Business Update

As the U.S. tries to rebuild its weapons stockpiles drained in the Iran war, it will need access to rare-earth minerals, an industry China dominates. Source link

New York City’s mayor said the company’s proposed acquisition of Intermex could make it costlier for immigrants to send money abroad. Source link

In a letter to President Trump, the spokesman, Rich Danker, said allowing the sale of flavored e-cigarettes would enhance their appeal to children. Source link

The president’s middle son is said to be joining his father in a “personal capacity” rather than to make business deals. Source link

Vice President JD Vance said the state had not done enough to fight fraud in the public health insurance program. Source link

The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging. Source link

President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently. Source link

Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders. Source link

The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda. Source link

Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond. Source link