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Bitcoin and ethereum tumbled into the red on Friday, with traders rattled by tough talk out of China.
China’s central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market.
The Fortune team did a deep dive on marketing in the age of COVID. Read More
Stocks are in jeopardy of closing out the week in negative territory as U.S. futures take a hit. Read More
It comes at a time when global stock markets are on high alert over Evergrande’s massive debt problems.
The Centers for Disease Control and Prevention on Friday endorsed the distribution of Pfizer and BioNTech’s Covid-19 booster shots to older Americans and other vulnerable people.
Chinese property developer Evergrande has not said whether it will fulfil its interest payments to investors on its U.S.-dollar bond.
It worked once before in the stock market. Read More
As investors reel from Beijing’s regulatory crackdown, the fallout in areas like tutoring can be a guide to what went wrong, and where future opportunities lie.
What motivation science has to say about goodbyes. Plus, GE’s $1.45 billion acquisition and monoclonal antibody bottleneck. Read More
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