Newsletter Sep 21, 2021

The youngest and oldest Americans got news on the vaccine front Monday as the US COVID death toll surpassed the Spanish Flu of 1918-19.

3 things you must know
  • America's youngest and oldest get news on vaccinations

    As the U.S. continues to battle the COVID-19 pandemic, the youngest and oldest Americans received news Monday that could go a long way towards winning the war. Children ages 5 to 11 and seniors ages 65 and older are next in line to receive protection.

    Pfizer announced that its vaccine is safe and effective for children ages 5 to 11, and kids could start receiving their first doses as early as Halloween pending FDA and CDC approval. Americans 65 and over are on the verge of receiving a third dose by month's end.

    Also receiving good news was international travelers to and from the U.S. as the Biden administration announced plans to ease travel restrictions to visitors from the U.K. and the nations in the E.U. The more relaxed policies are expected to go into effect in November.

    SEE WHAT THE US REQUIRES FOR INTERNATIONAL VISITORS

American power
  • US stocks suffer biggest losses in months amid ongoing crises

    U.S. stocks suffered their worst day in months as a mix of domestic and foreign policy issues forced a massive sell-off. The S&P fell 1.7% to 4,357.73, marking its biggest decline since May, and the Dow Jones fell 614.41 points to 33,970.47, marking a 1.8% drop, its largest dip since July 19. The Nasdaq also fell 2.2% to 14,713.90. 

    The fear factors forcing the freefall include concerns about the China property market, rising COVID cases at home and abroad, and an approaching deadline for Congress to raise the debt ceiling. And there could be more volatility in store when The Fed meets today to determine whether to end or extend its bond-buying stimulus plan.

    SEE WHICH STOCKS AND SECTORS TOOK THE BIGGEST HITS

  • Democrats announce proposal to raise the debt ceiling

    Just as many Americans are forced to wait till the end of the month to pay their bills, the U.S. government is in a similar budgetary spot. With the debt ceiling on the verge of maxing out, lawmakers are debating how to keep the government open beyond September.

    Democrats proposed a plan that would prevent the government from defaulting on its obligations, including monies already pledged to pandemic relief. The move would keep things operating until the end of 2022, after the upcoming midterm elections, in an effort to get Republicans onboard. If not, the U.S. will face some tough choices.

    FIND OUT THE DEMS' PLAN TO RAISE THE DEBT CEILING

Markets
DJIA 33,970.47 -1.78%
S&P 500 4,357.73 -1.70%
Nasdaq Composite 14,713.90 -2.19%
Japan: Nikkei 225 30,500.05 0.58%
UK: FTSE 100 6,903.91 -0.86%
Crude Oil Futures 70.64 0.50%
Gold Futures 1,765.80 0.11%
Yen 109.43 0.02%
Euro 1.17 -0.02%
* As of market close

This edition is brought to you by The Economist, covering the German elections 2021 with a dedicated hub, election prediction model and poll tracker for full analysis.
US COVID death toll surpasses Spanish Flu

They say records are meant to be broken, but the U.S. wishes this one would have remained intact: the number of Americans dying of COVID-19 has officially topped the 1918-19 Spanish Flu's death toll of 675,000.

According to data released Monday by Johns Hopkins University, the number of American deaths from COVID is 675,722. The combination of new variants and cooler weather will likely push the COVID pandemic well past the Spanish Flu on the lethal scale as some projections say the U.S, can expect as many as 100,000 more lost lives by the end of the year.

SEE THE COMPARISONS BETWEEN COVID AND THE SPANISH FLU



One-beer buzz? Sam Adams serving it up

If you've ever watched an episode of "Cops" (or worse, appeared on camera), you've seen an officer ask a suspect if he's had anything to drink and gotten the blanket reply "just one beer" despite being obviously drunk. Now there's a solid defense (at least against perjury) from Sam Adams.

The brewer revealed its plans to distribute its Utopias beer with 28% alcohol, which is about 8 times higher than most domestic beers. Utopias is also a lot more expensive at $240 a bottle, and finding one may require some travel expenses as the high-octane brews are outlawed in 15 states.

FIND OUT WHEN AND WHERE TO GET THIS TRULY WICKED BREW


Door Dash going the extra mile for alcohol

For the unlucky ones who can't get Sam Adams' Utopias in their home state, there is another alternative -- let Door Dash make an interstate beer run for you. Or better yet, just have your Door Dash delivery person run down to the corner package store to pick up a sixer of your favorite elixir.

Those are now options after Door Dash announced it is adding alcohol to its delivery menu. After the pandemic allowed the delivery outfit to try its hand at alcohol in a limited number of states, Door Dash is delivering beer, wine and liquor in 20 states, as well as Canada and Australia.

SEE IF DOOR DASH OFFERS ALCOHOL DELIVERY IN YOUR AREA


Strange brew

Samuel Adams sounds like it's been around since the founding fathers but it opened in 1984. Name the oldest U.S. brewery and the year it opened.

Monday’s answer: Julia Louis-Dreyfus has won a record 11 Emmys -- eight for acting on "Seinfeld" and "Veep" and three as executive producer.

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