Bloomberg

Italy's political chaos triggered a global selloff. In case you haven't been paying attention, here's everything you need to know about it. Given the turmoil, perhaps we should all save some money and buy man-made diamonds in lieu of the real thing? —Josh Petri

Here are today's top stories

Former hedge fund titan George Soros, who warned of a looming financial crisis and an existential threat to the EU on Tuesday, is shorting stocks from Stockholm to London.

President Donald Trump signaled his intention to impose tariffs on $50 billion in Chinese imports, sending a hawkish message days before more trade talks. 

The White House is racing to prepare for the revived North Korea summit. One of Kim Jong Un's top aides has been sent to the U.S. to meet with Secretary of State Mike Pompeo.

Facebook's ad placement tools are being used by more companies to discriminate against older job-seekers, a proposed class action lawsuit alleges. 

It's not just America: The entire world isn't prepared for retirement. New data show people all over the globe don't understand basic concepts of investment and inflation.

An employee at Steve Bannon's former news site recruited a Bernie Sanders activist to get African Americans to support Trump on election day—or stay home.

What's Joe Weisenthal thinking? The Bloomberg news director is busy gaming out all the possible outcomes in Italy. He suggests checking out some thoughts from Ferdinando GiuglianoDuncan WeldonEnea DesideriAdam Tooze, and Mohamed El Erian

What you'll need to know tomorrow

What you'll want to read tonight

De Beers Wants to Sell You Diamonds Made in a Lab

The company that almost single-handedly created the allure of diamonds as the rare, expensive, eternal symbol of love now wants to sell you some party jewelry that's anything but.

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