Your Evening Briefing
Your Evening Briefing
(Bloomberg) --
Donald Trump ended negotiations on Capitol Hill aimed at resolving the government shutdown, now poised to become the longest in U.S. history, a record 22 days. The president has repeatedly threatened to invoke emergency powers to pay for his border wall if he doesn't reach a deal with Democrats, who have promised to sue if he does.
Here are today's top stories
It would not be the first time a president has declared a national emergency. Abraham Lincoln famously suspended habeas corpus during the Civil War, for instance. Here are some other notable examples.
The TSA plans to close a handful of security checkpoints at airports as soon as this weekend in response to staffing shortages triggered by the shutdown. And if you're worried about a lack of FDA inspections during this domestic crisis, we have some advice: Eat like you're pregnant.
Trump said the administration is looking at changing a foreign worker visa program to include a more direct path to citizenship.
Economists put the risk of a U.S. recession at its highest in more than six years amid mounting dangers from financial markets, Trump's trade war with China and, you guessed it, the shutdown.
It's not just the U.S. From Jaguar to Macy's, global financial gloom is spreading across industries.
Denizens of Stoke-on-Trent—once the heart of the global pottery industry—were left behind by globalization and neglected by successive U.K. governments. They voted for Brexit emphatically, and now serve as a warning of the dangers of a second referendum.
What's Luke Kawa thinking about? The Bloomberg cross-assets reporter is mulling December's rocky markets. Back then, investors were pricing in the possibility of an imminent recession. Now, resurgence in the riskiest parts of the credit market is a clear sign that the economic picture is much less dire than we thought.
What you'll need to know tomorrow
- There's a tiny plastic enemy threatening the planet's oceans.
- Millions of Americans have already gotten the flu this season.
- The Detroit auto show has run out of gas. Tokyo has not.
- China offered a green card to Elon Musk.
- Everything feels gray, even the trendiest new watches.
- How to burn $4.6 million in 10 days in Hong Kong.
- It's getting more expensive to eat out in America.
What you'll want to read tonight
The Bullet Journal—the all-in-one calendar, to-do list and diary—has become the DIY life organizer de rigueur. But trying to get into the fad can be intimidating. The hashtag #BuJo on Instagram surfaces over 2 million dreamy looking hand-drawn calendars and to-do lists—a mosaic of high-level artistry that will intimidate anyone without an advanced degree in crafting. We spent two months trying it out. Here's what we learned.
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