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   Daily Brew // Morning Brew // Update
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     Southwest officially ends its free bag policy...
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             May 28, 2025
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               Good morning.
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              Ho-hum, just another Everest summit for Kami Rita Sherpa. The 55-year-old Nepali guide scaled the world’s tallest mountain
              <em>
               again
              </em>
              on Tuesday, breaking his own record with a 31st Everest summit. He said it all boils down to his daily routine of waking up and immediately opening Instagram.
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               —Dave Lozo, Sam Klebanov, Matty Merritt, Adam Epstein, Neal Freyman
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               MARKETS
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            <!-- 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">
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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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE4Mjc2OH0:1uKDHq:5anh5odThUjAMndELREG_TR2XuBB2UkWyjbO1p0QyiA" 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">
                  19,199.16
                 </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:#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">
                     +2.47%
                    </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%">
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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%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE4NDY3M30:1uKDHq:PgT1iOdmF6r5xbKP1MuJPpu8khxL2Oy3OIpldfki3BA" 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">
                  5,921.54
                 </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">
                     +2.05%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE4Njg2N30:1uKDHq:A0kXMKTKDYWuEZHvMPvKGlp2kkH0F7Av8P_5mkFDSKY" 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">
                  42,343.65
                 </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">
                     +1.78%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE4OTA2fQ:1uKDHq:t8Q7asBeJO8Psl8cMCzzP8L48rGoeP-BEJBmyYCNiuI" 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">
                  4.434%
                 </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">
                     -8.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5MTE5Mn0:1uKDHq:Hmhzi2lO51IjHJ9bAM4vBR1un2nteDQsoVhH2XYKLZY" 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">
                  $109,810.26
                 </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">
                     +0.54%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- PDD -->
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5Mjk3M30:1uKDHq:DkQshkZu765Sxq8Ly8VX2PQ_VHflg0XpS3zVDFwKeC8" 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">
                  PDD
                 </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">
                  $102.98
                 </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">
                     -13.64%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END PDD -->
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5NDY2NX0:1uKDHq:k-9NNrMUFEW6dc9GegZ4cdFn5P9f2B7xW72Eauzrs7s" 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 4:00pm 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>
                 Stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  soared
                 </a>
                </span>
                <span>
                 yesterday on the hopes that the US could reach a trade agreement with the EU. While that was happening, the trade war claimed another victim, as Temu owner PDD Holdings went kersplat after it said tensions between Washington and Beijing hurt its profits.
                </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 Pacaso
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                <strong style="color:#000">
                 $2.80/share ends tomorrow:
                </strong>
                Pacaso just reserved their Nasdaq ticker PCSO. But the real opportunity’s now, before public markets.
                <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                 Invest for $2.80/share before tomorrow
                </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]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
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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">
            TECH
           </h3>
          </div>
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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">
                 Elon Musk wants to get back to business
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Side by side photos of a rocket launch and Elon Musk" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcd21180f3dfde2b842d7f95ab8897e083ead72b4-1500x1000.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5NjM0OX0:1uKDHq:gJManznpIKopL2UVjXhG_9BanKDwjEO2MgPbnh4mQC4" 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>
                  Chandan Khanna, Chip Somodevilla/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 15px 0">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Less than a week after pledging to scale back his government duties to become “super focused” on running his companies, Elon Musk took a respite from posting quote tweets with exclamation points to oversee the launch of SpaceX’s Starship rocket last night.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The ninth flight of the 400-foot rocket got farther than the prior two tests, but ended in fiery failure for the third straight time.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Why it matters:
                 </strong>
                 The test flight was a pivotal step toward achieving Musk’s goal of sending a Starship rocket to Mars next year—and landing humans on the Red Planet as early as 2029.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Mr. Musk Leaves Washington
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Musk’s Department of Government Efficiency (DOGE) may not have met its goal of finding $2 trillion in federal budget savings, but it did succeed in damaging the reputation of at least one of his companies. Now, he is exchanging a MAGA hat for a CEO cap at a time when the billionaire’s brands need him most:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    Tesla:
                   </strong>
                  </span>
                  <span>
                   The EV-maker endured months of boycotts in response to DOGE laying off thousands of federal workers, contributing to a profit drop of 71% in Q1. Yesterday, the European Automobile Manufacturers’ Association reported Tesla’s sales in Europe plummeted by 49% in April.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    X:
                   </strong>
                  </span>
                  <span>
                   The social media platform dealt with outages that left tens of thousands of users without access on Saturday. X traffic was down ~8% from the 2024 presidential election through March.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    Neuralink:
                   </strong>
                  </span>
                  <span>
                   It’s actually good news—Semafor
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    reported
                   </a>
                  </span>
                  <span>
                   yesterday that the brain chip company raised $600 million at a $9 billion valuation.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Big picture:
                 </strong>
                 While Musk has taken a hit in the short term, the value of his companies has surged over the past four years, and he remains the richest man in the world.—
                 <em>
                  DL
                 </em>
                </p>
               </td>
              </tr>
              <tr>
               <td class="social-container" style="padding-bottom:15px;padding-left:15px">
                <!-- SOCIAL LINKS -->
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5ODAwM30:1uKDHq:cIDQhFAb8xGsN7KzGFVgx6EPceCI27bqnpovbKHYvIs" 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%252F7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTE5OTc0Nn0:1uKDHq:-fMcK-sopxYDKR0LnliEElpQr6OsPS5CpokIgYlPX5A" style="width:25px;display:inline-block" width="25"/>
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                   </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%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIwMTQxN30:1uKDHq:jZldmyTadrJD6wRJra8s7wygmUVhsIKvFK3eT-Q3HiI" style="width:25px;display:inline-block" width="25"/>
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               </td>
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             </table>
            </td>
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          </table>
         </td>
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       </table>
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      <!-- STORY ARTICLE -->
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      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
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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 Pacaso
           </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">
              Real estate disruptors target $1.3t market
             </strong>
            </a>
           </h1>
          </div>
          <a style="border:none;text-decoration:none" target="_blank">
           <img alt="Pacaso" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F15cb822fa08afeb326f72372c5dc8036da6997b4-1200x800.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIwMzgyfQ:1uKDHq:jptahtmouK8ioS42dHQW1PEDjfdOqWg3AJm9c-Z8L4Q" 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">
              Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125m.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Now they’ve teamed up to start Pacaso and transform the $1.3t vacation home market—and
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               until tomorrow, you can join them for just $2.80 a share
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Pacaso’s streamlined digital marketplace is leading the co-ownership revolution, making luxury vacation homes accessible, fully utilized, and hassle-free. And the results speak for themselves: $1b+ in transactions, 2,000+ happy homeowners, and
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               over $110m in gross profits
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Now, on the back of 41% gross profit growth last year, they’ve reserved the Nasdaq ticker PCSO in preparation for what’s next. But you don’t have to wait.
             </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">
               Become a Pacaso investor for $2.80/share before midnight PST tomorrow
              </a>
              .
             </p>
            </td>
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            WORLD
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Tour de headlines
                </a>
               </h1>
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              <img alt="Bitcoin on a map of the US" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fa2240eaeb822fc9dbfb54992f747f93b2adb9773-1024x683.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIwNjEwN30:1uKDHq:hY6thDDTQMyWEtKn4IzkbJt07XbEg1m36zZaRVF08zo" 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>
                  Romain Costaseca/Hans Lucas/AFP via 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%252Fmoney-bag_1f4b0.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIwODEwNX0:1uKDHq:5uCF97CKddepiaQP4JjEo2SE4IDPxuNefpfxKlxOrZQ" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Trump Media raised $2.5 billion to buy bitcoin.
                 </strong>
                 The media company partly owned by President Trump and his family
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  announced
                 </a>
                 it raised the funds from institutional investors to finance what CNBC called one of the largest ever bitcoin investments by a public company. Investors were not initially pleased, with the stock dropping 10% after the news was reported. It further marks the rapid expansion of Trump Media, which owns Truth Social, into the finance and crypto sectors. It’s also another step toward Trump’s personal courtship of crypto: The president hosted a black-tie gala at his Virginia golf club last week for the biggest buyers of his memecoin.
                </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%252Frobot-face_1f916.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIwOTQyfQ:1uKDHq:FPrr2X5EMSs3oN7H4Cwpb5iK62Eb4GjZgULl5YyxWk4" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Salesforce made an $8 billion acquisition to boost its AI capabilities.
                 </strong>
                 Informatica, a data management software company, is now
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  owned by Salesforce
                 </a>
                 , the cloud giant announced yesterday. It’s Salesforce’s biggest purchase since it acquired Slack for $28 billion in 2021. The goal is to leverage Informatica’s data catalog to improve Salesforce’s fleet of AI agents. Informatica had been a Salesforce target before, but talks broke down last year before being revived when Informatica’s share price fell, reportedly as a result of the failed initial talks.
                </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%252Fgraduation-cap_1f393.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIxMDU2fQ:1uKDHq:FnIZJVvTAsjMFVxQ_8_dX75Qjor1UcF16rwXNRSTIrE" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Trump wants to cut all federal ties to Harvard.
                 </strong>
                 The White House
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  plans to cut
                 </a>
                 the federal government’s remaining contracts with Harvard, worth about $100 million, the New York Times reported. The cuts would represent a “complete severance” with the prestigious Ivy League institution, per the NYT, following the Trump administration’s freezing of $3.2 billion in grants and its attempt to stop the university from enrolling international students over claims that it’s failed to address antisemitism on campus. A federal judge has temporarily blocked the White House’s effort to stop Harvard from enrolling international students.—
                 <em>
                  AE
                 </em>
                </p>
               </td>
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            TRAVEL
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Southwest’s free bag policy has officially departed
                </a>
               </h1>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Southwest airplane on he runway looking out of an airplane window" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F68ff3163943aea1522f0d948c8ee340fb3d6a2a2-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIxMTgwOH0:1uKDHq:3JXF8mEuzaQO4BVHSK7fbkIB94Tagj81sHbFifkEWuQ" 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>
                  Kevin Carter/Getty Images
                 </em>
                </small>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Toss an AirTag on that duffle and write your phone number really big, because “Bags fly free” is officially dead.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Southwest Airlines will begin
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  charging
                 </a>
                 $35 for your first checked bag on flights starting today, marking the official end of the company’s longtime policy offering flyers free luggage. Some more details:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   A second bag will cost you $45. Members of the airline’s highest loyalty level will still get two free checked bags.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Southwest is also rolling out basic economy fares, which will replace its “Wanna Get Away” low-fare option.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Flight credits you receive if you cancel your trip will now expire in six months (they previously never expired).
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Big picture:
                 </strong>
                 The airline first
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  announced
                 </a>
                 the upcharge update in March, spooking flyers accustomed to its famous freebie policy. Though Southwest execs had held firm on the iconic perk for years (even trademarking the phrase “Bags Fly Free” as recently as 2023), activist investors and a souring airline industry forced the company to adopt some of the nickel-and-diming methods of its rivals.
                 <em>
                  —MM
                 </em>
                </p>
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            Together With Gainbridge
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           <img alt="Gainbridge " class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F01c40f100c91a65f42f1628be0ad592fb1a3e365-1000x750.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIxNzA5M30:1uKDHq:vpXCEJA4bNxqbhvApzrr1SUsZYezrhnU5VWmIoCWGck" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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              <strong style="color:#000">
               Get back to boring.
              </strong>
              Economic uncertainty can make so-called “boring” financial products very appealing to investors. We’re talking stable returns, low risk, and clear terms from trusted partners like Gainbridge
              <sup>
               ®
              </sup>
              . Check out these popular options:
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             </p>
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              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Non tax-deferred annuities (high rates with liquidity)
              </a>
             </p>
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              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Tax-deferred annuities (guaranteed growth for retirement savings)
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             </p>
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              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Guaranteed income annuities (income for life—seriously)
              </a>
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            MEDIA
           </h3>
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                 NPR is suing the Trump admin over funding
                </a>
               </h1>
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              </a>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Credit: Saul Loeb/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                 A soothingly nasal voice is telling the White House “see ya in court!” NPR and its three affiliate stations in Colorado
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  sued the Trump administration
                 </a>
                 yesterday over an executive order cutting off funding to public media, including NPR.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Terry Gross’s employer alleges that President Trump pulling the plug on public media funding violates the First Amendment:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   NPR’s suit called it a textbook example of unconstitutional “retaliation and viewpoint-based discrimination,” since Trump cited biased coverage as the rationale for the move.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The radio network also claims that Trump violated a federal law that prevents the Corporation for Public Broadcasting (CPB), which receives taxpayer dollars to support public radio and TV, from being controlled by federal agencies. NPR maintains that Trump is usurping the authority of Congress, which apportioned $535 million to the CPB for each of the next two fiscal years.
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 The
                 <em>
                  Planet Money
                 </em>
                 side
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Trump’s order threatens a significant source of cash for NPR and its affiliates. The DC-based radio organization receives just 1% of its funding directly from Uncle Sam. However, federal dollars account for 10% of its total budget via payments from local stations that license its content.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 PBS—which is also impacted by the executive order but not involved in NPR’s suit—told CNN that it may bring its own legal action.
                 <em>
                  —SK
                 </em>
                </p>
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            STAT
           </h3>
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                 Prime number: 4% of Americans
                </a>
               </h1>
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              <img alt="Ozempic and Wegovy injectors" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F5baa7aef5ee2cd3bb0100a26ab937bf046af25a2-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIyNDkzM30:1uKDHq:eJXeKg2mF93fAiVD_0XUmF-8dkjrruwFH8veps-TCZs" style="width:100%;max-width:670px;display:block" width="670"/>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Steve Christo - Corbis/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Looks like you’re going to have to learn how to spell Mounjaro. About 4% of US adults are taking GLP-1 drugs, Axios reported.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 About half of that 4% take them specifically for weight loss or obesity—
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  up by almost 600%
                 </a>
                 from 2019. The other half use GLP-1s for Type 2 diabetes, which is what they were originally meant to treat before the FDA approved semaglutide for weight loss in 2021, and copious celebrities, including Oprah, revealed they were using them.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Per a report from FAIR Health, Novo Nordisk’s Ozempic is the most popular GLP-1, followed by Eli Lilly’s Mounjaro, with Wegovy and Saxenda (Novo Nordisk) and Zepbound (Eli Lilly) behind them. Expect the usage to skyrocket as researchers discover all sorts of other benefits beyond weight management.
                 <em>
                  —AE
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
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            Together With The Female Quotient
           </h3>
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               In with the new.
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              The rules of the workplace were written over a century ago. It’s time to rewrite them. Learn how modern trailblazers are doing that in
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               the FQ newsletter
              </a>
              . It’s inspired by the women who came before us, created for the leaders shaping what’s next, and filled with actionable advice.
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              .
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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
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
              </div>
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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">
                    Covid-19 shots
                   </a>
                  </span>
                  <span>
                   will no longer be recommended for healthy children and pregnant women, Health Secretary Robert F. Kennedy Jr. announced yesterday.
                  </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">
                    JPMorgan
                   </a>
                  </span>
                  <span>
                   plans to unveil 14 new branches with hotel-like amenities that cater to affluent Americans, CNBC reported.
                  </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 Ten Commandments
                   </a>
                  </span>
                  <span>
                   will be displayed in every public school classroom in Texas after lawmakers voted to approve the controversial measure.
                  </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">
                    Consumer confidence
                   </a>
                  </span>
                  <span>
                   rebounded last month from a five-year low as delays in implementing some tariffs have calmed Americans’ nerves about the economy.
                  </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">
                    Russian sports teams
                   </a>
                  </span>
                  <span>
                   , including its ice hockey team, will remain banned from the 2026 Winter Olympics in Italy, the IOC confirmed.
                  </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">
                    HBO
                   </a>
                  </span>
                  <span>
                   revealed the young actors playing Harry, Ron, and Hermione for its upcoming
                  </span>
                  <span>
                   <em>
                    Harry Potter
                   </em>
                  </span>
                  <span>
                   series.
                  </span>
                 </li>
                </ul>
               </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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            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIyODYzNX0:1uKDHq:fZcFkLI_s6w2MHfJVbRVZ_knbFOtiXSjNaRhow0CVHI" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIyOTk4fQ:1uKDHq:WJVZz1l3dvPJL7N11SWX8vib3YgbZzvL293chTznquU" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Protect:
                  </strong>
                  A cult-favorite sunscreen with a green tint to
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   reduce redness
                  </a>
                  .**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzMTE1fQ:1uKDHq:rRg5G32O_ssSidXzlSexydT2sIDuSvxFu1EK1R1mKHA" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   A roundup
                  </a>
                  of summer 2025 reading lists.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzMjcyMn0:1uKDHq:Sl0Yo_11tQw03-wPzlmpkkvKdgRmk4tRJYBYXoWZBGg" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Play:
                  </strong>
                  Guess the famous person from their
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Wikipedia page
                  </a>
                  .
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzNDM1N30:1uKDHq:JAystAdO7MQMUcjfbXjvrHxtwwCizXLizeAP_YzlVsk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Prank:
                  </strong>
                  A movie recommendation engine that
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   exclusively
                  </a>
                  recommends
                  <em>
                   Cats
                  </em>
                  no matter what you put in.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzNTY5NX0:1uKDHq:BaKNHtJqgKEV3ojukyB4pKxFw3AB-t2Pii27XXJZ6Pk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Calling all renters:
                  </strong>
                  Turn your rent payments and spending around your neighborhood into
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   flexible points
                  </a>
                  with help from Bilt. Then redeem those points for fitness classes, travel, rideshare, and more.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Learn more
                  </a>
                  .*
                 </p>
                 <placementslot data-id="841a4d6967e7">
                 </placementslot>
                 <placementslot data-id="2f7ca13ac79c">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product 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>
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       <!--[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">
            GAMES
           </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="card-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 puzzle section
                </a>
               </h1>
              </div>
             </table>
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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">
                  Word Search:
                 </strong>
                 Lego figurines of famous characters take center stage. Think you can identify them?
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Play it here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Burger trivia
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 On National Hamburger Day, test your knowledge of fast-food burgers. Below are pictures of burgers from six different fast-food restaurants; your job is to name the restaurant.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Your options: McDonald’s, Five Guys, Shake Shack, Wendy’s, White Castle, Hardee’s/Carl’s Jr.
                </p>
                <img alt="Pictures of six burgers for trivia" class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6f67b7b3b99042e1527268234bf8eb6ae69c2ce1-994x542.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzNjk1Nn0:1uKDHq:MMNZlgEUlpCBG6xXC_irDRS9Pyoaout2izALeOERACI" 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>
                  </em>
                 </small>
                </span>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
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       <!--[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">
            SHARE THE BREW
           </h3>
          </div>
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               <td class="content-container" style="padding:15px">
                <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">
                  <img class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png%253Fw%253D640%2526q%253D60/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDg0MjUyODYuMTIzODIwOH0:1uKDHq:e9ODRtOq9c6tctxGfQb_4RPjoZbU8dKuqK8ML5xeCKI" style="width:100%;max-width:640px;display:block;width:100%!important" width="640"/>
                 </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 &amp; 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>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
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                 A. Five Guys
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                 B. White Castle
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                 C. Shake Shack
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                 D. Hardee’s/Carl’s Jr.
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                 E. Wendy’s
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               . Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.
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