Saturday, May 17, 2025

Saturday's News Links

[AP] Severe weather, including possible tornado, leaves at least 14 dead in Kentucky; 7 dead in Missouri

[Yahoo/Bloomberg] US Loses Last Top Credit Rating With Downgrade From Moody’s

[AP] US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety

[AP] Republicans forge their tax bill in Trump’s image, with ‘MAGA accounts’ and more

[Yahoo Finance] What's in Trump's 'big, beautiful' tax bill, from MAGA accounts to SALT deductions

[Yahoo/Bloomberg] Grim Economic Outlook Overtakes Solid Earnings as Tariff Disruptions Surface

[Yahoo/Bloomberg] Wall Street Strategists React to Moody’s US Credit Rating Cut

[Politico] Trump says US will set new tariff rates for countries, skirting negotiations

[Yahoo/Bloomberg] Europe Waits to See Where Trump Swerves to Next on Russia

[AP] Colombia seeks to join China-based development bank as Latin America drifts away from Washington

[Bloomberg] Trump’s Deals Cast China Both As Foe And Prize, Blurring Signals

[Bloomberg] Iran’s Khamenei Brands Trump a Liar in Escalation of Rhetoric

[NYT] What Has Changed Since Silicon Valley Bank Collapsed? Not Much.

[NYT] Why Are So Many Retirees Filing for Social Security Earlier?

[NYT] Data Centers’ Hunger for Energy Could Raise All Electric Bills

[WSJ] U.S. Loses Last Triple-A Credit Rating

[WSJ] Medicaid Cuts Are Turning Into a Republican Battle Royal

[WSJ] A Big, Beautiful Detour for the GOP

[WSJ] U.S. Drillers Say Peak Shale Has Arrived

[FT] Moody’s strips US of top-notch triple-A credit rating