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Ship is reported seized off the coast of the UAE and is heading toward Iran10:23 The British military says a ship anchored off the east coast of the United Arab Emirates has been seized and is heading toward Iranian territorial waters Wall Street heads for gains before the bell as Trump and Xi meet eye Trump-Xi summit10:23 Wall Street was poised to open with gains following another record-setting day and investors monitored developments coming from U.S. President Donald Trump’s summit with Chinese leader Xi Jinping in Beijing Trump and DeSantis sued over donation of Miami land for extravagant presidential library10:23 Miami residents have sued President Trump, Miami Dade College, and Florida officials over plans to donate downtown Miami property for Trump's presidential library US filings for jobless benefits hits 211,000 as the war in Iran drags on10:23 The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran Powell's legacy at the Fed to be shaped by his misjudging inflation and standing up to Trump1:42 When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials1:42 Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials Drones, bullets and cartel warfare fuel an invisible displacement crisis in Mexico18:14 María Cabrera and her family fled into the night-cloaked mountains of central Mexico with only the clothes on their backs when bombs fell from the sky and bullets ricocheted off her concrete floors Trump's description of Taiwan as a ‘good negotiating chip’ with China raises anxieties17:10 U.S. President Donald Trump has described arms sales to Taiwan as a "very good negotiating chip" in dealings with China Brass bands in Beijing make way for sticker shock at home as Trump returns to escalating inflation17:10 President Donald Trump has returned from his state visit to China to face a challenging U.S. economy Walmart and Amazon race to win over rural America with speedier deliveries13:26 Walmart and Amazon are racing to speed up order deliveries in rural areas of the U.S. Small cities and towns are a rich source of untapped sales for whichever retailer builds a loyal base of online shoppers Starbucks to lay off 300 US corporate workers and close regional offices15.května Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround Winner pays $9M in charity auction for lunch with Warren Buffett, Stephen Curry15.května Someone paid more than $9 million to have lunch with basketball player Stephen Curry and Warren Buffett, and the legendary investor also promised to match the winning bid so both their favorite charities will benefit Trump says he hasn't determined whether to move forward on major arms package for Taiwan after summit with China's Xi15.května Trump says he hasn't determined whether to move forward on major arms package for Taiwan after summit with China's Xi Takeaways from Fed chair Jerome Powell's legacy15.května When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs |