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   Daily Brew // Morning Brew // Update
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     Merger could create new transcontinental railroad...
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             July 25, 2025
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              together with
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              <strong style="color:#000">
               Good morning, and Merry Christmas in July!
              </strong>
              While today’s summertime celebration sounds like it was invented by Hallmark, it actually has less commercial
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               origins
              </a>
              : The day goes back to the 1930s, when the co-founder of a girls’ camp in North Carolina thought campers needed a little extra magic.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              From there, it spread throughout the US, with retailers (including Hallmark) pouncing on the opportunity. In the Southern Hemisphere, where it’s currently the middle of winter, some celebrate to feel closer to those classic holiday vibes that Northernites enjoy in December.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              But whether you partake in the festivities or not, there’s never a bad time to reconnect with your hometown sweetheart for a chaste kiss in a gazebo.
             </p>
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              <em>
               —Sam Klebanov, Molly Liebergall, Matty Merritt, Adam Epstein, Abby Rubenstein, Neal Freyman
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              <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
               MARKETS
              </h3>
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            <tr>
             <td class="pad5m">
             </td>
            </tr>
            <!-- Nasdaq -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI2Nzk5Nn0:1ufEwb:Cb5DIfjURCTt6DmUyRf6K4SNY3oy7eHXJ8oToWrDryw" style="width:22%" width="20"/>
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                 <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">
                  21,057.96
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +0.18%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI2ODk4Nn0:1ufEwb:fr6fm5HB4shVHU2yCogYEYwhtREP99BKAA-XsLTlJ38" 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">
                  6,363.35
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +0.07%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI2OTk4Mn0:1ufEwb:aviI9YFIiVsQHCPu7f7NsDu83wmQlTgjW9w3FLQYfEI" 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">
                  44,693.91
                 </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">
                     -0.70%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI3MDk3Mn0:1ufEwb:d_1f2CHVptX6FGfJ7NLxV55uStTNucWapdNIuk9mh-E" 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">
                  4.408%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +2.0 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">
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI3MTk2Nn0:1ufEwb:vXSQ2jPmM6ssEVxOSrOHbeQX-yqyw8nSzz8thMpzB50" 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">
                  $118,845.85
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     +0.71%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Tesla -->
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI3Mjk2fQ:1ufEwb:LprozsvPU0IqvDAhLKSmwHX6cMKtcdmMFPXDk3EcDHY" 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">
                  Tesla
                 </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">
                  $305.30
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -8.20%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Tesla -->
            <!-- START REGULAR TEXT -->
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             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
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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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI3Mzk2fQ:1ufEwb:kpLrdU4ModBhP79JhLyjHdXkSHEfAKHfiXB82ItDvmI" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
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               </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>
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            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 Stocks finished Thursday
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  narrowly up
                 </a>
                </span>
                <span>
                 as Google’s solid earnings gave a lift to the Nasdaq. That was enough to counteract the ghastly vibes still haunting Tesla, which tanked yesterday after reporting another sales miss and CEO Elon Musk warned of “rough quarters” ahead.
                </span>
               </li>
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              <div style="display:none">
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      <!-- STORY ARTICLE -->
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            BUSINESS
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Merger would create a new transcontinental US railroad
                </a>
               </h1>
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               <img alt="Union Pacific railroad" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe0a82646afea96cea739b524b5b02f5dcca52547-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI3NDk5fQ:1ufEwb:8Or3--yQLiKDr3FYYzVhz2Z8zqpZmSCSj_LvtjZ7KIM" 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>
                  Houston Chronicle/Hearst Newspapers/Getty Images
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 A single megarailway might soon connect the land of Wawa to In-N-Out country. The biggest freight railroad in the country, Union Pacific, and fellow rail giant Norfolk Southern
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  confirmed reports
                 </a>
                 yesterday that they are in advanced talks to form America’s first ocean-to-ocean railway.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Union Pacific says fusing into a $200 billion behemoth would make shipping goods between the Eastern and Western US more efficient, since they wouldn’t have to be transferred between tracks run by different companies.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 But a deal would likely face regulatory hurdles as well as potential opposition from labor unions and companies that send their wares by rail, who are concerned that it would diminish competition and push up freight prices.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Gilded Age throwback
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The prospect of continent-spanning freight tracks hearkens back to the ambitions of early 20th century railway magnates in the era when rail was the go-to method for shipping goods cross-country.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Total freight track mileage peaked in 1916, after which trucking eroded much of rail’s market share and the industry consolidated around a handful of giants:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Union Pacific and Warren Buffett-owned BNSF operate tracks west of Chicago, while Norfolk Southern and CSX dominate in the Eastern US.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Just like people in their 30s feeling pressure from seeing their friends get married, BNSF and CSX are reportedly considering a merger in order to compete with a combined Union Pacific and Norfolk Southern.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Analysts say East-West mergers could give the industry a much-needed boost as it struggles with fluctuating freight volumes, rising costs, and reliability issues.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  But the deal could be derailed…
                 </strong>
                 by the Surface Transportation Board (STB), the federal agency in charge of approving it. It previously opposed rail consolidation unless it enhances competition, but STB’s current stance on the matter is unclear. In any case, it will likely be a lengthy process. Approval of the most recent merger in 2023 took almost 17 months.
                 <em>
                  —SK
                 </em>
                </p>
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            together with  Indeed
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              Responsible AI on the rise
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              In the age of AI, it isn’t always a STEM degree that can land a job. Sometimes, a strong understanding of ethics will do just fine.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Indeed Hiring Lab
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              dives into the rise of responsible AI jobs, who’s hiring for them, and what it means for the future of work in the U.S. and globally. It reveals the emerging roles that use AI thoughtfully and effectively.
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              Roles like “AI ethicist” or “responsible AI lead” are now surging across industries.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              See which
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               industries lead the pack
              </a>
              when it comes to responsible AI jobs, and so much more.
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              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Read the full report to learn more
              </a>
              .
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            WORLD
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                 Tour de headlines
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                  Stephen Maturen/Getty Images
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                </small>
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                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fright-pointing-magnifying-glass_1f50e.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODI4MTE3Nn0:1ufEwb:iUeYlg2lL6q6Fv7__Z4BcTWake_N5Xein_ngTZ_78uY" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  UnitedHealth confirmed it’s being investigated.
                 </strong>
                 The healthcare giant said in a securities filing that it’s cooperating with the Justice Department in civil and criminal
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  investigations
                 </a>
                 following recent reports from the Wall Street Journal that the DOJ was looking into the company’s Medicare billing practices. WSJ reported that UnitedHealth had added unnecessary diagnoses to Medicare patients’ records that increased payments. It’s the latest setback for a company that ousted its CEO in May after its stock price cratered.
                </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%252Fmobile-phone_1f4f1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODI4MjUxfQ:1ufEwb:udmHOJQ8dzBPch8w65_y-snY3vc3ghA3vmd92e9QfVA" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  TikTok could go dark in the US, commerce secretary warns.
                 </strong>
                 Secretary of Commerce Howard Lutnick said yesterday that TikTok will be
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  banned in the US
                 </a>
                 if China does not agree to cede control of the app to an American majority owner by a Sept. 17 deadline. “We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC. President Trump has extended the deadline for a deal three times since taking office in January. CNBC reported that it’s unclear where talks currently stand, though Trump said in June that there was a group of “very wealthy people” ready to buy the app.
                </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%252Fwrestlers_1f93c.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODI4MzQ4fQ:1ufEwb:JPoDdPoJ_ULTYI8-YKVCItWeIldG3Iw5LZkLTYT6GL4" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Hulk Hogan died at 71.
                 </strong>
                 The Hall of Fame wrestler
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  died
                 </a>
                 of cardiac arrest yesterday about two months after undergoing spinal fusion surgery. Considered the greatest professional wrestler of all time, Hogan, whose real name was Terry Bollea, signed with the WWE (then the WWF) in 1983, going on to win six championships. He also had a prolific acting career, playing the role of “Thunderlips” in
                 <em>
                  Rocky III
                 </em>
                 and appearing as himself in countless films and TV shows. In 2015, he was briefly dropped by WWE following reports that he had used racial slurs in a leaked sex tape. A year later, he was awarded $115 million after suing Gawker Media, which had published a snippet of the leaked tape, for invasion of privacy. Hogan also spoke at the 2024 Republican National Convention, where he endorsed President Trump before ripping his shirt off.
                 <em>
                  —AE
                 </em>
                </p>
               </td>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            AI
           </h3>
          </div>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 $1b of Nvidia chips got into China, despite the ban
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Cartoon of man in trench coat selling semiconductors" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Feff16615a6e2405f4a29d6a506c4cc3809c0a98c-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI4NTE3fQ:1ufEwb:QFJF98mOYRE03TkPm1t0FMi0R8ntP5cVBdlXCw8mp5k" style="width:100%;max-width:670px;display:block" width="670"/>
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               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Anna Kim
                 </em>
                </small>
               </span>
              </p>
             </div>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 As Jeff Goldblum once said in
                 <em>
                  Jurassic Park
                 </em>
                 : “Life finds a way,” and so do China’s AI demands. At least $1 billion worth of cutting-edge semiconductors have been
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  smuggled
                 </a>
                 into China since President Trump blocked Nvidia chip sales to the country in April, the Financial Times reported yesterday.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 According to the FT:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The latest Nvidia processors are being sold in China, where some distributors openly advertise on social media. It’s “like a seafood market,” one seller said.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Some crates in the online videos carry the logos of Supermicro, Dell, or Asus, which package Nvidia chips into data-center-ready racks. There’s nothing to suggest these companies were aware of this.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Eight-chip racks of the black market’s most popular semiconductor, Nvidia’s B200, are going for $419,000 to $489,000—a 50% markup on average US prices.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 But Nvidia said it won’t help China’s tech advance,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  telling
                 </a>
                 CNBC that making data centers with smuggled parts is “a losing proposition, both technically and economically.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  How are they getting there?
                 </strong>
                 Possibly through southeast Asia. The US has started
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  planning
                 </a>
                 bigger restrictions on chip exports to Thailand and Malaysia over these suspicions.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 Nvidia got the initial go-ahead to resume selling its less-powerful H20 chip to China, CEO Jensen Huang announced last week. While this could somewhat weaken the black market, “there will always be demand for the most cutting-edge stuff,” one distributor told FT.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Pacaso
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               The key to a $1.3t opportunity.
              </strong>
              A new real estate trend, co-ownership, makes luxury properties more obtainable, revolutionizing a $1.3t market. Leading it?
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Pacaso
              </a>
              . Founded by a former Zillow exec, they’ve earned $110m+ in gross profits to date. No wonder the same VCs behind eBay, Uber, and Venmo also backed Pacaso. They even reserved the Nasdaq ticker PCSO.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Invest today for $2.90/share
              </a>
              .
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            RETAIL
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                 Sydney Sweeney moves markets
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                  American Eagle
                 </em>
                </small>
               </span>
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                 American Eagle is brute-forcing its denim back into your shopping cart. The retailer’s
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  new campaign
                 </a>
                 with Hollywood “It Girl” Sydney Sweeney rolled out this week, immediately sending the company’s stock up as retail investors latched on. Details of the deal weren’t disclosed, but it is reportedly American Eagle’s most expensive campaign to date.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The campaign, called “Sydney Sweeney Has Great Jeans,” features photos of the
                 <em>
                  Euphoria
                 </em>
                 actress in both men’s and women’s jeans on a 20-story, 3D billboard in Times Square and towering ads wrapping the Las Vegas Sphere. You can also find Sweeney in various denim looks via AI Snapchat lenses that let you virtually try on jeans and paid ads on BeReal.
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The line includes a limited-edition denim jacket and a pair of jeans designed by Sweeney and her stylist, with profits going to Crisis Text Line.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   American Eagle hopes the big swing will capture the back-to-school shoppers after its revenue dropped 5% last quarter.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Don’t call it a meme stock.
                 </strong>
                 American Eagle stock
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  jumped 19%
                 </a>
                 in premarket trading yesterday following the Sweeney announcement, though it ended the day only up about 4%. And sure, Redditors were talking about the campaign, but this isn’t the first time Sweeney’s presence almost instantly boosted a brand. Last month, the actress’ Dr. Squatch campaign helped secure the company’s sale to Unilever.
                 <em>
                  —MM
                 </em>
                </p>
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            STAT
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                 Prime number: The most-taught books
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              <img alt="The Great Gatsby" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F01204d46572608a2685a4a8fdba06141cffd86de-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI5NTY1NX0:1ufEwb:X70uv4gS1UKWuE_TC8xS2h5lWc54DJjju3JTY2_fpqs" 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>
                  Oli Scarff/Getty Images
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Apparently, curriculum makers do not think anything written in the last 60 years is worth teaching in classrooms, but that’s probably because they haven’t yet read
                 <em>
                  Rebels: City of Indra: The Story of Lex and Livia
                 </em>
                 by Kendall and Kylie Jenner.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Per a survey of 4,000 teachers, the 10 most popular books taught in US classrooms today were all published more than 60 years ago. And the list
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  hardly changes
                 </a>
                 over time: Six of the 10 titles (marked in bold below) were also among the most popular in 1989.
                </p>
                <ol>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     Romeo and Juliet
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     The Great Gatsby
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <em>
                    The Crucible
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     Macbeth
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     Of Mice and Men
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     To Kill a Mockingbird
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <em>
                    Night
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <strong style="color:#000">
                    <em>
                     Hamlet
                    </em>
                   </strong>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <em>
                    Fahrenheit 451
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <em>
                    Frankenstein
                   </em>
                  </span>
                 </li>
                </ol>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Many teachers say they’d prefer to assign new books but are censored by school districts, local governments, and parents. One of the most-censored books, per the survey, is
                 <em>
                  The Handmaid’s Tale
                 </em>
                 .
                 <em>
                  —AE
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
      </div>
      <!-- <![endif]-->
      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
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       <!-- <![endif]-->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            QUIZ
           </h3>
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           <tr>
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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Friday news quiz
                </a>
               </h1>
              </div>
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               <img alt="Friday news quiz banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7c7a69cfb99fa964a9a37bcb3ccd83ca02c2c054-2700x660.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODI5NjY4NX0:1ufEwb:6t5--sVOWKBgZrykmmalg_PYlLAL8qyhNYUUVeJQ_xw" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
             </div>
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              <tr>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The feeling of getting a 5/5 on the Brew’s Weekly News Quiz has been compared to setting a new PB at the gym.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 It’s that satisfying.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Ace the quiz
                 </a>
                 .
                </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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                <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 Israel
                   </a>
                  </span>
                  <span>
                   recalled their teams from Gaza ceasefire talks, accusing Hamas of not negotiating in good faith. In a joint statement, several human rights groups warned of “mass starvation” across the territory due to Israel’s restrictions on aid.
                  </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 FCC
                   </a>
                  </span>
                  <span>
                   formally approved Skydance’s $8 billion merger with Paramount, putting David Ellison in charge of CBS, Paramount Pictures, and other media properties.
                  </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">
                    Thailand
                   </a>
                  </span>
                  <span>
                   allegedly launched airstrikes on Cambodian military targets as tensions escalate over a longstanding border dispute.
                  </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">
                    Lyft
                   </a>
                  </span>
                  <span>
                   announced it will allow users to block specific drivers or “favorite” them to increase the chances of getting matched for a ride.
                  </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 US fertility rate
                   </a>
                  </span>
                  <span>
                   fell to an all-time low last year, at 1.6 children per woman.
                  </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">
                    NBCUniversal
                   </a>
                  </span>
                  <span>
                   is considering launching a sports cable network to complement its Peacock streaming service, 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">
                    McDonald’s
                   </a>
                  </span>
                  <span>
                   will test flavored coffees and “dirty” sodas at hundreds of US locations in September to capitalize on the Gen Z-driven drinks craze.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
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              <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODI5ODc5M30:1ufEwb:evgX2QjLU5hKdg6JzyLrfB4fH6VHBRpvyTuMsi9oUfM" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Stay dry:
                  </strong>
                  These
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   absorbent wristbands
                  </a>
                  make washing your face less of a mess.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODI5OTc5Mn0:1ufEwb:sLd6JC0yxtNXc27eTUJ00o1gcdwG-CGt_yRBe0y8J40" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Visit:
                  </strong>
                  See which US states have the most and least
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   vacation homes
                  </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODMwMDc0fQ:1ufEwb:xJzISvUT2Ht6yxAJrNgu0CbKMSsk2C54cvAwRBd3EZI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Browse:
                  </strong>
                  An
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   interactive map
                  </a>
                  of murders in medieval London.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODMwMjI3Nn0:1ufEwb:26xV5GUB1Jd1G3lYw-NGukCN213zO9gmDT5ZtE6-Ef0" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Learn memes:
                  </strong>
                  Why you’re seeing “Nothing beats a Jet2 holiday”
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   everywhere
                  </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM0MzY1NDUuODMwMzI5N30:1ufEwb:07U39QQ0K2gLthBDJHmheXsvMv0pJfqBzJx0mqokZss" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   The silver surge:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Goldco’s latest report
                  </a>
                  explores how silver can help defend your savings.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Grab the report
                  </a>
                  and gold + silver kit, and you could get up to $20k in silver.*
                 </p>
                 <placementslot data-id="3a18b2eed799">
                 </placementslot>
                 <placementslot data-id="4daa65ef54ea">
                 </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>
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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">
            PLAY
           </h3>
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               <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM0MzY1NDUuODMwNDM1fQ:1ufEwb:L6CRVuXPgVPjXD2mV5hywl2Gpcvw7RksgyRCNN-51O4" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Decipher:
                 </strong>
                 Remembering that sharing is caring might help you decode this catchy song lyric.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Try it here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Friday puzzle
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s puzzle will test your logic and estimating skills—not unlike a consulting job interview.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 How many hotel rooms are there in New York City? Give yourself credit if you get somewhat close.
                </p>
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            SHARE THE BREW
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                 <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.
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                <a>
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                 <b>
                  Your referral count:
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                 0
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                 Click to Share
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                <p style="margin-top:15px;margin-bottom:15px;line-height:22px">
                 Or copy &amp; paste your referral link to others:
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                 <a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  morningbrew.com/daily/r/?kid=979c4554
                 </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">
            ANSWER
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 135,000 (
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  source
                 </a>
                 )
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Thanks to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Puzzle a Day
                 </a>
                 for the inspo.
                </p>
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                 <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: hearkens, meaning “to recall something from the past.” Thanks to Caroline from Los Angeles, CA, 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>
                 .
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              <strong style="color:#000">
               ✳︎ A Note From Pacaso
              </strong>
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             <span style="font-size:10px">
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               This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at
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                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.
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