May 14 (Tuesday)

Markets
Stocks Sink as U.S.-China Trade Dispute Escalates (W)
Stock sell-off set to continue Tuesday as Dow Futures open lower (C)
The biggest Dow losers since the trade war escalated show investors fleeing companies with China business (C)
China’s ‘self-destructive nuclear option’ in trade war: Selling US Treasury bonds (C)
4 reasons why China won’t use ‘nuclear option’ of selling Treasurys to retaliate against U.S. (MW)

Central banks
Rosengren Says Fed Needs More Time to Weigh Trade War Impact (B)

US
April Inflation Expectations Fell, N.Y. Fed Says (W)
Morgan Stanley: More tariffs will lead to a US recession (C)
U.S. Consumers at the Mall Won’t Be Able to Avoid Trade War Hit (B)
Rising Rents for Millennials Give Rise to a New Breed of Lender (W)

US politics
House Republicans Demand Hearing on MMT to Get Democrats on the Record (B)
Bernie Sanders Railed Against the Campaign-Finance System. Now, He’s Benefiting From It. (W)

Geopolitics & trade
Fresh Tariffs Heighten Standoff (W)
U.S. Readies New Tariffs as Trump Says He’ll Meet China’s Xi (B)
From tequila to TV cameras — here is a list of US goods China is targeting with a 25% tariff (C)
U.S. Says Iran Likely Behind Ship Attacks (W)

Industries & companies
FAANGs: Amazon, in Need of Drivers, Turns to Its Own Employees (W)
FAANGs: Here’s why Apple is so vulnerable to a trade war with China (C)
Pharma: In Latest Roundup Defeat for Bayer, Couple Awarded $2 Billion (W)

Corporate finance
T-Mobile and Sprint Consider Concessions to Save Their Merger (B)
Uber Stock’s Plunge Is Blemish on IPO Market (W)

Offbeat
How a James Comey Tweet Fueled a Conspiracy Theory That Upended a California Town (N)
Measles Outbreaks, Up to 839 Cases, Show No Sign of Slowing (W)