Here are the headlines you Need2Know for Monday, December 21, 2020:

WE HAVE A DEAL

Congressional leaders announced late Sunday that they have reached a deal on a new economic stimulus package that will deliver $900 billion in aid to unemployed Americans, struggling businesses, schools, hospitals and vaccine distribution. The bill includes a $300 boost to weekly unemployment benefits through mid-March and a one-time $600 check for adults and children. Small businesses will have access to a new pot of $300 billion. The particulars are still being finalized, and both the House and Senate could pass the bill into law as soon as today. POLITICO

COVID-19: LONDON LOCKED DOWN

Several countries are banning flights from the UK after a mutated version of COVID-19 was discovered to be rapidly moving through the population there. Officials say this new variant of the virus is up to 70 percent more transmissible, but they’re also urging calm and noting that mutations were always to be expected. Prime Minister Boris Johnson reversed course over the weekend and issued a full-scale lockdown of London and southeast England over Christmas. Videos on social media showed huge crowds of people at London train stations attempting to leave the city. Experts say it would take years for the virus to mutate enough to render the current vaccines impotent. NY TIMES

VACCINE ROLLOUT

VIPs: Members of Congress have started receiving their first vaccine doses, with many posting pictures of their rolled-up sleeves on social media to inspire trust in the public. President-elect Biden is set to get vaccinated today on TV. Some wealthy Americans have reportedly been looking for ways to skip the line, from hiring “concierge doctors” to offering donations to hospitals. LA TIMES

THE REST OF US: CVS and Walgreens will kick off a mass vaccination effort at nursing homes today. The CDC is recommending that people 75 and older and non-healthcare frontline workers should be next in line after this phase. Moderna’s vaccine was given emergency approval and the first doses were delivered over the weekend. STAT

MARTIAL LAW FLOATED AT WHITE HOUSE

Some White House staffers have reportedly become so alarmed by President Trump’s refusal to accept the election results that they’ve started anonymously leaking details of private Oval Office meetings to the press. That’s nothing new, but according to several reports, one of those recent meetings involved the president hearing arguments for invoking martial law and impounding voting machines as a way to stay in office. AXIOS

RUSSIAN HACK

Sec. of State Mike Pompeo became the first member of the administration to acknowledge the sprawling cyberhack of government computers, saying it was likely the work of Moscow. He was immediately contradicted by President Trump, who tweeted that it could have been China or part of a conspiracy to throw the election but also was being overblown. Here’s a deep dive into what we know and what we still don’t: WIRED

TESLA JOINS BIG LEAGUES

As of today, you may own a piece of Tesla and not even know it. Elon Musk’s electric-car company is joining the S&P 500 -- the most widely tracked stock index -- as of this morning. Tesla will become by far the biggest stock to ever get added to the S&P, which is tracked by many mutual and index funds that make up retirement portfolios. CNBC

FOOTBALL

JETS WIN: The New York Jets won their first game of the season, and Jets fans are furious. The Jets beat the 9-5 Rams in one of the bigger upsets of 2020, giving the team its first victory this calendar year. But in the process, the Jets may have just given up the first pick in the draft to the Jacksonville Jaguars. FTW

CFP: Alabama, Clemson, Ohio State and Notre Dame are the four teams selected to play in this year’s College Football Playoff. Notre Dame will take on No. 1 Alabama despite getting blown out by Clemson this weekend, and Ohio State will play Clemson despite only having played five games all season. The Rose Bowl is being moved to Texas because of COVID restrictions in California. ESPN

SNL'S NEW BIDEN

Hours after Jim Carrey said he would be retiring his Joe Biden impression on SNL, the show debuted the latest person to play the president-elect. Castmember Alex Moffat debuted his Biden take in the last cold open of the year: WATCH

WEDDING BELLS...

...for Ariana Grande. The singer announced that she is engaged to her real-estate agent boyfriend, Dalton Gomez. Grande was previously engaged to Pete Davidson: SEE THE RING

LEFTOVERS: CHRISTMAS STAR

Jupiter and Saturn will be closer in the sky tonight than at any point in the last 400 years. The spectacle will be visible to the naked eye from virtually anywhere in the world, provided it isn't cloudy. The best bet is to find an unobstructed view to the southwest just after sunset. The “planetary conjunction” is being called a Christmas Star this year because it’s happening so close to the holiday: VIEWING INSTRUCTIONS

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Outlines Raises $1 Million in Pre-Seed Funding & Unveils Flagship Product, The Shower Liner System
Home essentials maker Outlines announced its launch at the beginning of 2022, along with $1 million in pre-seed funding led by Social Impact Capital. Outlines says it is re-imagining how we keep our homes clean while also reducing plastic waste. The company's debut product, the Shower Liner System, is made of long-lasting materials, including easy-to-recycle plastic. Outlines co-founder and CEO Luke Young and co-founder and COO Megan Ceryanec joined Cheddar News' Closing Bell to discuss.
NCAA Updates Policy For Transgender Student Athletes
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
Will Forte to Host SNL With Musical Guest Måneskin
"Saturday Night Live" alum Will Forte is hosting the late-night comedy show this weekend alongside musical guest, Måneskin. Forte, who spent a decade working on the iconic NBC show, is currently starring in "MacGruber," the SNL-sketch-turned-movie that is now streaming on Peacock as a tv series.
TikTok to Test Paid Subscription Model on Its Platform
TikTok recently announced that it is testing a paid subscription model. The news comes days after Instagram publicized a similar service. TikTok has made $2.3 billion from in-app purchases, but mostly through tips, in 2021, showing that its users may be open to spending money on the platform.
Boise City Sees Fastest U.S. Job Opening Growth According To Indeed
If you are looking for a new job, you might want to start looking in a different city. A new report from indeed reveals how certain metro areas are seeing faster growth in job openings than others. Economist at Indeed Hiring Lab AnnElizabeth Konkel, joined Cheddar to discuss more.
Why Netflix Stock Is Taking a Beating Despite Q4 Earnings Beat
Netflix beat its earnings projections for Q4 — but the stock still plummeted as the streaming pioneer cut back on its forecast for future subscribers. Michael Robinson, the chief technology strategist at Money Map Press, joined Cheddar to discuss the report and what's driving the downward pressure on its shares. "It's the growth is really what's worrying people," he said. "'A' we have slowing economic growth, and 'B' we've got slowing growth for this company, as 'C' we have an increase in competition."
Load More