Your Evening Briefing

Josh Petri

11 Oct 2018, 02:45 AM IST

(Bloomberg) --

Bonds and equities are doing something they don't usually do—falling in unison. It's potentially a big deal, signaling bad times ahead.

Here are today's top stories

Hurricane Michael made landfall on Wednesday with 155 mile-per-hour winds, making it the strongest storm to hit the continental U.S. since 2004.

The storm could push this season's toxic red tide into Florida, exposing more people to the dangerous health effects of a record algae bloom.

Stung by their failure to spot the turmoil of a decade ago, policymakers, traders and economists are searching for potential hot spots that could lead to the next financial meltdown.

With less than a month until the U.S. midterms and scores of House seats in play, national GOP groups are conducting financial triage.

Fired White House adviser Steve Bannon slammed Nikki Haley’s decision to quit as U.S. ambassador to the UN as “suspect” and “horrific.”

The next generation of air travel is taking shape. Soon, only a single pilot—or none at all—will be in the cockpit. Will you still want to fly?

What's Joe Weisenthal thinking about? The Bloomberg news director is thinking about the nightmare scenario in the U.S.-China trade war: What if China dumps all its debt, causing American interest rates to soar?

What you'll need to know tomorrow

Sears is preparing for bankruptcy as soon as this weekend.
Michael Bloomberg registers as a Democrat with an eye on 2020.
Millennials have killed again. The latest victim? American cheese.
The U.S. knew of a Saudi plan to seize a journalist, a report says.
Melania Trump said #MeToo accusers must "show the evidence."
Elon Musk has 143 days before creditors start demanding money.
Boeing is delaying America's return to space, NASA says.

What you'll want to read tonight

For large beverage companies, the push into pot is all about the fear of missing out, Bloomberg Businessweek reports. After getting beat on trends including craft beer, coconut water, and flavored seltzer, the drink giants don’t want to miss the next trendy ingredient: cannabis. Whether it’s the THC that gets you high or the nonpsychoactive CBD, weed components are being infused into drinks with an eye to the mass market.