Former President Joe Biden is diagnosed with prostate cancer just months after leaving office.
Plus,
President Trump is set to speak with Vladimir Putin today as the Russian president slow-walks Ukraine peace talks.
And American assets sell off again as Moody's cuts the US's credit rating.
Stocks especially had rallied a lot in the last couple of weeks.
I think the more important part of the market is the bond market.
The 30-year rate touched 5% early this morning.
The dollar fell again.
Those parts of the market haven't rallied.
It's Monday, May the 19th.
I'm Azhar Sukhri for The Wall Street Journal, filling in for Luke Vargas.
Here is the AM edition of What's News,
the top headlines and business stories moving your world today.
Former President Joe Biden has been diagnosed with an aggressive form of prostate cancer just months after he left office.
His representatives said Sunday that the cancer has spread to his bones,
but that the disease appears to be hormone sensitive, which allows for effective management.
Biden and his family are reviewing treatment options with his doctors.
Biden, who was 82 when he left office in January,
has come under scrutiny for age-related mental and physical declines he suffered
while he was president.