Newsletter Feb 24, 2022

3 things you must know

Russian forces race into Ukraine after Putin orders attack
Russian forces fired missiles at several Ukrainian cities and landed troops on its south coast on Thursday after President Vladimir Putin authorized what he called a special military operation in the east. Shortly after Putin spoke in a televised address on Russian state TV, explosions could be heard in the pre-dawn quiet of the Ukrainian capital of Kyiv. Gunfire rattled near the capital's main airport, the Interfax news agency said.
FIND OUT HOW BIDEN REACTED TO NEWS OF INVASION

Mortgage applications plummet to a pre-pandemic low
Mortgage applications plunged last week to levels not seen since the pre-pandemic era, according to MBAâ€™s Mortgage Composite Index. Total applications fell 13.1% last week, the lowest since December 2019. The Refinance Index dwindled by 16%, reaching a point that was 56% lower than at the same time last year.
SEE THE IMPACT OF ANTICIPATED INTEREST RATE HIKES

US consumers lost nearly $6 billion to fraud scams in 2021
More than 2.8 million consumers fell victim to billions of dollars of fraud in 2021, according to recent data from the FTC.The agency reported that consumers lost more than $5.8 billion to imposter scams, online shopping scams, sweepstakes and other frauds -- an increase of 70% compared to $3.4 billion in 2020.
FIND OUT THE MOST COMMON SCAMS PEOPLE FALL FOR

Markets

DJIA	33,131.76	-1.38%
S&P 500	4,225.50	-1.84%
Nasdaq Composite	13,037.49	-2.57%
Japan: Nikkei 225	25,970.82	-1.81%
UK: FTSE 100	7,498.18	0.05%
Crude Oil Futures	96.53	4.81%
Gold Futures	1,941.40	1.62%
Yen	114.54	-0.41%
Euro	1.12	-0.52%
* As of market close

'The People's Convoy' rolling towards DC

Hundreds of truckers and supporters left California on Wednesday in a convoy headed across the U.S. towards Washington, D.C., to protest against pandemic restrictions. Inspired by the demonstrations that crippled Canadian cities for weeks, organizers of "The People's Convoy" want an end to mask mandates, vaccination requirements and business shutdowns that are intended to slow the march of Covid-19.

SEE HOW OFFICIALS ARE PREPARING FOR THE PROTESTS

New COVID vaccine offers 100% efficacy

A new vaccine developed by French drugmaker Sanofi and its British partner GlaxoSmithKline offers its recipients maximum protection against severe cases of COVID-19, the makers said Wednesday. In its Phase 3 clinical trial, the Sanofi-GSK vaccine was found to be 100% effective in preventing severe COVID infections and hospitalizations.

HOW EFFECTIVE IS IT AGAINST MODERATE TO SEVERE CASES?

Are 'Not Dogs' the next plant-based craze?

Kraft Heinz announced that it is partnering with food tech start-up TheNotCo to focus on plant-based innovation, including hot dogs and other Oscar Mayer products. Its new plant-based products will take on TheNotCo's â€œnotâ€ phrase and be titled â€œNot Hot Dogs," which doesn't narrow it down since we're not 100% sure what goes into a real wiener.

FIND OUT WHEN YOU WILL BE ABLE TO TRY A 'NOT HOT DOG'

Get 'em while they're hot!

Who opened the first hot dog cart in the U.S. and where was it located?

Wednesday's answer: Japanese tennis star Naomi Osaka was the world's highest-paid female athlete in 2021, netting a cool $57.3 million.

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