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Good morning. It's Monday, Jan. 23, and we're covering a mass shooting in Southern California, the turn of the lunisolar calendar, and much more. First time reading? Sign up here.


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Need To Know

Mass Shooting in Monterey Park

Ten people were killed and 10 others injured late Saturday when a gunman opened fire at a dance studio in Monterey Park, California, about 10 miles east of Los Angeles. It is the country's deadliest mass shooting since the attack at Robb Elementary in Uvalde, Texas, in May. 


Initials shots were reported at the Star Ballroom Dance Studio, a dance hall popular among older residents. The attack took place amid Lunar New Year celebrations (see below) in the predominantly Asian American city of 60,000. The identities of the victims have not yet been released.


Police found the body of the attacker, who has been identified as 72-year-old Huu Can Tran, in a cargo van roughly 30 miles from the scene, having fatally shot himself after an hourslong standoff. See the search video here.


Reports suggest the shooter may have been involved in a failed second attack at a separate dance studio later in the night. A motive has not been revealed; see updates here.


Year of the Rabbit

The attack in Southern California unfolded as more than a billion people in East Asia and their diasporas celebrated the Lunar New Year. The festivities, which mark the start of the lunisolar calendar, are widely popular in China and are considered the largest annual human migration as millions return home to celebrate with family.  


Linked to the repeating 12-year Chinese Zodiac cycle, this new year also marks the transition from the Year of the Tiger to the Year of the Rabbit, a sign that symbolizes peace and prosperity (see a visual guide). More specifically, the water rabbit—a designation based on the philosophy regarding nature's elemental forces—which last occurred in 1963. 


In China, the celebrations follow the lifting of the country's yearslong zero-COVID policy and its accompanying restrictions. Nearly 73,000 COVID-19 deaths have been reported since Dec. 8, when the rules were relaxed. 


See photos here


Biden's Document Dilemma

Six items reportedly containing classified information were recovered by federal agents during a search of President Joe Biden's personal residence in Wilmington, Delaware, officials said over the weekend. Items were said to be from both Biden's four-decade Senate tenure and his time as vice president.


It was the fourth such discovery in recent weeks, a string sparked in November when Biden staff notified the National Archives after finding 10 documents marked as classified while cleaning out a Washington, DC, office previously used by Biden from 2017 to 2019. The searches also come amid an ongoing probe of mishandling of classified documents by former President Donald Trump, which began after federal agents retrieved roughly 100 classified documents from his Mar-a-Lago estate in August.


Two separate special counsels have been assigned to review the handling of documents by both Biden and Trump. 


Separately, Chief of Staff Ron Klain said he would step down following Biden's Feb. 7 State of the Union, and will be replaced by adviser Jeff Zients.

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In The Know

Sports, Entertainment, & Culture

In partnership with The Ascent

> Kansas City Chiefs top Jacksonville Jaguars 27-20 despite Patrick Mahomes injury to make fifth straight AFC championship game (More) | Chiefs will square off against Cincinnati Bengals Sunday (6:30 pm ET, CBS) (More) | Philadelphia Eagles will take on San Francisco 49ers in NFC championship game (Sunday, 3 pm ET, Fox) (More

> Machu Picchu closes indefinitely, leaving hundreds of tourists stranded amid anti-government protests in Peru (More)

> "Avatar" sequel "The Way of Water" becomes sixth film to bring in more than $2B at global box office (More) | Jury at Sundance Film Festival walks out over failure to provide captioning to deaf judge at premiere of “Magazine Dreams” (More)

From our partners: The new year is a great time to transfer your balance. This leading balance transfer card offers 0% intro APR for 21 months. With no annual fee. Find us a card that offers longer than 21 months. We'll wait.


Science & Technology

> Google to debut AI-powered search engine, reports suggest, in bid to compete with the recently released ChatGTP (More) | How ChatGPT compares with Google Search (More)

> Archaeologists confirm the discovery of a complete papyrus scroll containing text from the Ancient Egyptian "Book of the Dead" at the country's Saqqara necropolis (More) | Learn more about the ancient text (More)

> Astronomers detect radio frequency from a galaxy almost 9 billion light-years from Earth, a record for such signals; data provide insight into the formation of the universe's earliest stars (More)


Business & Markets

> US stock markets close higher Friday (S&P 500 +1.9%, Dow +1.0%, Nasdaq +2.7%); all three indices are currently up for the year (More)

> Federal government has seized over $600M in assets from FTX founder Sam Bankman-Fried (More)

> Cryptocurrency lending unit of Genesis files for bankruptcy protection; firm provided over $100B of cryptocurrency loans last year (More)


Politics & World Affairs

> Atlanta protests turn violent Saturday as demonstrators gathered to mourn protester who was killed after firing on police last week; buildings and vehicles damaged (More) | Protests stem from opposition to police plans to build a $90M training site in DeKalb County's South River Forest (More)

> Five killed, 16 injured as al-Shabab militants storm Somali regional government building in Mogadishu Sunday (More) | Israeli Prime Minister Benjamin Netanyahu complies with Supreme Court order, fires top official Sunday; comes after nationwide protests (More)

> Canada agrees to $3B settlement to First Nations for harms caused by its residential school system, which operated from the late 19th century to the 1970s (More) | New report claims North Korea faces worst food shortage in decades (More)

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Historybook: American statesman John Hancock born (1737); The US and Vietnam reach peace settlement (1973); Athlete, artist, and activist Paul Robeson dies (1976); Salvador Dalí dies (1989); Madeleine Albright becomes first US female secretary of state (1997).

"Have no fear of perfection—you'll never reach it."

- Salvador Dalí

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