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Daily Scoop 22-1-3

Daily Scoop 22-1-3

👋 Your Monday Scoops - Airlines 3x pay & battle the 5G rollout

January 03, 2022

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Today's Scoop:Resolute

Big Picture

Markets started the year on a positive note.
Americans took out the most mortgages ever last year.
The US manufacturing sector's still dealing with supply issues.

The Market

⬆️

+0.6%

S&P 500: 4,796.56

1Mo:

+4%

| 1Yr:

+30%

| 5Yr:

+111%

Markets kicked off the year with a

new record high

. Investors are optimistic for a shorter impact from the omicron wave. The Mortgage Bankers Association (MBA) reported mortgage lenders issued $1.6 trillion in mortgages last year,

the most mortgages ever,

as millennials started buying homes amidst low rates.

US manufacturers are still dealing with supply shortages

though, with the IHS Markit PMI coming in lower in December.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

United Airlines

is tripling pilot pay in desperation

AT&T & Verizon

refuse to delay 5G over flight risks

Twitter

banned another politician

Tesla

crushed sales expectations

Airbnb's

trying to stop discrimination

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Not every company tracks its sales figures in the same way. Tesla reports "deliveries" as the closest approximation of sales, based on the way they sell its vehicles. Some companies will report revenue at the point of sale, while some might book it later on.