Your Evening Briefing
Here are today’s top stories
Paul Manafort was campaign manager for President Donald Trump. He’s also a twice-convicted felon. Should his old boss pardon him, however, New York state prosecutors promise he won’t be out of the woods.
Theresa May must resign as British prime minister in three months, according to politicians at the highest levels of her own government.
Kraft Heinz plummeted the most on record, one day after writing down the value of some of its best-known brands by $15.4 billion.
John Havens, Citigroup’s former president and chief operating officer, has been caught up in the same prostitution bust that ensnared New England Patriots owner Bob Kraft.
The U.S. and China will extend the current round of trade talks into the weekend as they made progress on currency policy.
The Trump administration put in place new restrictions on abortion providers, setting up likely court challenges.
What’s Luke Kawa thinking about? The Bloomberg cross-asset reporter says the Treasury market is so boring that it’s hardly worth worrying about for risk-taking investors. But that may be about to change.
What you’ll need to know tomorrow
- Stocks rallied on news of movement in the U.S.-China trade talks.
- If there’s a no deal-Brexit, it’s going to happen a week early.
- Malaysia strikes deflation for the first time since 2009.
- The biggest mystery of the investment world is in Hong Kong.
- Elon Musk turns to Morgan Stanley for five monster mortgages.
- Warren Buffett’s big consumer bets are biting back.
- Some Vanguard exchange-traded funds just took it on the chin.
What you’ll want to read in Bloomberg Pursuits
Here’s the line from Vegas on Sunday’s Oscars. Americans can legally bet on the Oscars for the first time this year, thanks to the debut of sports betting in New Jersey. The overwhelming favorite for best picture is Netflix's “Roma.”
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