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Why college admissions are extra stressful this year...
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March 15, 2024
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Good morning.
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Today is the Ides of March and to celebrate, Matty will betray Neal around 2pm ET.
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Who will you be betraying today?
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—Matty Merritt, Molly Liebergall, Cassandra Cassidy, Adam Epstein, Neal Freyman
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Nasdaq
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16,128.53
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<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
-0.30%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Nasdaq -->
<!-- S&P -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk3NjAzMn0:1rl42B:yWKYgF_2y3pcxSNdSqHUFVCC_HkZtH_W6NH9NiEdVx0" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
S&P
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
5,150.48
</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="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
-0.29%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END S&P -->
<!-- Dow -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk3NzMzNH0:1rl42B:ucepDvy-2ys3BAiplw7CMSjcPQejbErZksjdHkMstyo" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Dow
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
38,905.66
</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="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
-0.35%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Dow -->
<!-- 10-Year -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk3ODUyM30:1rl42B:D85x0-faHTsMoIzkcEwRqeNCGYqKDCQg5nSljdQAiFQ" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
10-Year
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
4.298%
</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="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+10.6 bps
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END 10-Year -->
<!-- Bitcoin -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4MDM0fQ:1rl42B:CWhOp6u-PQl8Iqv7l1LE9Ao5KHO0Xbt_0IyuYqihams" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Bitcoin
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
$69,971.60
</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="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
-4.28%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- Dick’s -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4MTcwMX0:1rl42B:EIhj9lp91DOXOcmH2UoPUgIA_xD4D6nOpLmZ6WTAR5c" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Dick’s
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
$216.90
</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="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+15.52%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Dick’s -->
<!-- START REGULAR TEXT -->
<tr>
<td style="padding: 3px 15px 10px 15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px;padding: 0; margin: 0; text-align: left; font-size: 13px;">
*Stock data as of market close, cryptocurrency data as of 11:00pm ET.
<a class="link-sm" rel="noopener" style="border-bottom:1px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Here's what these numbers mean.
</a>
</p>
</td>
</tr>
<!-- END REGULAR TEXT -->
<tr>
<td style="padding: 0px 15px; mso-padding-alt: 0px 15px 15px 15px;">
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
<strong style="color:#000">
Markets:
</strong>
</span>
<span>
Stocks
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
fell
</a>
</span>
<span>
yesterday after another round of hotter-than-expected inflation data spooked investors. But it was a tremendous Thursday for everyone’s favorite phallic sporting goods store, as Dick’s soared 15% after posting its largest sales quarter in history in Q4, thanks in part to consumers buying more expensive items.
</span>
</li>
</ul>
<div style="display:none;">
</div>
</td>
</tr>
<tr>
<td style="padding: 0px 20px; mso-padding-alt: 0px 20px 15px 20px;">
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
</div>
<!-- <![endif]-->
<!-- END MARKETS -->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
EDUCATION
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Bungled FAFSA rollout stressed out a lot of HS seniors
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<!--[if mso]>
<img alt="College diplomas graphic" style="display: block; width: 100%; max-width: 670px;" width="670" height=447 src="https://storage.morningbrew.com/gif/2024-03-14/image-667de9695e0e2ffbd3d834003118fa234f6a25ff-1500x1000-gif/MBD_Editorial_FASFA_AF_031424.gif">
<![endif]-->
<!--[if !mso]>-->
<!-- -->
<img alt="College diplomas graphic" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2024-03-14%252Fimage-667de9695e0e2ffbd3d834003118fa234f6a25ff-1500x1000-gif%252FMBD_Editorial_FASFA_AF_031424.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3MTA0OTU1NjcuNDk4Mjk1fQ:1rl42B:6-2_FRHdp2WW06qtVlbmEkKLaerTByAI_gtT0LQJBhg" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<!--<![endif]-->
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Annissa Flores
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
There are a lot of things that lead to a high schooler crying at a kitchen table: algebra problems, decoding
<em>
Richard III
</em>
, and getting stuck in the
<em>
Bye Bye Birdie
</em>
ensemble. But this year, the Education Department’s
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
botched rollout
</a>
of its new financial aid application had seniors, their parents, college administrators, and lawmakers all feeling like they couldn’t solve for “X.”
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Four years ago, US lawmakers voted to update the cumbersome 108-question financial aid application to fewer than 50 questions. The FAFSA, or Free Application for Federal Student Aid, helps the government and colleges determine what kind of financial aid package incoming students can receive to pay for school.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
But even with a two-month delay from the old form’s usual October opening, the updated one was almost unusable when it soft-launched in December. Users reported getting stuck on questions or logged out of the site.
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
Only 5.7 million FAFSAs have been submitted, according to an Education Department spokesperson, far from the 17 million expected annually. Students have until June 30 to submit.
</span>
</li>
</ul>
<h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
There’s a lot of finger-pointing
</h2>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The fumbled debut of a $336+ million overhaul has Republicans blaming the Biden administration for letting the FAFSA revamp fall through the cracks while the president was laser-focused on loan forgiveness. The admin and some higher ed advocates said it’s Republicans’ fault for not approving a bigger budget for the project. But it was most likely a combination of both—plus the Department of Education’s
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
lack of communication
</a>
around issues, experts said.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
The state of financial aid:
</strong>
The Biden administration said this week that after months of quiescence, the department had finally sent its first group of student financial records to schools over the weekend. A number of colleges and universities, already nervous about sharp enrollment declines since the pandemic, proactively extended the May 1 deadline for students to commit to their schools.
<em>
—MM
</em>
</p>
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding-top: 12px;">
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</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fea53a551202a4963e49199a40daf05b487846624-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4NTE1fQ:1rl42B:vyyQ-03YoR3lpzdXx8bAsIVgW-age38ntS_mrDGuwes" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4NjIwN30:1rl42B:lgcmrEA1MFP215vtzP3ACNgFfTAXwUeAeIfMgl-uQN8" style="display: inline-block; width: 25px" width="25"/>
</a>
</td>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
PRESENTED BY MASTERWORKS
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
<strong>
The data-powered art investment platform dunking on billionaires
</strong>
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<!--[if mso]>
<img alt="Masterworks" style="display: block; width: 100%; max-width: 670px;" width="670" height=503 src="https://storage.morningbrew.com/gif/2024-03-12/image-bfc374dc0bce5fb84eafda91074d343335bfa0b8-480x360-gif/unnamed.gif">
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<img alt="Masterworks" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2024-03-12%252Fimage-bfc374dc0bce5fb84eafda91074d343335bfa0b8-480x360-gif%252Funnamed.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3MTA0OTU1NjcuNDk4NzI2MX0:1rl42B:-FukWi4c7_sZjuAZef8vYvlVKWWd4IMs56TzxCRbY2o" style="display: block; width: 100%; max-width: 670px;" width="670"/>
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<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
For centuries, the moneyed elite have used their wealth and influence to dominate the art market. Not anymore.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Thanks to data sources driven by artificial intelligence, index construction, and machine learning models,
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Masterworks
</a>
is giving everyday people the opportunity to compete with the fat cats at their own game.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
These models help identify potential growth opportunities by artists like Banksy, Picasso, and Basquiat before making shares available to Masterworks members.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
So far,
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
each of their 21 exits have delivered a profit
</a>
, with Masterworks investors realizing median net annualized returns of
<em>
14.6%, 16.4%, 17.8%,
</em>
and more.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Morning Brew readers can
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
skip the waitlist to join with this exclusive link
</a>
.
</p>
</td>
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</th>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
WORLD
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
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<font color="#000000">
Tour de headlines
</font>
</a>
</h1>
</td>
</tr>
</table>
<img alt="Chuck Schumer" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F5d9ed495c9b25700444bd6f12017b0ef1e7ad74c-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4ODUxfQ:1rl42B:V9EJegsFKxl7fjrHbnb1IZPFzwbA2jEoma7NWGqzrOk" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Aaron Schwartz/NurPhoto via Getty Images
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk4OTk4fQ:1rl42B:e6ezyjmxsmtV-BGnC2TWZHvlRFSodxmI6kT5byLv49Q" style="max-width:18px" width="18"/>
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fflag-for-israel_1f1ee-1f1f1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk5MTE4OH0:1rl42B:8uFNRB_ZJuHA16uYSb3Vsw8lCe1EvbPO5FMupJhnhOM" style="max-width:18px" width="18"/>
<strong style="color:#000">
Schumer calls for election in Israel to replace Netanyahu.
</strong>
In a
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
speech
</a>
on the Senate floor yesterday, Majority Leader Chuck Schumer said Israeli Prime Minister Benjamin Netanyahu “no longer fits the needs of Israel after October 7,” arguing that the Israeli leader cares more about his political survival than the country’s best interests. Schumer, the highest-ranking Jewish elected official in the US, also implied that Netanyahu’s right-wing coalition is threatening to turn Israel into a global “pariah.” The speech came as frustration mounts in the Biden administration over the civilian toll in Gaza.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fmoney-with-wings_1f4b8.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk5MjM2OH0:1rl42B:aRI55r7meS2OHiW0qPadPhzONuNrayqeoZ0As24PYqQ" style="max-width:18px" width="18"/>
<strong style="color:#000">
Steve Mnuchin wants to buy TikTok.
</strong>
Former Treasury Secretary Steven Mnuchin told CNBC that he’s
<del>
assembling the Avengers
</del>
putting together a team of investors
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
to acquire TikTok
</a>
, just a day after the House passed a bill that would ban the app if its Chinese owner ByteDance doesn’t divest. Mnuchin, who headed up the Treasury Department under Donald Trump from 2017 to 2021, now runs the investment fund Liberty Strategic Capital. He did not specify who else might be part of his financial supersquad. Experts believe China is likely to block any sale of TikTok to a US company.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
🥸
<strong style="color:#000">
Craig Wright is NOT the father (of bitcoin).
</strong>
After a six-week trial, a
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
UK court ruled
</a>
that Australian computer scientist Craig Wright is
<em>
not
</em>
Satoshi Nakamoto, the mysterious inventor of bitcoin. Wright has long claimed that he adopted the pseudonym and authored a white paper on bitcoin in 2008, laying the groundwork for the cryptocurrency. Since then, he’s sued several developers for allegedly violating his intellectual property rights. But the evidence that he is not Satoshi, the judge said, is “overwhelming.” While
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
crypto’s biggest mystery
</a>
remains unsolved, at least one suspect can be ruled out.
</p>
</td>
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</th>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
SPACE
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
SpaceX’s Starship made it to space without exploding
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="SpaceX Starship launch on March 13" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F5193ab4dd5c262ec2ddf62e0c8bdc296c2fa3911-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk5MzU5fQ:1rl42B:5q4tLUeb-es5FnLacPanShswG49vA5TQ_Es7Ci6a4xg" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
SpaceX
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The company looking to colonize Mars rang in its 22nd birthday yesterday with the third test launch of its large and in-charge Starship rocket, and unlike your 22nd birthday, this one didn’t end in a spontaneous blowup.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Starship, the rocket that future NASA missions and Musk’s satellite biz are counting on,
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
blasted off
</a>
from the Texas Gulf Coast yesterday morning and completed most of its ~hourlong test mission—detaching from the Super Heavy booster and
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
cruising
</a>
about halfway around the world—before losing contact on reentry and likely breaking up over the Indian Ocean.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
This is major progress
</strong>
. The rocket’s first two orbital launches
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
last April
</a>
and
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
November
</a>
ended in explosions just minutes after takeoff. SpaceX engineers had to make 80 FAA-commissioned fixes after those launches.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
But there’s still a ways to go.
</strong>
Starship is designed to be reusable, and while yesterday’s failed reentry shows it’s not yet there, it’ll have to be by the end of 2026 when Starship is contracted to help NASA shuttle astronauts to the moon (though some aerospace experts think the mission will be pushed back). Musk said Starship should successfully complete hundreds of uncrewed missions before then.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Meanwhile…
</strong>
Jeff Bezos might get to the big cheese in the sky first. Blue Origin announced plans this month to send a cargo lander to the moon by the end of 2025.
<em>
—ML
</em>
</p>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
TOGETHER WITH AURA HEALTH
</h3>
</td>
</tr>
</table>
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<img alt="Aura Health" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fa3166bfa50686f24ad15e4c386c22e897eac9028-1200x800.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNDk5OTI3M30:1rl42B:SrNIqkuZGD12kKwWlwbK3WSslTwCI0T4J9aKd5CzoBE" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
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<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Brothers solve a $100b problem…for their mother.
</strong>
These Forbes
<em>
30 Under 30
</em>
–winning
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Aura founders
</a>
propelled their mental wellness company to reach 8m users with 100k+ subscribers. They’re backed by top Silicon Valley VCs and executives from Spotify, Facebook, and Masterclass. But they’re far from finished—today is the final day to
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
invest in Aura and receive 10% bonus shares with your investment
</a>
.
</p>
</td>
</tr>
</table>
</th>
</tr>
</table>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
HOUSING
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
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<font color="#000000">
Vancouver Indigenous development sparks squabble
</font>
</a>
</h1>
</td>
</tr>
</table>
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<img alt="Photo rendering of the planned development on Squamish land in Vancouver" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fabfbfbfb45c6e3bac80cee4b17182246633b8f3b-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwMTI5Mn0:1rl42B:w0X6lPMvmAq1gmsOz6txosnweDQtdKI8YYe8REQ5Riw" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Revery Architecture
</em>
</small>
</span>
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<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Vancouver, the city known for having idyllic beaches, being the filming location of
<em>
Riverdale,
</em>
and giving us Ryan Reynolds, is embroiled in controversy over a new housing development.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The planned community,
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Sen̓áḵw
</a>
, will consist of 11 towers and 6,000 apartments. It’s being built on 10 acres of prime real estate owned by the Squamish Nation, one of Canada’s Indigenous groups, and will be the densest neighborhood in Canada when finished.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Sen̓áḵw has drawn the ire of residents of Kitsilano Point—a trendy, beachfront neighborhood filled with athleisure-donning software engineers that borders the development.
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
Neighbors are concerned that proposed futuristic skyscrapers will
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
block their mountain view
</a>
</span>
<span>
and erode the neighborhood’s character.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
They’re also worried about potential issues caused by the density, which is only allowed because it’s being built on First Nations land and thus doesn’t fall under Vancouver’s strict zoning laws.
</span>
</li>
</ul>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
But…
</strong>
some members of the Indigenous community see a
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
subtext
</a>
in Vancouverites’ opposition: “Canadians aren’t used to seeing Indigenous people occupy places that are socially, economically or geographically valuable, like Sen̓áḵw,” said one Canadian journalist.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Zoom out:
</strong>
Elsewhere in the city, a coalition including the Squamish is planning a 13,000-unit housing development. Neighbors have come
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
forward in opposition
</a>
, expressing concerns about the site’s lack of a hydrogeological study.
<em>
—CC
</em>
</p>
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding-top: 12px;">
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwMzU3OX0:1rl42B:ELDil_AAqdxidv7uMWMlnuvC1XIJeB-Bcv2medUIkig" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fea53a551202a4963e49199a40daf05b487846624-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwNTE3NH0:1rl42B:196djb6T1ZeNKxHsQ_UHwScEWpZGVUpeDIt_wUQlwfM" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwNjQ0N30:1rl42B:Fh6_hJsej6n2LgrJi9AOJbW-tJMzG2Wa8bl3SW3_xrg" style="display: inline-block; width: 25px" width="25"/>
</a>
</td>
</tr>
</table>
<!-- END SOCIAL LINKS --->
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
</div>
<!-- <![endif]-->
<!-- END ARTICLE --->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
GRAB BAG
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Key performance indicators
</font>
</a>
</h1>
</td>
</tr>
</table>
<img alt="Refund fraud" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F9d062d778f0d1f53fa6843f7c93b09e0a5247a59-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwNzc5OX0:1rl42B:CSfKFF44biPpTVpRai_1TgHHkCmDfJAYO1TwCGT_I6Q" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Francis Scialabba
<br/>
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Stat:
</strong>
Amazon might not notice if you forget to ship a toaster back after requesting a refund. But when millions of people do that with malicious intent, it makes a dent. Fraud groups, often with the help of conspiring retail employees, are
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
tricking companies
</a>
into issuing refunds without the products being returned, CNBC reported. Per the National Retail Federation, return fraud accounted for $101 billion in losses for retailers last year. And for every $100 in returned merch, shops lose almost $14 to return fraud. These groups operate like sophisticated businesses, marketing their services on platforms like TikTok and Reddit. Amazon said it’s now using machine learning tools to detect the fraud.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Quote:
</strong>
“I love that my bite is better, that my teeth are a better shape, that they feel better in my mouth.”
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
If you had “South Dakota governor travels to Texas for dental work, posts a testimonial video about it, and then gets sued for failing to disclose a financial relationship with the dentist” on your bingo card, then come collect your prize. Kristi Noem was
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
sued
</a>
by a consumer advocacy group yesterday after she gushed about her treatment at Smile Texas in a strange, five-minute
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
infomercial-like video
</a>
. The suit alleges that she was acting as an undisclosed influencer. Noem and her brand-new smile are rumored to be on Donald Trump’s shortlist of potential running mates.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Read:
</strong>
Can Reddit survive its IPO? (
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Wired
</a>
)
</p>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
</div>
<!-- <![endif]-->
<!-- END ARTICLE --->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
QUIZ
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Et tu, quiz?
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="New Friday quiz image" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F215e92bf9db8d1b0eb13e4e74ccab19fb6a3f1bb-3000x750.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAwOTIwOH0:1rl42B:EsaLCLanzAsRZ4Odu7s9Rrzhn-2M7q_bd7xkNPxNPd4" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The feeling of getting a 5/5 on the Brew’s Weekly News Quiz has been compared to not being assassinated by your friends.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
It’s that satisfying.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Ace the quiz
</a>
.
</p>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
</div>
<!-- <![endif]-->
<!-- END ARTICLE --->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
NEWS
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
What else is brewing
</font>
</a>
</h1>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
President Biden
</a>
</span>
<span>
came out against the planned sale of US Steel to Japan’s Nippon Steel, saying it’s “vital for it to remain an American steel company that is domestically owned and operated.”
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Retail sales
</a>
</span>
<span>
rose 0.6% last month, rebounding from a 1.1% drop in January.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Outdoor Voices
</a>
</span>
<span>
is reportedly closing all of its stores this week as the athleisure company transitions to an exclusively online business.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Under Armour
</a>
</span>
<span>
announced that founder Kevin Plank is returning to the company as CEO, sending shares plummeting.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Amazon
</a>
</span>
<span>
is hosting its first “Big Spring Sale,” which is open to all shoppers (not just Prime members), from March 20 to March 25.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Aaron Rodgers
</a>
</span>
<span>
denied a CNN report that he floated conspiracy theories about the 2012 Sandy Hook massacre.
</span>
</li>
</ul>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
</div>
<!-- <![endif]-->
<!-- END ARTICLE --->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
RECS
</h3>
</td>
</tr>
</table>
<img alt="Friday to-do list" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fad36328db69bb793e533265a69cd0ac00c6f5ddd-1500x375.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxMDc2NX0:1rl42B:M7DaQ9tNSyRLNTuh83EmzYiC-8W9vCJRehaFxP-_YSM" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<div>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxMjE3OH0:1rl42B:DvBA48lBMLyVRD-xzHPs3heGKdML9mXyV-h46sY6AD0" style="max-width:18px" width="18"/>
<strong style="color:#000">
Clear your calendar:
</strong>
Film score GOAT Hans Zimmer will
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
tour the US
</a>
for the first time in seven years this fall.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxMzYzM30:1rl42B:wQDz1Jb5M_DxSI1fRttv55VLsyBRWbvm8HWF_tDm1Is" style="max-width:18px" width="18"/>
<strong style="color:#000">
Watch:
</strong>
A visual timeline of the
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
largest cities
</a>
throughout history.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxNTI5NX0:1rl42B:-TQzyzJP2MKFCUtk-47h4uo2zHzn3oynguYGdljevTM" style="max-width:18px" width="18"/>
<strong style="color:#000">
Laugh:
</strong>
22 of the
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
funniest novels
</a>
since
<em>
Catch-22
</em>
was released in 1961.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxNjc5fQ:1rl42B:f5pAkKz9NHzf0urluDe3F9u-6LFjtXxRAccmLr8OhMc" style="max-width:18px" width="18"/>
<strong style="color:#000">
Boost your mental health:
</strong>
Why
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
decluttering
</a>
is medicine for the mind.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTA0OTU1NjcuNTAxNzk1OH0:1rl42B:wLKrP5QGEVd9_sC6WjI2wscGPR9nYUsaIo6y6dfVRt0" style="max-width:18px" width="18"/>
Mental health revolution:
</strong>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Aura
</a>
’s mental wellness marketplace is now 8m+ users and 100k+ subscribers strong.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Invest as Aura transforms the $5.6t global wellness industry
</a>
.*
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<sup>
<em>
*A message from our sponsor.
</em>
</sup>
</p>
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GAMES
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Picdoku:
</strong>
The dinosaurs have been de-extincted for today’s Picdoku.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Play it here
</a>
.
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Friday puzzle
</h2>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Today’s puzzle will quiz you about “verbjectives,” words that can be used as both a verb and an adjective, depending on the context.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The first clue is for the
<em>
verb
</em>
form of the word, denoted by (v), and the second clue is for the
<em>
adjective
</em>
form of the word, denoted by (a). Your job is to find the word that satisfies both.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Here’s an example:
</strong>
aim (v), honest (a)
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Answer:
</strong>
direct
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
1) authorize (v), acceptable (a)
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
2) unfasten (v), receptive (a)
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
3) obscure (v), slow (a)
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
4) abstain (v), speedy (a)
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
5) release (v), complimentary (a)
</p>
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SHARE THE BREW
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Share Morning Brew
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with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
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We’re saying we’ll give you free stuff and more friends if you share a link. One link.
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Your referral count:
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ANSWER
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<p style="line-height:22px;margin-top:0;margin-bottom:15px">
1. Okay
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
2. Open
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
3. Dim
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
4. Fast
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
5. Free
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Source
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</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<span style="text-decoration:underline">
Word of the Day
</span>
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Today’s Word of the Day is: quiescence, meaning “inactivity or dormancy.” Thanks to Carrie from Virginia for the dynamic suggestion. Submit another
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Word of the Day here
</a>
.
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<strong style="color:#000">
✢ A Note From Masterworks
</strong>
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
“Net annualized return” refers to the annualized internal rate of return (IRR), net of all fees and costs, to holders of Class A shares from the primary offering, calculated from the final closing date of such offering to the date the sale is consummated. A more detailed breakdown of the net annualized return calculation for each issuer can be found in the respective Form 1-U for each exit. The three (3) median returns above represent the ones closest in percentage to the median of the 12 exits with holding periods over one (1) year. Past performance is not indicative of future returns. Investing involves risk. See important disclosures at
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
www.masterworks.com/cd
</a>
.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px;line-height:22px;margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px;">
<strong style="color:#000">
✳︎ A Note From Aura Health
</strong>
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
This is a paid advertisement for Aura Health’s Regulation CF offering. Please read the offering circular at
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
invest.aurahealth.io
</a>
.
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