Choosing danger

Huge swaths of the U.S. population, mainly those living in Republican-leaning areas, are turning down vaccines against Covid-19, helping to inflate the number of delta variant cases. The virus is killing hundreds of Americans daily, and it’s hard to keep tabs on where the hot spots are around the planet. The World Health Organization told South Africa to brace for a surge of infections after days of riots and looting; Singapore is racing to counter a growing cluster around night clubs, and Australia is paying the price for failing to heed early warnings.

What you’ll want to read this weekend

Pressure is mounting on companies to pass on extra costs to consumers. Lumber futures may have plunged, but it’ll take a while before that feeds through to the checkout counter. Inflation may—or may not—be transitory, depending on who’s talking.

International students are encountering a host of issues just to get to a U.S. campus, though the Biden administration is finally moving toward lifting a ban on travel from Europe. For Americans wanting a new passport, the backlog is up to 18 weeks. Then there’s travel between the U.S. and China, before and after.

The creator of Dogecoin showed up to remind the world that the cryptocurrency he created as a joke is largely a sham. Indeed, adding crypto to your retirement plan could prove disastrous, Alexis Leondis writes for Bloomberg Opinion.

Electronic trash is expected to double in the next 30 years, so making products that last longer can help in a big way. Forest wars are going to play a part in Europe’s big overhaul of its climate policy.

A French startup created a guilt-free version of foie gras, and it tastes delicious. If the grill is more your thing, here are five tips to turn up the heat.

Gourmet fried foie gras

Photographer: Cyril Marcilhacy/Bloomberg

What you’ll need to know next week

  • It’s Jeff Bezos’s turn to go to space, and he’s taking a young person.
  • Boris Johnson faces a backlash on his plans for “Freedom Day.”
  • Netflix’s results may indicate when it will make video games.
  • South Africa’s former president, Jacob Zuma, appears in court.
  • The Tokyo Olympics start a year late and beset by controversy.

What you’ll want to read in Businessweek

The Next Pandemic Could Be Averted With AI

Covid-19 has accelerated research efforts into stopping infectious diseases from jumping to humans, and on better vaccines to fight them. The urgency is mounting, but spending on pandemic prevention still needs to increase by about $15 billion a year. Here are five efforts under way to give governments, scientists and companies a head start before the next deadly pathogen emerges.

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Older messages

Burned out bankers

Friday, July 16, 2021

Bloomberg Hard-nosed Wall Street CEOs have been beating the drum of late about how burned out bankers need to stop whining and get back to their desks. Appeasing young stars with perks and flexible

Yellen says no

Friday, July 16, 2021

Bloomberg Bank of America shares tumbled the most in eight months as Wall Street learned of its struggle to build back lending income in the second quarter. While government aid programs helped big

Wall Street cash bonanza

Friday, July 16, 2021

Bloomberg Morgan Stanley cashed in on last quarter's hectic dealmaking, helping the firm post its second-most profitable quarter on record and weather a steep decline in trading. Investment banking

U.S. inflation just spiked

Tuesday, July 13, 2021

Bloomberg Prices paid by US consumers surged in June by the most since 2008, topping all forecasts and testing the Federal Reserve's commitment to monetary support for the economy. Excluding the

A bad sign

Monday, July 12, 2021

Bloomberg Social-distancing rules were tightened in Bangkok, Seoul and parts of Vietnam as the more easily transmitted delta variant of the coronavirus continues to spread. Tokyo entered its fourth

Longreads + Open Thread

Saturday, July 31, 2021

Precariat, Metaverse, Olympics, Patronage, Warp Speed, Strauss, Oil, Bonds ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Younger and sicker

Saturday, July 31, 2021

Bloomberg Follow Us Get the newsletter The great Return to Office is grinding to a halt. Much of America Inc. had planned to get back to normal come fall, but Covid-19's delta variant had other

Weekly Wrapup: Fox In The Henhouse

Saturday, July 31, 2021

Finshots Weekly Wrapup: Fox In The Henhouse In this week's wrapup we talk about the Chinese ed-tech industry, cigarettes, India's digital currency, chicken prices and Robinhood's much-

Desperate House Hunters Are Making Offers on Homes That Aren’t Even for Sale

Saturday, July 31, 2021

Dream house not for sale? Buyers are making offers anyway. July 30, 2021 MORTGAGES Desperate House Hunters Are Making Offers on Homes That Aren't Even for Sale Dream house not for sale? Buyers are

A lot more contagious

Friday, July 30, 2021

Bloomberg The news around the delta variant in the US keeps getting worse, threatening progress toward any return to some semblance of normalcy. New data released by the Centers for Disease Control and

Is It Time to Sell Your ‘Pandemic Stocks?’

Friday, July 30, 2021

A child tax credit deadline is approaching July 30, 2021 The pandemic forced some abrupt changes, and we're just now figuring out which of those to keep and which to discard. For example, how much

Blackstone's Moment

Friday, July 30, 2021

Plus: Archegos, US Payments, Monzo, Finally ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

FTT Update: This Newsletter Is Not Offsides

Friday, July 30, 2021

​ ​ Hi all, Julie here. Writing this at 6am since WE CLOSE ON OUR HOUSE TODAY! I have to say, the worst part of the mortgage process wasn't all the paperwork, it was getting all of our money into

You And Your Investment Research

Friday, July 30, 2021

Plus! A Successful IPO from Robinhood; Convergence; Underinvestment; Consumer-Friendly Defaults; The Amazon Rollup Boom ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

A look at Robinhood's IPO

Friday, July 30, 2021

Finshots A look at Robinhood's IPO Robinhood is going public after having raised some $2.1 billion on NASDAQ at a $32 billion valuation. So we thought maybe we could look at the company and see