May 17 (Friday)

Markets
Dow Industrials Rise, Lifted by Walmart, Cisco (W)
Bonds Calling the Shots for Stocks as Rate Cuts Outweigh Trade (B)
Markets Create Their Own Reality (W)
China Cuts U.S. Treasury Holdings to Lowest Level Since 2017 (B)

Central banks
Fed Officials Reveal More Doubts About Inflation Dynamics, but See Few Solutions (W)
Fed Officials Sound an Alarm, Worrying Weak Inflation Could Last (N)

US
Trump’s Latest Tariffs Likely to Have Only Modest Impact on Inflation (W)
Home Building in the U.S. Rose in April (W)
Credit card rates are now at their highest level in history and may weigh on the economy (C)

China
Western Companies Get Tangled in China’s Muslim Clampdown (W)

US politics
Michael Flynn told special counsel about possible attempts to obstruct Russia probe (C)

Geopolitics & trade
Intelligence Suggests U.S., Iran Misread Each Other (W)
Trump’s Latest Move Takes Straight Shot at Huawei’s Business (N)
China has plenty of ways to get back at US for treatment of Huawei (C)
Silicon Valley Will Feel Sting of Huawei Export Restrictions (W)
Walmart Says Customers Will Pay More After Trump’s Tariffs (B)
Cramer: Trump no longer cares if his China policies hurt American businesses (C)
Why Trump Can’t Spin the Trade War (B)

Industries & companies
Airlines: Boeing Faces More FAA Requests as It Completes 737 MAX Fix (W)
Autos: Tesla’s Autopilot Was Engaged in Fatal Florida Crash, Investigators Find (W)
FAANGs: Facebook Bans Israeli Firm Over Fake Political Activity (W)
Financials: Citigroup Hit Hardest as EU Fines Banks $1.2 Billion Over FX (B)
Financials: Goldman to Acquire Boutique Wealth Manager for $750 Million (W)
Health Care: Haven, the new health venture led by Amazon, Berkshire Hathaway and JP Morgan, just lost its No. 2 exec (C)
Retail: Walmart Extends Streak of Sales Growth (W)
Tech: Nvidia sees brief pop after earnings beat (C)
Tech: Pinterest shares plunge 15% after reporting larger-than-expected loss (C)

Corporate finance
Booming Buybacks Aren’t Likely to Slow Down (W)
China Starbucks Rival Luckin Raises $561 Million in U.S. IPO (B)