Covid’s desperate race

The second year of the coronavirus pandemic is quickly being defined by a desperate race. Vaccination campaigns face the growing threat of variants as the pathogen tears through unprotected populations in India, Brazil and elsewhere. At some point, mutations may overwhelm the protection conferred by the current crop of vaccines, prolonging the global health catastrophe. The Bloomberg Covid Resilience Ranking reveals where variants pose the gravest threat right now, and where they do notDavid E. Rovella

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America

Here are today’s top stories   

JPMorgan is preparing to offer a Bitcoin fund to wealthy clients, the latest sign that Wall Street is warming to the token after it soared in recent months.

Tesla reported a seventh consecutive quarter of profit on strong demand for its top-selling Model 3 sedan. In a few weeks, billionaire co-founder Elon Musk will have a chance to bask in the limelight when he hosts Saturday Night Live.

China’s government has expanded its antitrust crackdown beyond Jack Ma’s technology empire, launching an investigation into suspected monopolistic practices by food-delivery behemoth Meituan.

Meituan messengers gather in 2019 at a morning team meeting before starting the day’s deliveries.

Photographer: Gilles Sabrié/Bloomberg

The U.S. announced Monday it would send 60 million doses of AstraZeneca’s Covid-19 vaccine abroad as Biden pledged to help India, now at the center of the pandemic with thousands dying daily (though its richer citizens are flying away to safety). The announcement came as Biden faces growing pressure to share the U.S. stockpile of the shot, which isn’t approved for use in the U.S. Here’s the latest on the pandemic.

Texas will gain the most new seats in the U.S. House of Representatives under new Census numbers released Monday following a controversial count during the Trump administration. States in the Democratic-leaning Northeast as well as the Midwest will lose seven seats, shifting more political power to Republican strongholds before the 2022 midterm elections.

Texas and Florida gained seats while California and New York lost.

Source: U.S. Census Bureau

Please, wealthy people, stow your indignation about U.S. President Joe Biden’s proposed capital gains tax increases, Timothy L. O’Brien writes in Bloomberg Opinion. All these bad things that will supposedly happen, he writes, are based not on facts but voodoo.

Freshly immunized and flush with cash, some leisure travelers are splurging on premium seats for their first trips back. Business class is a hot commodity.

What you’ll need to know tomorrow 

What you’ll want to hear in Bloomberg Podcasts

The Shrink Next Door Finally Faces the Music

The psychiatrist who was the focus of Bloomberg’s “The Shrink Next Door” podcast was ordered to surrender his license to practice in New York after violating professional standards in dealings with several patients. Now Bloomberg’s Joe Nocera returns with a final episode of the popular podcast describing how the long, troubled tale of Isaac “Ike” Herschkopf and Marty Markowitz comes to an end.

Isaac Herschkopf and Marty Markowitz in Southampton, New York

Photographer: Photographer: William Mebane

Like getting the Evening Briefing? Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and gain expert analysis from exclusive subscriber-only newsletters.

The Bloomberg Wealth Summit: Join us on May 4 for a virtual event designed to provide private investors, family offices and financial advisers actionable intelligence from economists, money managers and policy professionals. They will shed light on the most vexing questions—and surprising opportunities—facing wealth management in a post-pandemic world. Sponsored by BNY Mellon and Grayscale. Register here.

Download the Bloomberg app: It’s available for iOS and Android.

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.

Older messages

Wall Street’s ‘overlooked minority’

Saturday, April 24, 2021

Bloomberg Follow Us Get the newsletter The Minneapolis police's murder of George Floyd arguably ignited the greatest racial reckoning in the US since the 1960s, but convicting one cop won't fix

J&J gets another shot

Friday, April 23, 2021

Bloomberg Follow Us Get the newsletter A panel of US vaccine advisers reaffirmed the use of the Johnson & Johnson Covid-19 vaccine. The experts at the Centers for Disease Control and Prevention

Here come the taxes

Thursday, April 22, 2021

Bloomberg Follow Us Get the newsletter US President Joe Biden will propose almost doubling the capital gains tax rate on the rich to fund programs aimed in part at rectifying historic economic

Market spillover grows

Wednesday, April 21, 2021

Bloomberg Follow Us Get the newsletter Financial markets around the world are waking up to the risks of another coronavirus flare-up. Asian markets, blighted by rising cases from Japan to India, have

Guilty of murder

Tuesday, April 20, 2021

Bloomberg Follow Us Get the newsletter Ex-Minneapolis cop Derek Chauvin murdered George Floyd, a jury held on Tuesday. Floyd, an unarmed Black man, said he couldn't breathe as Chauvin, who is White

Chicken prices to the moon

Thursday, July 29, 2021

Finshots Chicken prices to the moon In today's Finshots we talk about why chicken prices are on the rise. Business The Story Over the last few weeks, chicken prices have skyrocketed across many

Fintech News Issue #322

Thursday, July 29, 2021

Crypto regulation, Embedded finance and Solarisbank, VISA buys currencycloud, Amazons new currency and more See Online Issue 322 2021-07-27 The decade of regulation started. Microsoft recently

Colleges Are Giving Students up to $25,000 Just for Getting Vaccinated

Thursday, July 29, 2021

Campuses are using creativity (and money) to encourage COVID-19 vaccinations among young people. July 28, 2021 COVID-19 Colleges Are Giving Students up to $25000 Just for Getting Vaccinated Campuses

Risk from China

Wednesday, July 28, 2021

Bloomberg Federal Reserve officials signaled they are moving closer to when they can start cutting massive support for the US economy, but Chair Jerome Powell said there was still some way to go. “We

😭 Apple hurts Facebook

Wednesday, July 28, 2021

Facebook vs privacy | McDonald's fills up | TOGETHER WITH Hi Reader, here's what you need to know for July 29th in 3:05 minutes. 🔋 What? Your city is evolving! Congratulations, your city

🚀 Announcing our new job board!

Wednesday, July 28, 2021

An easier way to find and filter open roles ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

FTT Update: And Robinhood Will IPO At...

Wednesday, July 28, 2021

​ ​ Hi all, Julie here. Sitting here on the edge of my seat waiting for this Robinhood IPO pricing to get announced. Tomorrow could get super interesting with the high retail allocation, but FTT Expert

Issue #104: Every time I pay an ATM fee I die a little inside

Wednesday, July 28, 2021

plus Gordon Ramsay + Gen Z finance July 28, 2021 • Issue #104 Dollar Scholar Dollar Scholar Hi y'all — When I was in college, I frequented a pizza joint called Satchel's. In addition to

Is India getting its own digital currency?

Wednesday, July 28, 2021

Finshots Is India getting its own digital currency? A few days back we began hearing whispers about a central bank digital currency (CBDC) and how the RBI is working on it as we speak. So in

Back-to-School Shopping Will Be More Expensive This Year

Wednesday, July 28, 2021

Shoppers should expect shortages and higher prices on computers and other school supplies. July 27, 2021 SHOPPING Back-to-School Shopping Will Be More Expensive This Year Shoppers should expect