📉 Bitcoin plunged after El Salvador’s troubled rollout of the cryptocurrency as legal tender. https://bloom.bg/3l5RQWm

💸 BlackRock set up a $1 billion China mutual fund after billionaire investor George Soros called its push in the country a “tragic mistake.” https://bloom.bg/38TdU0A

🎤 Britney Spears’s father filed to end the court conservatorship that has controlled the singer’s life and money for 13 years. The judge overseeing the case still needs to approve the move. https://bloom.bg/3BPlkyv

🎮 GameStop lost 11% of its market value in late trading after reporting a worse-than-expected loss. Meme-stock fans were left hanging after its new CEO took no questions from analysts. https://bloom.bg/3jUJNw6

🇨🇳 George Soros called BlackRock’s China investment a “tragic mistake,” but other U.S. firms like Fidelity and JPMorgan show no signs of retreating either. https://bloom.bg/3njxUlA

🌳 Banks and borrowers are rushing to add sustainability targets to loans, yet the incentives are all but meaningless for many deals. https://bloom.bg/2X9XaAb

📞 Joe Biden calls Xi Jinping to tell him the U.S. is frustrated with what it regards as a lack of seriousness in Beijing's engagement with officials. https://bloom.bg/3lcqwFT

🇨🇳 🇦🇺 China is lobbying Australia for its support to join a multilateral regional trade pact, despite the fact their relationship is in tatters. https://bloom.bg/3jXDRTe

💇🏻‍♂️ Kim Jong Un appeared at a military parade showing off a thinner frame, a trace of a tan and a new haircut. https://bloom.bg/2YDzXql

💸 U.S. Democrats are set to propose raising corporate taxes to 26.5%, much less than what President Joe Biden wanted. https://bloom.bg/3C5iVzP

💉 Covid will end once everyone is vaccinated, infected or both, experts say. Here’s what the next six months will bring. https://bloom.bg/3k7hbji

🦁💍 Britney Spears announced her engagement days after her father filed to end her conservatorship. She showed off a diamond ring engraved with the word “lioness” on Instagram. https://bloom.bg/3A9gbki

📵 Breaking: Google is fined $177 million by South Korea for squeezing out rivals that might compete with Android. https://bloom.bg/391XNhu

💉 Covid shots work so well that most people don’t need a booster yet, scientists say. https://bloom.bg/396Qt44

💰 The vaccine industry exploded during the pandemic. From companies to ETFs, here’s how you can invest. https://bloom.bg/3loTjHl

🇨🇳 Breaking: China’s economy weakened further in August after a fresh Covid outbreak curbed consumer spending. https://bloom.bg/3nzCKvm

📱 Apple unveiled a new line of iPhones with faster chips, upgraded camera systems and longer battery life. https://bloom.bg/3zbxGPQ

🇦🇺 Border blockades have sparked Australia’s biggest federal crisis in 120 years, with states pitted against one another due to differing Covid strategies. https://bloom.bg/2VJZMUI

🚀 SpaceX launched four civilians on a three-day orbital excursion that many see as a harbinger of a new era in human spaceflight. https://bloom.bg/2XoQNJw

🏦 The biggest set of U.S. tax increases in a generation were approved by a House committee to help pay for President Joe Biden’s economic agenda. But challenges remain in the Senate. https://bloom.bg/3tRJfKX

💸 Peter Thiel gamed Silicon Valley, Donald Trump and democracy to make billions tax-free. Read our exclusive excerpt from the new biography “The Contrarian.” https://bloom.bg/3nDdpRg

💼 The World Bank is abandoning its Doing Business report over ethical concerns. It has accused former CEO Kristalina Georgieva, who is now Chair of the IMF, of applying pressure to boost China’s position in the ranking. https://bloom.bg/3Cn6zU6

💵 Victims of Bernard Madoff's Ponzi scheme are about to get the first payouts since he died in jail, with a fund preparing to send out $568 million in checks. https://bloom.bg/3lA4qNM

⏬ And Chinese e-commerce tycoon Colin Huang has lost more wealth than anyone in the world, over $27 billion, after Beijing cracked down on internet giants. https://bloom.bg/2YZRc5n

Hello 👋 here are some of our top stories today:

🏘 The global housing market is broken — and is dividing entire countries. https://bloom.bg/3EvgAAi

💸The 25 wealthiest families on the planet added $312 billion to their collective fortunes, a 22% gain since last August. https://bloom.bg/3zoxmgL

🦇 Bats in Laos were found to carry coronaviruses that share a key feature with the pathogen that causes Covid-19, moving scientists closer to finding what causes the virus. https://bloom.bg/3zkfy6h

🇨🇦 Breaking: Justin Trudeau is poised to win a third term as Canada’s prime minister, staving off a stiff challenge from his Conservative rival. https://bloom.bg/3lN1iOT

🥊 A global stocks rout hit the world’s biggest fortunes. The richest 500 people lost a combined $135 billion on Monday. https://bloom.bg/3AnEFqh

🚨A selloff continues in Asia as investors worry about the debt crisis engulfing Chinese property developer Evergrande, among other risks. Here's how markets are moving: https://bloom.bg/3zneej3

Hello, here’s what we’re following:

🏦 A first-year analyst at Goldman, whose father is vice chairman of a major client, ignited a junior banker uprising earlier this year. He played a key role in assembling the unauthorized slide deck that laid out trainees’ frustrations and then went viral. https://bloom.bg/2ZkAX37

🇭🇰 Hong Kong has quietly widened the national security law with a small shift in language. Films, charities and other organizations are now at risk for anything “contrary to” the city’s security interests. https://bloom.bg/3kugLE5

💬 Why is everyone talking about Evergrande? It’s China’s biggest financial worry right now and is quickly becoming a problem elsewhere. Here’s what you need to know. https://bloom.bg/2W1dX81

💉 People over 65 and high-risk adults can receive a Pfizer booster in the U.S., the FDA said. Scientists have been divided over the need for a third vaccine dose. https://bloom.bg/3u1Ia3o

🔙 The U.S. Federal Reserve signaled it may start withdrawing emergency pandemic support for the economy and revealed a growing inclination to raise interest rates in 2022. https://bloom.bg/3ABmKwj

💰 And Apple store employees will get bonuses of up to $1,000 next month, a rare move following the company's rocky efforts to get retail operations back on track. https://bloom.bg/3o3mSkP

🍸 China sentenced the former chairman of liquor giant Moutai to life in prison for taking $17.5 million in bribes. https://bloom.bg/3EPXTHB

📉 Female MBA grads in the U.S. earn $11,000 less than their male peers, a study found. The gap widens to more than $60,000 a decade out from graduation. https://bloom.bg/3zxKRdX

💱 And here’s what China’s Evergrande crisis could mean for your money: https://bloom.bg/3CJPsfo

➕ Exclusively for Bloomberg.com subscribers: Sign up for our new Deals newsletter to get the latest news and analysis on everything from startup investing to the growing world of SPACs. https://bloom.bg/3kzYncJ

🚫China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending the strongest signal yet on its determination to crack down on the industry. https://bloom.bg/2XZjNrj

🇨🇳The nation’s economic planning agency said it is an urgent task for China to root out crypto mining and the crackdown is important to meet carbon goals. The announcement sent Bitcoin, Ether and other digital tokens tumbling. https://bloom.bg/3kzDeQa

📉Meanwhile, cryptocurrency stocks also declined. Argo Blockchain slumped 10% in London, while Bitcoin miner Northern Data lost 2% in Frankfurt. https://bloom.bg/39xilif

🇩🇪 Germany’s elections failed to produce a clear winner. The two major parties, Finance Minister Olaf Scholz’s Social Democrats and the conservative bloc under Armin Laschet, are both plotting their next moves to secure the chancellery. Follow the latest: https://bloom.bg/3lZ4Q0p

🔌 China’s next economic shock — a power crunch — may be just around the corner. https://bloom.bg/3lVNZf0

💵 Looking to invest in Asia? Ideas from our expert panel vary widely, from companies that make EV parts to those that deliver soy milk to the booming middle classes. https://bloom.bg/39BZEdg

⛽ Europe’s energy crisis is coming for the rest of the planet. https://bloom.bg/3id4QsF

🇩🇪 Germany’s Olaf Scholz urges the Greens and Free Democrats to join him in government as soon as possible. https://bloom.bg/3oczdU2

🇺🇸 A U.S. child-care crunch could leave some mothers behind as they look to rejoin the labor force. https://bloom.bg/3m2q1ib

😷 The U.S. raised Covid risk levels to “moderate” in Hong Kong — which has posted zero local infections since August — and “high” in Singapore. https://bloom.bg/3CXiUP7

🔌 Supply chains have been snarled by soaring costs for raw materials, long port delays and shortages of shipping containers. Now add China’s energy crisis to the mix ahead of the holiday season. https://bloom.bg/3m6riol

👩‍💻 Harvard Business School moved all first-year and some second-year MBA students to remote learning after a “steady rise” in breakthrough Covid infections. https://bloom.bg/3uixcGO

💡 🌍 Europe’s energy supply shortages will likely get worse just as the winter season starts. https://bloom.bg/3uiY4GE

☕ 🇧🇷 The country that makes breakfast for the world has been scorched, frozen and then dried out by the worst drought in a century. It’s an ominous warning of what’s to come. https://bloom.bg/3kOvqtT

💷 Female investment bankers in the U.K. make just 56% of the money their male colleagues do. https://bloom.bg/3D8or5x

Hello 👋 Here’s what we’re following right now:

📊 The world’s wealthiest family is revealing $5 billion worth of its stock picks. The Waltons kept their investments quiet for years, but that’s proving increasingly harder to do. https://bloom.bg/3ETu6xM

⛏ China is running out of coal, which means higher prices for the rest of the world. https://bloom.bg/39JgXsQ

🇮🇪 And Ireland is now the best place to be during the pandemic, while Southeast Asian nations remain the worst. See how your country fared in our Covid resilience ranking: https://bloom.bg/3ukbO3X

🗠 Insider trading is everywhere. So far, no one seems to care. https://bloom.bg/3ihatGo

⛽ The U.K. will deploy the government’s reserve tanker fleet on Wednesday to help ease its fuel crisis. https://bloom.bg/3zRdNxT 🇬🇧

🇨🇳 China’s hidden local government debt has surged to more than half the size of its economy, Goldman Sachs says. https://bloom.bg/3kQD5YJ