The U.S. Centers for Disease Control and Prevention, whose missteps in the early stages of the pandemic led to critical delays in the creation and distribution of functioning coronavirus tests, now says Americans should be wearing a mask whenever they are indoors, except perhaps in their own home. The finding by the federal agency comes after President-elect Joe Biden said he would ask all Americans to wear masks for 100 days. Here is the latest on the pandemic. —David E. Rovella 

Bloomberg is mapping the pandemic globally and across America. For the latest news, sign up for our Covid-19 podcast and daily newsletter.

Here are today’s top stories

The biggest vaccination effort in history has begun. We are monitoring the progress of proposed drugs that may slow and eventually stop the deadly rampage of the coronavirus. Track the vaccines here.

Friday’s jobs report raised the odds Biden would inherit an even weaker labor market next year as the number of daily Covid-19 cases and deaths reach new highs. The Democrat called the November jobs report “grim” and said it shows “there’s no time to lose” for Congress to pass a new Covid bailout bill.

House Speaker Nancy Pelosi said there’s momentum building toward a compromise rescue package, but Republicans may block it because they oppose aiding any Democratic-leaning states decimated by the first wave of the pandemic.

New York State lawmakers are quietly reviving plans for an annual tax on second homes in New York City. And the revenue-raising effort goes beyond the towers of Manhattan’s Billionaire’s Row.
 

Buildings along Manhattan’s so-called billionaire's row 

A record outflow from one of Vanguard Group’s biggest exchange-traded funds is stirring speculation over who was behind it—and why.

It’s not just for millennials anymore. Health-conscious consumers are eating avocados like never before during the pandemic.

Chinese scientists claim to have built a quantum computer that is able to perform certain computations nearly 100 trillion times faster than the world’s most advanced supercomputer.

What you’ll need to know tomorrow

• Mortgage industry roars to a record year, courtesy of the Fed.
• Singapore’s richest family is clashing over its China investments.
• Brexit talks fall apart as crisis call between U.K., EU leaders set.
• Betting big on big tech stocks is not the right strategy anymore.
• David Einhorn has made a lot of bad bets, and one very good one.
• Wildfire risk leaves Californians without homeowners insurance.
• Snowflake CEO collects a $95 million payout—every single month.

What you’ll want to read in Bloomberg Pursuits

Airport Covid-19 Testing Is Not Going Away

Even as the race to approve and distribute vaccines is entering its final stretch, parts of the travel industry are sprinting to a different finish line: airport testing. From JFK to Boston to Frankfurt, a variety of companies are figuring out how to scale preflight testing in hopes of facilitating safe air travel and lessening quarantine requirements for anyone who isn’t first in line for a shot.

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Bloomberg Equality. Join us Dec. 9 to hear from influential voices including Cherie Blair as we discuss how the coronavirus recession has profoundly affected working women, and how to get back on track toward a more gender-balanced workforce. Sponsored by Google Cloud. Register here.

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