Today's Headlines

Bloomberg:    

• G-7 Finance Chiefs Condemn Trump Tariffs as Allies Rebel.  

• Deutsche Bank's Slow Bleed Continues as a Pivotal Month Begins.    

• Trump Eases Tone on North Korea With Singapore Summit Back On.

• Oil Bulls Lose Heart as Mega Producers Signal More Supplies.

• Russian Oil Output Again Tops OPEC Target Ahead of Vienna Talks.

• Mighty May Auto Sales Show U.S. Economy Cruising in Sweet Spot.

Wall Street Journal:

• American Companies Have Been Doing a Lot of Apologizing to China.

• The Overprotected American Child.

• Potential Summit Between Trump and Putin Is Being Discussed.

• Steel Tariffs Are Taxing Some American Companies.

Barron's:

• Had bullish commentary on (LNC), (AMGN), (HUM), (BSX), (UNH) and (BDX).

MarketWatch.com:

• Small caps offer stock-market leadership amid tumult.
• Here’s why stock-market bulls should cheer this data on junk-bond defaults.
• Hillary Clinton’s ‘a**-covering’ on bin Laden raid ‘rattled’ Joe Biden, new book says.

Fox News:

• Contents of Trump attorneys' letter to Special Counsel on Russia probe revealed.

CNBC: 

• As Trump talks trade and nukes, China quietly tightens its grip on the South China Sea.

• Mattis warns of 'consequences' if Beijing continues with 'intimidation and coercion'.

• FDA chief outlines new ways to speed up cancer drug approvals.

• The US economy suddenly looks like it's unstoppable.

• Why one market bull says he ignores geopolitical 'noise', and pays attention to earnings instead.

Zero Hedge:  

• FBI Spying On Trump Started In London, Earlier Than Thought, New Texts Implicate Obama White House.

• "Just Days Left" To Avoid Trade War France Says, As G-7 Condemn Trump.

• Trump-Kim Summit Back On; Will Take Place June 12 In Singapore; North Korea To Denuclearize.

• "Uncomfortable" Starbucks Employees Respond To Becoming "World's Biggest Public Toilet".

• Facebook(FB) Replaces User-Generated "Trending News" With "Breaking News" From 80 Undisclosed Publications.

• Oregon Governor Declares State Of Emergency After Public Discovers "Untreatable" Toxin-Laden Water.

• Three Critical Lessons From Europe's Recent Mini-Meltdown.

• Pelosi Pans "Strong" Jobs Numbers As "Meaningless... Bad For Middle-Class"

• DHS Confirms "Rogue" Cellular Eavesdropping Device May Have Been Used Near White House.

• Welcome To Bitcointopia: A Group Of Cryto-Nerds Are Trying To Secede From America.

• Google(GOOGL) Abandons Pentagon's AI-Drone 'Project Maven' After Employee Revolt.

• MSNBC Refuses To Fire Joy Reid Despite Anti-Semitic Blog Posts And 2017 Endorsement Of Nazi Website.

• Weekend Reading: Just A Pause That Refreshes?

• US Stocks, Bonds, Dollar Bid After Quitaly Chaos, Rajoy's Rout, & Trade War Turmoil.

Business Insider:

• There’s growing concern over Tesla’s finances — and Wall Street's convinced the company will need to raise money soon.

• Half of the teens who think social media has a negative effect on people say it's because of bullying, rumors, or harmed relationships. 

• The US military is reportedly looking to install anti-missile defenses in Germany — and it's sure to rankle Russia.

• The Canadian government is slapping the US with massive tariffs — and they might be even bigger than expected.

• 'Truly just devastating stories': The bleak outlook from inside Venezuela's deepening crises.

The Telegraph:

• Comment: The best way to deal with US tariffs is to abolish all of our own.