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Egg Prices, Eagles Soar, and the Kids' New Slang

The effect of the ongoing bird flu drives egg prices to record highs. This and more in today's digest.

 

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Good morning. It's Monday, Feb. 10, and we're covering the bird flu's impact on egg prices, a title for the city of brotherly love, and much more. First time reading? Join over 4 million intellectually curious readers. Sign up here.

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Need To Know
 

Eggflation Escalates

The cost of eggs continues to hit record highs in the US, with data from the USDA showing wholesale prices above $7.30 for a dozen large white eggs (see data here; click on "Egg Markets Overview"). The figure is up from around $5 at the beginning of the year and almost three times as much year over year. 

 

Primarily driven by the ongoing bird flu outbreak—close to 70 million chickens have been culled since early 2024—the spiraling costs have caused many vendors to enact temporary policies to account for cost. Waffle House added a 50-cent-per-egg surcharge last week, and Trader Joe's announced a one-dozen-per-customer limit nationwide Friday. 

 

Last week, a variant of the H5N1 influenza virus that had been identified in human cases was found circulating in dairy cow herds. To date, health officials say the risk to the public is low, and human-to-human transmission is rare. The US has recorded 67 confirmed cases and one death from the current outbreak.

 

Learn more about zoonotic (animal-to-human) diseases here.

 

Fly, Eagles Fly

The Philadelphia Eagles won Super Bowl LIX last night, beating the Kansas City Chiefs 40-22 in a dominating defensive showing. The victory marks the second Super Bowl title in franchise history and avenges a 2022 championship loss to the Chiefs while ending Kansas City's bid to become the first team in NFL history to win three straight Super Bowls. 

 

The Eagles swarmed Kansas City quarterback Patrick Mahomes all night, forcing four turnovers, including an interception return for a touchdown by defensive back Cooper DeJean. Mahomes was sacked six times, and the offense managed a meager 23 yards and a single first down in the first half. Kansas City didn't score until 34 seconds left in the third quarter, down 34-0.   

 

Philadelphia quarterback Jalen Hurts was named Super Bowl MVP, throwing for 221 yards and two touchdowns while adding 72 yards and another score on the ground. See celebration photos here

 

Skipped the on-the-field action? Watch the best (and worst) commercials.

 

Gaza Corridor Cleared

Israeli troops yesterday withdrew from a four-mile strip—the Netzarim Corridor—that divides northern and southern Gaza as part of a ceasefire agreement with Hamas. Israeli forces are now limited to a southern area near Egypt's border and a buffer zone along the Israeli border to the north and east.

 

The ceasefire began Jan. 19 and is in its first 42-day phase. Hamas has been gradually releasing hostages in exchange for Palestinians held in Israeli prisons. So far, 16 hostages have been freed, including three over the weekend, in exchange for 566 Palestinian prisoners. Negotiations for the second phase are underway in Qatar to extend the truce and secure the release of more hostages. However, challenges remain over differing demands for a long-term agreement.

 

Separately, neighboring Lebanon formed its first full government in over two years, marking a shift away from Hezbollah's influence and aiming to address the country's economic crisis and rebuild war-torn areas. 

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In The Know
 

Sports, Entertainment, & Culture

> Sean Baker's "Anora" wins top prize at both Producers and Directors Guild of America awards (More) | See complete list of PGA award winners (More) | ... and DGA award winners (More)

> Tony Roberts, stage and film actor best known for starring in "Annie Hall," dies at age 85 (More) | Irish boxer John Cooney dies at age 28 one week after suffering brain injury during boxing title fight (More) | Dick Jauron, former head coach of the Buffalo Bills and Chicago Bears, dies at age 74 (More)

> A Stradivarius violin from 1714 hauls in $11.25M at auction, becoming the third most expensive musical instrument sold at auction (More

 

Science & Technology

> National Institutes of Health to cap indirect costs—funding that goes to administrative costs and other overhead—on new grants at 15%; current average is close to 30% and varies by university, $9B of $35B in funding last year went to overhead (More

> Mantis shrimp possess a "phononic shield" that dissipates shock waves and allows them to survive their own ability to deliver the world's fastest punch; discovery may lead to new protective materials (More

> Scientists use curcumin, the key molecule in turmeric, to create a light-activated method to kill antibiotic-resistant bacteria (More) | What are superbugs, one of the biggest global health challenges? (1440 Topics)

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Business & Markets

> US stock markets close down Friday (S&P 500 -1.0%, Dow -1.0%, Nasdaq -1.4%) on renewed inflation and tariff fears (More) | The history of US stock markets and how they work (1440 Topics)

> Trump administration delays tariffs on small package Chinese imports valued under $800, suggesting Commerce Department lacked system to collect fees (More)

> Meta expected to begin planned layoffs today, targeting low performing employees; CEO Mark Zuckerberg said in January the company would target a 5% reduction in force (More)

1440 Business & Finance: In honor of Valentine's Day, this week's newsletter takes a deep dive into everything from the history of fancy weddings to the rise of the diamond market. Sign up here to get it in your inbox! 

 

Politics & World Affairs

> US courts temporarily limit Elon Musk-led DOGE's access to Treasury data with sensitive information, pause USAID furlough (More) | President Donald Trump revokes former President Joe Biden's security clearance, citing similar move by Biden against him in 2021 (More) | ... and says he'll name himself chair of Kennedy performing arts center (More) | ... and will announce 25% tariffs on steel and aluminum today (More)

> Former aide to New York City Mayor Eric Adams (D) pleads guilty to conspiracy charges; Adams himself faces corruption charges, trial scheduled to begin April 21 (More)

> Sudanese army close to recapturing the capital of Khartoum, its biggest advance since fighting broke out between rival factions in April 2023; an estimated 100,000 people in the city currently in famine conditions (More)

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Etcetera
 

Parents are struggling to keep up with their kids' new slang

 

Where your tax dollars go in a single chart

 

The crocodiles that thrive near a Florida nuclear plant. (via YouTube)

 

Mapping the lost world of Doggerland

 

Incoming asteroid has 2% chance of hitting Earth in 2032

 

... it would be similar to the 1908 Tunguska event.

 

Google reworks Super Bowl ad following AI-powered cheese gaffe.

 

Apple's at-home robot may be a dancing lamp.

 

Clickbait: Louis Vuitton reveals luxury lobster bag.

 

Historybook: French and Indian War ends (1763); “Roots” author Alex Haley dies (1992); American playwright Arthur Miller dies (2005); Hollywood legend and diplomat Shirley Temple dies (2014).

"I think we all learn from the past. I just feel we shouldn't live there. We shouldn't live in the past. I live for today, and to me, the most important moment is now."

- Shirley Temple

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