Newsletter Dec 21, 2021

President Biden approaches the end of his first year in office with a pair of persisting problems -- the COVID pandemic and his legislative agenda.

3 things you must know
  • Ford gains ground on Tesla, surpasses it on the stock market

    Ford has surpassed modern EV maker Tesla on Wall Street. Ford's shares have gained 45.9% for the last three months of 2021 and 124.91% year to date, compared to 22.05% and 31.35% for Tesla. And it could beat Tesla on Main Street in the future due to its price advantage over the EV pioneer, a key factor for mass marketability.

    FIND OUT HOW FORD MANAGED TO CATCH UP WITH TESLA

Markets
DJIA 34,932.16 -1.23%
S&P 500 4,568.02 -1.14%
Nasdaq Composite 14,980.94 -1.24%
Japan: Nikkei 225 28,389.51 1.62%
UK: FTSE 100 7,198.03 -0.99%
Crude Oil Futures 68.66 -3.10%
Gold Futures 1,791.70 -0.16%
Yen 113.64 0.01%
Euro 1.13 0.01%
* As of market close

Omicron is a game-changer in COVID battle

It's hard to believe it was less than three weeks ago that the Omicron variant was discovered in the U.S. Now that the new strain is sweeping throughout the country, several COVID issues have been reframed, like the Biden administration's vaccine mandates, widespread lockdowns, and even the regulations regarding professional sports and entertainment.

GET THE LATEST PROGNOSIS ON OMICRON'S IMPACT ON THE U.S.



Musk says he is facing an $11 billion tax bill

Tesla CEO Elon Musk could be facing an historic tax bill estimated at more than $11 billion due to his massive stock selloff. After his infamous Twitter debates with liberal politicians demanding that he pay his fair share, the world's richest man is poised to pay about 4% of his net worth, estimated at $243 billion. So far, no one has started a GoFundMe page.

FIND OUT WHY MUSK'S EXPIRING STOCK OPTIONS ARE TO BLAME


Alec Baldwin, wife deny run-in with police

The fallout from the shooting death of a cinematographer on the set of the movie "Rust" has followed actor Alec Baldwin and his wife all the way across the country after they were spotted pulled over by the police in the Hamptons over the weekend. They deny any problems but speculation is flying after investigators requested to look at Baldwin's phone records.

FIND OUT WHAT HILARIA BALDWIN SAID ABOUT THE INCIDENT


Princess payday

Spider-Man made a close bid for box office records over the weekend. But in the name of fairness, what's the top-grossing Disney princess movie?

Monday's answer: Coca-Cola has long used Santa Claus in advertising, but the first beverage to do so was White Rock Mineral Water in 1915.

Fast Start fever

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