Your Evening Briefing
U.S. President Donald Trump on Tuesday evening will deliver his second State of the Union address to Congress. The House chamber will be full of Democrats jostling to challenge his re-election, with many female lawmakers planning to dress in suffragette white and his chief antagonist Nancy Pelosi seated at the dais behind him. The appearance will be shadowed by the threat of another government shutdown and comes mere hours after the Senate rebuked the president over his Syria policies.
Here are today's top stories
Trump has decided he won’t declare a national emergency on the U.S. border with Mexico during his speech, sources tell Bloomberg News. Of course, the president could always change his mind.
For some politicians, providing the official State of the Union response has been career gold. For others, not so much. So where are they now?
Ketamine could be the key to reversing America's rising suicide rate. A version of the club drug is expected to approved for depression in March, Bloomberg Businessweek reports.
The crypto exchange founder who died holding the only passwords able to unlock millions in customer coins had filed his will just 12 days before his death.
What's Joe Weisenthal thinking about? The Bloomberg news director is weighing the pros and cons of various "safe havens." Gold will always have buyers, but it's difficult to store, protect or move as Nicolas Maduro recently learned. Cryptocurrencies may be "safe" because you control them, but the CEO of the exchange where you keep your coins may die unexpectedly, taking his passwords to the grave.
What you'll need to know tomorrow
- Lloyd Blankfein returned to Twitter to defend stock buybacks.
- A Goldman executive tried to bury a fight with a dismissed trader
- The internet saved the record labels.
- Venezuela is printing money at its fastest pace ever, a sign of panic.
- Ralph Lauren is using streetwear "hypebeasts" to boost sales.
- The future of cannabis doesn't require pot plants.
- Trump's trips to Mar-a-Lago cost nearly $1 million a day.
What you'll want to read in Bloomberg Pursuits
It boasts a gym, pool, gallery, beauty salon and helipad—not to mention space for sleeping 22 guests—and it’s up for sale at around half its purchase price. Yet finding a buyer for the 300-foot superyacht Equanimity, one of the most striking assets at the heart of the 1MDB scandal, is not proving to be an easy task.
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