Evening Briefing

A Covid-19 vaccine candidate developed by the University of Oxford with AstraZeneca has produced a robust immune response in older adults.The World Health Organization said Europe might still be able to avert a return to full lockdowns even as a resurgent coronavirus rages across the continent. The record American virus spike that started with young people flouting safety precautions has now, as predicted, found those more likely to die. Here is the latest on the pandemic. —David E. Rovella

Here are today’s top stories

Voting advocates are telling Americans who still wish to vote by mail in the presidential election that it is probably too late. Cuts by the Trump administration have slowed first-class mail across the country, particularly in areas of battleground states that traditionally lean Democratic. The damage has not been rectified despite court orders and lawsuits alleging a White House strategy to disrupt and delegitimize the vote, Democrats contend. Voters are being told to avoid relying on the U.S. Postal Service altogether, and instead deliver their ballots in person at drop boxes.

The U.S.-China relationship seems to be getting worse by the day. But how bad will the fight over everything from trade to technology and Hong Kong get? And what does it mean for investors? Bloomberg put those questions to ten high profile money managers. This is what they said.

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Monday failed again to close the gap on a second coronavirus bailout package. While the two sides have repeatedly fallen short in recent weeks, today the markets expressed their deep displeasure. Oil tanked as well.

Demonstrators gather in front of the U.S. Supreme Court as Senate Republicans prepare to place Amy Coney Barrett on the bench, creating a 6-3 conservative majority that Democrats warn may end the Affordable Care Act and legal abortion.

Bankruptcy filings are surging due to coronavirus recession, and lenders are coming to the realization that their claims are almost completely worthless. Like two cents on the dollar-worthless.

A $50 billion bond market once heralded as the future of housing finance has been stuck in limbo since the start of the coronavirus crisis, and now proposed regulatory changes have left investors worrying they might be left holding the bag.

The moon may hold frozen water in more places and in larger quantities than previously suspected, which is good news for astronauts at future lunar bases who could use it for drinking and making rocket fuel.

What you’ll need to know tomorrow

Here are today’s top stories

What you’ll need to know tomorrow

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