Header Ads

The growing risk of dying poor

Evening Briefing
Bloomberg

A video by the U.S. military showing a small boat alongside one of the tankers attacked near the Persian Gulf failed to end speculation as to who was responsible. President Donald Trump blames Iran. Iran denies his allegation, suggesting a set up. An insurer also says it's probably Iran. Meanwhile, the owner of one tanker said the U.S. is wrong to claim mines were used, saying the ship was hit by a projectile. —David E. Rovella

Here are today's top stories

Bobby Ghosh writes in Bloomberg Opinion that, if you believe the White House's claim, squint hard enough and you can see the outlines of an Iranian strategy that ends in negotiations.

One of the toughest problems retirees face is making sure their money lasts as long as they do. Many will run out a decade before they die.

A gauge of U.S. business conditions compiled by Morgan Stanley dropped this month by the most on record, to its lowest point since 2008, adding to recent signs that the world's largest economy is slowing.

For American farmers, this summer is shaping up to be horrible. Already suffering because of the trade war, Mother Nature is piling on with incessant rain and cool weather.

Boeing is coming to this year's Paris Air Show with some hard choices that will go far in determining who comes out on top in the jetliner duopoly.

When Trump bought 436 acres in upstate New York two decades ago, he envisioned adding two new championship golf courses to his collection. It didn't quite work out that way.

What's Luke Kawa thinking about? The Bloomberg cross-asset reporter says the Fed's task right now is far from easy. If the June dot plot and forecast revisions point to softening in the U.S. economy and the need to lower rates from current levels, there will be confusion as to why the central bank isn't taking proactive action to allay the soft patch.

What you'll need to know tomorrow

What you'll want to read tonight 

Americans are Paying to Rebuild Notre Dame  

The billionaire French donors who publicly promised donations totaling hundreds of millions of dollars to rebuild Notre Dame have yet to pay a penny toward restoration of the French national monument. Instead, it's been mainly American and French citizens. 

Like Bloomberg's Evening Briefing? Subscribe to Bloomberg.com. You'll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer.

Need something to binge listen to this weekend? Check out our new podcast: From Wondery and Bloomberg, "The Shrink Next Door" is a story from Joe Nocera about power, control and spending three decades seeking help from someone who pretty much turns out to be the wrong person. Listen on Wondery, Apple Podcasts, or wherever you get your podcasts.  

Download the Bloomberg app: It's available for iOS and Android.

FOLLOW US Facebook Share Twitter Share SEND TO A FRIEND Share with a friend

No comments