2.3.2024

 

In partnership with

Good morning. It's Saturday, Feb. 3, and in this weekend edition, we're covering an unexpected jobs report, the passing of a "Rocky" star, and much more. First time reading? Sign up here.

 

You share, we listen. As always, send us feedback at [email protected].

One Big Headline
 

US Labor Market Sizzles 

The US economy added 353,000 nonfarm jobs in January, exceeding economist estimates of 185,000 jobs and up from December's upwardly revised 333,000 jobs, according to government data released yesterday. The unemployment rate held steady at 3.7% for the third consecutive month (see chart).  

 

The latest jobs report comes after the Federal Reserve this week continued to keep its benchmark federal-funds rate (see 101) at a range between 5.25% and 5.5%. The Fed's decision marks the fourth straight meeting in which the central bank has opted to hold rates at the highest level in more than two decades. The Fed tentatively plans to lower rates three times this year, though Chairman Jerome Powell said a rate cut is unlikely to come by the group's next meeting in March. The core personal consumption expenditures price index—the Fed's preferred inflation gauge—rose to 2.9% year-over-year in December; the Fed is targeting a 2% annual rate.

 

Most of the jobs in January were added in professional and business services (74,000), healthcare (70,000), and retail trade (45,000). Average hourly earnings grew 4.5% year-over-year in January, up from 4.1% in December. See data here.

Quick Hits
 

US begins retaliatory strikes in Iraq, Syria in response to Jordan attack.

US forces struck more than 85 targets affiliated with Iran-backed militants, including command and control centers as well as missile storage facilities, according to officials. The airstrikes come after three American soldiers were killed in a drone attack at a US military base in Jordan last weekend.  

 

US judge postpones Trump's 2020 election interference trial.

Former President Donald Trump's federal trial, brought by Justice Department Special Counsel Jack Smith, was set to begin March 4 but has now been pushed indefinitely. The delay comes as Trump's claim of presidential immunity makes its way through a federal appeals court.

 

CIA leaker sentenced to 40 years in prison.

Former CIA officer Joshua Schulte, 35, was sentenced over espionage charges and possession of child sexual abuse material. He was previously convicted of sending a series of US government classified information to whistle-blowing platform WikiLeaks, which began publishing the information in 2017. Schulte's actions are considered the largest theft of classified information in the CIA's history. 

 

Carl Weathers, actor from ‘Rocky,’ dies at 76.

Weathers was a former NFL linebacker who became an actor and starred as boxer Apollo Creed in the “Rocky” movies with Sylvester Stallone. Weathers also had roles in “Happy Gilmore,” "Predator," and most recently, the Disney+ hit series “The Mandalorian.” He died peacefully in his sleep, per a statement from his family. 

 

Three people indicted in $400M FTX cryptocurrency hack.

The Justice Department has reportedly charged three people for conspiring to steal dozens of people's identities and for allegedly being behind the mystery multimillion-dollar hack. The hack occurred in November 2022 on the same day cryptocurrency exchange FTX, once valued at $32B and led by disgraced founder Sam Bankman-Fried, filed for bankruptcy. 

 

First 3D-printed functional human brain tissue created.

Scientists at the University of Wisconsin-Madison are the first to develop the 3D-printed brain tissue, which grows and behaves like a natural brain tissue. The group used a new 3D-printing method, stacking layers of tissue horizontally rather than vertically and using a softer bio-ink (see 101). The model will allow scientists to better study neurological diseases, including Alzheimer's and Parkinson's.  

 

Michael Jordan's championship sneakers sell for record $8M.

A set of six Nike Air Jordans, known as the Dynasty Collection and worn by the basketball legend during the Chicago Bulls' six winning NBA championship games in the 1990s, sold for $8,032,800. The figure is a global auction record for game-worn sneakers and is the second highest price paid for Jordan's sports memorabilia, behind a game-worn jersey that sold for $10.1M in 2022. 

 

Tesla to patch 2.2 million US vehicles in software recall.

The recall is due to the font size of a warning light on its vehicles' displays. Federal safety regulators said the small font size can make safety information difficult to read, increasing the likelihood of crashes. Tesla said it wasn't aware of crashes caused by the font issue, which will be fixed by an over-the-air software update. 

In partnership with Armra

You Are What You … Absorb?

 

Even if you do your best to eat right, you can’t always protect yourself from pollutants, chemicals, and allergens that you inhale and absorb through the skin. Enter: ARMRA Colostrum.

 

But what is Colostrum? Consisting of the first nutrition received at birth, ARMRA is a highly concentrated bovine colostrum that helps strengthen your mucosal barriers and optimize cellular pathways. Everyday life can weaken your mucosal barrier, which protects us against irritants and particles from the world. ARMRA Colostrum is a bioactive whole food with 400+ functional nutrients that work to strengthen your barriers for health benefits ranging from immunity to an optimized microbiome. Clinical trials showed bovine colostrum to be up to 3X more effective than the flu vaccine at preventing flu. And in research, ARMRA Colostrum triggered rapid immune defense in under 2 hours. Just pour into water, shake, and go!

 

Bonus: It can help with sleep, enhance skin, promote hair growth, and fuel fitness recovery. Learn more about reviving your health with ARMRA Colostrum and get 15% off with code 1440.

Please support our sponsors!

Humankind
 

Maryland woman donates her kidney and liver to her mom, saving her life twice. (More

 

UK nurses help fulfill wedding dreams of end-of-life patients by arranging hospital ceremonies. (More

 

Meet the pet detective who has used thermal imaging to reunite 330 lost dogs with their owners for free. (More)

 

Canadian swimmer, 99, breaks three world records in her respective age class. (More)

 

California bride, who called off her wedding, gifts her $15,000 reception to families with children who have special needs. (More)

From our partnersThe next gold rush? The demand for lithium is projected to grow 20X by 2040, creating a massive opportunity for investors. Elon Musk described it as “like minting money.” Enter EnergyX. Their tech can extract 300% more lithium, earning them investments from GM and POSCO. Now you can invest in EnergyX at their $8/share price before it changes on Feb. 8. Become an EnergyX shareholder here.*

Humankind(ness)
 

Dear readers—

 

We're taking a moment this week to remember our dear friend and colleague, Pierre Lipton, who unexpectedly passed away one year ago tomorrow.

 

Pierre accomplished more in 26 years than most do in a lifetime—a world traveler, speaker of multiple languages, valedictorian, Forbes 30 under 30 honoree, start-up founder, and more.

 

What folks may not have seen from the outside was his consistent desire to drive positive impact in the lives of others. At 1440, Pierre pushed for our employee wellness program, employee happiness interviews, vacation incentives, and more. Outside 1440, he cared deeply about making the world a better place, devoting his time and energy to issues he was passionate about—physical health in underserved communities, food security, animal welfare, and the environment.

 

These are just a few examples of how Pierre turned the spirit of human kindness into daily action. He was humble and took time to deeply connect with people, lifting others up, and helping them succeed.

 

Pierre passed away after completing a marathon in Arizona. He was doing what he loved. He is deeply missed by his family, partner, friends, colleagues, dog Appa, and many others.

 

A philanthropic foundation has been established in Pierre's memory to support charitable organizations consistent with his passions.

Etcetera
 

Bookkeeping

> The average price of a 2024 Super Bowl ticket is $12,240, up 38% from last year.

... and Taylor Swift has added about $330M in brand value to the Chiefs and NFL.

> Dried out 285-year-old lemon with an inscription sells for $1,780 at auction

 

Browse 

> The origins of Black History Month.

Punxsutawney Phil predicts an early spring.

> Visualizing US economic growth against other G-7 countries.

Exploding stars top January's best science images.

Family growth chart tracks five kids, 17 grandkids over 30 years.

Rats like taking selfies, too

 

Listen 

> Following Einstein's stolen brain, from a Princeton autopsy table to a cider box in Kansas, and more

 

Watch 

> Human bartender versus AI mixologist

> ... and how alcohol causes blackouts.

> Swarm of army ants devour their prey.

How the iconic Hermès bags are made.

 

Long Read 

> Fourteen centenarians share their life advice.

Vienna's vegetable orchestra has been turning beets into beats (w/videos). 

 

Most Read of the Week: The most popular dog breeds in each US state

 

Historybook: Printing press inventor Johannes Gutenberg dies (1468); American novelist Gertrude Stein born (1874); Musicians Buddy Holly, Ritchie Valens, and The Big Bopper are killed in plane crash (1959); Luna 9 becomes first spacecraft to make soft landing on the moon (1966).

"In the morning there is meaning, in the evening there is feeling."

- Gertrude Stein

Why 1440? The printing press was invented around the year 1440, spreading knowledge to the masses and changing the course of history. More facts: In every day, there are 1,440 minutes. We’re here to make each one count.

 

Send us your feedback at [email protected] and help us stay unbiased as humanly possible. We’re ready to listen.

 

Interested in reaching smart readers like you? To become a 1440 partner, apply here.

 

*Disclosure: This is a paid advertisement for EnergyX's Regulation A+ Offering. Please read the offering circular at https://invest.energyx.com/

1440 Media 222 W Merchandise Mart Plaza, Suite 1212 Chicago, IL 60654

Copyright © 2024, 1440 Media, All rights reserved.

 

Join a community of over 3.6 million intellectually curious individuals.

100% free. Unsubscribe anytime.

Don't miss out on the daily email read by over 3.7 million intellectually curious readers.