Tuesday, February 14, 2023

💕 Axios PM: Record year for romance scams

Plus: Speed dating is back | Tuesday, February 14, 2023
 
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Axios PM
By Mike Allen · Feb 14, 2023

💕 Happy Tuesday afternoon and Happy Valentine's Day from us to you. Today's PM — edited by Kate Nocera — is 540 words, a 2-min. read. Thanks to Patricia Guadalupe for the copy edit.

🚨 Situational awareness: Sen. Dianne Feinstein (D-Calif.) announced today she won't run for re-election in 2024.

 
 
💰💔 1 big thing: Romance scammers cash in
Data: FTC.gov. Chart: Axios Visuals

This Valentine's Day, guard your heart — and your wallet.

  • The Federal Trade Commission finds that last year, 70,000 people reported losses from so-called "romance scammers" — losing $1.3 billion, with a median reported loss of $4,400.
  • That's way up from the 56,000 Americans reporting $547 million in love-ploy losses in 2021.

The FTC says 40% of romance scam victims say contact first began on social media. 19% started on dating websites or apps.

  • The scammers often tell elaborate lies tied to a fake identity. The most popular lie used in these scams is saying someone is "sick, hurt, or in jail" — and therefore need money ASAP.

One popular and long-running romance-based crypto scam is getting more sophisticated, Axios Codebook author Sam Sabin reports.

  • Known as "pig-butchering," the con typically begins with someone either starting a conversation on a dating app or sending a text to a random phone number.
  • Once trust is established, the scammer will start to encourage the victim to invest in a fake crypto app.

🚩 Spot a scammer: If they don't want to meet in real life and claim they live on an oil rig, it's probably not your soulmate. And no one looking for love will ask you to invest in their cryptocurrency app.

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2. Speed dating makes a comeback
Illustration: Brendan Lynch/Axios

Tired of swiping left or right, daters are trying to meet people in person as speed dating events are becoming increasingly popular.

  • The number of Eventbrite gatherings mentioning "singles" and "dating" rose 25% in the 12 months ending Feb. 1, compared with the same period in 2018 and 2019, The Wall Street Journal reports.
  • Dating apps, including Bumble, have started hosting in-person meet-ups.

The approach can seem novel to a generation that's been glued to their phones.

  • "It's like how my grandparents met," Meredith Hughes, a 29-year-old graduate student at the University of Cincinnati, told The Journal.
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A message from HCA Healthcare

HCA Healthcare is investing in tomorrow's nurses and doctors
 
 

The proof: Our Galen College of Nursing partnership expands access to nursing education and provides career development opportunities.

HCA Healthcare is also a leading provider of graduate medical education (GME) with 302 programs at 65 hospitals with more than 4,700 residents and fellows.

Learn more.

 
 
3. Catch me up
Valentine's Day on the White House lawn this morning. Photo: Evan Vucci
  1. Above: Paper hearts with the handprints of military children decorate the White House lawn as First Lady Jill Biden celebrates Valentine's Day. Go deeper.
  2. Consumer prices rose at a more rapid monthly pace in January, interrupting a months-long streak of cooler inflation readings. Go deeper.
  3. President Biden is reconfiguring his economic team as he enters the second half of this term, Axios' Neil Irwin reports. Lael Brainard, No. 2 at the Fed, will head the National Economic Council. Jared Bernstein will be nominated to chair the Council of Economic Advisers.
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4. 👀 Super Bowl ratings bump
Data: Nielsen. Chart: Axios Visuals

The Super Bowl drew 113 million viewers across digital and traditional TV platforms, making it the most-watched since 2017, according to Nielsen ratings.

  • A nail-biter finish to a high-scoring game, along with a buzzy halftime show, proved to be the perfect formula for winning America's attention, Axios Media Trends author Sara Fischer writes.

The event, which aired on Fox's live television and digital services, drew slightly more viewers (1%) than the 112.3 million who tuned into last year's game, which aired on NBC, Telemundo, and Peacock.

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A message from HCA Healthcare

HCA Healthcare's commitment to providing high-quality patient care
 
 

Independent third-party organizations recognize our quality performance.

Here's how:
  • Over 80% of HCA Healthcare's hospitals earned an A or B in the fall 2022 Leapfrog Hospital Safety Grade.
  • Healthgrades honored 23 HCA Healthcare hospitals with the 2023 Specialty Excellence Award.

See more.

 
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