Bonds and equities are doing something they don't usually do—falling in unison. It's potentially a big deal, signaling bad times ahead. —Josh Petri Here are today's top storiesHurricane Michael made landfall on Wednesday with 155 mile-per-hour winds, making it the strongest storm to hit the continental U.S. since 2004. The storm could push this season's toxic red tide into Florida, exposing more people to the dangerous health effects of a record algae bloom.
Stung by their failure to spot the turmoil of a decade ago, policymakers, traders and economists are searching for potential hot spots that could lead to the next financial meltdown. With less than a month until the U.S. midterms and scores of House seats in play, national GOP groups are conducting financial triage. Fired White House adviser Steve Bannon slammed Nikki Haley’s decision to quit as U.S. ambassador to the UN as “suspect” and “horrific.” The next generation of air travel is taking shape. Soon, only a single pilot—or none at all—will be in the cockpit. Will you still want to fly? What's Joe Weisenthal thinking about? The Bloomberg news director is thinking about the nightmare scenario in the U.S.-China trade war: What if China dumps all its debt, causing American interest rates to soar? What you'll need to know tomorrowSears is preparing for bankruptcy as soon as this weekend.Michael Bloomberg registers as a Democrat with an eye on 2020.Millennials have killed again. The latest victim? American cheese.The U.S. knew of a Saudi plan to seize a journalist, a report says.Melania Trump said #MeToo accusers must "show the evidence."Elon Musk has 143 days before creditors start demanding money.Boeing is delaying America's return to space, NASA says. Sponsored Content by Milliman The biggest risk to your business is the one you don’t see coming. Learn how Milliman is using machine learning to help businesses quantify cyber risk and prepare for emerging threats. What you'll want to read tonightFor large beverage companies, the push into pot is all about the fear of missing out, Bloomberg Businessweek reports. After getting beat on trends including craft beer, coconut water, and flavored seltzer, the drink giants don’t want to miss the next trendy ingredient: cannabis. Whether it’s the THC that gets you high or the nonpsychoactive CBD, weed components are being infused into drinks with an eye to the mass market. Have you started strategizing for 2019? We have. Don’t miss the annual Bloomberg Businessweek special report, The Year Ahead, on the major trends, disruptions, breakthrough products, innovations and movements to watch in the coming year. Get Bloomberg All Access in time to receive this issue in print and much more. How climate science and the future of energy reshape our world. Sign up for Bloomberg's weekly Climate Changed newsletter to get the best of our coverage about climate science and the future of energy, straight to your inbox. Download the Bloomberg app: It's available for iOS and Android. | 