Your Evening Briefing
Your Evening Briefing
(Bloomberg) --
The Fed indicated a readiness to cut interest rates for the first time in more than a decade to sustain a near-record U.S. economic expansion, citing “uncertainties” in its outlook. The central bank also made clear it thinks the law is on its side if President Donald Trump took the unprecedented step of trying to remove Jerome Powell.
Here are today’s top stories
Facebook has apologized for the many ways it’s breached user trust. Now, Mark Zuckerberg wants you to trust him with your money.
Ex-U.K. Foreign Secretary Boris Johnson extended his lead in the Tory race to succeed Theresa May as prime minister.
Lots of people doubted Craig Wright when he declared himself Satoshi Nakamoto, inventor of Bitcoin. Now he’s accusing some of defamation.
Trump’s 2020 re-election pitch sounds much like his last one, says Timothy L. O'Brien in Bloomberg Opinion. Only this time, his failure to deliver on many of his old promises may hurt him.
The film and television industry is making a real play to bolster trans and other queer artists, reports Bloomberg Businessweek. But the data say the LGBTQ community remains vastly underrepresented.
Forget Dungeons & Dragons: The latest role-playing game frenzy is fueling a lucrative niche for pricey accessories, like $2,700 tables.
What’s Joe Weisenthal thinking about? The Bloomberg news director is busy reading all the hot takes about Libra (that’s Facebook’s crypto-bid for your cash) and is ready to share one of his own: If Zuckerberg’s play is successful, the right way to think about it isn’t as a coin, but rather an open-source platform for building money-moving applications.
What you’ll need to know tomorrow
- This is how hackers can take over your car’s GPS.
- Cold War spy imagery shows Asian glaciers are melting fast.
- Apple is ramping up testing of its digital-first credit card.
- These are the best CEOs in America, according to employees.
- The world now has three people worth more than $100 billion each.
- Amazon’s Alexa can detect if you’re having a heart attack.
- The NBA wants you to bet on games that never happened.
What you’ll want to read tonight
Bruce Linton is chief executive of Canopy, the world’s largest pot company. Strangely, he doesn’t sleep very well. Linton doesn’t use medical marijuana to help, and he says he doesn’t smoke for fun, either. He doesn’t even vape or eat pot brownies. After all, he has a reputation to protect: He’s running a company with a market value of about $15 billion as it navigates the confusing American market.
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