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   Daily Brew // Morning Brew // Update
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     Why AI may be to blame for your higher electric bill...
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             July 30, 2025
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               Howdy.
              </strong>
              Pamela Anderson and Liam Neeson, hereby known as “Lamela,” are reportedly
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               dating
              </a>
              after meeting on the set of
              <em>
               The Naked Gun
              </em>
              , according to People magazine.
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              One could say she was really
              <em>
               taken
              </em>
              with him.
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               —Dave Lozo, Sam Klebanov, Matty Merritt, Adam Epstein, Neal Freyman, Holly Van Leuven
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               MARKETS
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzYzMjgzfQ:1uh2un:35ASlLhNfTyiff-e2KrQjRZZHNkzQNAbYU4o58yYufc" style="width:22%" width="20"/>
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                <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">
                  21,098.29
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.38%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzYzNDA2NH0:1uh2un:l9XZZqZX-dXXQB4-u4dK1Ba2bF1ZD11BligPd90uun0" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  S&amp;P
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  6,370.86
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.30%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzYzNTYzM30:1uh2un:uXKLm5BKFrC95oRR3nDBXRMhlKd18_l3dPcCHUOgxaQ" 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">
                  44,632.99
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.46%
                    </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">
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzYzNzY0fQ:1uh2un:gKkSLJowh1RTbch1qixfKdup2_cRMnCbwypSaaEsJHM" 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">
                  4.330%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -9.0 bps
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END 10-Year -->
            <!-- Bitcoin -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY0MDU3M30:1uh2un:yXODWGdceq6lUYhDMrkZq-5My_IJkw5hqXG2p6b3xDA" 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">
                  $117,384.63
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.61%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Spotify -->
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY0MzQ4Nn0:1uh2un:3Nk6Rzck8loit8cPuBufpJyHP5-QPri3UsQhfyaUPr8" 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">
                  Spotify
                 </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">
                  $620.01
                 </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">
                     -11.55%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Spotify -->
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY0NTkzN30:1uh2un:AxTotZehL1WNlxRhlDXxTj8KDs4FIkeWzIboZwFgoA8" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 5:00pm ET.
               <a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
                Here's what these numbers mean.
               </a>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 As a teary-eyed Brett Favre said in his retirement speech before returning to football almost immediately, “All good things must come to an end.” Stocks fell and the S&amp;P 500
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  failed to secure
                 </a>
                </span>
                <span>
                 a record high for the first time in seven sessions yesterday as investors parsed a mixed bag of earnings and awaited today’s decision on interest rates from the Fed. Meanwhile, Spotify had its worst day in two years after falling short of Wall Street’s revenue expectations.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
            </tr>
            <tr>
             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
             </td>
            </tr>
           </table>
          </th>
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        </table>
        <!--[if !mso ]><! -- -->
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      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            INFRASTRUCTURE
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 The pain in your electric bill could be AI’s fault
                </a>
               </h1>
              </div>
             </table>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Electrical towers" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe30b556303d855e61ab7d304bd0e692ab191bbd2-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY0ODQ0OH0:1uh2un:EPCF79xcIiU7-De2YyvSxmlXAu_7c9CxQ3TLWMuHrjo" 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>
                  Justin Sullivan/Getty Images
                 </em>
                </small>
               </span>
              </p>
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               <td class="content-container" style="padding:15px 15px 0">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Energy costs are rising this summer, and it’s not
                 <em>
                  entirely
                 </em>
                 because you’re sitting in front of your air conditioner for 16 hours a day wondering why people prefer this season over winter.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 No, it’s mostly due to the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  prevalence of AI data centers
                 </a>
                 , the power-sucking buildings that allow users to ask generative AI bots like Grok if something is true:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   PJM Interconnection provides electricity to 13 states and Washington, DC, and is considered a bellwether for the rest of the US.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Its customers are seeing a spike in energy bills as high as 20% this summer. The boom in AI data centers is the main culprit.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Why are residents paying for Big Tech’s power needs?
                 </strong>
                 PJM conducts a yearly capacity auction, during which utilities in the states it serves pay to ensure they have enough power to cover peak usage days. Last year, capacity prices at auction rose by 833%, and the impact is now being felt. An independent monitor attributed three-quarters of those increases, which are eventually passed onto customers, to the demand from existing (and impending) data centers.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 But it’s not just data centers
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 In addition to a supply/demand imbalance and inflation, factors causing the monthly double take at your energy bill include:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The heat dome that has hovered over parts of the US this month, which was found to be a result of “human-caused climate change,” per the climate impact nonprofit Climate Central.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Costly upgrades to modernize and solidify the grid against climate disasters. Those expenses are often recouped by companies through higher electricity rates.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Interconnection queues, aka the time it takes for approval to connect more power generators that would decrease costs to the grid, can take up to five years.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Bottom line:
                 </strong>
                 Relief may not be coming any time soon. President Trump promised to cut energy costs in half during the first 12 months of his administration, but a report from a nonpartisan think tank
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  foresees prices rising
                 </a>
                 due to the One Big Beautiful Bill Act.
                 <em>
                  —DL
                 </em>
                </p>
               </td>
              </tr>
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                <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY1MTA2fQ:1uh2un:1ViQ4_cB_YzW_ZGOT1lDKPdgUWYgXhuiA7ivSDPa98E" style="width:25px;display:inline-block" width="25"/>
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                   </span>
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY1MzI1fQ:1uh2un:MtHoEyFuhyoLFuI1rWh4xTSN6pbhzdjUFA4TawyRa74" style="width:25px;display:inline-block" width="25"/>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            WORLD
           </h3>
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                 Tour de headlines
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              <img alt="pedestrians watch a tsunami alert in Japan" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fc4322560e859b443c219a62ab09c97bbbdf1d406-5568x3712.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY1NzcyMn0:1uh2un:ubtyRbrU-MafiUS_yilMVMb90Ru2pwmtmsW6l7PVXGw" 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>
                  Anadolu/Getty Images
                 </em>
                </small>
               </span>
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                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwarning-sign_26a0.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY2MDAwNH0:1uh2un:BlRt31e8gS-Yicrze_8jgBB7lZeBCtzpr25bKz07kl0" style="max-width:18px" width="18"/>
                  An 8.8-magnitude earthquake hit Russia, prompting widespread tsunami warnings.
                 </strong>
                 The quake,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  one of the four largest
                 </a>
                 of the 21st century, struck Russia’s Far East early Wednesday, triggering tsunami waves that impacted Russia, Japan, and Hawaii. No major damage has been reported thus far. Hawaii Gov. Josh Green said he was monitoring wave activity near the Big Island before he would lift emergency precautions, but that he expected to declare “
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  all clear
                 </a>
                 ” in a few hours, according to the New York Times. Tsunami waves also reached the coasts of California, Oregon, and Washington. The National Oceanic and Atmospheric Administration issued a tsunami threat alert for Papua New Guinea, Solomon Islands, and Vanuatu, urging US citizens there to be prepared to evacuate. The National Tsunami Warning Center in Alaska told the Associated Press that tsunami impacts could last for hours or up to a day in some places.—
                 <em>
                  HVL
                 </em>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Foffice-building_1f3e2.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY2MjI4M30:1uh2un:_Pidb8cerlghpBDHPpUTHNXgDkC3IBWgR2VBq_nYgSI" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  NYC mass shooter was reportedly targeting NFL headquarters.
                 </strong>
                 The gunman who killed four people and then himself inside a midtown Manhattan office building on Monday was “focused on the NFL,” Mayor Eric Adams said. The building houses the league’s corporate offices, as well as those of other major companies, including the investment firm Blackstone. Officials believe the shooter, identified as Shane Tamura of Las Vegas, took the wrong elevator and ended up on a floor belonging to a real estate company.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  A three-page note
                 </a>
                 found in Tamura’s wallet criticized the NFL and alleged that he had the degenerative brain disease CTE (which is only diagnosed posthumously) as a result of playing football. Among those he killed were NYC police officer Didarul Islam and Blackstone executive Wesley LePatner, who was one of the company’s highest-ranking women.—
                 <em>
                  AE
                 </em>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fsteam-locomotive_1f682.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY2NDE4NH0:1uh2un:crAuvZqXxq0P3VM_dlvREgkrkZT-QydUa-3oesGUg7k" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  The historic transcontinental railroad merger is a go.
                 </strong>
                 That sound you’re hearing is every AP US History teacher racing to update their syllabus. Union Pacific and Norfolk Southern officially struck a merger deal to create the country’s first
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  coast-to-coast
                 </a>
                 railroad, the companies announced yesterday, less than a week after they were reported to be in talks. If approved, the merger would mark the first time in US history that a single company controlled rail shipments across the US. Three private companies built the first transcontinental railroad in the 1860s, but that only stretched from Iowa to California. The Wall Street Journal reports that regulators have been suspicious of rail mergers in the past due to worries that they will hike prices and lower safety standards.
                 <em>
                  —AE
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
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            BUSINESS
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Boeing embraces comeback kid arc
                </a>
               </h1>
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               <img alt="Boeing plane" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F10941042c826cde788136c08dcd2f98e7a3c7bcc-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY2NjEyfQ:1uh2un:-SbNeGazriR__leo9sBVzm6KnMnOB15oEEZxqVxmNLI" 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">
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                 <em>
                  Justin Tallis/Getty Images
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                </small>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Boeing is pulling out of a nosedive after years of safety failures and a particularly chaotic 2024.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The planemaker reported yesterday that it
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  made $22.7 billion
                 </a>
                 in revenue last quarter, a 35% jump from the same quarter a year earlier. And:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Boeing shipped 280 commercial airplanes in the first six months of 2025, the biggest delivery number for the first half of any year since 2018, when it was last profitable.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   It slashed its losses to $612 million last quarter, down from $1.4 billion a year prior.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The earnings altitude gain represents a win for CEO Kelly Ortberg. The industry veteran inherited a mess worse than a lavatory after a 14-hour flight when he stepped into the role last summer, amid regulatory scrutiny over safety lapses and just before a nearly two-month strike in the fall that hampered assembly lines and, consequently, Boeing’s cash flow. But Ortberg said recently that 2025 can be the company’s “turnaround year.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 In Q2, Boeing ramped up production of its best-selling 737 Max aircraft to 38 per month—the legal limit set by federal regulators—and it aims to get permission to bump that to 42 soon.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 to convert its $522 billion order backlog into more revenue, the planemaker needs the government to green-light more of its plane models, but the target for getting the new Boeing 737 Max 7 and Max 10 certified was pushed back from this year to 2026. Boeing’s stock dropped 4% yesterday, possibly due to a looming strike in its defense division.
                 <em>
                  —SK
                 </em>
                </p>
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            Together With Pacaso
           </h3>
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           <img alt="Pacaso" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F50cbc04a91031443db6de844479774dbe279bcb2-1200x800.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY3MzI1fQ:1uh2un:reMQYhji7dRhhePy0PZAjE3wq1fGRx2fyTfHO67hZfE" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               Former Zillow exec opens doors to $1.3t market.
              </strong>
              Austin Allison sold one company for $120m. He served as an executive for Zillow. But both reached massive valuations before regular people had the chance to invest. So he built
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Pacaso
              </a>
              differently. They’ve made $110m+ in gross profits to date by disrupting the $1.3t vacation-home market. And unlike his previous stops, you can invest in Pacaso as a private company.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Join for $2.90/share today
              </a>
              .
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RETAIL
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Men are loving Uggs
                </a>
               </h1>
              </div>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Men's Uggs" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F891dd20bcb02533eba9abe5e2f07ab2f18184740-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY3NTA0MX0:1uh2un:1qdpi586Ke4bd3nknhepaglsMRoANlvu60XAqMKEU4M" 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>
                  Han Myung-Gu/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Men only want one thing: chunky shoes. Deckers Outdoor’s sales last quarter
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  crushed
                 </a>
                 expectations, the company said, driven by its Ugg brand and especially its men’s shoes.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Sales of Uggs—which account for roughly 51% of annual sales for Deckers—jumped to $265 million in the quarter, up 19% compared with the same time last year. The brand’s men’s division grew almost 38% during the same period:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Ugg’s primary audience is still women, but it has made
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    an effort
                   </a>
                  </span>
                  <span>
                   to attract men in the last few years, highlighted by a collab with Post Malone.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Execs also credited the success to the brand pushing its ugly-but-cute footwear year-round with new sandals and sneakers, rather than sticking to cold-weather wares.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Big picture:
                 </strong>
                 The shoe industry is riddled with upstarts and long-dormant underdogs inching toward upsetting the big names. New Balance
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  outfits
                 </a>
                 the NBA’s No. 1 overall draft pick, Cooper Flagg. And Hoka, also owned by Deckers, has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  snagged
                 </a>
                 market share from Nike in the running category. The chunky running shoe brand posted a 20% revenue jump last quarter.
                 <em>
                  —MM
                 </em>
                </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            STAT
           </h3>
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                 Prime number: 1 in 10 US adults is a millionaire
                </a>
               </h1>
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              <img alt="illustration of the Who Wants to be a Millionaire meme" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3223a44794da35a79a949d1cbf835e69183fdc28-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY4MzkwNn0:1uh2un:51EMb8kfVMH2gFOBB6tmbaoGp6gEaP3Y-lG0ClbMXBo" 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>
                  Anna Kim
                 </em>
                </small>
               </span>
              </p>
             </div>
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                 If only Regis Philbin were around to see this. Roughly
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  1 in 10 adults
                 </a>
                 in America has a net worth of at least $1 million, the Associated Press reported.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 In total, the US boasts ~24 million individual millionaires, the most of any country and nearly four times as many as second-place China. That’s also 15 times more millionaires than the US had 30 years ago.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 But it’s a bit of a mirage. It takes twice as much cash today to equal the buying power of three decades ago, while most “millionaires” have much of their wealth tied up in long-term investments that they don’t access. “It’s no longer a backstage pass to palatial estates and caviar bumps,” one expert told the Associated Press.
                 <em>
                  —AE
                 </em>
                </p>
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            Together With Vuori
           </h3>
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           <img alt="Vuori" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fbe67012984f860468c2888191e8abda07c9b3975-1200x800.jpg%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY4NjE1fQ:1uh2un:IChduCrBO6oirhT6XIu0VFBpMK8_Ogbq50r80k4ZMqE" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               Short and sweet.
              </strong>
              As in: These
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Kore Shorts
              </a>
              from Vuori are pretty sweet. They’re moisture-wicking, they’re quick-drying, and they’ve got four-way stretch for comfort and versatility. It shouldn’t be a big shocker that they’re also bestsellers. Check out Vuori’s breathable
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               5-inch lined style
              </a>
              , now officially back in stock (but likely not for long).
             </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            NEWS
           </h3>
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            <td class="card-content">
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <div class="title-container" style="padding:0 15px">
               <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">
                 What else is brewing
                </a>
               </h1>
              </div>
             </table>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The US and China
                   </a>
                  </span>
                  <span>
                   agreed to continue their tariff truce talks following the latest round of trade negotiations in Stockholm, Bloomberg 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">
                    UK Prime Minister Keir Starmer
                   </a>
                  </span>
                  <span>
                   said the country will recognize a Palestinian state unless Israel agrees to a Gaza ceasefire by September, a move that Israel called “a reward for Hamas.”
                  </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">
                    Apple
                   </a>
                  </span>
                  <span>
                   closed a retail store in China for the first time, even as it looks to mount a comeback in the market, where sales have floundered.
                  </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 Chase
                   </a>
                  </span>
                  <span>
                   is nearing a deal to replace Goldman Sachs as Apple’s credit card partner, the Wall Street Journal 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">
                    Starbucks
                   </a>
                  </span>
                  <span>
                   same-store sales fell for the sixth straight quarter, though CEO Brian Niccol said the company’s turnaround is ahead of schedule.
                  </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">
                    Katy Perry and Justin Trudeau
                   </a>
                  </span>
                  <span>
                   were spotted dining together at a restaurant in Montreal, for those of us who care about such things.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
      </div>
      <!-- <![endif]-->
      <!-- END STORY ARTICLE -->
      <!-- 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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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY4ODMwN30:1uh2un:7RmYBFfF4LhoU5t8y7qWD1G_OwQLFrw_m2XsmeptNAs" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY4OTc3NX0:1uh2un:8Xyg7hJaXzbsCjrTfGLUaxNmZJjf8MtdQdZmTxNbx-s" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Upgrade:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Reusable napkins
                  </a>
                  so delightful, you’ll feel like royalty when using them.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5MTgzOH0:1uh2un:gemvOVsTUSl9ALelRO2hqxYl9Hl1vqckNATe1pyVwnY" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Brighten up:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   best reading lights
                  </a>
                  for every type of reader.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5Mzc1fQ:1uh2un:AjyPZz9N-EEov-U_Ww8TizJ36qM8SW5NoeKUTpwLNJ8" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  A
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   child prodigy
                  </a>
                  goes ham on the keys after hearing Elton John’s “Crocodile Rock” for the first time.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5NDk3NX0:1uh2un:ti4uPNo1tGgvkD9SdYxqky1lrkIziH3Zd2YlZmd9cPk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   most anticipated books
                  </a>
                  of the second half of 2025.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <strong style="color:#000">
                   <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5NjA4NH0:1uh2un:NUt3Z1kV7zE6KQJz-Veo6j7OuXkHHzr-NMO6pd1KRAE" style="max-width:18px" width="18"/>
                   Row like a pro—at home:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Hydrow’s Summer Cyber Sale
                  </a>
                  is on: up to $450 off the most immersive rowing workout out there.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Use code SUMCYBERPRO by Aug. 20
                  </a>
                  to get yours.*
                 </p>
                 <placementslot data-id="8392ba82bbc6">
                 </placementslot>
                 <placementslot data-id="e1d2d1ac994b">
                 </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>
       </table>
       <!--[if !mso ]><! -- -->
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      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3524949da8d220051120175f97246671d52e0b38-2700x660.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5NzQ3OX0:1uh2un:xI4xYTX-BQPWoEyVLimMf64J7WhYuIrkNbcgA1RIYo8" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Word Search:
                 </strong>
                 See if you can complete today’s geographic puzzle without the help of a globe.
                 <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">
                 Sound trivia
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 According to the American Academy of Audiology, what was the loudest known sound on Earth?
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            SHARE THE BREW
           </h3>
          </div>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Share Morning Brew
                 </a>
                 with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 We’re saying we’ll give you free stuff and more friends if you share a link. One link.
                </p>
                <a>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM4NjY5NjEuMzY5ODkxNH0:1uh2un:or3rMysDgZqT-BGYJyP97ywM6q-gNHAvPlWhAVgNeZc" 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>
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            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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      <!-- STORY ARTICLE -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            ANSWER
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="card-content">
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              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  volcanic eruption
                 </a>
                 of Krakatoa in Indonesia in 1883. The eruption was so loud that it was reportedly heard 1,300 miles away and circled the Earth 4x before dissipating.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <span style="text-decoration:underline">
                  Word of the Day
                 </span>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: palatial, meaning “large and highly decorated, like a palace.” Thanks to Oba from London, who perhaps found inspiration close to home, for the suggestion. Submit another Word of the Day
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  here
                 </a>
                 .
                </p>
               </td>
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      <!-- DISCLAIMER -->
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             <p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
              <strong style="color:#000">
               ✳︎ A Note From Pacaso
              </strong>
             </p>
             <span style="font-size:10px">
              <p style="margin-top:0;margin-bottom:15px;line-height:22px">
               This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at
               <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                invest.pacaso.com
               </a>
               . Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals. Past performance is not indicative of future results.
              </p>
             </span>
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        <td style="text-align:center;padding:10px 0;font-size:21px">
         <a rel="noopener" style="vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block" target="_blank">
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