Bloomberg - Evening Briefing - More likely to die

In one of the most highly anticipated rulings on big tech regulation, Apple was ordered by a federal judge to allow app developers to steer consumers to alternative payment methods. The ruling for plaintiff Epic Games may shrink a key revenue stream for the world’s most valuable company, which faces a range of antitrust suits. Analysts estimate Apple’s App Store takes in more than $20 billion a year with a profit margin above 75%. Apple is expected to appeal, setting the stage for another year of litigation that may eventually land in the U.S. Supreme Court. While its shares tanked 3.5%, Apple actually hailed the decision as a victoryMargaret Sutherlin

Bloomberg is tracking the coronavirus pandemic and the progress of global vaccination efforts.

Here are today’s top stories 

A new U.S. government study found unvaccinated people are 11 times more likely to die of Covid-19 as the delta variant continues to kill thousands of them daily while also triggering so-called breakthrough cases among the vaccinated. Vaccines for younger children will be reviewed as quickly as possible, U.S. regulators said, as infections among them rise.  In the U.K., preparations are starting for a program of “mix and match” coronavirus vaccines as booster shots. Here’s the latest on the pandemic.

Vehicles wait in line at a drive-thru Covid-19 testing site in Covington, Kentucky, as cases in the state surge. Photographer: Jeffrey Dean/Bloomberg

America has halted all U.S.-bound flights of Afghan evacuees from two main bases overseas for health safety concerns. Officials warn it will have a significant impact on continuing evacuation operations.

Federal Reserve critics seized on revelations about two of its senior officials to renew calls for a major overhaul. Disclosures of trading by regional presidents in Dallas and Boston come as the Fed is already under fire from some quarters for policy actions that have disproportionately benefited the rich. 

President Joe Biden is fighting his own trade war with China. The White House is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing. The news comes after a phone call Thursday between Biden and China President Xi Jinping after months increasingly frosty relations between the two nations. 

​​California enters next week’s historic recall election besieged by crises: massive wildfires, a drought forcing water rationing and Covid-19 cases filling hospitals. This catastrophic trifecta may actually help Governor Gavin Newsom keep his job.

Gavin Newsom  Photographer: Justin Sullivan/Getty Images North America

Markets fell Friday as traders weighed tensions with China and rising production costs as supply chain crunches continue. Here’s your markets wrap.

Nonprofits that aid women seeking abortions in Republican-run U.S. states plan to steer more funds to sending women elsewhere, but the list of destinations—and the money—is shrinking.  

 What you’ll need to know tomorrow 

9-11 Kids Who Followed Parents to Wall Street

Close to 3,000 U.S. children lost a parent in the terrorist attacks on 9-11. Two decades later, they are grown up and chasing their own dreams. Some followed in the footsteps of the ones they lost, going all the way to Wall Street. These are the stories of the 9-11 Generation.

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A longer pandemic

Thursday, September 9, 2021

Bloomberg The proliferation of Covid-19 variants in Africa could lead to vaccine-evading mutations that may derail global attempts to end the pandemic, a group of African and international

Crypto lightning strikes

Wednesday, September 8, 2021

Bloomberg There's been some rumbling on the horizon for the wild west that is the cryptocurrency space. This week, that thunder turned to lightning as US Securities and Exchange Commission Chair

Ford bites into Apple

Tuesday, September 7, 2021

Bloomberg It was a rocky start for El Salvador's experiment of using Bitcoin as legal tender. Its price plummeted on Tuesday by as much as 17% as the rollout was hampered by technical glitches.

Abortion law blowback

Saturday, September 4, 2021

Bloomberg Follow Us Get the newsletter Texas is now home to the strictest abortion law in the US, triggering a warning from women's-rights advocates that it signals the potential end of the

The SEC is coming

Friday, September 3, 2021

Bloomberg US hiring dropped abruptly in August with the smallest jobs gain in seven months, complicating any decision by the Fed to begin scaling back monetary support by the end of the year. Trailing

Get ready to pay more

Friday, October 22, 2021

View in browser Bloomberg US Federal Reserve Chair Jerome Powell reiterated on Friday that “it's time to taper,” shorthand for the slow removal of financial supports that held up a once pandemic-

FTT Update: Hailey Bieber Just Invested In Fintech

Friday, October 22, 2021

​ ​ Hi all, Julie here. Excited to hang out with some fintech folks in Austin tonight at Point72 Ventures' happy hour! Jordan is stoked to meet more of you at Money2020 in a few days too. I'm

The Value of Experts

Friday, October 22, 2021

Inside GLG, the World's First "Expert Network" ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Inside the investment craze changing the face of Las Vegas

Friday, October 22, 2021

Big real estate investors known as REITs have been... View in browser INSIDER INSIDER Subscribe Insider Exclusive FINANCE Inside the investment craze changing the face of Las Vegas Big real estate

Asset manager Valkyrie's bitcoin futures ETF will start trading on Friday, reports say

Friday, October 22, 2021

The company's bitcoin futures ETF will start trading in the US on Friday, October 22, rivalling ProShares' own launch earlier this week, reports said. View in browser Business Insider Business

Blimps, Bots, and the Future of Cargo

Friday, October 22, 2021

Plus! Bitcoin's Long March: Pensions; Last Mile; Google's Laffer-Style Tax Cut; Sales ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Fintech News Issue #334

Friday, October 22, 2021

The Other Side of Pandemic See Online Issue #334 2021-10-21 COVID-19 reshaped our financial world. From the way we transact, to our digital knowledge, now it seems like if we can't use cash as we

The Daily StockTips Newsletter 10.22.2021

Friday, October 22, 2021

I've Screened the Market for what I Consider the Best, Safest, & Most RELIABLE Profit Opportunities! (Paid Subscriber Service) ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Blackstone scouts hot tech deals — Deutsche's new office — Las Vegas dealmakers

Friday, October 22, 2021

View in browser Insider Finance Insider Finance Subscribe Hi, and welcome to Insider Finance. This is finance editor Dan DeFrancesco. In case you missed it, the Insider Finance newsletter is going on

[New post] From Pillar 2 to post: is it time for a change in concentration risk methodology?

Friday, October 22, 2021

BankUnderground posted: " Chris Leaney The Herfindahl-Hirschman Index (HHI) is a measure of diversification, commonly used as an indicator to calculate banks' credit concentration risk capital