May 18 (Saturday)

Markets
The stock market fears more trade retaliation from China is coming next week (C)
‘No One Wants to Give In’: Stock Rally Is Too Tempting To Abandon (B)
High-Speed Traders Agree to Back New Stock Exchange (W)
The Trade War Has Sunk Emerging Markets. There’s More to Come. (B)

US
A third of middle-class adults can’t afford to pay for a $400 emergency (C)

China
China faces possible hit to credit rating if the trade war isn’t resolved (C)
‘China’s Google’ Posts First Loss Since 2005 (W)

US politics
Mnuchin Rejects House Panel’s Subpoena for Trump’s Tax Records (B)
Trump Says Freeing Fannie-Freddie From U.S. Control Is ‘Urgent’ (B)

Geopolitics & trade I
How Xi’s Last-Minute Switch on U.S.-China Trade Deal Upended It (N)
Trump Says U.S. Reaches Deal With Canada, Mexico to End Steel and Aluminum Tariffs (W)
Companies Focused on North American Trade Welcome Deal (W)
White House Delays Decision on Auto Tariffs for 180 Days (W)
Toyota Rebukes Trump for Sending Message That Carmaker ‘Not Welcomed’ in U.S. (B)

Geopolitics & trade II
US trade talks with China have stalled: Sources (C)
How Beijing became bigger threat than Russia by exploiting US liberals (N)
Trump’s Love for Tariffs Began in Japan’s ’80s Boom (N)

Industries & companies
FAANGs: Google uses Gmail to track a history of things you buy — and it’s hard to delete (C)
Hotels: Wynn Resorts Confirms Talks to Sell Boston-Area Casino to MGM (W)
Tech: Microsoft, Sony to Partner on Cloud Technology for Gaming Services (W)

Corporate finance
Booming Buybacks Aren’t Likely to Wane Despite Market Volatility (W)
Luckin Coffee Shares Jump in Market Debut (W)

Cryptocurrencies
Lack of Banking Options a Big Problem for Crypto Businesses (W)