A daily morning look at the financial stories you need to know to start the day
-Stock futures are higher after yesterday's down day. Existing home sales for April come out at 10am Eastern.
-Credit card debt in the US is rising again and nearing a total of $1 trillion.
-Gold is mostly flat today, but it's set to finish its worst weekly drop in two months.
EGYPTAIR CRASH LATEST
-EgyptAir debris and passenger belongings have been found, according to the Egyptian military. Terror still seems to be the most likely cause of the crash.
-Crude prices are flat and holding at the $48/barrel level.
-Gasoline prices rose another penny overnight to $2.27/gallon, national average.
-At a rally in New Jersey last night, Donald Trump contrasted himself with Hillary Clinton by talking about their reactions to the EgyptAir crash. Trump said Hillary won't even say who's responsible.
-Trump will address the NRA national convention today.
-Democrats are going to give backers of Bernie Sanders seats on the convection platform committee, but that may not be enough to placate them.
-Bids for Yahoo's core businesses are coming in lower than expected; they're in the $2 billion to $3 billion range.
-The White House and House Speaker Paul Ryan have made a tentative deal on Puerto Rican debt relief.
-Tesla has raised $1.46 billion from the sale of new common stock. Tesla wants to produce 500,000 cars per year by 2018.
-But Tesla's suppliers aren't so sure those goals are doable.
-A scientific instrument-making startup company in Raleigh, NC is offering all new and existing employees a new Tesla. The CEO says it's cheaper than using a headhunter.
-Retailers in smaller towns will be hit the hardest by the new Obama administration overtime rules. They will now be forced to match the salaries in the big cities.
-China is demanding that the US cease its intelligence gathering activities along China's coast.
-NATO countries have finalized their plans to beef up military positions to counter Russian buildups in Eastern Europe.
-The Chinese government makes 488 million social media posts a year while posing as ordinary citizens. The posts are meant to divert attention from "sensitive issues."
-Philadelphia's city council will soon vote on a steep new tax on sugary drinks.
-Experts say China is still waging a devastating war on steel prices.
-TD Bank is getting rid of its popular coin counting machines after a man sued the bank for allegedly shortchanging him.