Trade Chaos is Part of the Plan for Trump, Nightmare for Powell

Published on May 5, 2025

Jim Tuchler, a Chicago-area retailer, and Federal Reserve Chair Jerome Powell have a lot in common these days.

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Citi Restarts Business of Lending to Buyout Funds After Retreat

May 5, 2025
Citigroup Inc. is ramping up lending to private equity and private credit groups, working to catch up with peers like JPMorgan Chase & Co. and Goldman Sachs Group Inc. after the bank spent years on the sidelines.

S&P Global Services PMI: Slowest Growth in 17 Months

May 5, 2025
The April U.S. Services Purchasing Managers' Index (PMI) from S&P Global came in at 50.8, below the 51.4 forecast. The reading marks the 27th consecutive month of expansion and the slowest growth since November 2023.