May 10 (Friday)

Market
Stock market on edge as traders wait to see if Trump hikes tariffs (C)
U.S. Yield Curve Inverts for the First Time Since March (B)

US
U.S. goods trade deficit with China tumbles to five-year low (R)
US companies are preparing for pain ahead of tariff hike: ‘I can’t sit here and cry’ (C)
U.S. housing agency wants new rules to attract mortgages from banks (R)
Mortgage rates slump for a 3rd week as big questions dog the housing market (MW)

US politics
Trump picks acting Pentagon chief and former Boeing executive Patrick Shanahan to become next secretary of Defense (C)

Geopolitics & trade
Trump rattles saber at China ahead of make-or-break trade talks (R)
Trump says deal with China is still possible, but tariffs are an ‘excellent’ alternative (C)
Exclusive: U.S. commander says he could send carrier into Strait of Hormuz despite Iran tensions (R)

Industries & companies
FAANGs: Facebook is not a monopoly, and breaking it up would be government overreach (C)
FAANGs: Amazon Accused of Violating Kids’ Privacy (W)
Tech: Symantec CEO Greg Clark steps down, stock drops (C)

Corporate finance
Uber valued at $82 billion, the low end of expectations (R)
Chevron Exits Bidding for Anadarko, Ceding Victory to Occidental (W)

Cybersecurity
Cybersecurity Jobs Abound. No Experience Required. (W)