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   Daily Brew // Morning Brew // Update
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     The government shutdown is over...
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             November 13, 2025
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              Presented By
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               G’day.
              </strong>
              A central plaza in Melbourne was overrun yesterday with 374 bagpipers who gathered to play AC/DC’s “It’s a Long Way to the Top,” setting a new world record for the largest ever bagpipe ensemble. Impressive, but we’d like to see them try “
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Thunderstruck
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              ” next.
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               —Matty Merritt, Dave Lozo, Molly Liebergall, Abby Rubenstein
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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>
             </td>
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           <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
            <tr>
             <td class="pad5m">
             </td>
            </tr>
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1MTUzNn0:1vJUwg:3aDqHhC6IANn1Fh132_6C8DIvp5t-8dN1XWwOC5zDZw" style="width:22%" width="20"/>
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                  Nasdaq
                 </p>
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                <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">
                  23,406.46
                 </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">
                     -0.26%
                    </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%">
               <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1MjUxOH0:1vJUwg:NEnhqiN8cVhYb-VavHN47r91i_XUzELTqr4b-KA3lCY" 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">
                  6,850.92
                 </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">
                     +0.06%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1MzQ3MX0:1vJUwg:ZJiwH2yngDGJNndrwz3kbJsV-2vf9TVOvM761Wj7UnM" 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">
                  48,254.82
                 </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">
                     +0.68%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1NDQ4fQ:1vJUwg:2rH8OLrVk3LNNI4t_NvyHs_pnIOBiFXdkmgp9orM66c" 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">
                  4.065%
                 </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">
                     -5.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1NTgxOH0:1vJUwg:C8WP4i8Kkaxl8J6erFLz4qnqRGc2tX8aEt1Dj2SiDho" 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">
                  $101,877.20
                 </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">
                     -1.18%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Goldman Sachs -->
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1NzM0Nn0:1vJUwg:-jVuGCoi783DRmAE6-VPeNnFUGy_knVR0VrrR65v1Pk" 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">
                  Goldman Sachs
                 </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">
                  $838.97
                 </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:#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">
                     +3.54%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Goldman Sachs -->
            <!-- START REGULAR TEXT -->
            <tr>
             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
               <tr>
                <td style="padding-right:4px">
                 Data is provided by
                </td>
                <td style="margin:0;padding-right:5px">
                 <a style="display:block" target="_blank">
                  <img height="16px" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png%253Fh%253D32%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE1ODcyMX0:1vJUwg:YEw4w-VyB8TPjX-qFs08R3TFkvCoGooY4KqrK1V9nIA" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 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>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 The Dow notched its second consecutive record close yesterday. It was otherwise a
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  mixed
                 </a>
                </span>
                <span>
                 day for stocks, as investors watched Washington for the anticipated end of the government shutdown (more on that below). Bank stocks, including Goldman Sachs and JPMorgan, were among the winners that helped the Dow achieve new heights.
                </span>
               </li>
              </ul>
              <div style="display:none">
              </div>
             </td>
            </tr>
            <tr>
             <td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
              <div style="background-color:#e8e8e8;margin-top:0;margin-bottom:15px;padding:15px;line-height:22px">
               <p style="margin-top:0;margin-bottom:0;line-height:22px">
                <strong style="color:#1c7ff2;font-size:16px">
                 Markets Sponsored by Elf Labs
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                <strong style="color:#000">
                 AI opportunity:
                </strong>
                AI is rewriting entertainment’s $2t future. 2,200+ investors joined Elf Labs.
                <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                 Invest now for 20% bonus shares (expires at midnight)
                </a>
                .
               </p>
              </div>
             </td>
            </tr>
           </table>
          </th>
         </tr>
        </table>
        <!--[if !mso ]><! -- -->
       </div>
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      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            GOVERNMENT
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 The shutdown is over, but some effects will linger
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="he U.S. Capitol is shown the morning after the Senate passed legislation to reopen the federal government on November 11, 2025 on Capitol Hill in Washington, DC." src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-12%252Fimage-86c4638553bd68e4f4be0f6ff4c67063f499bec0-3833x2555-jpg%252FGettyImages-2246192513.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE1OTkyNX0:1vJUwg:9goPkyAkpdOqDnKBBch5RymppwFxxDopBU8706_vG1s" 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>
                  Win McNamee/Getty Images
                 </em>
                </small>
               </span>
              </p>
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              <tr>
               <td class="content-container" style="padding:15px 15px 0">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 After the longest shutdown in history, the House
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  passed
                 </a>
                 a bill last night to fund the government through Jan. 30, and President Trump signed it, reopening the federal government, which had been shut since Oct. 1.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The deal to resume government functions came together after eight Democratic senators broke ranks, allowing Republicans to pass a funding bill without extending the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  enhanced healthcare subsidies
                 </a>
                 Democrats were fighting for. The package also included reinstatement of federal workers who were laid off during the shutdown and a controversial provision allowing some Republican senators to sue over investigations related to Jan. 6, 2021. Six Democrats also voted with Republicans in the House.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Some things will quickly resume with the government back up and running:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   About 800,000 federal employees who had been furloughed or working without pay will start receiving a paycheck again and get back pay.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The spending package restores full funding for SNAP benefits through next September. Some of the nearly 42 million Americans who rely on the program should receive funds within 24 hours, but the timeframe will vary by state.
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 But…it could be a while until everything is back to normal
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The FAA started
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  cutting
                 </a>
                 flights to ease pressure on temporarily unpaid air traffic controllers last week, causing travel disruptions that peaked on Sunday with nearly 3,000 flight cancellations and 11,000 delays. With the shutdown over, the FAA said the cuts would remain at 6% this week, rather than rising to 10% as planned, and will be lifted once it is safe to do so.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 However, National Air Traffic Controllers Association President Nick Daniels said earlier this week that it took over two months for staffing levels to rebound after the last shutdown ended in 2019.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  And government data will be weird for a while.
                 </strong>
                 There will be delays, and the White House said inflation and jobs data from October, which the government has not been collecting, may never be released. That would leave the Fed without critical information when deciding whether or not to cut interest rates in December.—
                 <em>
                  MM
                 </em>
                </p>
               </td>
              </tr>
              <tr>
               <td class="social-container" style="padding-bottom:15px;padding-left:15px">
                <!-- SOCIAL LINKS -->
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F75fb8a70db5f5bc6b7210cdde05dfa91eeb3f0ef-96x96.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2MDkxNX0:1vJUwg:QVd6S9C8ewzv3BjOjAWz-6DZafXA-q7UGUkBHH-YSjI" style="width:25px;display:inline-block" width="25"/>
                   </a>
                   <span>
                   </span>
                   <a rel="noopener" style="text-decoration:none" target="_blank">
                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Ff61048cc7cca6e313215d18ddc546bbb9f5279dd-96x96.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2MjYzNH0:1vJUwg:fUbchAcVdeDO4HjDNafUlnBcyAv3V-F7OpKLH7iy-nQ" style="width:25px;display:inline-block" width="25"/>
                   </a>
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                   </span>
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4d40d61a934b028861fc21c8ae1f827b99638c5-96x96.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2NDM3NH0:1vJUwg:UUKu9piZ1iU-9e_AzeZgCF9d6DLPKHvkF49KRGOnVQs" style="width:25px;display:inline-block" width="25"/>
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      <!-- STORY ARTICLE -->
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      <div class="c6" style="margin-bottom:7px">
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            WORLD
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
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            <td class="story-content">
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Tour de headlines
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="American real estate developer Donald Trump and his girlfriend (and future wife), former model Melania Knauss, financier (and future convicted sex offender) Jeffrey Epstein, and British socialite Ghislaine Maxwell pose together at the Mar-a-Lago club, Palm Beach, Florida, February 12, 2000." src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-12%252Fimage-044d820275f838df70dab4608e3e4b72d272777b-1024x719-jpg%252FGettyImages-1192977790.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE2NTk5OH0:1vJUwg:L4fVyEL3KrYnjzf-Uftz3ZK71ze3Q3HV-GV58OH-oHI" 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>
                  Trump and Epstein at Mar-a-Lago in 2000. Davidoff Studios/Getty Images
                 </em>
                </small>
               </span>
              </p>
             </div>
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              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Foutbox-tray_1f4e4.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2NzEwNH0:1vJUwg:Ympj4_2oewn_9OkM4PabsCGrSHpMIAvYRlscoVeEMrg" style="max-width:18px" width="18"/>
                  Jeffrey Epstein said Trump “knew about the girls” in an email.
                 </strong>
                 The late financier and convicted sex offender Jeffrey Epstein suggested in emails
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  released publicly
                 </a>
                 by House Democrats yesterday that he believed President Trump was aware of his misbehavior. In an email from 2011, Epstein said one victim had “spent hours at my house with” Trump—though Republicans later identified that victim as Virginia Giuffre, who has said Trump was not involved in wrongdoing. In another from 2019, he said that Trump “knew about the girls as he asked ghislaine to stop,” seemingly referencing Ghislaine Maxwell’s recruitment of girls from Mar-a-Lago. Later in the day, Republicans released 23,000 pages of documents related to Epstein. And there could be more information made public: House Speaker Mike Johnson
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 there would be a vote next week on forcing the DOJ to release all its files, after he swore in a new Democratic rep who provided the final signature necessary to force such a vote.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Foncoming-automobile_1f698.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2ODA4NH0:1vJUwg:VMIsc_h-CURiNbsJunHnkDaTvdb1Sv4PKuEbxKc67ro" style="max-width:18px" width="18"/>
                  Waymo hops on the freeway.
                 </strong>
                 Yesterday, Waymo became the first robotaxi provider to offer rides on US
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  highways
                 </a>
                 , making it more competitive with traditional taxis—at least for customers who don’t enjoy chatting with their driver. Customers who want to see a self-driving car vroom faster can now opt in for ride routes that include freeways in San Francisco, Phoenix, and Los Angeles, the company said. This could reduce ride times by as much as 50%, per Waymo. It plans to roll the feature out to other areas in the future.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fbattery_1f50b.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE2OTU0M30:1vJUwg:bAij8eTVj9FsAdsEe-7w1j6zLrHpPukp7j_GmREY7ak" style="max-width:18px" width="18"/>
                  Toyota opens US battery plant.
                 </strong>
                 The Japanese automaker declared its $14 billion North Carolina battery-making facility open yesterday, pledging an additional $10 billion investment in US manufacturing over the next five years as it hits the gas on its strategy to sell
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  hybrid cars
                 </a>
                 . While competitors shifted their focus to full EVs, Toyota bet on hybrids, a move that has proven lucrative as hybrid use ticks up and EV interest wanes. The new factory is Toyota’s 11th US manufacturing facility, but its first battery production site outside Japan. The plant will let it step up hybrid production, supplying hybrids and EVs with batteries while saving on shipping and tariff costs.
                 <em>
                  —AR
                 </em>
                </p>
               </td>
              </tr>
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            </td>
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            Presented By Elf Labs
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              “The fairy tale is real”: midnight deadline
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             <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">
               Elf Labs
              </a>
              is redefining a $2t market, with 100+ historic trademarks to powerhouse characters like Cinderella, Snow White, and dozens more.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Their idea? Merge iconic IP with AI, AR, and patented tech to build the world’s first connected entertainment ecosystem where content, toys, devices, and holograms all interact in real time.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              And it’s working. In just 12 months, they’ve built a rapidly scaling media empire, securing a T-Mobile-backed telecom deal, raising $8m from 2,200 investors, and signing a 200-million-TV deal for their interactive content.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Led by a $6b team, they’ve already generated $15m+ in royalties, and they’re scaling fast.
             </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">
               Last chance to invest at $2.25/share—20% bonus expires at midnight
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              .
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            ENTERTAINMENT
           </h3>
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Disney is losing $4.3m per day in YouTube fight
                </a>
               </h1>
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               <img alt="An illustration of two colliding football helmets with YouTube and Disney logos on them" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-12%252Fimage-7be26e004abf64b7158b4d32a05ba54b483d0388-3000x2000-png%252Fillodisyt.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE3MjN9:1vJUwg:1Q_dIQfvNBw0vTbxU6DFo05pw_zdBbWxn7kZuvFvT5k" 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>
                  Nick Iluzada
                 </em>
                </small>
               </span>
              </p>
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                 The Disney–YouTube TV dispute that prevented many college football fans from watching 2–7 Northern Illinois take on 0–9 UMass last night is costing the House of Mouse
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  $4.3 million a day
                 </a>
                 , according to Morgan Stanley analysts.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Live sports have garnered most of the attention during the two-week dispute over carrier fees, which has resulted in the blacking out of ESPN for all YouTube TV subscribers. Some cord-cutters have even resorted to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  using an antenna
                 </a>
                 to watch
                 <em>
                  Monday Night Football
                 </em>
                 . But the real sticking point for Google-owned YouTube TV is the cost to carry Disney’s ABC, not ESPN, Awful Announcing
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  reported
                 </a>
                 :
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   ABC increasingly simulcasts live sports that were once exclusive to ESPN. Disney’s stance is that the increased availability of live sports on ABC should justify the higher costs.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Distributors like YouTube TV argue that they’re already paying for the same content on ESPN, so why should they pay for the same unwatchable Eagles–Packers game twice? But YouTube is also asking Disney for lower rates than it’s received before.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  It’s also bad PR for YouTube:
                 </strong>
                 Last week,
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  a survey
                 </a>
                 showed that 24% of YouTube TV subscribers said they canceled or planned to cancel the service as the Disney blackout entered its second week. On Sunday, YouTube TV began offering a one-time $20 credit to subscribers (YouTube TV is $82.99 per month).
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  The end may be near:
                 </strong>
                 With Disney reporting its quarterly earnings this morning, Morgan Stanley expects the companies to reach a deal to bring Pat McAfee back into YouTube subscribers’ lives by the end of the week.
                 <em>
                  —DL
                 </em>
                </p>
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            Together With Affirm
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               Stumped on Secret Santa?
              </strong>
              We bring a yule log of good tidings:
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               a gift guide
              </a>
              full of
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               product recommendations from top brands
              </a>
              <em>
               and
              </em>
              savvy spending strategies with help from Affirm. Scroll through each recipient section—from kids to spouses to coworkers—and find a batch of product recs (all of which you can buy with Affirm, btw) to complete the shopping journey.
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            ECONOMY
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Pennies are over
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               <img alt="Penny grave" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fd7b9e17ce250ae53e7f0a9ba168da16e5f42b139-1500x1000.jpg%253Fw%253D1336%2526q%253D80%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NjMwMzExNzQuNjE3OTR9:1vJUwg:-yAkM2mwxhujbYErAUmcu1LH1tuHpXk-1PUAKeqCdMs" 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>
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                 Coming soon to Facebook Marketplace: Penny molds, pre-loved, pickup in Pennsylvania. The US Mint has a bunch to spare now that it
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  pressed
                 </a>
                 its final circulating penny yesterday in Philadelphia, marking the end of one-cent coin production in the US after more than 200 years.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Though the last penny was just produced, penny shortages started mounting around Labor Day, following the US Treasury’s May
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  announcement
                 </a>
                 that it would wind down penny-minting.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Retailers are scrambling.
                 </strong>
                 Businesses haven’t figured out the best way to give cash payers exact change:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Some grocery chains asked shoppers to
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    exchange
                   </a>
                  </span>
                  <span>
                   their pennies for gift cards of double the value in an attempt to stockpile one-cent pieces.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Many retailers will round cash purchases to the nearest five-cent denomination. Convenience chain Kwik Trip opted to round down at penny-less locations, which will cost it a couple million dollars annually, a company spokesman
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    told
                   </a>
                  </span>
                  <span>
                   CNN.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Though retailers generally agree that the penny is obsolete, many feel its discontinuation has been too fast and loose. Trade groups want federal legislation that standardizes rounding rules for cash transactions, which would protect businesses against lawsuits from consumers who may feel shortchanged by price rounding.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Another complication:
                 </strong>
                 Federal law requires that SNAP recipients—who pay with debit cards—not be charged more than other customers. This could pose an issue for stores that round out cash transactions.
                 <em>
                  —ML
                 </em>
                </p>
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       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
        <tr>
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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">
            STAT
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-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">
                 Prime number: Too many A’s at Harvard
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Harvard Yard" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-12%252Fimage-1c2ace6149b284de9f9097e7061e5e0adef6fa49-1500x1000-jpg%252FMBD_Editorial_ScottEisen_GettyImages_FS_032924.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE4Mzg0NH0:1vJUwg:vA-zlmIiPz8LKVbh0THQk-tloBXf5hWaQ6OJZSJkzhE" 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>
                  Scott Eisen/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">
                 Getting into Harvard is known to be hard unless you’re Elle Woods or the child of a wealthy donor, but now the university is fretting that things might not be hard enough for the selected undergrads once they make it to campus, with professors doling out too many top grades.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 According to the Wall Street Journal, a report by the Ivy League university’s dean of undergraduate education
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  found
                 </a>
                 that:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Last year, ~60% of all grades were A’s, compared to around 25% in the 2005–2006 school year. And the median GPA for students at graduation has risen to 3.83 from 3.29 when shoulder pads were all the rage for students in 1985.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   And it’s not because Harvard students are hitting the books much more: The average time spent studying outside of class last spring was 6.3 hours per week, compared to 6.08 hours in fall 2006.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The 25-page report contains recommendations for reining in grade inflation. But not all Harvard students believe things need to change—especially since the admissions office has become even more selective. “You admitted these students because they have straight A’s, and now they’re getting a lot of A’s, and it’s, like, ‘This is a problem,’” one senior told the WSJ.
                 <em>
                  —AR
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- <![endif]-->
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      <!-- STORY ARTICLE -->
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      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            NEWS
           </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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               <h1 class="story-title" style="color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px">
                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 What else is brewing
                </a>
               </h1>
              </div>
             </table>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Anthropic
                   </a>
                  </span>
                  <span>
                   is the latest AI company to spend big to set up infrastructure. It plans to shell out $50 billion, starting with data centers in Texas and New York.
                  </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">
                    US Treasury Secretary Scott Bessent
                   </a>
                  </span>
                  <span>
                   said agricultural tariff cuts that apply to coffee, bananas, and other things that can’t be grown in the States are coming soon.
                  </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">
                    President Trump
                   </a>
                  </span>
                  <span>
                   urged Israel’s president to pardon its Prime Minister Benjamin Netanyahu, a political ally who has been accused of corruption.
                  </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">
                    European budget airline Ryanair
                   </a>
                  </span>
                  <span>
                   ditched paper boarding passes in favor of app-only travel documents.
                  </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">
                    Skims
                   </a>
                  </span>
                  <span>
                   , Kim Kardashian’s shapewear company that sells a fake hair micro thong, was valued at $5 billion in a recent funding round.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330-png%252FMB_todo_banner.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE4NX0:1vJUwg:VmEvAegPQQwfaaw1Nrg-OHyiYJA-oM-p2CkJBMEhKs8" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <div>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE4NjAwNH0:1vJUwg:CPcVfLuJkpuyxSZ8i_6eMJspv2nEwe9zZ0RW7tYxRFg" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Gift:
                  </strong>
                  We’ve compiled
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   our best recs for the wellness-obsessed
                  </a>
                  in your life.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE4Njk5Nn0:1vJUwg:G5IiQhC-TwoEbj3kyXePX_iMB6aCJ7F_DlF8i0FYA28" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Take a dip:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Lakes around the world
                  </a>
                  with unusual features and lore.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE4Nzk4N30:1vJUwg:kACNUTjvHyVtHpjJA5MU_E1DpXfdy57VZ3gjSaBR4ZU" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  See what the authors behind
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   this year’s National Book Award finalists
                  </a>
                  have to say.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE4OTAxNX0:1vJUwg:APt-3t8Xf_MoR2A95la7BVPdxfmzZO--piPrOS94Njk" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  Prepare for your holiday cookie swap by learning
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   this easy method
                  </a>
                  for making pretty and tasty treats.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <strong style="color:#000">
                   <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NjMwMzExNzQuNjE4OTk5NX0:1vJUwg:h_8pHI0WdpDMNzCcs7IPDLnrvYQ18REF82snFRhcwQE" style="max-width:18px" width="18"/>
                   Beat the rush:
                  </strong>
                  Get cash in hand before Thanksgiving and start your next deal sooner.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Check eligibility now
                  </a>
                  .*
                 </p>
                 <placementslot data-id="c75f75474bd7">
                 </placementslot>
                 <placementslot data-id="5515d4bfffb1">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This article contains product recommendations from our writers. When you buy through these links, 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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      <!-- <![endif]-->
      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
        <tr>
         <td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-3524949da8d220051120175f97246671d52e0b38-2700x660-png%252FIMG_9052.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NjMwMzExNzQuNjE5MTA5OX0:1vJUwg:mLITkzzoeYH0tZVfWfxCe4ylNCCeBus-naxeIBR0Qlw" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                 </em>
                </small>
               </span>
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Mini:
                 </strong>
                 Today’s puzzle has a little of everything, while managing to be little.
                 <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">
                 Three Headlines and a Lie
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Three of these headlines are real and one is faker than someone’s announcement about getting off social media. Can you spot the odd one out?
                </p>
                <ol>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Tutoring a baby to make him an ‘
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    English gentleman
                   </a>
                  </span>
                  <span>
                   ’ - Is it worth the money?
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The biggest diva in Hollywood is a
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    camera
                   </a>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Beer from Victorian Arctic expedition to be
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    opened
                   </a>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Mamma Mia! An Italian town will
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    elect
                   </a>
                  </span>
                  <span>
                   Christine Baranski as honorary mayor
                  </span>
                 </li>
                </ol>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            SHARE THE BREW
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
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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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