The International Monetary Fund cut the outlook for global growth to its lowest point since the financial crisis. Why? A bleak landscape in most major advanced economies (especially in Europe), the possible collapse of trade talks between the U.S. and China, and the departure of Britain from the EU without a deal. But while Europe does its part to sink everyone else, there’s some good news for U.S. stocks. —Josh Petri Here are today’s top storiesCollege graduates have a new alternative to student loans: selling stakes in themselves to Wall Street in exchange for a cut of their future earnings. The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing, hours after the Trump administration said it would impose tariffs on the EU because of European aid to Airbus. Treasury Secretary Steven Mnuchin said he’s not worried about being fired if he releases President Donald Trump’s tax returns to Congress. Israel’s Prime Minister Benjamin Netanyahu could be on his way to a fifth term in a close race against a popular former army chief, two exit polls showed. Bloomberg's election liveblog has the latest. China plans to ban cryptocurrency mining, dealing a fresh blow to an industry that’s already under siege. Ambrosia Health offered a novel procedure: young blood transfusions it claimed could extend youth. The only problem was the FDA. What’s Joe Weisenthal thinking about? The Bloomberg news director is busy reading a slew of Wall Street research about Modern Monetary Theory published yesterday by Goldman Sachs, Citigroup, Bank of America and Standard Chartered. It’s tempting to look at the way the debate has swung and conclude we must be at an inflection point, but we might not be there yet. What you’ll need to know tomorrowIf we miss climate goals, it's going to be harder to make money.Attention all brands: Stop making ads with chopsticks. Measles outbreak prompts NYC to declare public health emergency. The next version of recycling looks more like reincarnation.YouTube is developing choose-your-own-adventure programs.Lori Loughlin was indicted in the college admissions scandal.It's time to take your frequent flyer program international. Sponsored by the Kellogg School of Management at Northwestern University Self-reflection will make you a better leader. Setting aside 15 minutes at the end of each day can help you prioritize, prepare, and build a stronger team. Here are 8 questions you should ask yourselfthis evening. What you’ll want to read tonightForest fires in Sweden. Retreating glaciers in the Alps. Arid cropland in central and northern Europe. Dozens of new satellite images show how climate change is upending the lives of the half billion people who occupy the world’s biggest trading bloc. 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. Wake up with the biggest stories in politics: Balance of Power, which arrives in your inbox every morning, breaks down the latest political news, analysis, charts, and dispatches from Bloomberg reporters around the globe. Sign up here. Download the Bloomberg app: It’s available for iOS and Android. |