Maybe the North Korea talks will happen after all. As President Donald Trump departed Washington for the holiday weekend, he mused of revisiting the decision to call off the summit, his latest policy about-face. Meanwhile, one person who won’t be traveling far anytime soon is ex-film mogul Harvey Weinstein, who was arrested. —David E. Rovella Here are today's top storiesTaiwan is losing friends as China’s efforts to isolate the island nation are accelerating, leaving only 18 countries who recognize the country formally known as the Republic of China.
The People's Republic of China though got some good news, courtesy of Trump. The administration told Congress it will allow Chinese telecom firm ZTE Corp. to remain in business. In just six weeks, Saudi Arabia has gone from advocating higher oil prices to trying to stop the rally at $80 a barrel. What's going on in Riyadh? These American workers are still being paid like it’s the 1980s, thanks to the government's decades-long failure to update its “prevailing wage” for jobs on taxpayer-funded projects. Europe has had enough of Brexit. Leavers hoped to start a continent-wide revolution, but it turns out there are more pressing problems. Crypto fever may have cooled across much of the globe, but don’t tell that to folks in Caracas. They’re mining coins like crazy in Venezuela. What's Lorcan Roche Kelly thinking? The Bloomberg Markets editor says the reason a new order in Italy threatens a wider European crisis is because the lessons from the last crisis weren't put into practice. What you'll need to know tomorrowApple's famed designer reveals the secrets of the Apple Watch.Malaysian police seized $29 million in raids linked to former Prime Minister Najib Razak.Amazon is scaring the heck out of big box retailers, who suddenly recognize their peril. Amazon is scaring some consumers, too, because Alexa might be listening.Some of America's biggest newspapers and online services are cutting off Europe.Trump is rushing to cut the red tape that keeps more commercial rockets on the ground.Meanwhile, the firm Jared Kushner ran just sold its stake in some killer courtyard parties.What you'll want to read tonightA hair-raising ride with race car driver Danica Patrick, a masked ball at Versailles, a visit to a camel racetrack in Abu Dhabi, and, of course, rare California wines: That’s a tiny taste of what’s on offer at the 38th extravagant Auction Napa Valley. Like Bloomberg's Evening Briefing? Subscribe to Bloomberg All Access and get much, much more. You'll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close. How much should you be saving for retirement? Bloomberg News’ personal finance Facebook group, Money Talks, is filled with tips to help you save money, become better informed about where your money goes, or better organize your financial life. Download the Bloomberg app: It's available for iOS and Android. | 