Your Evening Briefing

(Bloomberg) --

President Donald Trump opted to take a less confrontational approach toward Chinese investments in the U.S. while a leaked report from a Chinese government-backed think tank has warned of a potential "financial panic" in the world's second-largest economy. In Washington, the U.S. Supreme Court, and Justice Anthony Kennedy, went out with a bang.

Here are today's top stories

Kennedy announced he will retire, allowing President Trump to nominate a successor who could create the most conservative court in generations. The Senate fight this fall will likely be epic.

The current court said government employees have a constitutional right not to pay union fees in a ruling that affects 5 million workers and deals a heavy blow to the American labor movement.

Disney won U.S. antitrust approval for its $71 billion purchase of 21st Century Fox's entertainment assets, raising hurdles to a potential rival bid from Comcast.

House Republicans fell far short on their second attempt to pass a GOP-only immigration bill, notching another failure on Trump’s signature issue.

Alexandra Ocasio-Cortez, a former organizer for Senator Bernie Sanders' presidential campaign, handed longtime Democratic Representative Joe Crowley a stunning loss. 

The plan, called Operation Constitution, was simple: to capture Venezuelan President Nicolás Maduro and put him on trial. Then something went wrong. We go inside the attempted coup.

What's Joe Weisenthal thinking? The Bloomberg news director is questioning the common wisdom on Trump's trade tactics. M&G money manager Eric Lonergan argues that Trump is the first leader to correctly identify Europe as a source of major imbalances. Check out his clip on TV yesterday where he argued that if Trump's style were different, he'd be getting praised in elite quarters rather than panned.

What you'll need to know tomorrow

What you'll want to read tonight

A confident criminal can rob a bank with nothing more than a handwritten note, but a truly ambitious theft requires specialized equipment and skills. Here are the seven tools every thief needs for a successful break-in—and some things you can use to guard against one.

Your Evening Briefing

©2018 Bloomberg L.P.