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The job market just had a massive rebound

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Well, that was a quick turnaround. The US added 130,000 jobs last month and posted a 4.3% unemployment rate, a massive rebound from the historically weak job growth seen in 2025.

Who’s hiring?

Last month delivered the strongest job growth since December 2024, with the healthcare and social assistance sector shouldering most of the load:

  • The healthcare industry added 82,000 jobs, the biggest monthly gain since 2020.

  • Meanwhile, social assistance added a solid 41,500 positions.

While those industries also dominated much of the labor market through 2025, they actually got some well-deserved help to start this year. According to the highly anticipated Bureau of Labor Statistics report:

  • Construction added 33,000 jobs, professional and business services gained 34,000, and manufacturing increased by 5,000β€”its first monthly job gain in more than a year.

Hitting a U-turn: The promising report (which was delayed by last month’s brief government shutdown) arrived after January saw the highest number of layoffs since 2009, a shocking reversal that caught even the most seasoned economists off guard.

🌎 Why should you care? The stronger-than-expected job growth and a steady unemployment rate show the economy is still resilient, even in the face of record layoffs. However, it also means companies are hiring more cautiously, so there are fewer openings and higher expectations for skills, experience, and flexibility when switching roles than there would be otherwise.

Cuba cuts fuel to airports amid shortage

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Russia has pledged to help the nation. On Tuesday, Cuba’s government cut off jet fuel to nine airports as a severe fuel shortage grips the country, putting pressure on its travel industry.

What’s going on?

Cuba’s fuel shortage has existed for years and is the culmination of several overlapping issues, including declining oil imports from allies, limited foreign currency, aging infrastructure, and its lack of production. See an overview of the country’s worsening energy crisis here.

Then, this week, Cuban officials warned airlines they could no longer reliably refuel planes at airports:

  • Cuba produces roughly 40% of the oil it consumes, with the rest typically coming from Venezuela and Mexico.

  • However, recent US pressure on Venezuelan oil exports (and the takeover of its oil industry) has choked off a key supply line.

It comes amid US pressure: Last month, Donald Trump signed an executive order threatening tariffs on any country that exports oil to Cuba, as part of US efforts to end communist rule on the island.

Looking forward: Cuba is now projected to exhaust its reserves by April and has begun rationing supplies. Russia recently began preparing to send oil to the country, and when asked about sanctions, an official said it does not β€œwant any escalation” with the US, but that it doesn’t β€œhave much trade with the United States right now.”

🌎 Why is this important? Tensions between the US, Russia, and Cuba could tighten global energy supply, which may show up for Americans as higher gas prices, more expensive flights, and swings in energy bills.

US homeowners really don’t want to budge

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I mean, who wouldn’t want to cling to a 3% interest rate? Homeowners are staying in their houses for the longest time since the start of the millennium, largely because they want to hold onto lower mortgage rates.

Holding on tight

At the end of 2025, US homeowners had been in their dwellings for an average of 8.6 years, the longest time on record since they began tracking the stat in 2000 (when the average was just 4.2 years).

While this was once confined to a few cities, it isn’t anymore:

  • Homeowners are holding onto their properties longer in nearly every single major metro area, according to industry data firm ATTOM.

So, why aren’t people selling? Many of those who are staying put want to hold on to ultra-low mortgage rates they secured during 2020–2021 (known as the β€œlock-in effect”), and with rising home prices and limited inventory, it’s simply not a buyer’s market.

I mean it’s really not a buyer’s market: For the first time since 2020, more homeowners now have mortgage rates above 6% than below 3%, according to Realtor.com, while a Redfin analysis cited by the WSJ found roughly 62% of buyers last year paid under the asking price, the most since 2019.

🌎 Why is this important? The β€œlock-in effect” limits the number of houses for sale and keeps prices high, making it harder (and more expensive) for anyone to move or buy a home, particularly first-time buyers.

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Doorbell cameras are the newest privacy concern

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Now Big Tech is even fighting over your front door?Β Privacy concerns over internet-connected doorbell cameras have erupted after a kidnapping case and a questionable Super Bowl ad put the tech in the spotlight.

First, there’s the case…

This month, the FBI has been investigating a high-profile case involving the disappearance of Nancy Guthrie, the mother of β€œTODAY” show co-host Savannah Guthrie.

  • On Tuesday, the FBI released footage from Guthrie’s Google Nest doorbell camera showing a masked man on her doorstep the night she was abducted.

  • However, Guthrie’s camera was disconnected, and she wasn’t actively subscribed to the Google Nest service, according to officials.

That has raised some questions about how the video was obtained: FBI Director Kash Patel said authorities teamed up with private-sector partners to pull footage from backend systems, while the Associated Press noted some Nest devices can record even when offline.

Then, the Super Bowl…

Earlier in the week, Ring promoted an AI feature in a Super Bowl ad that can sift through neighborhood cameras to find a missing dog, drawing backlash from viewers who saw surveillance risks.

  • The tool can’t detect human biometrics, according to a spokesperson for the company. However, a separate feature called Familiar Faces can.

  • The company’s CEO has suggested such cameras could β€œzero out crime” within a year.

These devices are extremely popular: Roughly 37% of US households (almost 130 million people) now have a smart video doorbell, making it one of the fastest-growing home security technologies.

🌎 Why does this matter? As doorbell cameras like Google Nest and Amazon Ring get smarter with AI features, like identifying faces or scanning neighborhood footage, decisions by tech companies could increasingly affect how your data is used, especially as they become more widely adopted.

Dollar Tree is attracting a lot of rich customers

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The shelves might now be stocked with Wagyu beef. Discount retailer Dollar Tree is increasingly opening stores in higher-income areas, a strong pivot from its traditional focus on lower-income communities.

Trading places

Dollar Tree has seen rising engagement from wealthier households recently, with six-figure earners accounting for the majority of its new customers:

  • In the last six years, almost half of the discount retailer’s new stores opened up in more affluent ZIP codes.

  • Plus, 60% of new customers last quarter had household incomes of $100,000 or more.

While wealthier shoppers tend to visit less often… they typically spend more per trip. On average, they spend about $1 more per visit, an increase that would add up to roughly $1 billion in annual revenue if the company persuaded them to shop there just one more time each year.

It highlights a new trend in US retail: Even discount chains are targeting a wider income range as spending becomes more concentrated among higher-earning households.

🌎 Why should you care? The clientele change signals ongoing pressure from inflation and living costs, something that affects budgeting, grocery habits, and spending decisions for people across income levels, especially younger adults trying to save.

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Catch up on this week’s weird news

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> Looking for a last-minute place to take your date tomorrow? Check out OpenTable’s top 100 most romantic restaurants this year.

> A long-term study of 3,000 older adults suggests a brain-training video game could cut Alzheimer’s risk by 25% and protect cognitive health for up to 20 years, the strongest evidence yet that cognitive training can have lasting benefits on the brain.

> Researchers found that a little-studied group of gut bacteria is associated with better health, as healthy people consistently tend to have it in greater numbers, suggesting it may play a key role in overall well-being.

> Prediction market Kalshi reported more than $1 billion in trading volume on Super Bowl Sunday, marking roughly a 2,700% increase from a year earlier.

> A heavyweight boxer lost his hairpiece during a fight at Madison Square Garden, then joked afterward that his mother’s shampoo mishap had recently caused his hair loss.

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