Your Evening Briefing
Your Evening Briefing
(Bloomberg) --
The International Monetary Fund cut the outlook for global growth to its lowest point since the financial crisis. Why? A bleak landscape in most major advanced economies (especially in Europe), the possible collapse of trade talks between the U.S. and China, and the departure of Britain from the EU without a deal. But while Europe does its part to sink everyone else, there’s some good news for U.S. stocks.
Here are today’s top stories
College graduates have a new alternative to student loans: selling stakes in themselves to Wall Street in exchange for a cut of their future earnings.
The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing, hours after the Trump administration said it would impose tariffs on the EU because of European aid to Airbus.
Treasury Secretary Steven Mnuchin said he’s not worried about being fired if he releases President Donald Trump’s tax returns to Congress.
Israel’s Prime Minister Benjamin Netanyahu could be on his way to a fifth term in a close race against a popular former army chief, two exit polls showed. Bloomberg's election liveblog has the latest.
China plans to ban cryptocurrency mining, dealing a fresh blow to an industry that’s already under siege.
Ambrosia Health offered a novel procedure: young blood transfusions it claimed could extend youth. The only problem was the FDA.
What’s Joe Weisenthal thinking about? The Bloomberg news director is busy reading a slew of Wall Street research about Modern Monetary Theory published yesterday by Goldman Sachs, Citigroup, Bank of America and Standard Chartered. It’s tempting to look at the way the debate has swung and conclude we must be at an inflection point, but we might not be there yet.
What you’ll need to know tomorrow
- If we miss climate goals, it's going to be harder to make money.
- Attention all brands: Stop making ads with chopsticks.
- Measles outbreak prompts NYC to declare public health emergency.
- The next version of recycling looks more like reincarnation.
- YouTube is developing choose-your-own-adventure programs.
- Lori Loughlin was indicted in the college admissions scandal.
- It's time to take your frequent flyer program international.
What you’ll want to read tonight
Forest fires in Sweden. Retreating glaciers in the Alps. Arid cropland in central and northern Europe. Dozens of new satellite images show how climate change is upending the lives of the half billion people who occupy the world’s biggest trading bloc.
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