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   Daily Brew // Morning Brew // Update
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     Amazon and Walmart are said to be considering coins...
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             June 14, 2025
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               Good morning.
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              “Arise, Sir Beckham.”
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              Those words are not actually said in a knighthood ceremony, but English soccer icon and former LA Galaxy star David Beckham was indeed knighted yesterday by King Charles III for his contributions to sports and charity, Buckingham Palace said. That also means his wife, Victoria, will be known as Lady Beckham, her second most impressive nickname after Posh Spice.
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               —Sam Klebanov, Molly Liebergall, Dave Lozo, Matty Merritt, Abby Rubenstein, Neal Freyman
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               MARKETS
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            <!-- Nasdaq -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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               <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzIzNzg0fQ:1uQNbQ:4MboQrWouhKgffvwdyRy4Cn7jMZbaVbsl9YSqgZgOas" 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">
                  19,406.83
                 </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">
                     -1.30%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
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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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzIzODkwOH0:1uQNbQ:tjEJ47_tiElzoQpQW8EqvabyLbpDP6NGu-s1IRjS95Q" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  S&amp;P
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  5,976.97
                 </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">
                     -1.13%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzIzOTk1NH0:1uQNbQ:O-zkVvBfNk84_yOv1jrt_4S23LchNKnFvbi22EYmk3E" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  42,197.79
                 </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">
                     -1.79%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI0MDk5Mn0:1uQNbQ:WfzlnfZcUmbBEalqY8DaNDrOEtw5oyQYSY0xEsb_quc" 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">
                  4.424%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +7.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI0Mjc4fQ:1uQNbQ:VP6J8yYqAS-Z2Zoy9oPqOziJnoMkTHEK8uz-O95Kf2I" 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">
                  $105,646.17
                 </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">
                     -0.71%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Oracle -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI0Mzk4MX0:1uQNbQ:FXeW9BHntpDcTirvIsCjBvkJvnDzkgNkgNUbm4_qzWE" 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">
                  Oracle
                 </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">
                  $215.22
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
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                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +7.69%
                    </p>
                   </td>
                  </tr>
                 </table>
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               </tr>
              </table>
             </td>
            </tr>
            <!-- END Oracle -->
            <!-- START REGULAR TEXT -->
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                <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI0NTEwNH0:1uQNbQ:xASPygrCDuGkPu8jPU81RFWkhphv_1Yds_YWCYET3_w" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
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              </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 6:00pm 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>
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            <!-- END REGULAR TEXT -->
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              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 Stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  fell
                 </a>
                </span>
                <span>
                 yesterday as investors reacted to the geopolitical risk and spiking oil prices brought on by the conflict between Israel and Iran (more on that below). Companies related to oil and defense were an exception. So was Oracle—which had its best week since 2001, rising 24%—thanks to a strong earnings report and high hopes for its cloud computing product.
                </span>
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            INTERNATIONAL
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Israeli strikes on Iran shake oil markets
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               <img alt="Iran attack" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fc1b74b7e051a6446e825fb24fcfd5942befe28cd-1500x1000.jpg%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI0NjE5OX0:1uQNbQ:ro4Je1h9Hshe61AJBLLyOr-DRT5J-68s3wwaIYgNGMQ" style="width:100%;max-width:670px;display:block" width="670"/>
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                  NurPhoto/Getty Images
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                 Israel
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  launched
                 </a>
                 a sweeping attack on Iran’s nuclear facilities and missile sites early yesterday, killing military top brass, nuclear scientists, and civilians. Israel says it will continue striking military targets in the country, and Iran responded by launching drones and missiles at Israel, with civilian deaths and injuries reported. (See the latest updates
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  here
                 </a>
                 .)
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The risk of further escalation has implications for the people living in both countries—and for the world economy. The conflagration in the region known for its oil fields sent Brent international crude oil prices up by as much as 13% to $78 per barrel yesterday, as traders
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  priced in the risk
                 </a>
                 of shipments getting disrupted.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Oil on shaky ground
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 While oil prices pared gains once investors noted that Israel has so far abstained from targeting Iran’s Kharg Island terminals—which 90% of the oil Iran ships abroad passes through—there are other possible threats to the world’s supply of black gold.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Some analysts fear Iran could make the unlikely move of attempting to block ships passing through the Strait of Hormuz, which serves as a conduit for a third of the world’s seaborne oil.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   That would scramble oil exports from other Persian Gulf countries, including the United Arab Emirates, Saudi Arabia, and Kuwait.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Analysts project that this scenario could cause oil prices to shoot up past $120 per barrel, driving inflation globally as the commodity not only fuels transportation but is also a vital industrial input.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  But…
                 </strong>
                 experts say that it’s improbable, as Iran likely lacks the military might to block traffic in the strait entirely, especially if the US Navy were to retaliate. And analysts say that the world currently has enough oil supply to offset a smaller shock like a disruption of Iran’s own oil exports. Other major oil producers like the US, Saudi Arabia, and Russia could step in with ramped up production to prevent shortages.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Meanwhile…
                 </strong>
                 the conflict provided an update on whether the dollar is still seen as a safe haven asset, even amid recent uncertainty-inducing tariff moves. The dollar’s value rose yesterday as investors rushed to panic buy USD and US Treasury bonds, but the greenback rose less than it had during similar crises.
                 <em>
                  —SK
                 </em>
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                  Military parade and protests planned for today.
                 </strong>
                 It’s likely to be a busy day on America’s streets. More than 6,000 troops
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  are scheduled
                 </a>
                 to march on parade through Washington today to celebrate the Army’s 250th anniversary, which also coincides with President Trump’s birthday. About 200,000 people are expected to attend, and the event is expected to cost up to $45 million—but there’s a chance thunderstorms could dampen the festivities. Meanwhile, activists who object to the president’s policies are planning to hold “No Kings”
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  protests
                 </a>
                 across the US at the same time. Tensions are running high amid demonstrations against federal immigration raids in LA that President Trump deployed the National Guard and Marines to stop this week.
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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%252Fshrug_1f937.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI1MjQzM30:1uQNbQ:dkdxIFDLpv5UdBd_fWCKhvGsCrstv2fMdaCWFGM1FlQ" style="max-width:18px" width="18"/>
                  Consumers aren’t so worried about tariffs any more.
                 </strong>
                 American consumers have decided to look on the bright side this month. The University of Michigan
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  released
                 </a>
                 its high-profile preliminary index of consumer sentiment for June, and the data showed the first increase in shoppers’ attitudes since December. “Consumers appear to have settled somewhat from the shock of the extremely high tariffs announced in April and the policy volatility seen in the weeks that followed,” Joanne Hsu, the survey’s director said, though she noted consumers are still wary about the economy and potential inflation.
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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%252Fcut-of-meat_1f969.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI1MzQyM30:1uQNbQ:wfGWZI0qThv9fDHqE1srCDhJdS8Os7-ZPPkhm6Hul8Q" style="max-width:18px" width="18"/>
                  You can now buy shares in the world’s largest meatpacker.
                 </strong>
                 Brazil’s JBS
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  debuted
                 </a>
                 on the New York Stock Exchange through a direct listing yesterday after delisting its stock from Brazil’s São Paulo Stock Exchange, where it had traded since 2007. The meat packing company, which opened at a price that valued the company at ~$30 billion, has been looking to access the US market since 2009, but it faced delays and regulatory hurdles—in part because of accusations of corruption and bribery in Brazil.—
                 <em>
                  AR
                 </em>
                </p>
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              Stop us if you’ve heard this one: A group of PhD scientists from Johns Hopkins, Harvard, and Stanford who walked into a lab—and left with a breakthrough probiotic in hand.
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              <em>
               Akkermansia muciniphila
              </em>
              to the probiotics market, and Pendulum’s
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Akkermansia probiotic
              </a>
              was born.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              This groundbreaking strain can strengthen gut lining,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               improve metabolic and digestive health
              </a>
              , and naturally increase GLP-1.*
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              More than 15k medical providers recommend it, 4.5k scientific publications mention
              <em>
               Akkermansia muciniphila
              </em>
              , and loyal customers include Halle Berry (you read that right).
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Try Akkermansia yourself and
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               take 20% off
              </a>
              .
             </p>
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            FINANCE
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Amazon and Walmart might make their own crypto
                </a>
               </h1>
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              </a>
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                 <em>
                  Jeff Greenberg/Getty Images
                 </em>
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                 Company-specific cryptocurrency could soon become as prevalent as celebrity-backed tequila. The world’s two biggest retailers, Amazon and Walmart, are looking into issuing their own stablecoins for US customers to use at checkout instead of credit or debit cards, the Wall Street Journal
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  reported
                 </a>
                 yesterday.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Other big companies, including Expedia and some airlines, are also considering the move, per WSJ.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Why?
                 </strong>
                 Stablecoins—which are pegged to real assets, like the US dollar—can process payments quickly and potentially save corporations billions of dollars in swipe fees that they pay every year to credit card companies, banks, and fintech startups like Toast and Square. Merchants (aka any business that sells goods) forked over $172 billion in US transaction fees in 2023, a near 50% increase from before the pandemic, as more customers went contactless.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Financial institutions are scared.
                 </strong>
                 Visa, Mastercard, American Express, Capital One, PayPal, and Block’s stocks each dipped between 2% and 6% yesterday. Customers transitioning from paying with credit cards to crypto “is inevitable and represents a risk” to Visa and Mastercard, a TD Cowen analyst recently warned.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  It could happen soon.
                 </strong>
                 Congress will vote on a bill known as the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  GENIUS Act
                 </a>
                 , which would give private companies a blueprint for issuing their own stablecoins, as soon as Monday.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Boxabl
           </h3>
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           <img alt="Boxabl" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fd074483ec761cd3377d6fc4536d46186b5d53210-1200x800.png%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI1OTY3Mn0:1uQNbQ:BZD2JrDJlidReilf1XxhgfkbqQhkD3yoL9MnF0lnGQE" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               The father-son duo revolutionizing homebuilding.
              </strong>
              Paolo and Galiano Tiramani founded
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               BOXABL
              </a>
              with a disruptive idea: Bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours—they’re already selling, building, and delivering hundreds. Now, they’re prepping for Phase 2, combining modules into larger townhomes, single-family homes, and apartments.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Invest for just $0.80/share before the opportunity ends June 24
              </a>
              .
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            PRIVACY
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                 Your Meta AI queries about farts might be public
                </a>
               </h1>
              </div>
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              <a style="border:none;text-decoration:none" target="_blank">
               <img alt='A graphic showing examples of Meta AI prompts that were public: "Uplifting words for a gangster in a spiritual crisis" "I have a rash on my inner thighs..." "What countries do younger women like older white men?"' src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fbe23e34694c2d8e235e54e1522c01b051c768039-700x467.gif%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2MDcxfQ:1uQNbQ:Kn_UHt8ECef6Dg-iJ43qbsVfCu_f_t3Dq8Xa3bdanhE" 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>
                  Anna Kim
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Imagine a butt dial. Now imagine instead of one person getting the call, it’s the entire world. And instead of the world hearing barely audible background noise, everyone could eavesdrop on you asking about your bowel movements, thigh rashes, and culpability in white-collar crimes. That’s basically what’s happened to some Meta AI users, who are
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  asking deeply personal questions
                 </a>
                 and unwittingly posting the conversations for all to see.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Why is this happening?
                 </strong>
                 TechCrunch points out that users can’t see their settings as they post, and if you log into Meta AI through an Instagram account that’s public, your queries will also be public. And that seems to have happened a lot: Picture public Venmo posts labeled “weed purchase,” only it’s someone sending their tax info to the open internet, or it’s an audio message
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  asking
                 </a>
                 , “Hey, Meta, why do some farts stink more than other farts?”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  There’s a fix.
                 </strong>
                 If you don’t want anyone to see your search for “sexy dragons,” here’s how to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  adjust your settings
                 </a>
                 on the Meta AI app.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Comedic timing:
                 </strong>
                 This revelation comes a day after Meta
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  confirmed
                 </a>
                 it’s investing $14.3 billion in Scale AI and poaching CEO Alexandr Wang to bolster its AI products. Hopefully, $14.3 billion buys a prompt that reads, “Are you sure you want to share this?”
                 <em>
                  —DL
                 </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>
          </div>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Prime number: 120+ free flights
                </a>
               </h1>
              </div>
             </table>
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              <img alt="Airplane Aisle with View Of People Sitting on Their Seats" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fce832ebfd219764fcb7134bd9b43e8426c807305-1500x1000.jpg%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2NTA4OX0:1uQNbQ:MFuBkjHsFaCzGZaQdNzurZA7tC3jCtoWvl22MMhgj-8" 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>
                  Constantine Johnny/Getty Images
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 If dabbling in skiplagging makes you feel a little queasy from breaking the rules, you’re definitely not going to want to try the travel hack that allegedly got Tiron Alexander more than 120 free flights. Though he probably shouldn’t have tried it either, since it recently got him
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  convicted
                 </a>
                 of wire fraud and entering the secure area of an airport under false pretenses.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 According to federal prosecutors, rather than wracking up miles by overspending on a credit card, Alexander got his free flights by impersonating a flight attendant. Between 2018 and 2024, he allegedly duped multiple major US carriers into letting him fly for free as a flight attendant for another airline. Prosecutors say Alexander did work for an airline—but never as a flight attendant or pilot. He allegedly scored the free rides by using employee badge numbers and fudged hiring dates to book flights available only to pilots and flight attendants. They didn’t mention whether he looked as suave doing it as Leo did in
                 <em>
                  Catch Me If You Can
                 </em>
                 .—
                 <em>
                  AR
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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           <h3 style="color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            Together With Skratch
           </h3>
          </div>
          <a style="border:none;text-decoration:none" target="_blank">
           <img alt="Skratch" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F8281c366b3d3d9571d9ff6c3530c39791ad3988e-1000x750.jpg%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2NjE3M30:1uQNbQ:B7OA8Sv1sspFubuLntClTufPcI6fs0Mkgr2i89aDehc" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
          </a>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               What’s a fair pin placement?
              </strong>
              This week in the
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               U.S. Open
              </a>
              , golfers will be tested by some of the hardest hole locations they’ll face all year. Expert Ralph Bauer breaks down the math and science behind the most challenging decisions at Oakmont.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Here are the numbers that matter
              </a>
              .
             </p>
            </td>
           </tr>
          </table>
         </td>
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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">
            NEWS
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
              </div>
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                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    President Trump
                   </a>
                  </span>
                  <span>
                   issued an executive order approving US Steel’s merger with Japan’s Nippon Steel, after the companies signed a national security agreement.
                  </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">
                    23andMe founder Anne Wojcicki
                   </a>
                  </span>
                  <span>
                   is poised to regain control of the company because a nonprofit she controls outbid Regeneron Pharmaceuticals for its assets in a bankruptcy auction, offering $305 million. Wojcicki’s return to power over the company—and its DNA data—comes as a surprise after 23andMe announced last month that Regeneron had won the bidding (it got reopened because the nonprofit made an unsolicited bid).
                  </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">
                    A federal judge
                   </a>
                  </span>
                  <span>
                   paused portions of President Trump’s executive order requiring proof of citizenship to register to vote and limiting how states count mail-in ballots. It’s the second federal judge to put parts of the order on hold.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    The sole survivor
                   </a>
                  </span>
                  <span>
                   of the Air India crash recounted what he experienced.
                  </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">
                    A judge
                   </a>
                  </span>
                  <span>
                   said the US can continue to detain former Columbia student protest leader Mahmoud Khalil over claims he lied on his green card application, something that wasn’t addressed in the judge’s earlier ruling saying he couldn’t be held because of the secretary of state’s determination that he might harm foreign policy.
                  </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">
                    Ye
                   </a>
                  </span>
                  <span>
                   tried to attend Diddy’s criminal trial to show the music mogul support, but he couldn’t get into the crowded courtroom.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </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">
            RECS
           </h3>
          </div>
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            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330.png%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2NzI0NH0:1uQNbQ:Bh4YuARxw9CFk07ahpr-3CRFIFWal2TVnoecATqTVuU" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
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                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  Want more tips from the Brew? Check out our top recs
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   here
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2ODIyMX0:1uQNbQ:WMqBAIB4AqmfGq5DiDxAKRZpB0D_Ww0AR0kbw0xRGuk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Organize:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   A bowl
                  </a>
                  to keep your produce fresh and your countertop clear.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI2OTE1NH0:1uQNbQ:XWscN-eNYO1KMDddr884YTsw6ZkUKiS734bVaT6NKmk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  The Nats call
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Bruce the bat dog
                  </a>
                  up to the majors.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI3MDEyNH0:1uQNbQ:oaME8QX6UNbRTJe1zTCcrQS33qnY-f9WTX5lfrI0pJQ" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   What the bleep?
                  </strong>
                  An academic analysis of
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   how people swear online
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI3MTA5fQ:1uQNbQ:WKD_negI6w4R8hF2LpbzvTh4Jp1eML5xbD2lL1eCNnk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Make something special:
                  </strong>
                  Father’s Day
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   dinner recipes
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI3MjA2fQ:1uQNbQ:qLyN0fx64hRNeTzLuAsC_qC12mamEfMLULJnKIsQ7Ws" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Masterpiece in a mug:
                  </strong>
                  Fuel your break-time hustle with the same energy you bring to the boardroom. With
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Flavia
                  </a>
                  , you can brew café-quality drinks right in the workplace.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Taste the difference
                  </a>
                  .*
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NDk4OTQ5MDguNzI3MzAzM30:1uQNbQ:7PzsteeAcNwkbSf0Z4jAT2Rea6OjaLEypLL5xiKZwwE" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Summer strike:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Bowlero’s 2025 Summer Pass
                  </a>
                  is the ultimate way for families, friends, and bowling lovers to enjoy an action-packed summer without breaking the bank.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Get yours
                  </a>
                  .*
                 </p>
                 <placementslot data-id="1eb2485f290a">
                 </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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      <!--[if !mso ]><! -- -->
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       <!-- <![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">
            GAMES
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="card-content">
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              <div class="title-container" style="padding:0 15px">
               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 The puzzle section
                </a>
               </h1>
              </div>
             </table>
             <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">
                  Brew Crossword:
                 </strong>
                 Today’s crossword asks you to “do the math” (no math is actually required).
                 <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">
                 Open House
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Welcome to Open House, the only newsletter section that won’t accept anything less than 10-foot ceilings. We’ll give you a few facts about a listing and you try to guess the price.
                </p>
                <img alt="Rowhouse in Philly" class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2025-06-13%252Fimage-123df2386fda7aa197e340d7634ca021a454680c-1046x803-gif%252Fphilly.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3NDk4OTQ5MDguNzI3NDA3NX0:1uQNbQ:6H-s5k5Mr94MiUjlj_-HgcmAZhZ1yWiM8OLjsAws-vU" style="display:block;width:100%!important" width="670"/>
                <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                 <small>
                  <em>
                   Zillow
                  </em>
                 </small>
                </span>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s 7,500-square-foot townhouse is in Philadelphia, PA. It was built in 1863 and is featured on the Philadelphia Register of Historic Places, so there’s plenty to brag about at dinner parties. Amenities include:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   4 beds, 6 baths
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Windows and doors that look like they’ve been taffy pulled
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Marvelous millwork
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 How much for the city palace?
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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      <!-- STORY ARTICLE -->
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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>
          <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">
                 <a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Share Morning Brew
                 </a>
                 with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 We’re saying we’ll give you free stuff and more friends if you share a link. One link.
                </p>
                <a>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
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                  $8.4 million
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                  Word of the Day
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: suave, meaning “smoothly though often superficially gracious and sophisticated.” Thanks to smooth operator Nick from Maryland for the suggestion. Submit another Word of the Day
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               ✢ A Note From Pendulum
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               *Based on preclinical studies. This product is not intended for weight loss.
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               ✳︎ A Note From Boxabl
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               This is a paid advertisement for Boxabl’s Regulation A offering. Please read the offering circular at
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                https://www.boxabl.com/invest#circular
               </a>
               .
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