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Olympic Upset, Inflation, & Home Vacancies
Good morning! The weekend edition is 707 words, a 3-minute read.
What’s on tap:
Wendy’s closures
Crime-fighting llamas
Tap dance battle
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Today’s Big Story
Heartbreak and Triumph at the Olympics
US figure skating favorite Ilia Malinin, who entered Friday's free skate with a 5.09-point lead, collapsed under Olympic pressure and finished eighth after multiple falls. He failed to land a single quadruple axel, executing only a single instead. Kazakhstan's Mikhail Shaidorov won gold, with Japan's Yuma Kagiyama and Shun Sato taking silver and bronze.
Norwegian cross-country skier Johannes Hoesflot Klaebo won his eighth career Olympic gold medal Friday, tying the all-time Winter Games record. The 29-year-old collapsed at the finish line after winning the men's 10-kilometer race by 4.9 seconds. He shares the record with three retired Norwegian athletes and has three races remaining to break it.
In other news, the US women's hockey team crushed Italy 6-0 to advance to the semifinals, having outscored opponents 26-1 through five games. Lindsey Vonn will undergo a fourth surgery on Saturday on her broken left leg following Sunday's downhill crash. Three US men’s snowboarders didn’t make the podium in the halfpipe, while the US women’s curling team beat Canada for the first time in preliminaries.
Eight medals are up for grabs today, including skiing and speed skating. See full schedule here.
Saturday’s Quick Hits
The government plans to spend $38.3 billion converting warehouses into immigration detention centers nationwide to support mass deportations. The facilities would hold tens of thousands of people, with eight large centers holding up to 10,000 each. Documents sent to New Hampshire's governor detail one facility costing $158 million to build and $146 million to operate for three years. (More)
Inflation dropped to 2.4% in January, the lowest in nine months and below expectations despite tariff worries. Grocery prices rose faster at 2.9%, with coffee and beef prices jumping over 17% from last year. Inflation remains above the Fed's 2% target while hiring has slowed, creating concerns about stagflation. The Fed kept interest rates steady between 3.5% and 3.75% in January after three consecutive cuts last year. (More)
SpaceX launched four astronauts to the International Space Station on Friday after an earlier crew came home unexpectedly last month due to a medical issue. The Crew 12 mission lifted off from Cape Canaveral with two veteran space fliers and two rookies, docking Saturday to bring the station crew back to seven. The launch was moved up because the station had just one NASA astronaut left to operate US systems and conduct research. (More)
Goldman Sachs' top lawyer, Kathy Ruemmler, resigned Thursday after emails revealed years of friendly contact with sex offender Jeffrey Epstein. The former Obama White House counsel called Epstein "sweetie" in messages and was listed as backup executor on his will. She told the Financial Times that media attention became "a distraction." Her departure follows several other high-profile resignations linked to Epstein after the Justice Department released millions of pages of files about him. (More)
Wendy's will close hundreds of restaurants after sales plunged 11.3% last quarter, the worst drop in nearly two decades. The chain plans to shut 5-6% of its U.S. locations in early 2026 as rivals like McDonald's win customers with cheap meal deals. McDonald's grew sales 6.8% while Wendy's struggles with leadership changes after its CEO left last summer. Wendy's calls 2026 "a rebuilding year" and plans new chicken sandwiches soon. (More)
Weekly Dose of Positive
A neighbor in Illinois smashed through a burning home's door with a sledgehammer to save an 85-year-old wheelchair-bound woman. (More)
Eight llamas cornered a fleeing thief in an English field, circling him until police arrived. The owner joked the animals made a "citizens’ arrest." (More)
A stranger rescued an 8-months-pregnant woman after her car sank into a Florida pond. Logan Hayes swam to the car and opened a door just before it submerged, saving both mother and baby. (More)
Levi's is teaching high schoolers to mend clothes to reduce waste, as Americans throw away 81.5 pounds of clothing yearly. (More)
Extra Credit
Watch: Toddler and pro have tap dance battle.
The US had more than 15 M vacant homes in 2024.
Taylor Swift rumors spiked ticket sales for Pebble Beach golf tournament.
Why walking is a total game changer.
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