Today's Headlines

Bloomberg:

• China Considers Opening Up to Foreign Electric Carmakers. China is discussing a plan to allow foreign carmakers to set up wholly owned electric-vehicle businesses in its free-trade zones in a major revision of a fundamental principle governing the country’s auto industry policy since the 1990s, according to company officials briefed on the matter. The plan, which is subject to change as a final decision hasn’t been made, could be put in place as early as next year, the people said, asking not to be identified as the deliberations are private. If the policy takes effect, it would be a landmark departure from the existing rules, which require foreign automakers to set up joint ventures with local counterparts.
• Your Evening Briefing.
• The Sizzling Stock Market Is Making Investors Uneasy. Bearish bets are also piling up among mega-cap stocks, the biggest contributors to U.S. equity gains this year. As the Nasdaq 100 Index rose to a new high on Sept. 13, demand for protection grew to the most in over a year on the most popular ETF tracking the index, the Powershares QQQ Trust.
• FANG Stocks Take Repeated Hits and the World Keeps Spinning. You may have missed it, but the FANG block -- Facebook Inc., Amazon.com Inc. Netflix Inc. and Google parent Alphabet Inc. -- dropped almost 7 percent during the August selloff, while Apple Inc. was down 3.5 percent from its 2017 peak at its worst point. But even with all the carnage, the S&P 500 kept going up, climbing above 2,500 for the first time.

Wall Street Journal:

• Trump Issues Dire Warning to North Korea in Address to U.N. President threatens to ‘totally destroy’ Pyongyang regime and criticizes Iran deal at General Assembly.
• How to End ObamaCare in Two Pages. Call John Roberts’s bluff by disavowing the taxing power.
• How Antifa Violence Has Split the Left. Tactics of the group are creating a rift among liberals about whether to denounce a radical fringe whose objectives, if not methods, they often share.
• Cost Of Employer-Provided Health Insurance Rises Toward $19,000 a Year. And the share of firms that offer coverage continued to decline in 2017, according to a survey. 
• Senate’s Three Health-Care Proposals: A Guide. Since GOP effort to repeal ACA failed, senators pitch widely different options.
• Nvidia’s(NVDA) Gains Are Real, Not Virtual. Fading hype over cryptocurrency brings focus back to more real opportunities for chipmaker.

MarketWatch.com:

• More than half of these high-yield dividend stocks are on sale.
• Why stock market investors shouldn’t sweat a shrinking Fed balance sheet.
• European stocks waver as traders brace for Fed policy update. The Stoxx Europe 600 index SXXP, +0.04% ended marginally higher at 382.12, after trading in a relatively tight range during the session.

Fox News: 

• UN Speech: Trump Says 'Rocket Man' Kim Jong Un on 'Suicide Mission,' in Broadside at 'Rogue Regimes'. (video)
• '#TrumpVindicated'? Manafort Wiretap Report Could Boost Trump's Claim After Months of Media Mocking. (video)

CNBC:

• Here’s why the new GOP Obamacare-replacement bill might actually pass in Congress.
• As charts point to a big bank rally, a technician says there is one name you want to bet on. (video)
• The iPhone 8 reviews are out and here's what people are saying. (video)
• Volvo expanding US production plans in South Carolina.
• The opioid epidemic is so bad it's driving down life expectancy in the US. 
• The timing may be right for Facebook(FB) to enter China next year, analyst predicts.

Zero Hedge:

• "This Is Where The Next Financial Crisis Will Come From". (graph)
• Trump's "Fiery" United Nations Speech: Full Transcript.
• Biggest Hedge Fund Manager In The World Warns "Bitcoin Is A Bubble", Says Gold Is Money.
• Buildings Collapse, Thousands Take To The Street After Powerful Quake Shakes Mexico City.
• Ahead Of Tomorrow's Historic Fed Meeting, Here Is The Only "Cheat Sheet" You Need.
• Hillary Clinton: Women Only Voted For Trump Because Their Husbands Told Them To.
• Study Shows Student Debt Delays Home Buying By Seven Years.
• US Export, Import Prices Spike Most In 14 Months. (graph)
• Hurricane Maria Causes "Widespread Devastation" In Dominica As It Races Toward Puerto Rico.
• Building Permits Rebound In August As 'Rental Nation' Demand Returns. (graph)
• Defense Secretary Mattis Says US Will Act On North Korea Missiles That Pose A Threat.
• Boris Johnson Threatens To Resign If Theresa May "Goes Against His Brexit Demands", Pound Rises.
• Euro Tumbles On Report ECB Is "Concerned And Divided" Over End To QE.
• Toys "R" Us Files Chapter 11: Second Largest US Retail Bankruptcy In History.
• Global Equities Hit New All Time High Ahead Of The Fed; VIX < 10; Japan Stocks Surge. (graph)

AJC.com:

• Georgia Tech president: Unrest mainly caused by “outside agitators”. Georgia Tech president G.P. “Bud” Peterson said “outside agitators” were mainly to blame for the unrest that took place on campus Monday night. Peterson said in a letter to students, faculty and alumni Tuesday that a vigil held for a student shot and killed a Tech police officer Saturday night was disrupted “by several dozen others intent on creating a disturbance and inciting violence. We believe many of them were not part of our Georgia Tech community, but rather outside agitators intent on disrupting the event.” Peterson added they did not honor the memory of the student who was killed, Scout Schultz, with their actions.