No country for millennial men

11 days ago


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The job market is firing on all thrusters, and even stubbornly low wage growth has ticked up a bit. But there are a lot of people who should be part of the U.S. economic picture that are nowhere to be found: Millennials. In particular, millennial men. Some 500,000 of them. —David E. Rovella

Here are today's top stories

Next week's U.S. midterms will be historic no matter who wins. But between now and Nov. 6, where you live will determine what issues dominate the discourse.

President Donald Trump may soon be forced to turn over business records after a judge rejected his attempt to halt a lawsuit alleging he’s using his office to enrich himself in violation of the U.S. Constitution.

A Saudi Arabia-backed fund plans a $1.1 billion investment in a Silicon Valley smart glass-maker, but the news didn't drown out fresh, gory details of a U.S. resident's death at the hands of Saudi agents. Turkey said Friday that Saudi operatives dissolved the dismembered body of Washington Post columnist Jamal Khashoggi.

China's stocks are sending out some scary signals about the state of its economy.

Mixed signals about the U.S. trade war with China sent stocks down on Wall Street as investors tried to make sense of dueling comments from Trump and his key economic adviser.

Huntington Ingalls earned another black mark for its over-budget, problem-ridden, $13 billion aircraft carrier. The U.S.S. Gerald R. Ford, it turns out, was delivered without any weapons elevators.

What's Luke Kawa thinking about? The Bloomberg cross asset reporter is marveling at the Treasury's $83 billion in long term debt sales, topping the amount sold during the throes of the financial crisis. 

What you'll need to know tomorrow

Is the iPhone over? Investors think Apple's golden goose is cooked.These countries get a pass from reimposed U.S. sanctions on Iran.3M has a cancer-linked water crisis brewing in its backyard.Trump wants to know what a China trade deal would look like.The black box found from the doomed Lion Air flight is damaged. Trump will have a friend in Silicon Valley come 2020.HBO is sending some White Walkers to the White House.

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What you'll want to read tonight

The Irresistible Urge to Build Cities From Scratch

The urban planner's dream, a desire to start fresh that goes back to ancient times, is upon us again. This time, the outbreak is centered in the developing world, in countries where population growth and rapid urbanization have wholly overwhelmed existing infrastructure. Bloomberg Businessweek takes you on a tour of a new world, under construction.

Have you started strategizing for 2019? We have. Don’t miss the annual Bloomberg Businessweek special report, The Year Ahead, on the major trends, disruptions, breakthrough products, innovations and movements to watch in the coming year. Get Bloomberg All Access in time to receive this issue in print and much more.

Global leaders will gather in Singapore for Bloomberg's inaugural New Economy Forum on Nov. 6-7. The event aims to solve the world's biggest challenges through coalition building, analysis and expert perspective. Follow the event on Twitter, Facebook and LinkedIn.

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