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 * 9:07a Musk says Twitter has refused to provide requested info as he evaluates
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 * 9:03a Barron's Hyatt Is the Latest Travel Company to Highlight Just How Good
   Everything Is Now
 * 9:02a New Found Gold started at outperform with C$10 stock price target at
   BMO Capital
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   reach soccer’s World Cup
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   decline
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   for Tesla, Too.
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 * Market Snapshot
 * Need to Know
 * The Moneyist
 * Economic calendar
 * Earnings season
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 * New retirement ideas
 * The Buy Nothing movement
 * Queen’s Platinum Jubilee
 * Streaming in June


DON’T GET FOOLED BY ANOTHER ‘RIP,’ SAYS STRATEGIST WHO ADVISES WATCHING THIS
‘BATTLEGROUND’ S&P 500 LEVEL




DON’T GET FOOLED BY ANOTHER ‘RIP,’ SAYS STRATEGIST WHO ADVISES WATCHING THIS
‘BATTLEGROUND’ S&P 500 LEVEL

 * A ‘pinch’ for the stock market but good news for the Fed: What investors need
   to know about a strong U.S. dollar
 * Here’s the little-known reason why Cathie Wood’s ARK Innovation ETF is having
   such a bad year
 * Cheer up, stock investors: U.S. consumers are feeling down about their money
   and inflation
 * U.S. stock futures advance after losing stretch


TRAVEL JETBLUE IS NOW OFFERING SPIRIT AIRLINES A $350 MILLION BREAKUP FEE IN
LATEST MOVE IN 3-WAY BATTLE WITH FRONTIER

ULCC -4.20% SAVE -1.75% SPX -1.63%
 * Carlyle sells stake in JFK airport concessionaire to Spain's Ferrovial
 * Hyatt sees strong Memorial Day weekend RevPAR, up 24% from pre-pandemic
   levels
 * Why pay for travel insurance? You may already be covered.


STARBUCKS SAYS HOWARD SCHULTZ TO REMAIN INTERIM CEO THROUGH FISCAL FIRST QUARTER
OF 2023

Starbucks Corp. undefined said Monday it is still on track with its search for a
successor chief executive, as stated on its quarterly earnings conference call
last month. The coffee shop chain said Howard Schultz has agreed to remain as
interim CEO through the first fiscal quarter of 2023. "This timeline provides
the company the ideal runway for a seamless transition and continuity of
leadership through the 2022 holiday season, as the business transformation
continues," the company said in a statement. The company is expecting to make a
CEO announcement in the fall and for the official hadnoff to take place in the
first calendar quarter of 2023. Schultz returned to the company he founded and
led from 1986 to 2000 and again from 2008 to 2017 in April. The executive told
the Wall Street Journal that his successor will need expertise in a number of
disciplines that the company does not have at present. Starbucks is a different
chain now than it was in 2018, he said. Some problems are self-induced, but
others due to changing consumer behavior during the pandemic. The company now
sells far more to-go cold beverages than the hot coffee drinks taken at tables
on sofas when it first started. Starbucks shares were up 1.5% premarket but have
fallen 32% in the year to date, while the S&P 500 undefined has fallen 13.8%.

SBUX -0.47%


AMAZON'S STOCK TRADES IN 3-DIGIT TERRITORY AS FIRST STOCK SPLIT IN 23 YEARS
TAKES EFFECT

For the first time in about five years, Amazon.com Inc.'s stock undefined is
trading in three-digit territory, because the ecommerce and cloud giant's
20-for-1 stock split has taken effect. The stock closed Friday at a pre-split
adjusted $2,447, and was trading up 0.7% in premarket trading Monday, to put it
on track to open just above $123. The last time the stock traded below the
four-digit level pre-split was October 2017. The stock split is Amazon's first
in 23 years, takes effect after the stock fell 2.5% to a split-adjusted $122.35
on Friday to snap a six-day win streak in which the stock had run up 20.6%. The
stock has dropped 26.6% year to date through Friday, while the S&P 500 undefined
has lost 13.8%.

AMZN -2.52%


APPLE GIVES RETAIL WORKERS MORE FLEXIBLE HOURS TO STAVE OFF UNION DRIVE

AAPL -3.86%


DIDI GLOBAL AND TWO OTHER CHINESE FIRMS SOAR ON REPORT THAT PROBE WILL END

U.S.-listed shares of Chinese tech firms DiDi Global, Full Truck Alliance
undefined and Kanzhun undefined rocketed in premarket trade after The Wall
Street Journal reported that Chinese regulators will let them add new users
again as early as this week. DiDi Global undefined jumped 50%, Full Truck
Alliance rose 29% and Kanzhun rose 20%. The apps were removed last July when
they were probed over data security.

YMM -3.09%


BRITISH PRIME MINISTER JOHNSON TO FACE CONFIDENCE VOTE

 * German foreign minister calls on Western allies to maintain Ukraine support
   over long term
 * Croatia set to join eurozone next year
 * ‘Our main fight is our war’: Ukraine falls short vs. Wales in bid to reach
   soccer’s World Cup


SEN. CHRIS MURPHY CALLS GUN SAFETY NEGOTIATIONS ‘SERIOUS,’ SAYS REPUBLICANS ARE
‘AT THE TABLE’

 * Online pro-gun extremism: ‘Cool for active shooter stuff’
 * Shootings expose divisions on gun issue in U.S. faith communities
 * ‘I saw it all’: Pastor shot at by Uvalde gunman recounts terror
 * In Scotland, a 1996 school shooting led to a major gun-law overhaul. Dunblane
   families fear Texas survivors won’t see the same solace.


ELON MUSK’S FOLLOWERS INCLUDE A LOT OF BOTS

 * ‘One thing that human beings value above all else is our autonomy’: The
   gloves are off: Elon Musk is the latest CEO to tell workers to return to the
   office
 * Biden dismisses Elon Musk’s ‘super bad feeling’ about economy, wishes SpaceX
   CEO ‘lots of luck on his trip to the moon’
 * Opinion: Elon Musk wants to end Tesla’s WFH rules. He’s right in the short
   run but wrong in the medium term


‘I’D LOVE TO BE MARRIED NOW’: THE WINNERS AND LOSERS IN BIDEN’S PLAN TO CANCEL
$10,000 IN STUDENT-LOAN DEBT

 * Biden open to canceling $10,000 in student loans per borrower — what that
   means for your budget, credit score and tax bill
 * Opinion: Our student-loan system needs fixing — and this change would be
   smarter than just forgiving debt


I PUT $200,00 TOWARDS A DOWN PAYMENT FOR A CONDO UNIT WITH MY BOYFRIEND. HE IS
ON THE TITLE, BUT NOT ON THE MORTGAGE. HOW DO I PROTECT MY EQUITY INVESTMENT
NOW?

 * ‘I am a 53-year-old single man with very little savings’: I want to take out
   a 30-year mortgage, but pay it off in 7 years. Is that possible?
 * I received a $130,000 inheritance from my mother. My husband says it’s mine
   to spend. What should I do with it — and why do I feel so guilty?
 * I had a date with a great guy. I didn’t drink, but his wine added $36 to our
   bill. We split the check evenly. Should I have spoken up?


WHERE SHOULD I RETIRE? I WANT GOOD WEATHER, LOWER TAXES AND ACCESS TO ETHNIC
GROCERIES. ‘WHY IS IT SO HARD TO CHECK ALL THE BOXES?’

 * This insurance policy could protect your retirement portfolio from a volatile
   stock market– but is it worth it?
 * The Decumulation Drawdown: How spending became the big dilemma in retirement
 * I was broke and deeply in debt but plan to reach financial independence by my
   early 40s


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HOW MARKETS RESEMBLE A MARVEL MULTIVERSE


YOUR FUND MANAGER IS PROBABLY A NARCISSIST. YOU’LL PROBABLY INVEST WITH THEM
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VETERAN DEALMAKER WARNS OF INDUSTRY ‘SHAKEOUT’ AFTER M&A FRENZY


MOST POPULAR




I PUT $200,00 TOWARDS A DOWN PAYMENT FOR A CONDO WITH MY BOYFRIEND. HE IS ON THE
TITLE, BUT NOT ON THE MORTGAGE. HOW DO I PROTECT MY EQUITY INVESTMENT NOW?


DON’T GET FOOLED BY ANOTHER ‘RIP’ SAYS THIS STRATEGIST, WHO ADVISES WATCHING
THIS ‘BATTLEGROUND’ S&P 500 LEVEL


AMAZON'S STOCK TRADES IN 3-DIGIT TERRITORY AS FIRST STOCK SPLIT IN 23 YEARS
TAKES EFFECT


WHY MORE WORKERS AND COMPANIES ARE SWITCHING TO FREELANCE GIGS


I’M A SENIOR ECONOMIST AT ZILLOW. HERE ARE 3 THINGS HOME BUYERS SHOULD KNOW
ABOUT THE HOUSING MARKET NOW


SHOULD YOU DO A ROTH IRA CONVERSION NOW? YES, IF YOU’RE IN THIS ‘HOLY GRAIL’
GROUP


‘AT THE END OF EVERY YEAR, OUR SAVINGS ARE GOBBLED UP.’ MY HUSBAND IS 48 AND NOW
EARNS CLOSE TO $300K A YEAR, BUT WE ONLY HAVE $5K SAVED. SHOULD WE HIRE A PRO TO
HELP US?


I HAD A DATE WITH A GREAT GUY. I DIDN’T DRINK, BUT HIS WINE ADDED $36 TO OUR
BILL. WE SPLIT THE CHECK EVENLY. SHOULD I HAVE SPOKEN UP?


HOW SOCIAL ROBOTS COULD IMPACT THE LONELINESS EPIDEMIC IN AMERICA


‘I AM A 53-YEAR-OLD SINGLE MAN WITH VERY LITTLE SAVINGS’: I WANT TO TAKE OUT A
30-YEAR MORTGAGE, BUT PAY IT OFF IN 7 YEARS. IS THAT POSSIBLE?


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WHY MORE WORKERS AND COMPANIES ARE SWITCHING TO FREELANCE GIGS



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THIS TEACHER WHO RETIRED EARLY IS NAVIGATING FIRE AFTER DIVORCE



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COLLEGE ENROLLMENT IS FALLING. HERE'S HOW IT COULD IMPACT THE ECONOMY



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HOW THE NEED FOR EV BATTERY METALS IS CREATING A NEW GOLD RUSH



29:14


FINANCIAL FACE-OFF: DEBATING PERSONAL-FINANCE QUESTIONS



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3 WAYS TO HEDGE YOUR PORTFOLIO AGAINST INFLATION




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NIO STOCKS JUMP AS CHINESE EV DEMAND RETURNS. IT'S GOOD NEWS FOR TESLA, TOO.


ON SEMICONDUCTOR AND 2 MORE COMPANIES WILL JOIN THE S&P 500 THIS MONTH


U.S. STOCK FUTURES ADVANCE AFTER LOSING STRETCH


THE STOCK MARKET GAINS AMID CHINA OPTIMISM

See More

Investing


AMARIN STOCK SURGES AFTER PLAN TO CUT TOTAL WORKFORCE BY 40%

Shares of Amarin Corp. hiked up 5.4% in premarket trading Monday, after the drug
maker said it would reduce its workforce by 40% as part of its plan to cut
operating costs by $100 million over the next 12 months. The cuts would
represent about 224 jobs, as the company had 560 full-time employees as of Dec.
31. The company said most of the cost cuts would come from the job cuts, which
will include a 65% reduction in the U.S. commercial team from current levels, or
by about 90% from pre-pandemic and pre-generic competition levels. "While we
continue to see value in branded VASCEPA in the U.S., the current operating
landscape remains challenging with uncertainty related to future revenue from
the U.S. business," said Chief Executive Karim Mikhail. "These reductions are
necessary as we invest in our European launches while maintaining a strong, core
U.S. Commercial team to support branded VASCEPA revenues in the U.S." Vascepa
has been approved by the U.S. Food and Drug Administration for the treatment of
high-risk patients with persistent cardiovascular risk. The stock has plunged
50.2% year to date through Friday, while the S&P 500 has lost 13.8%.


CARLYLE SELLS STAKE IN JFK AIRPORT CONCESSIONAIRE TO SPAIN'S FERROVIAL

Spanish infrastructure company Ferrovial SA said Monday it agreed to pay $1.14
billion to Carlyle Group's global infrastructure fund for a 51% stake in the
concessionaire for the new Terminal 1 at JFK International Airport in New York
City. Ferrovial said the concessionaire has been named to design, build and
operate the new Terminal 1 until 2060. The Terminal 1 project includes the
former Terminals 1, 2 and 3 at the airport. Ferrovial plans to provide
additional details to analysts on June 9. Shares of Carlyle Group are down 27.6%
so far in 2022, compared to a loss of 13.8% by the S&P 500 .


INTERCEPT SET TO MEET WITH FDA IN JULY ABOUT NASH DRUG

Shares of Intercept Pharmaceuticals Inc. were up 2.2% in premarket trading on
Monday after the company said a meeting with the Food and Drug Administration to
discuss resubmitting an application for its experimental nonalcoholic
steatohepatitis drug was moved to July from June. Intercept said it plans to
share new topline data about the investigational drug in July. That data will
also be provided to the regulator in advance of the meeting. "We see this as a
minor delay from a timing standpoint," SVB Securities analyst Thomas Smith told
investors on Monday. He also describd the recent departure of Gail Cawkwell, SVP
of medical affairs, safety, and pharmacovigilance, as "suboptimal timing and
likely to be interpreted as an incremental negative by some investors ahead of
imminent key NASH data and regulatory updates." Intercept's stock is up 0.5%
this year, while the S&P 500 has declined 13.8%.


TOP AMAZON RETAIL EXECUTIVE RESIGNS LESS THAN TWO YEARS AFTER BEING NAMED CEO

See More

Barron's


WHAT TO EXPECT FROM APPLE'S WWDC TODAY


SUNPOWER, SOLAR STOCKS SOAR ON REPORT BIDEN TO WAIVE NEW TARIFFS ON PANEL
IMPORTS


SPOTIFY STOCK 'IS NOT BROKEN,' ANALYST SAYS. THIS COULD BE A TIME TO BUY.


AMAZON'S SPLIT SHOULDN'T MEAN MUCH. BUT IT MIGHT STILL HELP THE STOCK.

See More
Financial Adviser Center


PICKS IF YOU DON’T DO THIS BEFORE MEETING YOUR FINANCIAL ADVISER, YOU’RE WASTING
TIME


OPINION: WARREN BUFFETT’S INVESTING PROWESS WILL GO ON FOREVER AFTER RESEARCHERS
CRACKED HIS INVESTING CODE


YOU NEED TO PAY MORE ATTENTION TO DIVIDENDS — THIS MATH SHOWS WHY THEY BEAT
INFLATION


RED STOCK, BLUE STOCK — MAGA REPUBLICANS AND LIBERAL DEMOCRATS ARE TAKING THEIR
POLITICS TO WALL STREET

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Economy & Politics


NORTH DAKOTA’S AIR, FARMS ARE INCREASINGLY HOMES FOR DRONES


CONFIDENCE VOTE IN BORIS JOHNSON COULD BE TRIGGERED ON MONDAY, REPORT SAYS

A vote of confidence in U.K. Prime Minister Boris Johnson could be triggered as
early as Monday, Sky News reported, citing rebel MPs in Johnson's Conservative
Party. Under the rules, there needs to be letters from 54 MPs, who have
increasingly criticized Johnson after civil servant Sue Gray's report into COVID
rule-breaking parties. Former minister Jesse Norman was the latest to say he has
submitted a letter. The pound was bid higher, likely reflecting a broader upturn
in sentiment, as U.S. stock futures also were stronger.


LIZ CHENEY CALLS JAN. 6 CAPITOL ATTACK FALLOUT AN ‘ONGOING THREAT’


FORGOTTEN IN UBERS: PHONES, BREAST PUMPS, DENTURES

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Retirement


SHOULD YOU DO A ROTH IRA CONVERSION NOW? YES, IF YOU’RE IN THIS ‘HOLY GRAIL’
GROUP


THREE EXPERT TIPS FOR A SUCCESSFUL, MONEY-MAKING YARD SALE


VALUE-BASED HEALTH CARE MAY SOUND NICE, BUT IT COULD SPELL TROUBLE FOR THOSE ON
MEDICARE


WE ARE LOOKING FOR A BALANCE BETWEEN CULTURE, DINING AND WILDERNESS IN AREAS
WITH HOMES FOR $300,000 – SO WHERE SHOULD WE RETIRE?

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Personal Finance


THE 2022 FORD F150 LIGHTNING REVIEWED: THE BATTERY-POWERED TRUCK COULD BE A
WIN-WIN


EXPECT MORTGAGE RATES TO BE VOLATILE THIS MONTH—AND LIKELY TRENDING HIGHER


CHECK OUT THE SORT-OF PHOTOS OF THE SORT-OF DELOREAN


INFLATION IS COMING FOR MIDDLE-CLASS HOUSEHOLDS AS HIGHER PRICES HIT BIG-BOX
STORES. WILL THEY CUT BACK ON DISCRETIONARY PURCHASES?

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The Moneyist


I HAD A DATE WITH A GREAT GUY. I DIDN’T DRINK, BUT HIS WINE ADDED $36 TO OUR
BILL. WE SPLIT THE CHECK EVENLY. SHOULD I HAVE SPOKEN UP?


‘I AM A 53-YEAR-OLD SINGLE MAN WITH VERY LITTLE SAVINGS’: I WANT TO TAKE OUT A
30-YEAR MORTGAGE, BUT PAY IT OFF IN 7 YEARS. IS THAT POSSIBLE?


I RECEIVED A $130,000 INHERITANCE FROM MY MOTHER. MY HUSBAND SAYS IT’S MINE TO
SPEND. WHAT SHOULD I DO WITH IT — AND WHY DO I FEEL SO GUILTY?


‘EMOTIONS AND MONEY DO COLLIDE’: MY GIRLFRIEND DOESN’T UNDERSTAND HOW HER
STUDENT LOAN WORKS AND RENTS A PRICEY APARTMENT. WHAT IF WE MARRY — AND
DIVORCE? 

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How to Invest


NO MATTER YOUR AGE, HERE’S HOW TO TELL IF YOUR FINANCES ARE ON THE RIGHT TRACK


SHOULD I USE A 401(K) OR AN IRA TO SAVE FOR RETIREMENT? A TRADITIONAL ACCOUNT OR
THE ROTH VERSION? HERE’S WHAT TO KNOW


THESE 5 GREAT, EASY-TO-READ BOOKS ABOUT MONEY WILL CHANGE HOW YOU THINK ABOUT
INVESTING


ROBO-ADVISERS GIVE YOU DECENT FINANCIAL ADVICE ON THE CHEAP

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Coronavirus Updates


PFIZER ASKS FDA TO AUTHORIZE ITS 3-DOSE COVID VACCINE FOR CHILDREN UNDER 5


CONGRESSIONAL STALEMATE ON COVID FUNDING COULD LAST MONTHS, DELAY NEW VACCINE
ORDERS


‘THIS ISN’T JUST GONNA GO AWAY’: LONG COVID IS CRASHING THE RETIREMENT HOPES OF
MANY AMERICANS


US MOVES TO MAKE ANTIVIRAL DRUG MORE AVAILABLE AGAINST COVID

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Picks


I’M A SENIOR ECONOMIST AT ZILLOW. HERE ARE 3 THINGS HOME BUYERS SHOULD KNOW
ABOUT THE HOUSING MARKET NOW


SOME HELOCS ADVERTISE INTEREST RATES BELOW 2%. WHAT’S THE DEAL WITH THOSE AND
COULD YOU EVEN QUALIFY?


‘AT THE END OF EVERY YEAR, OUR SAVINGS ARE GOBBLED UP.’ MY HUSBAND IS 48 AND NOW
EARNS CLOSE TO $300K A YEAR, BUT WE ONLY HAVE $5K SAVED. SHOULD WE HIRE A PRO TO
HELP US?


SERIOUS MORTGAGE DELINQUENCIES ARE UP 55% OVER PRE-PANDEMIC LEVELS. BUT WHAT
THIS MEANS FOR THE HOUSING MARKET ISN’T WHAT YOU MIGHT THINK

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Retirement Weekly


I WAS BROKE AND DEEPLY IN DEBT BUT PLAN TO REACH FINANCIAL INDEPENDENCE BY MY
EARLY 40S


DON’T IGNORE THE BAD NEWS IN THE LATEST ACTUARIAL ANALYSIS FROM SOCIAL SECURITY


IS YOUR DOCTOR A SCREW-UP? USE THESE CLUES TO FIND OUT


NEWS AND ANALYSIS FOR THOSE PLANNING FOR OR LIVING IN RETIREMENT

Retirement news and analysis

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Real Estate


MY HUSBAND AND I BOUGHT A RETIREMENT HOME IN 2008, AND HE DIED TWO YEARS LATER.
THE CONDO UNIT IS WORTH $50,000 MORE THAN WE PAID. SHOULD I SELL IT NOW OR WAIT?


MY WIFE AND I HAVE $750,000 IN SAVINGS AND EARN OVER $144,000 A YEAR. CAN WE
AFFORD TO SPEND $5,000 PER MONTH ON HOUSING?


‘AT OUR AGE SHOULD WE DO THIS?’ WE’RE RETIRED, HAVE $5 MILLION IN SAVINGS AND
EARN $7,000 A MONTH. SHOULD WE SPEND OVER $2.1 MILLION TO BUILD OUR DREAM HOME?


MY MOTHER-IN-LAW MOVED INTO OUR RENTAL HOME YEARS AGO AND MADE $60,000 IN
UPGRADES. WE NOW WANT TO SELL. SHOULD WE REPAY HER?

See More
Mansion Global


LOW-ENERGY COUNTRY HOMES ARE HAVING A BIG MOMENT, SAYS NEW YORK CITY ARCHITECT


A TURNKEY PENTHOUSE PERFECT FOR NBA FANS ATOP A LUXURY HOTEL IN DOWNTOWN
SACRAMENTO, CALIFORNIA


WHAT’S TRENDING IN LANDSCAPING


THIS WEEK IN CELEBRITY HOMES: BABYFACE, CAMERON DIAZ AND BENJI MADDEN

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 * AMZN $125.19
   2.32% 2.84
 * SNY $53.91
   0.71% 0.38
 * TCOM $23.13
   6.44% 1.40
 * SSNC $64.48
   0.00% 0.00
 * YMM $8.66
   25.51% 1.76


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