Axios

A number of fast-food and casual-dining restaurants around the country, like McDonald’s and Bob Evans, are actively recruiting senior citizens who employers say are more sociable and punctual than teenagers, Bloomberg reports.

“Hiring seniors is a good deal for fast-food chains. They get years of experience for the same wages—an industry median of $9.81 an hour last year, according to the BLS—they would pay someone decades younger.”

The big picture: The labor market is tight. Bloomberg, citing the U.S. Bureau of Labor Statistics, reports that the amount of working Americans between the ages of 65 and 74 is expected to grow by 4.5% between 2014 and 2024. Meanwhile, the rate of people working between the ages of 16 and 24 is expected to plunge by 1.4%.

David's Bridal is prepping a bankruptcy filing as it works to restructure around $760 million of debt related to its 2012 takeover by private equity firm Clayton Dubilier & Rice, according to Bloomberg.

The bottom line: This would be the latest in a recent string of PE-backed retail bankruptcies, but Bloomberg says there are "no plans for major store closures or liquidations."

U.S. soybean sales to China — "the largest market for one of America's largest exports" — are down 94% from last year's harvest, as retaliatory tariffs stemming from President Trump's trade war have Chinese consumers turning to less-expensive trading partners, reports the NY Times.

Go deeper: Soybeans, the unlikely political ground zero in Trump's trade war

Qualtrics, a Provo, Utah-based maker of enterprise survey software, set IPO terms to 20.5 million shares at $18-$21.

Why it's a big deal: Not only is this around twice the $200 million that Qualtrics originally filed to raise, but also could double the $2.5 billion valuation that it received in its most recent round of venture capital funding.

NBC, Fox News and Facebook have pulled a controversial anti-immigration ad paid for by President Trump's campaign. CNN, meanwhile, refused to air the ad at all, calling it "racist."

The backdrop: The 30-second ad, a shorter version of a clip Trump tweeted last week, depicts undocumented Mexican immigrant Luis Bracamontes, who received the death penalty for murdering two police officers in 2014. Unlike Trump's tweet, the ad does not falsely blame Democrats for letting Bracamontes into the country, but it does attempt to connect Bracamontes and his crimes to the migrant caravan traveling through Mexico to the U.S. border.

President Trump railed against CNN "Fake Suppression Polls" in a Monday morning tweet, and later warned that illegal voters will be subject to the "maximum criminal penalties allowed by law."

So funny to see the CNN Fake Suppression Polls and false rhetoric. Watch for real results Tuesday. We are lucky CNN’s ratings are so low. Don’t fall for the Suppression Game. Go out & VOTE. Remember, we now have perhaps the greatest Economy (JOBS) in the history of our Country! ... Law Enforcement has been strongly notified to watch closely for any ILLEGAL VOTING which may take place in Tuesday’s Election (or Early Voting). Anyone caught will be subject to the Maximum Criminal Penalties allowed by law. Thank you!

Why it matters: On the eve of the 2018 midterm elections, a number of CNN polls have shown Democrats ahead by double digits in a generic congressional ballot.

Stock-market investors are grumbling these days, after a mere month or so of pain. For solace, they should look at the Treasury market.

The bottom line: For most of the past decade, capital has fared much better than labor. Now, the tables are turned.

Since tomorrow is political journalism's Game Day, we talked with three of the cable stars of election night about how they prep. Today, we interview Fox News chief political anchor Bret Baier, who'll co-anchor "America’s Election HQ: 2018 Midterms" with Martha MacCallum, from 6 p.m. until the wee hours.

What he's saying: Some of the prep is "kind of osmosis, as we're covering all these races," Baier said. "But we have this massive briefing book ... and all kinds of stats in there. So there'll be a little studying over the weekend ... But on game day, on Election Day, it's about staying calm and moving things around."

Americans are enjoying year-on-year wage gains above 3% for the first time in over a decade according to two economic reports this week, including a monthly jobs report that came in comfortably above expectations.

September was the 97th consecutive month that the economy has created jobs. That's an all-time record. Fiscal policy is goosing the economy. The Treasury is going to have to borrow $1.34 trillion this year, more than double the number in 2017. Enjoy the good times while they last.

Since Tuesday is political journalism's Game Day, we talked with three of the cable stars of election night about how they prep. Our first conversation was with CNN chief political correspondent Dana Bash, who'll track the Senate drama:

Bash's travels this cycle included her 49th state, North Dakota, where she sat on a big tractor (elusive #50: Montana): "When you see it and you touch it and you smell it, it gives invaluable understanding of what's going on out there."

A group of stores have committed to allow their employees to make time to vote in the midterms during the workday as a part of the "Time to Vote" campaign.

Why it matters: Scheduling conflicts are a primary reason people don't vote, and there's no federal law in the U.S. that requires businesses to give employees time to do so, Vox reports.

Warren Buffett's Berkshire Hathaway is purchasing $928 million in its own stock, the Wall Street Journal reports.

Why it matters: Buffett's decision is a rare one, the Journal writes, but one that reflects the state of the market. There is a lack of strong investment opportunities for the company to make with interest rates rising and growth in tech companies slowing as the year comes to a close. This is the first time since 2012 that the company has bought back its own stock, showing a new willingness to return money to its shareholders.