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   Daily Brew // Morning Brew // Update
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     Tesla's board proposes a massive payday for Elon Musk...
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             September 06, 2025
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              View Online
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              Presented By
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               Greetings and salutations.
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              What’s in a name? A whole lot of frustration if you happen to share it with one of the world’s leading tech CEOs—at least according to a lawsuit filed by Indiana bankruptcy attorney Mark Zuckerberg. Zuckerberg, Esq.,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               sued
              </a>
              Meta this week, claiming it kept taking down his professional Facebook page for “impersonating a celebrity” after he paid $11,000 for ads on the platform. Meta said it had reinstated his page, but it hasn’t done anything for our firm, Cher, Madonna, &amp; Altman.
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               —Matty Merritt, Molly Liebergall, Dave Lozo, Sam Klebanov, Abby Rubenstein
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               MARKETS
              </h3>
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            <!-- Nasdaq -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5Mn0:1uupcn:Sg0ZgeTVp_3jMozkVc6dCH4Mz6z-Q2KV7A0AdAuqJDA" style="width:22%" width="20"/>
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                  Nasdaq
                 </p>
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                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  21,700.39
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.03%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5MjkxfQ:1uupcn:JW35y2nOAgIUYOSqH7vxSj3fAAGqmKhjTfo12VbdiPQ" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  S&amp;P
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  6,481.50
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.32%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5MzgwNn0:1uupcn:YPxa8fcDVQjocOIAwuIGCJ9o3_eD67zRew9-f0iIjAU" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  45,400.86
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.48%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5NDc1M30:1uupcn:v35HbzZv3llqxC1jtDnlr4520Xpq1WPXCUGftQoyzUs" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  10-Year
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  4.086%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -9.0 bps
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END 10-Year -->
            <!-- Bitcoin -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5NTY1fQ:1uupcn:hK2tznFLCRLUQ73iC9jMg3Ey4RUQw3GeWznTpMYt17w" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Bitcoin
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $111,474.23
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +0.91%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Broadcom -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5NjUzNn0:1uupcn:ASNjoyur0uN2kR5PJ1B_4mZYs_51BRamB0T3JZzAj3c" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Broadcom
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $334.89
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +9.41%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Broadcom -->
            <!-- START REGULAR TEXT -->
            <tr>
             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
               <tr>
                <td style="padding-right:4px">
                 Data is provided by
                </td>
                <td style="margin:0;padding-right:5px">
                 <a style="display:block" target="_blank">
                  <img height="16px" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png%253Fh%253D32%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5NzQ3M30:1uupcn:n7yEWduTtakX3kKlKN5ewNRoOBPihsCVvxR_TRcoN7c" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 5:00pm ET.
               <a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
                Here's what these numbers mean.
               </a>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 Like the horror movie character who suddenly realizes the door to the dark basement she’s run into locked behind her, investors yesterday came around to the idea that a jobs report showing a weakening labor market (more on that below) is a bad sign for the economy—even if it likely means interest rate cuts are coming—sending stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  down
                 </a>
                </span>
                <span>
                 after initial gains.
                </span>
               </li>
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Stock spotlight:
                 </strong>
                </span>
                <span>
                 Broadcom soared after announcing strong sales for its AI chips and a new $10 billion customer believed to be OpenAI.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
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             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
             </td>
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      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            ECONOMY
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Having a hard time finding a job? Yeah, that checks out
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt='Now Hiring sign with piece of tape over "now" with "not" written on it.' src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fb3ac58f20e578c13d446a7f9815264d7cf3af69b-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjI5ODQ1M30:1uupcn:MQ66uvdj0MP_dpKRNhSvA3GGu1jac1nSnqHn6SscOm0" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Morning Brew Design
                 </em>
                </small>
               </span>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Apologies if you were hoping for some good news to read while you sip your weekend latte—yesterday’s jobs report might require a triple shot to stomach it. Preliminary data from the Bureau of Labor Statistics shows that the US economy
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  added
                 </a>
                 22,000 jobs in August, well below the 75,000 expected by economists.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 And in another bad sign for the labor market, unemployment ticked up to 4.3% from 4.2%, putting it at its highest rate since 2021. New revisions to prior months’ job figures also raised red flags: While July’s numbers actually jumped from 73,000 jobs added to 79,000, June’s job numbers, which originally showed a job gain of 14,000, were updated to a
                 <em>
                  loss
                 </em>
                 of 13,000. This marks the first time that the US economy has lost jobs in nearly four years.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Some other concerning numbers:
                 </strong>
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Workers aged 16–24 are now hovering at a 10.5% unemployment rate, double the national average and the highest it’s been since 2021. Some economists point to
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    AI scooping
                   </a>
                  </span>
                  <span>
                   up entry-level jobs in certain industries.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Unemployment for Black workers continued to climb to 7.5% in August, up from 7.2% the month prior. This group has been especially hard-hit by federal layoffs.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The manufacturing industry, one of the main areas President Trump is hoping to juice with his economic policies, has now lost 78,000 jobs this year, following August’s fourth consecutive month.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 This was the first jobs report since Trump fired BLS commissioner Erika McEntarfer last month, claiming a disappointing jobs report was “rigged.” Economists and market experts worried the firing could jeopardize the agency’s political independence, but it is unlikely to have impacted the new report.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  What’s next?
                 </strong>
                 Whether the August numbers are ultimately revised up or down, the June and July revisions paint a pretty clear picture of a stagnating job market, which raises concerns about a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  recession
                 </a>
                 . That means Trump will likely finally get that Fed interest rate cut he’s been advocating for. Some analysts are even betting on a 50-basis-point cut.
                 <em>
                  —MM
                 </em>
                </p>
               </td>
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            Presented By Pacaso
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              Big investors bet on this “unlisted” stock
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           <img alt="Pacaso" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Ff04af0dcb79a0fe3bc1d78cab8bf58b80e39f7d7-1200x800.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwMjA2NX0:1uupcn:GYQ3wIt-utG8cSFY8wgN1FNLGAbqkKtZcR_Fcv6ksUY" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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              When the former Zillow exec who sold his last company for $120m starts a new venture, people notice. That’s why
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               the same investors who backed Uber, Venmo, and eBay also backed Pacaso
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3t vacation home market.
             </p>
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              And it works. By handing keys to 2,000+ happy homeowners,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Pacaso has already made $110m+ in gross profits
              </a>
              in less than five years. They even recently reserved the Nasdaq ticker PCSO.
             </p>
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              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               And you can become a Pacaso shareholder before the investment opportunity ends Sept. 18.
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            WORLD
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                 Tour de headlines
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              <img alt="A Hyundai logo" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F507da591ff0a8179ac76db683a2bfe3650d7b2d1-3000x2000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwMjk3Nn0:1uupcn:-mpPi_DPUX7SaaknsIr6KhNA26msgVDlxTb6JD4afwc" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
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                  Picture Alliance/Getty Images
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                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Ffactory_1f3ed.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwMzgzfQ:1uupcn:CNdzx3gQOpn1yKQj2KEd_jKO6kHG-3c5sWTWVK8qaXY" style="max-width:18px" width="18"/>
                  Hundreds arrested in immigration raid at Hyundai battery plant.
                 </strong>
                 Most of the 475 workers who were
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  arrested
                 </a>
                 at the Georgia factory, a joint venture between the automaker and battery company LG Energy Solution, were South Korean nationals. A US official said those arrested were not legally able to work in the US and called it “the largest single site enforcement operation in the history of Homeland Security investigations.” South Korea has raised concerns, and the arrests are likely to increase tensions between the US and South Korea, following intense tariff negotiations that ended with a 15% import tax on South Korean goods and a pledge by the country to invest $350 billion in the US.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fdesktop-computer_1f5a5.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwNDY5NX0:1uupcn:ORxXP--PgpUpwa-nTWq_MFywagHF4AN9rROEwHKz_E4" style="max-width:18px" width="18"/>
                  Google fined $3.5b in EU ad-tech antitrust case.
                 </strong>
                 The European Union slapped the American search giant with its second-largest antitrust fine ever yesterday (the largest was also against Google), after its competition regulator
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  found
                 </a>
                 the company had unfairly favored its own advertising tech. The decision comes as President Trump has claimed the bloc discriminates against American companies in its tech regulation. In a Truth Social post yesterday, the president
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  threatened
                 </a>
                 a trade probe in order to “nullify the unfair penalties being charged to these Taxpaying American Companies.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fbooks_1f4da.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwNTUzNH0:1uupcn:DtGSaKC4q8SBnBRiSjxX86YALBDlErWC3x4TTCCZ8w0" style="max-width:18px" width="18"/>
                  Anthropic to pay $1.5b to settle authors’ copyright claims.
                 </strong>
                 In the first major settlement by an AI company over training its model on copyrighted works, Anthropic
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  has agreed
                 </a>
                 to shell out $1.5 billion to resolve claims by authors that it downloaded pirated copies of their books for training. The settlement must still be approved by a judge, but if it had gone to trial and lost the case, Anthropic could have faced $1 trillion in damages to the authors of 7 million books, per Bloomberg. The deal comes as dozens of suits remain pending against Anthropic and its competitors in the AI space over the use of intellectual property to train their models.
                 <em>
                  —AR
                 </em>
                </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            EXECUTIVE COMP
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 A $1 trillion carrot for you, sir
                </a>
               </h1>
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             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Facing off-camera, Elon Musk smiles widely in a suit." src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F9d46fc51315e99f8fc3b54a83778e52c0fb02526-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMwNjQ0fQ:1uupcn:rlaXuU_6FrbHD-cwMgg-EroPv6MvXxM5q22er4_pbTY" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
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                  Chesnot/Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Tesla’s board is seeking the world’s biggest ever
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  pay package
                 </a>
                 for Elon Musk in order to keep him “motivated and focused on delivering for the company,” the board’s chair told CNBC yesterday. We are now going to complain loudly about feeling distracted and uninspired at work.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The pay plan would award Musk an additional 12% stake in Tesla, ultimately worth $1 trillion,
                 <em>
                  if
                 </em>
                 the company hits lofty milestones over the next decade. This would bring Musk’s total Tesla stake to 29%, granting his wish for more shareholder voting power. For Musk to get the full payday, Tesla would need to:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Grow its value to $8.5 trillion. That’s roughly 8x the company’s current market cap.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Send adjusted EBITDA shooting to $400 billion, 24x what it reported last year.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Deliver millions more vehicles, boost self-driving subscriptions, and get 1 million robots and robotaxis, respectively, into circulation. Both robo divisions have
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    lagged
                   </a>
                  </span>
                  <span>
                   far
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    behind
                   </a>
                  </span>
                  <span>
                   Musk’s promises.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Less talky, more worky:
                 </strong>
                 Tesla’s board is scrambling to get Musk to show more commitment—many investors have lost faith in him after an X-fueled few years of political involvement that prompted
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  backlash
                 </a>
                 against the Tesla brand, worsening a broader
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  sales slump
                 </a>
                 .
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 shareholders will vote on the package in November. It could get held up even if it’s approved—after an investor sued, a judge struck down Musk’s $56 billion compensation package from 2018, which he’s
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  appealing
                 </a>
                 .
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Fisher Investments
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               7 ways to achieve a comfortable retirement.
              </strong>
              Retirement planning shouldn’t be complicated.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               <em>
                The Definitive Guide to Retirement Income
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              can help you feel confident about your financial future. Explore seven income streams to help keep a $1m portfolio growing for years to come.
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               Learn more
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              .
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            ICYMI
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                 Have you heard...
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                 <em>
                  Here’s everything that didn’t make it into this week’s newsletters but we immediately sent to the group chat.
                 </em>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxMDg0fQ:1uupcn:8hyZd_WWpebBAsvPMUweE1TjEqD65dnXqXbsozgTlAk" style="max-width:18px" width="18"/>
                 The
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  setting
                 </a>
                 for the fourth season of the hit HBO show
                 <em>
                  The White Lotus
                 </em>
                 will be somewhere in France. How many more murders have to happen on resort property before travel agents start recommending a Motel 6 instead?
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxMTY4NX0:1uupcn:I39c5ywxh2HWqPzm56bbm0sgbq6nztqAZ0t6efjFZBw" style="max-width:18px" width="18"/>
                 Gen Z TikTokers are
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  heralding
                 </a>
                 beer over ice as the most refreshing way to enjoy a cold one. Older generations aren’t happy, reminiscing about the good old days when they would unwind after a long day with an old, warm Michelob Ultra from the barely working garage fridge.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxMjUyMn0:1uupcn:Eb966ldjmgetbZ5T7mOkFNnDPaLtj_xbJOL2C2-pzBI" style="max-width:18px" width="18"/>
                 Dwayne Johnson received a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  15-minute standing ovation
                 </a>
                 from an audience at the Venice Film Festival for his performance in
                 <em>
                  The Smashing Machine
                 </em>
                 . That’s actually one minute shorter than the ovation he received when he confirmed there wouldn’t be a
                 <em>
                  Black Adam
                 </em>
                 sequel.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxMzM1NH0:1uupcn:RMJa6rueRAx6nMVbWMJfTZy-9L7HBsXNQf_r2eGErZM" style="max-width:18px" width="18"/>
                 A penthouse in Honolulu, HI, is set to sell for at least
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  $40 million
                 </a>
                 . If the deal goes through, the eight-bedroom property right on the ocean would set the record for priciest condo ever sold in Hawaii, and it won’t even be finished until 2030. Only five more years until the housewarming party, so start looking now for a
                 <em>
                  really
                 </em>
                 nice bottle of pinot.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxNDIxN30:1uupcn:ZJ9IAcF0YhTwfS-qQdJ5qsFYuPrdjhNhW_Kq5baBJHc" style="max-width:18px" width="18"/>
                 A snail in New Zealand named Ned is
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  doomed
                 </a>
                 to never find a mate. He has a shell that coils to the left instead of the right, making him one of the 1 in 40,000 snails whose sex organs don’t line up with the rest of the species. That makes him involuntarily shellibate.—
                 <em>
                  DL, MM
                 </em>
                </p>
               </td>
              </tr>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            NEWS
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
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                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Tylenol-maker Kenvue’s
                   </a>
                  </span>
                  <span>
                   stock fell yesterday after the Wall Street Journal reported that HHS Secretary Robert F. Kennedy Jr. plans to release a report linking taking the painkiller during pregnancy to autism. The company said it has evaluated the science and believes “there is no causal link.”
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    President Trump
                   </a>
                  </span>
                  <span>
                   signed an executive order to change the name of the Department of Defense to the Department of War, signaling a willingness to go on the offensive.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Warner Bros.
                   </a>
                  </span>
                  <span>
                   became the latest Hollywood studio to sue Midjourney, claiming the AI image generator created images and videos of copyrighted characters like Superman and Bugs Bunny.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Roblox
                   </a>
                  </span>
                  <span>
                   announced plans to launch its own TikTok-style short-form video app in a bid to capture whatever it doesn’t already have of kids’ attention.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
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           <h3 style="color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            Together With Function Health
           </h3>
          </div>
          <a style="border:none;text-decoration:none" target="_blank">
           <img alt="Function Health" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F32fbafc1d28b6d49253398ee499c144b0803ed1d-2000x1250.jpg%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxNTExNn0:1uupcn:vwN4HULPcN8NRH-wKwMqXpiJ0HGj6na1NAO9SVznMqY" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
          </a>
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            <td class="sponsored-body content-container story-content" style="padding:15px">
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               The checkup that checks out.
              </strong>
              Your annual wellness check isn’t cutting it anymore. To really take control of your health, you need more than just a stethoscope. You need
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               real data
              </a>
              , like what Function Health can offer through access to advanced lab testing with no insurance required.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Join for $499/year
              </a>
              .
             </p>
            </td>
           </tr>
          </table>
         </td>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            COMMUNITY
           </h3>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Crowd work
                </a>
               </h1>
              </div>
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               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Last week, we asked, “What is your dream home?” Here are some of our favorite responses:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “Southern colonial with the wrap-around porch on a 10-acre ranch, with a babbling brook I can listen to while sitting by a fire talking to my horses.”
                  </span>
                  <span>
                   <em>
                    —Sherryann from Michigan
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “Anything designed by Frank Lloyd Wright. From a Usonian house (especially one in his Usonian city) to Fallingwater. I’m not picky, and I’ll gladly place a bucket wherever the roof leaks—a Mr. Wright trademark.”
                  </span>
                  <span>
                   <em>
                    —Jody from Green Bay
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “My dream home would be a 20-foot sprinter van with a bed, microwave, refrigerator, sink with water, a shower, a portable toilet, and rear A/C. For power, I’d like to have a lithium battery that can be charged by an alternator, shore power, and/or solar panels on the roof. I would just tour our great country and live in peace, love, and tranquility.”
                  </span>
                  <span>
                   <em>
                    —Tim from Sevierville, TN
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “Sleek, spacious, modern architecture with drought-tolerant plants, zen garden, bomb shelter (you never know), and an infinity pool.”
                  </span>
                  <span>
                   <em>
                    —Ella from San Jose, CA
                   </em>
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 <strong style="color:#000">
                  This week’s question
                 </strong>
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 What’s the most unusual mom-and-pop establishment you’ve ever visited, and what did you buy there?
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Matty’s answer to get the juices flowing:
                 </strong>
                 “There’s a place in Chicago where you can rent cheap karaoke rooms. The walls are filled with photos of famous people—not necessarily people who have visited the business, just famous people in general. The largest photo in the place is a giant poster board-sized print of Charlie Sheen as the president in
                 <em>
                  Machete Kills
                 </em>
                 . I bought an appetizer sampler platter at the bar, obviously.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Submit your answer here
                 </a>
                 .
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
          </div>
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           <tr>
            <td class="story-content">
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              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxNTk5fQ:1uupcn:A1Fecrrnm4bVlHlvUZgukRTJBXk14eCZJJ4ve8pzhKc" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxNjgyOH0:1uupcn:Qzz91V7kQ2l85xxP1V8PArMHX1aMfr2-0AHbDhYCJxI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Staple:
                  </strong>
                  Buy yourself a gorgeous
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   red stapler
                  </a>
                  and be an absolute freak about it.**
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxNzY1fQ:1uupcn:TBTh6NPTIafvUz8-Rs_0TKUSt9TszNXjXEGL3d4wFc0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Eat:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   best diner
                  </a>
                  in every state.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxODY4N30:1uupcn:JjYtLEaIxkSFH3CsSuYMB9SU8Edhd1JWtyaZnGVNsX0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Explore far, far away:
                  </strong>
                  An
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   official map
                  </a>
                  of the Star Wars galaxy.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMxOTU3fQ:1uupcn:1IgGc0mlmBJSrT5I_aEpGvx0UBFLXRTsFnlS2cJDcl4" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Be original:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   A visualization
                  </a>
                  of the most common PIN codes.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <strong style="color:#000">
                   <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMyMDQzNX0:1uupcn:UYrGc-z7QosZ5v6WWUpc6wr2_-FD7ckA2IAIP4DeL0U" style="max-width:18px" width="18"/>
                   Fall’s here—time to upgrade:
                  </strong>
                  From tailored wool suits to ChillFlex performance casuals,
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Men’s Wearhouse
                  </a>
                  delivers polish and comfort for every moment.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Shop the season’s essentials now and own your style
                  </a>
                  .*
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <strong style="color:#000">
                   <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMyMTI4OX0:1uupcn:xHc3vwCe6Aa0yb6_NDSJWDCqHj9DMrnsZ-VLag35pXU" style="max-width:18px" width="18"/>
                   Like a boss:
                  </strong>
                  Tara Reed hosts the
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   <em>
                    Bossy
                   </em>
                   live virtual
                  </a>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   workshop series
                  </a>
                  where entrepreneurs can learn how to grow their business with tech solutions.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Sign up here
                  </a>
                  .*
                 </p>
                 <placementslot data-id="297b5d5871c3">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product
                   </em>
                   <em>
                    recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
                 </p>
                </div>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
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           <tr>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3524949da8d220051120175f97246671d52e0b38-2700x660.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTcxNTI0NjUuMjMyMjQxNn0:1uupcn:skLLsS8jM4yv6rZzIVUnaWyFTsQbU9PKkYmUekjeq7g" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
               </span>
              </p>
             </div>
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               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Crossword:
                 </strong>
                 Is it even the weekend if you don’t start your day with a crossword? No need to find out,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  because you can complete ours here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Open House
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Welcome to Open House, the only newsletter section flush with Dutch tenon beams. We’ll give you a few facts about a listing, and you try to guess the price.
                </p>
                <img alt="Open House: Ghent, NY home on farm." class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2025-09-05%252Fimage-ea0e7b2035076879f2265c67aa90e6ad6eec3202-1200x792-gif%252Fghent.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3NTcxNTI0NjUuMjMyMzUxOH0:1uupcn:U9ixexNGnUUn-sYcMDefkoxVqVzb7rrDkOEdZy39g7s" style="display:block;width:100%!important" width="670"/>
                <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                 <small>
                  <em>
                   Zillow
                  </em>
                 </small>
                </span>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s property is a stunning compound on 47 acres of lush rolling hills in Ghent, NY. It includes a 2,400-square-foot main house, a converted barn (now a guesthouse), and another barn that is still very much a barn. Amenities include:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   5 beds, 5 baths
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Swimming pond
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   A 2.5-hour drive from NYC if you get bored
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 How much for the idyllic upstate getaway?
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            SHARE THE BREW
           </h3>
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                  Share Morning Brew
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                 with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
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                 We’re saying we’ll give you free stuff and more friends if you share a link. One link.
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                 Click to Share
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                 Or copy &amp; paste your referral link to others:
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                  $2.6 million
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                  Word of the Day
                 </span>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: tenon, meaning “a projecting member in a piece of wood or other material for insertion into a mortise to make a joint” (for extra credit, “mortise” means “a cavity cut into a piece of material for another piece to fit in”). Thanks to Amelia from Dover, MA, for the suggestion. Submit another Word of the Day
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
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               ✢ A Note From Pacaso
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             <span style="font-size:10px">
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               This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at
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                invest.pacaso.com
               </a>
               . Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals.
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