan SA’s land management unit, according to people familiar with the matter, a move that could derail the entrepreneur’s plans to inject fresh capital into Raízen SA.
AIIB to provide $320m loan for N-5 highway reconstruction project
ISLAMABAD: Pakistan and the Asian Infrastructure Investment Bank (AIIB) on Tuesday signed a $320 million loan agreement for the reconstruction and improvement of critical sections of the N-5 highway — the country’s longest national highway from Karachi to Torkham near the Afghan border. The loan agreement was signed for “Reconstruction of National Highway N-5 under Pakistan’s Resilient Recovery, Rehabilitation and Reconstruction Framework Project,” amounting to $320.16 million. The project will...
Anduril’s $61 Billion Valuation Is A Bet On Pentagon Speed
InnovationAIAnduril’s $61 Billion Valuation Is A Bet On Pentagon SpeedByRenana Ashkenazi,Contributor.Forbes contributors publish independent expert analyses and insights. Managing Partner at Grove Ventures, investing in deep-tech and AIFollow AuthorMay 19, 2026, 11:02am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SAN JUAN CAPISTRANO, CA - NOV. 22, 2024: Anduril employees deploy a counter drone and counter intrusion dem...
Scrapping 86,000 new car parking spaces could save $5.2bn and drive down rents, Grattan report finds
About 40% of parking spaces under apartments in Australia sit empty, yet strict planning rules mean more unwanted spots continue to be builtGet our breaking news email, free app or daily news podcastAustralia risks squandering $5.2bn by building 86,000 unwanted car parking spaces in the next five years, according to research by the Grattan Institute.The report recommends urgent reform to planning rules, including scrapping a requirement for a minimum number of car parking spaces per bedroom for...
RBI transparency push: Banks may soon have to disclose liquidity & risk data
The Reserve Bank of India (RBI) on Tuesday proposed a revised disclosure framework under Basel III norms that would require banks to publish more detailed information on capital adequacy, leverage, liquidity and risk exposure, in a move aimed at strengthening transparency and market discipline, PTI reported.
Inflation Angst Drives US Long-Dated Bond to 2007 High
Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concern over accelerating inflation fueled a selloff in global debt markets. The move represents a new high-water mark after a recent bond selloff pushed government yields around the globe to multiyear highs. Joe LaVorgna, Chief Economist at SMBC Nikko Securities, discusses the impact of higher inflation on rates, the US consumer, and President Trump's economic agenda. (Source: Bloomberg)
Nasdaq 100 Falls on Chipmaker Rout as Yields Rise
Wall Street’s crowded chipmaker trade continued to unravel, dragging down stocks on speculation that a surge from this year’s lows has gone too far amid war-fueled inflation risks that have sank bonds. Omar Aguilar, CEO and CIO at Schwab Asset Management, discusses his outlook on the markets as 30-year yields climb to a level last seen in 2007. (Source: Bloomberg)
UK inflation rate set to fall as lower household energy bills offset fuel surge
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ECB May Act As Iran Shock Persists
The European Central Bank may have to respond to the economic challenges arising from the conflict in the Middle East, according to Governing Council members Joachim Nagel and Francois Villeroy de Galhau, who spoke jointly to BTV’s Oliver Crook on the sidelines of the G7 Finance Ministers meeting in Paris on Tuesday. (Source: Bloomberg)
What are today's mortgage interest rates: May 19, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 19, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He write...
Dubai Chamber showcases DP World’s cargo war risk insurance to strengthen trade resilience - Emirates 24|7
Dubai Chamber showcases DP World’s cargo war risk insurance to strengthen trade resilience Emirates 24|7