Your Evening Briefing
Here are today’s top stories
The U.S. oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices.
Are you worried (like everyone else) that corporate debt will blow up the U.S. economy, 2008-style? This Bank of America strategist isn’t.
Guess who the most admired man and woman in America are, according to a Gallup poll? A hint: they used to live in the White House.
What you’ll need to know tomorrow
- Trump reportedly disclosed a Navy SEAL unit’s presence in Iraq.
- Saudi Arabia shuffles officials amid fallout from Khashoggi’s murder.
- It’s been a really bad year for hedge funds.
- Asset managers, too.
- The Justice Department is using the shutdown to slow litigation.
- Your corner Starbucks may not be there next year.
- Sick of bad news? Luxuriate in our favorite Pursuits photos of 2018.
What you’ll want to read tonight
How ICE triggered a crisis in a small Iowa town. Employers in Mount Pleasant are desperate to hire hundreds of workers, but the usual pool of rural Guatemalans has dried up. For years, they traveled thousands of miles to work in the factories here. But no more, Bloomberg Businessweek reports.
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