June 13 (Thursday)

Markets
Stocks Edge Lower, Extending Losses (W)
Oil Prices Stumble on Fears of Falling Demand (W)
The trade war is taking an enormous bite out of profits for Wall Street’s biggest names (C)

US
U.S. Consumer Prices Edged Higher in May (W)
U.S. Budget Deficit Grew 39% in First Eight Months of Fiscal Year (W)
Home-Flipping Trend Weakens as High-Interest Lenders Jump 40% (B)
Social Security Is Staring at Its First Real Shortfall in Decades. Big Cuts Could Follow. (N)

Geopolitics & trade
Trump says he’s considering slapping sanctions on gas pipeline from Russia to Germany (C)
Trump says there’s no deadline for imposing China tariffs as he announces military deal with Poland (MW)
As Trade War With U.S. Grinds On, Chinese Tourists Stay Away (N)
Huawei Presses Verizon on Patents (W)

Industries & companies
Autos: Auto Demand Facing a ‘Sustained Downturn’ in World’s Two Biggest Markets (B)
FAANGs: Facebook Emails Suggest Zuckerberg Knew of Problematic Privacy Practices (W)
Retail: Walmart Shares Zip Past Amazon (W)
Retail: Lululemon stock jumps after strong earnings, raises full-year guidance (C)

Corporate finance
Alphabet’s stake in the 2019 IPO boom jumps to $5 billion thanks to CrowdStrike (C)
Truist Financial Is New Name for Combined BB&T, SunTrust (W)
KKR Doubles Down on House Flippers (W)

Offbeat
A Stanford Coach Ensnared by the College-Admissions Scandal: ‘The Biggest Mistake of My Life’ (W)
Lego Struggles to Find a Plant-Based Plastic That Clicks (W)