Hiring Slowdown, TikTok Sued, and a Four-Eared Kitten

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Facts, without motives.

No images? Click here

 

In partnership with

Good morning. It's Saturday, Aug. 3, and in this weekend edition, we're covering a weaker-than-anticipated US jobs report, a federal lawsuit against TikTok, and much more. First time reading? Join over 3.5 million readers. Sign up here.

 

You share. We listen. As always, send us feedback at hello@join1440.com.

One Big Headline
 

Jobs Slowdown Hits Stocks

US employers added fewer-than-expected nonfarm jobs in July as the country's unemployment rate ticked up for the fourth consecutive month to 4.3%, the highest since October 2021, according to government data released yesterday. The latest report spurred a sell-off in the US stock markets, with all three major indexes closing down and the Nasdaq composite entering correction territory (S&P 500 -1.8%, Dow -1.5%, and Nasdaq -2.4%).

 

US employers added 114,000 jobs last month, below economist estimates of 185,000 and down from the downwardly revised 179,000 jobs in June. Average hourly earnings in July rose 0.2% month-over-month and 3.6% year-over-year, both below economist estimates. The data comes after the Federal Reserve on Wednesday signaled an interest rate cut was likely in September. Analysts say the report suggests the Fed could slash rates by half a percent. See a breakdown of data here.

 

Meanwhile, the average rate on the 30-year fixed mortgage dropped to 6.4% Friday, the lowest since April 2023. The average rate on a 15-year fixed mortgage dropped to 5.9%, the lowest since May 2023. 

In partnership with Pendulum

Meet this 'Un-Hunger Hormone'

 

When a doctor from Johns Hopkins, Harvard, Berkeley, or Stanford tells us something, we listen. When doctors from all four of these institutions start a company together, we drop everything we’re doing and take note—and Pendulum is no exception. 

 

This probiotic company is completely changing our gut health game with a variety of supplements that aid in everything from digestion and metabolism to cravings, and overall health. Their latest enhances your body’s natural production of GLP-1*, also known as an “un-hunger hormone” (which helps curb cravings and reduce appetite).  

 

The numbers don’t lie—91% of Pendulum users reported reduced overall cravings, while 88% reported reduced sugar cravings**. Score 20% off your first month of GLP-1 Probiotic from Pendulum today (discount automatically applied at checkout).

 

*Disclosure: Based on preclinical studies

**Disclosure: Based on a consumer survey of 274 people

Please support our sponsors!

Quick Hits
 

US regulators sue TikTok over child privacy violations.

The Justice Department and the Federal Trade Commission filed the challenge against the video-sharing app and its Chinese parent company, ByteDance, Friday. The regulators allege TikTok breached a federal law requiring services to obtain parental consent to collect personal information from children under 13. TikTok has roughly 170 million active US users, while ByteDance faces a legal deadline from the US government to sell TikTok or withdraw from the US market. 

 

Harris secures Democratic nomination for president.

Vice President Kamala Harris made history Friday as the first Black woman and Asian American to become a presidential nominee from a major party in the US. Harris secured a majority of the votes (at least 2,350) needed for the nomination a day after voting opened. She will accept the nomination next week. 

 

Hunter Biden to be sentenced in November for gun conviction.

The younger Biden became the first convicted child of a sitting US president in June when a jury found him guilty of three felony charges related to lying about his drug use in 2018 when purchasing a gun. Hunter Biden will be sentenced Nov. 13 in the gun case and faces a different trial in September for separate tax-related charges. 

 

Intel shares plunge the most in 50 years.

Intel's shares fell 26% Friday, marking the chipmaker's second-largest single-day drop, behind a 31% drop in July 1974. The company's shares were trading at a level last seen in 2013. The decline came a day after Intel announced it would cut 15% of its workforce and pause dividends beginning in the fourth quarter as part of cost-cutting measures. 

 

Chevron to relocate to Texas from California.

America's second-largest oil and gas company is moving its global headquarters from California—its home state for more than 140 years—to Houston, Texas, considered the US energy capital. The announcement comes weeks after Elon Musk said X (formerly Twitter) and SpaceX would move their headquarters from California to Texas and follows a growing trend

 

Tropical storm warning issued for parts of Florida.

As of this writing, a developing system in the eastern Gulf of Mexico is expected to turn into Tropical Storm Debby today and drench the west coast of Florida this weekend. Up to a foot of rain is possible in some areas of the state, with flash flooding and heavy rainfall to continue through next week.  

Support 1440's Mission

 

We are able to reach more than 3.5 million inboxes with fact-focused news because our readers support our mission. Upgrade to our ad-free newsletter for $10/mo to help us continue spreading the word.

Humankind
 

A 10-year-old boy gets a surprise visit from his brother in the Army after 300 days apart. (More, w/video) 

 

Woman who brought her boyfriend home to her parents finds out the couple grew up with the same rare home layout. (More, w/photos)

 

London man turns his neighbors' hedges into art to honor his late wife, an artist who died from breast cancer. (More

 

Minnesota children raise $4K with lemonade stand for neighbors who lost their home in a fire. (More)

In partnership with Sky Quarry

Turning Trash into Treasure

Around 15M tons of asphalt shingles are dumped in North America annually. Sky Quarry has developed a way to convert this potentially toxic waste into valuable resources.

 

They have a refinery which generated $50M in revenue in 2023. This will help them vertically integrate into the energy industry. In 2025, they plan to open a flagship extraction facility that can produce as many as 2,000 barrels of oil per day. They’ve even secured ‘SKYQ’ as their stock ticker.

 

Invest in Sky Quarry before their planned Nasdaq listing.*

 
Humankind(ness)
 

Today, we're sharing a story from reader Suzanne B. in St. Louis, Missouri.

 

"I was 9.5 miles into a training walk for the Portuguese Camino when I stepped in a pothole and went down. I got up and sat on a grassy area to look myself over. A young woman came running out of a restaurant to see how I was. She went back in to get a first aid kit and bring me a glass of water. She waited while I patched up my knee and called for a ride. Jenna was my Florence Nightingale."

 

What act(s) of kindness did you experience this week? Tell us here.

Etcetera
 

Bookkeeping

Starter homes now cost $1M in at least 237 US cities, with nearly half in California.

> Octogenarian Hermès heir alleges his $13B fortune has vanished.  

> Houston, Texas, is paying Michelin $270K to review the city's restaurants

 

Browse 

> Meet the kitten born with four ears

America's 36 best state parks.

What color is the night sky

> Test your knowledge of dreams

> Starbucks' fall menu leaks online.

 

Listen 

> The world's best trivia contestant on what it takes to know everything.  

 

Watch 

> Tar pits are considered death traps—but not for the petroleum fly.

> Why sand divers risk their lives every day for the world's most mined resource.

> The engineering history behind Venice, a city built on water.

> What Snoop Dogg carries in his Olympic bag

 

Long Read 

> The rise of Type 2 diabetes in children

> A visual deep-dive into the origins of the ancient Olympic games.

 

Most Clicked This Week: Why some people always wake up at 3 am or 4 am

 

Historybook: Singer Tony Bennett born (1926); Martha Stewart born (1941); Rival basketball leagues merge to form the NBA (1949); Tom Brady born (1977); 23 killed and 23 injured in mass shooting in El Paso, Texas (2019).

"If you don’t believe in yourself, why is anyone else going to believe in you?"

- Tom Brady

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 hello@join1440.com 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 Sky Quarry’s Regulation A Offering. Please read the offering circular at investor.skyquarry.com

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

Copyright © 2024, 1440 Media, All rights reserved.

J

 

Update your preferences or unsubscribe from this email.

Older messages

Hamas Leader Killed, India Landslides, and the Skibidi Toilet

Wednesday, July 31, 2024

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

England Stabbing, California Fire, and Sleep Training

Tuesday, July 30, 2024

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Venezuela Election, Olympic Tally, and a Domino Chain

Monday, July 29, 2024

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

El Mayo Arrested, Venezuela Elections, and Workaholism

Saturday, July 27, 2024

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Delta Probe, NASA's Chandra, and the Most Elusive Bugs

Wednesday, July 24, 2024

Facts, without motives. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

You Might Also Like

What A Day: Florida Yes Men

Tuesday, November 12, 2024

Donald Trump's cabinet picks are wild, but he's also chosen a few normies to lead his foreign policy. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

This soft-sided luggage is very cute

Tuesday, November 12, 2024

But is it a good suitcase? View in browser The Recommendation We tested Away's new soft-sided carry-on A photo of someone holding the handle of a soft-sided suitcase, next to a photo of someone

Bigotry Is Not the Answer to Donald Trump

Tuesday, November 12, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer 2024 election Bigotry Is Not the Answer to Donald Trump Post-election, liberals scramble

Wednesday Briefing: Trump’s team of loyalists

Tuesday, November 12, 2024

Plus, the new series “Say Nothing.” View in browser|nytimes.com Ad Morning Briefing: Asia Pacific Edition November 13, 2024 Author Headshot By Gaya Gupta Good morning. We're covering the latest on

Another cable news star goes the independent route

Tuesday, November 12, 2024

PLUS: Will the media experience another "Trump bump"? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

We Were Built For This Moment

Tuesday, November 12, 2024

Here's how The Lever's team will be holding the powerful accountable in this new era of corruption — and what you can do to help. We Were Built For This Moment By The Lever • 12 Nov 2024 View

Let There Be Light

Tuesday, November 12, 2024

The Important Stuff, Western Sieve ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

☕ Gift guides, unwrapped

Tuesday, November 12, 2024

A PR expert's guide to landing brands on a gift guide. November 12, 2024 Marketing Brew presented by Amazon Ads It's Tuesday. After presumably consulting the Grinch, Saks Fifth Avenue is

Trump’s victory is a green light for genocide in Gaza

Tuesday, November 12, 2024

The slaughter we've witnessed over the past 13 months has been shocking to the conscience. But what comes next could be unimaginably worse. The founding charter of Benjamin Netanyahu's Likud

Amperity names new CEO | Starform raises $6M | Apple sets smart cam sights on Ring and Wyze 

Tuesday, November 12, 2024

We tried the 'Tomb Raider' escape room in Seattle ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent, happening Dec. 2–6 in Las Vegas: Register now for AWS re:Invent.