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<img alt="Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F65e2f7af234829dba0f11606a9a1430efab65892-1350x330.png%253Fw%253D900%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5MDM0Mn0:1vDJY6:dr_l1fiJHyMTojQg79GLETrQsZaUm6cOCg9akLdYDaI" style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block" width="670"/>
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Presented By
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<a style="border-botton:none!important" target="_blank">
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Good morning.
</strong>
Public service announcement: While the US is not turning its clocks back until Sunday, Nov. 2, the UK and Europe
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
already did
</a>
. That means the usual time differences observed between the opposite sides of the Atlantic are now one hour shorter. If math is not your friend,
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
keep this site handy
</a>
.
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
—
<em>
Brendan Cosgrove, Holly Van Leuven, Neal Freyman
</em>
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</td>
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</table>
<!--[if !mso]> <! -- -->
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<!-- END HEADER -->
<!-- MARKETS -->
<!--[if !mso ]><! -- -->
<div class="c7">
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<th class="card" style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block">
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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">
MARKETS: YEAR-TO-DATE
</h3>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="pad5m">
</td>
</tr>
<!-- Nasdaq -->
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5MjQzM30:1vDJY6:ld4Uhjqq_RxMZ_ZLGjsYoXJRf3B_vnNU9jB7tKbwZ7o" 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">
Nasdaq
</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">
23,204.87
</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">
+20.17%
</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">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5MzM2N30:1vDJY6:sq7kFHCXRUVIxryqH-tfsxyCMIzakgpN05_9I-OF2_Y" 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&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">
6,791.69
</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">
+15.47%
</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">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5NDI3OH0:1vDJY6:RIcr61VKJgTFf3ibKN2OuboskqxTRltMHQ883Y78IUU" 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">
47,207.12
</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">
+10.96%
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5NTE4NH0:1vDJY6:UJrbhkichN2iwWbw0cZXfNwka1sHsJd_dJ2pCFYz2Ws" 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">
3.997%
</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">
-57.6 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5NjA4M30:1vDJY6:rje8NxttOtSVEGSx0YRgcnfmnVIKDXKVUaEB2ClY0pU" 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">
$115,500.52
</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">
+23.62%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- Warner Bros. Discovery -->
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5Njk4Nn0:1vDJY6:7U1j3HHl7cYmcu-qezAv3gvkK4OXAn1qvE4ea29a0N8" 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">
Warner Bros. Discovery
</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">
$21.15
</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">
+100.09%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Warner Bros. Discovery -->
<!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzM5Nzk0M30:1vDJY6:2spbSATNjhQwdz2-j8HTkCqkvG5Xxcz8n_HlOoEWHxM" 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 4:00am 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>
The three major indexes ended last week not only in the green, but at record highs, and it looks like
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
the good times may roll
</a>
</span>
<span>
into this one. Investors anticipate another interest rate cut after the Federal Reserve meets this week, and trade tensions between the US and China may also be chilling out (more on that below).
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
<strong style="color:#000">
Stock spotlight:
</strong>
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Warner Bros. Discovery
</a>
</span>
<span>
is having what Frank Sinatra might have considered a very good year. In April, the stock hit a 52-week low after getting downgraded. But in late September, Warner Bros. became the first studio to earn $4 billion at the global box office this year. Last week, the company reported that it received multiple “unsolicited” acquisition offers. It’s like Frank Sinatra also sang—you’re nobody ’til somebody offers $23.50 a share for you.
</span>
</li>
</ul>
<div style="display:none">
</div>
</td>
</tr>
<tr>
<td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
<div style="background-color:#e8e8e8;margin-top:0;margin-bottom:15px;padding:15px;line-height:22px">
<p style="margin-top:0;margin-bottom:0;line-height:22px">
<strong style="color:#1c7ff2;font-size:16px">
Markets Sponsored by Death & Co
</strong>
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
This opportunity ends in three days.
</strong>
Tap into Death & Co’s 5x growth potential as they scale their award-winning hospitality brand worldwide.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Invest in Death & Co by Oct. 30
</a>
.
</p>
</div>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
</div>
<!-- <![endif]-->
<!-- END MARKETS -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
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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">
TRADE
</h3>
</div>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Trump threatens 10% tariff on Canada over TV ad
</a>
</h1>
</div>
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<a style="border:none;text-decoration:none" target="_blank">
<img alt="President Trump next to Canadian Prime Minister Mark Carney." src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-27%252Fimage-400371c0259c3d138beb3fb44c3c05af1b0f0b6e-6815x4599-jpg%252FWorldLeadersConvergeInCanadaForG7Summit/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzM5OTA3fQ:1vDJY6:3K9-u1CXrMhP5FMoNVgRDVJl3vKYUfjxIfegd3QVgwE" 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>
President Trump and Canadian PM Mark Carney. Chip Somodevilla/Getty Images
</em>
</small>
</span>
</p>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Super Bowl ads are notoriously expensive to run, but a commercial aired by the province of Ontario during the World Series may prove more costly than ever previously imagined.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
What is going on up there?
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
To get the attention of US audiences, Doug Ford, the Conservative premier of Ontario, commissioned an ad featuring audio from a
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
1987 speech
</a>
in which then-President Ronald Reagan said he didn’t like implementing tariffs because they “hurt every American worker and consumer.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The government of Ontario planned to spend $75 million broadcasting it to the States. Then, the Toronto Blue Jays, based in Ontario, punched their ticket to the World Series, making the province a bit more relevant than usual to Americans.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
The ad displeased the president.
</strong>
On Friday morning, President Trump took to Truth Social to
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
condemn the commercial
</a>
, saying it misrepresented Reagan’s position on tariffs and that it was meant to influence the Supreme Court before a hearing on the legality of many of Trump’s tariffs next month. An escalating series of events followed:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
President Trump halted all trade talks with Canada over the ad.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Premier Ford said he had spoken to Prime Minister Mark Carney, who is actually in charge of Canada, and as a result, he would pause the commercial on Monday…
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
…But that meant it aired during the World Series games on Friday and Saturday nights.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
In retaliation, Trump announced a new 10% tariff on Canada.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Ad(d) it all up:
</strong>
The US already has a 35% general tariff on Canada, but the actual duty level can depend on the type of goods or whether they comply with the US-Mexico-Canada Agreement.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Now what?
</strong>
Carney and Trump will be in Malaysia for the Association of Southeast Asian Nations summit this week. Carney said he’s willing to talk trade, but Trump said he’s not planning on meeting him.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
As for the World Series, the Los Angeles Dodgers and Toronto Blue Jays are tied 1–1. Probably no one will be reading into how this goes down...—
<em>
BC
</em>
</p>
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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">
Presented By Death & Co
</h3>
</div>
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<h1 style="color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
<a style="text-decoration:none;color:#000!important;border-bottom:none!important" target="blank">
<strong style="color:#000">
Hospitality’s next big move
</strong>
</a>
</h1>
</div>
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Death & Co" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-24%252Fimage-4e77a31024c41fbc6111cd5db5d3ab18fd317c30-1200x800-png%252FDeath%2526Co10-27.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQwMzM3OH0:1vDJY6:6Y-Q0P0_Ei410WSaoRjlDIbCmGHx8-qLcVDM3bxnrg4" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The most valuable hospitality brands don’t just serve guests. They design interconnected ecosystems that drive loyalty, culture, and growth.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
That’s the story of
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Death & Co
</a>
. What began as a single East Village cocktail bar has evolved into a cultural icon. Now, with boutique hotels anchored by their award-winning bars, they’re building destinations where locals and travelers truly want to be.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Death & Co is
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
scaling with intention and momentum
</a>
. Their newest hotel, Municipal Grand in Savannah, was recently featured in Bloomberg, which called it the natural move for “a company that has already mastered the art of experience.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
With six more openings this year, the next chapter is unfolding fast. Step into the story.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Become part of what’s next for Death & Co before Oct. 30
</a>
.
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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">
WORLD
</h3>
</div>
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<tr>
<td class="story-content">
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Tour de headlines
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Javier Milei at election victory rally" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-27%252Fimage-27eef71cac6e596d12ac8e06132709fb969e7f84-5472x3648-jpg%252FArgentinaHoldsMid-termElectionAmidEconomicCrisis/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQwNDU1NH0:1vDJY6:LonfWqjaG9DXHesUdVlzfu97rzMtlZeARCqCE2nlhU8" 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>
Tomas Cuesta/Getty Images
</em>
</small>
</span>
</p>
</div>
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<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%252Fflag-for-argentina_1f1e6-1f1f7.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQwNTV9:1vDJY6:7EoxDvUJgr5E2o_y_QmKIhV8_yrNQGkY3-yz_8nq_2Y" style="max-width:18px" width="18"/>
<strong style="color:#000">
Milei’s party wins big in Argentina’s midterm elections.
</strong>
Argentine President Javier Milei’s
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
La Libertad Avanza party
</a>
won 41% of the votes with 90% of ballots counted, handily outperforming market predictions that it would win 30% of available seats. With the new gains in both houses of Argentina’s Congress, Milei’s presidential vetoes will be upheld and his ambitious, unorthodox economic reform will continue apace. Milei, a libertarian, is an ally of President Trump. The Trump administration recently pledged $20 billion to help Argentina’s struggling economy, but Trump also suggested he could rescind the offer if Milei’s party lost Sunday’s elections, saying earlier this month, “If he doesn’t win, we’re gone.”
</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%252Fflag-for-united-states_1f1fa-1f1f8.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQwNjQxNn0:1vDJY6:NSvwFZDwqLfDZaDF6uzxhxOMxPNNWYAuawkUiNMsA4Q" style="max-width:18px" width="18"/>
<strong style="color:#000">
US Navy helicopter and jet fighter crash into South China Sea.
</strong>
The incidents took place
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
30 minutes apart
</a>
on Sunday afternoon local time, and search-and-rescue teams brought the five crew members from both aircraft to safety. The MH-60R Sea Hawk helicopter and F/A-18F Super Hornet fighter originated from the USS Nimitz aircraft carrier before crashing into the same waters, according to the US Pacific Fleet. The Nimitz is transiting the South China Sea on its way back to the US West Coast, where it has been scheduled to be decommissioned next year. The incidents coincide with President Trump’s trip to Asia and are under investigation.
</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%252Fgem-stone_1f48e.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQwNzMzOX0:1vDJY6:nNASHh4l_5rawh3pBrVQhvMfoZZ11Qh3HLVYrE9ZK1o" style="max-width:18px" width="18"/>
<strong style="color:#000">
Suspects arrested in connection with Louvre museum heist.
</strong>
Two men are in custody following
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
last Sunday’s burglary
</a>
of crown jewels at the famed Paris museum, according to French media. The BBC reported that one of the suspects was trying to travel to Algeria and the other to Mali. DNA evidence left at the crime scene helped police locate both suspects. However, the Paris prosecutor criticized leaks about the case, saying it “hindered” efforts to find the jewels and the thieves. The prosecutor’s office confirmed the arrests took place on Saturday evening, but said no further details would be provided until after the 96-hour custody window ended. There is no word on whether any of the stolen artifacts have been recovered. There’s also no word on what role
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Dapper Man
</a>
may have played in bringing these two into custody.—
<em>
HVL
</em>
</p>
</td>
</tr>
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</td>
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FOOD & BEV
</h3>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Is this bagel chain the next monoculture?
</a>
</h1>
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<a style="border:none;text-decoration:none" target="_blank">
<img alt="a popup bagels location" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-27%252Fimage-0534e93a7ce1ec1ce99448106758fbce7280bcee-5000x3333-jpg%252FESPNCelebratesNBASeasonTip-OffWith%2522FoodCourt%2522ExperienceAtPopUpBagelsInNYCOnOctober22/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQwODUwNH0:1vDJY6:tfP-2kAGxdpwB8GZqhgDkwc59kp-fy6THU-tAjPnX9A" 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>
Roy Rochlin/Getty Images
</em>
</small>
</span>
</p>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Private equity is plowing some serious dough into bagels. Stripes, a firm that’s invested in high-end grocery chain Erewhon and Levain Bakery, wants to make PopUp Bagels “
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
a national bagel juggernaut
</a>
,” Bloomberg reported.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Who?
</strong>
PopUp Bagels began as a pandemic project in Connecticut and achieved virality on TikTok. It offers smaller, fluffier bagels and encourages patrons to “grip it, rip it, and dip it” rather than slice.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
B(re)aking new ground
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
According to Bloomberg, a successful national bagel chain hasn’t taken hold because the bagel biz is labor-intensive and low-margin. The biggest player is Einstein Bros. Bagels, which operates around 600 stores in the US.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
PopUp plans to open 300 locations in the next four years, and it thinks it can go mainstream with:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Better margins. The minimum order is three bagels and a container of schmear, which costs between $13 and $17.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
A “barebones” business model. Locations have a small footprint with minimal seating.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
PopUp was recently valued at $60 million. It is reportedly already profitable.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Back of the napkin math:
</strong>
It’s easier to get into Harvard than it is to get a PopUp Bagel franchise. PopUp is not currently accepting new applications after selecting 15 from 2,500 inquiries. Fittingly, the chain just opened a location in Harvard Square in Cambridge, MA.—
<em>
HVL
</em>
</p>
</td>
</tr>
<tr>
<td class="social-container" style="padding-bottom:15px;padding-left:15px">
<!-- SOCIAL LINKS -->
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<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F75fb8a70db5f5bc6b7210cdde05dfa91eeb3f0ef-96x96.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzQwOTQ1Nn0:1vDJY6:06UAy7nXtiufGOR9uUEFjao15KXOyHvIhCp2a5xgXow" style="width:25px;display:inline-block" width="25"/>
</a>
<span>
</span>
<a rel="noopener" style="text-decoration:none" target="_blank">
<img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Ff61048cc7cca6e313215d18ddc546bbb9f5279dd-96x96.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjE1NTczOTguNzQxMDM4OH0:1vDJY6:-OkRr0rVr4EU6svBHt-xz5fTGL-lBaJghA3j_dJPUEU" style="width:25px;display:inline-block" width="25"/>
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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 Uber
</h3>
</div>
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Uber" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-09%252Fimage-84736256e83a4c584c6f8ea5b3399735f0abef4b-1000x750-png%252F250528_PARENTBRAND_GRANDPA-2128_1000x750_2%25282%2529.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQxMjQyfQ:1vDJY6:ptxDbYYLW40jc0n2Wu7-xrFn-2JIQ0XhZZcX83oMQzA" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
The ride that keeps showing up.
</strong>
A ride. A meal. A moment that matters.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Uber
</a>
is not just about getting from A to B; it’s about showing up for bedtime stories, pizza nights, or a friend who needs you. Wherever life pulls you, Uber is on the way.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
See how they show up
</a>
.
</p>
</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">
CALENDAR
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
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<td class="story-content">
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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">
The week ahead
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Game 1 of World Series 2025" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-27%252Fimage-c9777c34adba0b33a0ba47d1e6675a9d8bb0fe2e-5556x3704-jpg%252FWorldSeries-LosAngelesDodgersvTorontoBlueJays-GameOne/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQxMzQ4M30:1vDJY6:iDV2g6RAXFINBnGoP1loUUO4-4JGZMAmK9dAmSjoPoA" 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>
Emilee Chinn/Getty Images
</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">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
President Trump is set to meet with Chinese President Xi Jinping:
</strong>
Treasury Secretary Scott Bessent and Chinese officials have been engaged in trade talks to lay the groundwork for the leaders’ expected face-to-face in South Korea on Thursday. Bessent told NBC he expects a “very productive” meeting, saying headway has been made on a TikTok deal, soybean purchases, and rare earth exports. Bessent told CBS yesterday that a 100% tariff that was set to be imposed on China this Saturday is now “effectively off the table.” During his Asia trip this week, Trump will attend the Association of Southeast Asian Nations (ASEAN) summit in Malaysia, visit Japan to meet with the country’s new prime minister, Sanae Takaichi, and then attend the Asia-Pacific Economic Cooperation (APEC) summit in South Korea.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
A magnificent earnings week:
</strong>
More than 170 companies are expected to report earnings this week, including most of the Magnificent Seven. Alphabet, Microsoft, and Meta report on Wednesday, while Amazon and Apple announce results on Thursday. Beyond that, we’ll hear from a variety of industries this week. UnitedHealth, UPS, and Visa report on Tuesday, while Boeing, Caterpillar, CVS, Chipotle, Carvana, and Starbucks report on Wednesday. Mastercard, Eli Lilly, and Merck post results on Thursday, while Chevron and Exxon report on Friday.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Waiting for a second rate cut:
</strong>
Inflation ticked up to 3% in September, but investors don’t expect that to shake the Federal Reserve off of a second straight rate cut when it meets on Wednesday. Markets will also be reading the tea leaves on whether the central bank will cut rates again at its next meeting in December—a decision that could be impacted by the lack of official government data amid the shutdown.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Everything else:
</strong>
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
We’ll have a World Series winner by the end of the week. The Toronto Blue Jays and Los Angeles Dodgers are tied 1–1, with games planned today, tomorrow, Wednesday, Friday (if necessary), and Saturday (if necessary).
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Fresh consumer confidence numbers will be released tomorrow.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Netflix’s
</span>
<span>
<em>
Selling Sunset
</em>
</span>
<span>
is back for a ninth season on Wednesday.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
The new season of
</span>
<span>
<em>
The Witcher
</em>
</span>
<span>
hits Netflix on Thursday, with Liam Hemsworth replacing Henry Cavill in the lead role.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Florence and the Machine’s new album,
</span>
<span>
<em>
Everybody Scream
</em>
</span>
<span>
, will be out on Friday.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Friday is Halloween. Friday night is when your house gets egged if you hand out floss to trick-or-treaters.
</span>
</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
</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">
STAT
</h3>
</div>
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<tr>
<td class="story-content">
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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">
Prime number: Deli meats hit record prices
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="cold cuts" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-10-27%252Fimage-6142efe1335b6464c68490a2b1659126363cf24d-4800x3200-jpg%252FColdCuts/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQxNDQ2N30:1vDJY6:Ip310xSMZNa1TV3HcAS4gmvjxV3mDEackruSHDdFY0I" 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>
Factory16/Getty Images
</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">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Even if you previously thought Meatless Monday was kinda lame, this may send you reaching for the peanut butter jar. Consumer prices for lunchmeats experienced the
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
largest monthly increase on record
</a>
in September—4.2%—according to Bureau of Labor Statistics data reported by Bloomberg.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
While last year’s listeria recalls battered the sector, its current woes are more directly attributable to record US beef prices, smaller domestic pig and cattle herds, a worker shortage, and President Trump’s 50% tariff on imports from Brazil.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
“Everybody has to raise prices along the food chain,” American Association of Meat Processors Spokesman Sam Gazdziak told Bloomberg. “It has a ripple effect.”—
<em>
HVL
</em>
</p>
</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">
NEWS
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
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<div class="title-container" style="padding:0 15px">
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
What else is brewing
</a>
</h1>
</div>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="content-container" style="padding:15px">
<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">
Hurricane Melissa
</a>
</span>
<span>
strengthened into a Category 4 storm as it approaches Jamaica.
</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">
Treasury Secretary Scott Bessent
</a>
</span>
<span>
said on ABC’s
</span>
<span>
<em>
The Week
</em>
</span>
<span>
that the financial pain of the trade war with China hurts him personally because “I’m actually a soybean farmer.”
</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">
Delta and United Airlines
</a>
</span>
<span>
are lapping American Airlines in the luxury travel boom.
</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">
Parachutists
</a>
</span>
<span>
have descended upon Yosemite National Park to jump off El Capitan during the government shutdown, which is illegal and may result in a $5,000 fine and six months in jail if caught.
</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">
The Taco Bell concept chain
</a>
</span>
<span>
, Live Más Cafés, wants to become a $5 billion drinks business by 2030.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Real Madrid
</a>
</span>
<span>
beat Barcelona 2–1 in yesterday’s El Clásico match. Bet that was on their Wi$h Li$t.
</span>
</li>
</ul>
</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">
RECS
</h3>
</div>
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<img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330-png%252FMB_todo_banner.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQxNTQ3fQ:1vDJY6:V3ffnOs91SjWq4bdB3f4YmPw_B4Z3Gu2mBneIzKKJbo" 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>
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<tr>
<td class="content-container" style="padding:15px">
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<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQxNjM0Nn0:1vDJY6:ivmnGAiBzOEn803gZAsmrR-lziOBsNB6bNK-h3KoolI" style="max-width:18px" width="18"/>
Gift:
</strong>
Here’s what to give
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
the nerd in your life
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQxNzIyNn0:1vDJY6:kVATGd5ZpA9DfbJQW5a3qGg_lIFs4-L3pGiaXkRZVMc" style="max-width:18px" width="18"/>
Good read:
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Sir Anthony Hopkins
</a>
talks about acting and much more in this new interview.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQxODExOH0:1vDJY6:cF3ohoCj00nUaQsJc8PF71z6PkQt-c_U95g57IcXgwQ" style="max-width:18px" width="18"/>
Seems bad:
</strong>
Researchers found that anyone can steal data from satellites with
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
$750 worth of equipment
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQxOTAwMn0:1vDJY6:8IdAN43wSh2-cmMxZlay8jAyNZ6BlHUgxmpks6LcilM" style="max-width:18px" width="18"/>
Argle-bargle:
</strong>
Here are the
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
seven worst sibling rivalries
</a>
in history.
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjE1NTczOTguNzQxOTg3Mn0:1vDJY6:zUoEkNsiDy1he1oq39fKqpe28ZAwTiNTvUHdgJpvhPs" style="max-width:18px" width="18"/>
<strong style="color:#000">
Consider canceling your insurance:
</strong>
Are you wasting hundreds every year on overpriced car insurance? FinanceBuzz has a
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
free new tool
</a>
to help you find out.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
See how much you could save
</a>
.*
</p>
<placementslot data-id="d8be80a67bc2">
</placementslot>
<placementslot data-id="92e7ad8af974">
</placementslot>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<sup>
<em>
*A message from our sponsor. **This article contains product recommendations from our writers. When you buy through these links, Morning Brew may earn a commission.
</em>
</sup>
</p>
</div>
</td>
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</td>
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</table>
</td>
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</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">
PLAY
</h3>
</div>
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<tr>
<td class="story-content">
<div class="header-image-container" style="padding-top:15px">
<img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-3524949da8d220051120175f97246671d52e0b38-2700x660-png%252FIMG_9052.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjE1NTczOTguNzQyMTA2NH0:1vDJY6:GPMAtDuuoyRyPTimfGpC02P0s_Tt5QBtuK4D4d6Po0w" 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">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Turntable:
</strong>
Drop (everything) and give us 40 (words).
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Play Turntable here
</a>
.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Horror movie trivia
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
What are the Top 2 highest-grossing horror movies of all time?
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Hint: The first was released in 2017 and is adapted from a book. The second was released in 1999 and was nominated for six Oscars.
</p>
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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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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Share Morning Brew
</a>
with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
We’re saying we’ll give you free stuff and more friends if you share a link. One link.
</p>
<a>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
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</p>
</a>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<b>
Your referral count:
</b>
0
</p>
<a class="stb-btn" style="color:#fff;text-align:center;background-color:#1c7ff2;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important">
Click to Share
</a>
<p style="margin-top:15px;margin-bottom:15px;line-height:22px">
Or copy & paste your referral link to others:
<br/>
<a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
morningbrew.com/daily/r/?kid=979c4554
</a>
</p>
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</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">
ANSWER
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
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<td class="content-container" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
1)
<em>
It
</em>
2)
<em>
The Sixth Sense
</em>
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<br/>
<span style="text-decoration:underline">
Word of the Day
</span>
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Today’s Word of the Day is: argle-bargle, meaning “a lively argument or dispute.” Thanks to Lucy J. from Las Cruces, NM, and dozens of others with whom she has surely never quarreled for sending along the suggestion. Submit another Word of the Day
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
here
</a>
.
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<p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
<strong style="color:#000">
✢ A Note From Death & Co
</strong>
</p>
<span style="font-size:10px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
This is a paid advertisement for Death & Company’s Regulation A offering. Past performance is not indicative of future results. Please read the offering circular at
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
invest.deathandcompany.com
</a>
.
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