It was just last week that President Donald Trump backed out of the Iran nuclear deal, unsettling allies who are now scrambling to salvage the accord. On Tuesday, the Trump administration went further, slapping sanctions on the governor of Iran's central bank. But while the president doubles down on Tehran, his planned summit with North Korean leader Kim Jong Un is suddenly in jeopardy. —David E. Rovella Here are today's top storiesAfter four days in positive territory, the markets retreated Tuesday for their steepest slide in almost two weeks. A Treasury selloff is raising questions about how expensive it might get for the U.S. government to borrow money, especially as budget deficits widen. The U.S. is threatening sanctions against the European Union after the World Trade Organization ruled Airbus received illegal government funding, costing Boeing sales. How much money do you need to be "wealthy" in the U.S.? More than you might think, according to a survey of 1,000 Americans, most of them aspirational multimillionaires. In Europe, the financial picture is getting darker. Economic growth on the continent has been lackluster this year, with Germany's pace of expansion cut in half. He was the most powerful federal prosecutor in America until he was fired. Now Preet Bharara may try to become the most powerful state prosecutor in the country. What's Joe Weisenthal thinking? The Bloomberg executive editor isn't worried about a populist Italian government and its debt heavy plans because the markets don't seem to be. What you'll need to know tomorrowErdogan plans to tighten his grip on Turkey's economy.Your bank account may soon make money again.Apple warns Trump against tangling with China on trade.Democrats should watch Pennsylvania for signs of a November blowout.Why the biggest winners in the Republican tax overhaul haven't been born yet.A Volker rule rewrite will open the door to short-term trading currently viewed as speculative.Wyoming is trying to make itself the capital of cryptocurrency.Sponsor Content by Vivatech Viva Technology is the world’s rendezvous for startups and leaders to celebrate innovation. This event gathers the world’s brightest minds, talents, and technology in Paris on the 24th-26th of May 2018. With more than 68 000 visitors last year, the 2018 edition will be even greater as startups, business leaders, investors, students and media from around the world will descend on Paris for three packed days. Come and see Satya Nadella, CEO of MICROSOFT – Dara Khosrowshahi, CEO of UBER – Eric Schmidt, Technical Advisor & member of the board of ALPHABET INC. and many other top speakers take the stage. Discover the complete list of speakers here: https://vivatechnology.com/speakers This year, VivaTech promises to be internationally prominent, a key business accelerator and a gateway to even more immersive experiences with autonomous vehicles, robot parades and virtual reality … Get your pass now and get a 30% discount with this code: FPA23ASE What you'll want to read tonightThe rise of automation means fewer humans are needed in the workplace. But instead of freeing up our time, we’ve seen those jobs replaced by whole new industries. Take this test: Do you feel your job is BS? Well then it probably is. Read about our hidden reality here. Like Bloomberg's Evening Briefing? Subscribe to Bloomberg All Access and get much, much more. You'll get our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close.
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