Bloomberg - Evening Briefing - Going backwards

It was a wrenching first hearing before the special Congressional panel investigating the deadly Jan. 6 insurrection. On that day almost seven months ago, when Congress was formalizing the election of Joe Biden as president, followers of Donald Trump assaulted scores of police officers, ransacked the U.S. Capitol and hunted members of Congress who had sought shelter. On Tuesday, four officers testified about being overrun by crowds that included white supremacists, so-called militia groups and neo-Nazis who hoped to disrupt the transfer of power. One officer recounted: “This is how I’m going to die.” Another officer, who suffered a heart attack after being repeatedly electrocuted with a taser, slammed Republicans who have been seeking to defend the attackers, calling them “disgraceful.” Though the committee has two Republican members, Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy torpedoed a fully bipartisan, 9/11 style commission. Margaret Sutherlin

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic worldwide

Here are today’s top stories  

U.S. health regulators told Americans to put their masks back on as the delta variant continues to rage. New guidance from the Centers for Disease Control and Prevention advised that fully vaccinated individuals should wear masks in public indoor settings in areas where the virus is spreading rapidly. They also recommended masks in K-12 schools, while Biden said he’s weighing a vaccine mandate for federal workers. It’s a reminder that variants developing among the unvaccinated—both those without access to shots and those who choose not to be inoculated—are endangering the progress that’s been made, and threatening to send the world hurtling backwards. Here’s the latest on the pandemic

A rout by major tech companies ended a five-day market winning streak on Tuesday. The tech-heavy Nasdaq 100 posted its biggest drop in more than two months. All three of the major U.S. equity indexes fell from their latest all-time highs. Megacap tech stocks like Apple and Microsoft slid ahead of earnings. Here’s your markets wrap.

Beijing’s sweeping crackdown on its technology and education sectors continues to send out shockwaves with the yuan and bonds slumping, a sign some fear may extend to other sectors. The selloff has made some investments cheap, but not everyone thinks this is the time to rush in.  

In a major surprise at the Tokyo Olympics, U.S. gymnast Simone Biles withdrew from the team competition citing her mental health. Biles, considered by many the greatest in the world at her sport, said she would make a decision about solo events later this week. The U.S. team lost out on the gold medal

U.S. gymnast Simone Biles competed on the vault before withdrawing from the team competition event.  Photographer: Jamie Squire/Getty Images AsiaPac

The White man accused of killing eight people at Atlanta-area massage businesses, most of them women of women of Asian descent, pleaded guilty to murder in four of the killings. He still faces the death penalty in the four other homicides.

A team of watchdogs led by Treasury Secretary Janet Yellen are taking interest in Tether and Facebook-backed Diem, and the financial risks posed by stablecoins, a fast-growing corner of the cryptocurrency industry.

Tunisia’s president Kais Saied pushed back against global protest that he just staged a coup. His decision to dissolve parliament and fire the prime minister have shaken the only democracy to emerge from the 2011 Arab Spring uprisings. 

Tunisian security forces push back protesters outside the parliament building in the capital Tunis after President Kais Saied suspended the body and fired the prime minister. Photographer: Fethi Belaid/AFP  

What you’ll need to know tomorrow 

No Crabs. No Scallops. No Seafood on the Menu

At the Clam in New York, there are no scallops on the menu. Over in Napa Valley, the executive chef  at PRESS, took them off, too. And in Atlanta, at tapas spot the Iberian Pig, the chef didn’t stop at scallops. The Alaskan halibut and blue crab are gone, too. For restaurants across the U.S., the re-opening from lockdown has been anything but easy. They’ve struggled to hire back enough staff and have been rocked by cost increases and shortages. Seafood is just the latest in the inflation story.

Workers prepare to offload Dungeness crab from a boat on Pier 45 in the Fisherman’s Wharf district in San Francisco. Photographer: David Paul Morris/Bloomberg

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.

Get the latest on what’s moving markets in Asia. Sign up to get the rundown of the five things people in markets are talking about each morning, Hong Kong time

Older messages

China wipeout

Monday, July 26, 2021

Bloomberg Beijing's intensifying crackdown on its own technology sector is being felt across global markets, erasing $769 billion in value from US-listed Chinese stocks in just five months. On

Near the tipping point

Saturday, July 24, 2021

Bloomberg Follow Us Get the newsletter The world can be a dangerous place. Natural forms of destruction have blighted the Earth since the dawn of time. But thanks to human intervention, the planet may

Dangerous games

Friday, July 23, 2021

Bloomberg After a yearlong delay due to Covid-19, and some scandals and high profile resignations, the 2020 Tokyo Olympics are finally underway. The Games, the first ever without spectators, promise to

Serious penalties

Thursday, July 22, 2021

Bloomberg Chinese regulators are considering serious penalties for Didi Global after its controversial initial public offering last month. Regulators see the ride-hailing giant's decision to go

Unprepared for new variants

Wednesday, July 21, 2021

Bloomberg The US has been a pioneer in creating methods to follow diseases as they spread and mutate. The country just isn't a leader when it comes to using those tools. Scientists sequencing Covid

Adelman's VC-style bets — Lazard pay raises — Brilliant Earth's growth plans

Monday, September 27, 2021

View in browser Insider Finance Insider Finance Subscribe Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for

Are we running out of power?

Monday, September 27, 2021

Finshots Are we running out of power? In today's Finshots we talk about the power crisis brewing in this country Policy The Story There's a power crisis brewing in this country. Several coal-

📅 We’ll See You There: This Week's Events!

Monday, September 27, 2021

Including: getting back to the financial basics. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

😱 China. Bans. Crypto.

Sunday, September 26, 2021

No one puts bitcoin in a corner | Nike fails to do "it" | Finimize Hi Reader, here's what you need to know for September 27th in 3:09 minutes. 💸 The world's biggest companies are

The Ellevest Debit Card 🤝 Your Budget

Sunday, September 26, 2021

The debit card that makes room for fun. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🚀 How to get a startup internship

Sunday, September 26, 2021

A cold email template + tips! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Longreads + Open Thread

Saturday, September 25, 2021

Protein & Wheat Diplomacy, Org Charts, Death, Algorithms, Machiavelli, Strauss ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Bullish sentiment toward crypto assets increases with 8 of 10 people seeing bitcoin bounce above $56,000 by year's end, says Voyager Digital

Saturday, September 25, 2021

Cryptocurrency-asset broker Voyager said 85% of respondents to its sentiment survey believe bitcoin is now in a bull market. View in browser Business Insider Business Insider Business Insider Subscribe

China’s big dilemma

Saturday, September 25, 2021

Bloomberg Follow Us Get the newsletter Everyone's freaked out about China's latest crackdown on crypto and the future of Evergrande Group, the beleaguered Chinese property developer trying to

Weekly Wrapup: There is no such thing as a Free Lunch

Saturday, September 25, 2021

Finshots Weekly Wrapup: There is no such thing as a Free Lunch In this week's wrapup, we talk about the Modern Monetary Theory, Evergrande Crisis, Urban Planning, the Zee-Sony merger, and lastly