Where China and America agree

Beijing and Washington have finally found something they agree on—neither likes Chinese companies going public in the U.S. After cracking down on ride-hailing company Didi, Chinese regulators are planning rule changes that would allow them to block future overseas listings. The message seems clear that Beijing wants to control big data, among other things. The move also provides investors with another reminder about the perils of doing business in the world’s second-largest economy. Collateral damage for this latest market intervention? The global model of venture capital investing, Shuli Ren writes in Bloomberg Opinion.

What you’ll want to read this weekend

President Joe Biden is pushing for wider competition across the U.S. economy in an attempt to combat higher prices in the technology and pharmaceutical industries. For some Americans with toddlers, inflation has already begun—at home.

Families that were already struggling during the pandemic face a heavier burden as inflation makes unavoidable expenses costlier. Richard Dixson, like many guardians and parents of young children, is relying on banks for assistance.

Photographer: Chase Castor/Bloomberg

The White House isn’t quite ready to lift Covid-19 travel bans, even though some European countries have cleared American tourists. The Biden administration lost its bid for a July 4 target of 70% vaccination thanks to right-wing areas of the country that are refusing shots.

Finance job openings in London have almost tripled from a year ago. As banks move to make life easier for burned out employees, Cantor Fitzgerald’s boss is unapologetic about conditions on Wall Street.

Bloomberg Green tracked the life and death of a bear in the Pyrenees, and explains its significance for the climate crisis. In Africa, a giant dam is messing up the Blue Nile, imperiling water access for tens of millions of people.

The French village of Les in the Pyrenees

Photographer: Angel Garcia/Bloomberg

Sorry New York, the best pizza in America is in Portland, Oregon. And if this perfect summer salad can’t cool you down, try an ice cream burger.

What you’ll need to know next week

  • Richard Branson is to fly into space Sunday—before Jeff Bezos..
  • Elon Musk will testify in a trial over the SolarCity acquisition.
  • JPMorgan and Goldman Sachs lead Wall Street’s earnings parade.
  • Angela Merkel makes her first visit to Biden’s White House.
  • The Chicago Auto Show gives a boost to the convention business.

What you’ll want to read in Businessweek

Pump-and-Dump Schemes Go Crazy on Crypto

Billions of dollars are being stolen annually through a variety of cryptocurrency scams. Some digital wolves among the sheep work alone, others in packs—and almost all with aliases. And the way things are going, it’s only going to get worse.

Photographer: Jordan Speer

Photographer: Jordan Speer

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The next Jeff Bezos

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Thursday, August 5, 2021

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What's this craze about "Buy now pay later" companies?

Thursday, August 5, 2021

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Booster shot ban

Wednesday, August 4, 2021

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Wednesday, August 4, 2021

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Wednesday, August 4, 2021

​ ​ ​ Hi all, Julie here. Writing this in between a lot of meetings today. Thanks again to Public.com for having me on your live event to talk about BNPL! Was fun having a clubhouse-like product built

Go the extra distance with a coach

Wednesday, August 4, 2021

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Why is El Salvador embracing Bitcoin and why doesn’t IMF approve?

Wednesday, August 4, 2021

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SEC targets crypto

Tuesday, August 3, 2021

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Tuesday, August 3, 2021

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FTT+: Is BNPL A Feature? Standalone? Both?

Tuesday, August 3, 2021

​ ​ What's up everyone—happy Tuesday! No playlist today as I've just been listening to random Drake songs over the past week. I was trying to have a relatively chill Sunday when some huge news