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   Daily Brew // Morning Brew // Update
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    <td>
     Things are looking up for the labor market...
    </td>
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             June 06, 2026
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              View Online
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              Presented By
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               It’s Saturday!
              </strong>
              We wish a speedy recovery to anyone who had too much fun celebrating the year’s first Summer Friday last night.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
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               —Dave Lozo, Brendan Cosgrove, Matty Merritt, Abby Rubenstein, Holly Van Leuven
              </em>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
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               In today’s newsletter,
              </strong>
              we’ll look at:
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="margin-bottom:10px;line-height:22px">
               <span>
                Good signs for the labor market
               </span>
              </li>
              <li style="margin-bottom:10px;line-height:22px">
               <span>
                SpaceX’s slow entry into a major stock index
               </span>
              </li>
              <li style="margin-bottom:10px;line-height:22px">
               <span>
                How GLP-1s are changing clothes shopping
               </span>
              </li>
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      <!-- MARKETS -->
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               MARKETS
              </p>
             </td>
            </tr>
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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%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU2NTAyOH0:1wVnAr:ybJqeranSQPscIx7-gN1EY6aKTMn8xg-qNjecIaFsS8" style="width:22%" width="20"/>
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                  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">
                  25,709.43
                 </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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                     -4.18%
                    </p>
                   </td>
                  </tr>
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                </td>
               </tr>
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             </td>
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            <!-- END Nasdaq -->
            <!-- S&P -->
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU2NjgwNH0:1wVnAr:yoBDgyT5xDF_V95WtmX2OD4uzdwRNFirtPgkQjja1FQ" 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">
                  7,383.74
                 </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">
                     -2.65%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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               <tr>
                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU2ODEyMn0:1wVnAr:XUtWUu5Kerf8MUXlC8807W9bEuOcFfaogJ5B4tRh2Gs" 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">
                  50,866.78
                 </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">
                     -1.35%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU2OTIwMn0:1wVnAr:649MvTRXZoDQp5RWfLCOcI4UMMV8aGMRfL5TIxeVsRc" 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">
                  4.536%
                 </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">
                     +6.0 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU3MDI0N30:1wVnAr:5X_zlGTPpFZngf4EEq8sD1JAEuTUskodg5lojtq5Qws" 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">
                  $61,825.52
                 </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">
                     -2.20%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Nvidia -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU3MTI5fQ:1wVnAr:u87wupsgILGrKudIKbQ0HvixesIjLjUX_dC875ylUAs" 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">
                  Nvidia
                 </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">
                  $205.10
                 </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">
                     -6.20%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nvidia -->
            <!-- START REGULAR TEXT -->
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             <td style="padding:3px 15px 10px">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse;font-size:13px">
               <tr>
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                 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU3MjQ3fQ:1wVnAr:hT4iheLO_zMNF9PM55yyz6k3P1DO2Hrwy9Yc9VGvqfQ" 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>
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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>
                 It was a bloodier scene on Wall Street yesterday than the latest A24 flick, with stocks
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  falling sharply
                 </a>
                </span>
                <span>
                 as investors took unexpectedly good news for the labor market as a sign that interest rate cuts won’t come anytime soon (more on that below). The S&amp;P 500 snapped its nine-week winning streak, and the Nasdaq had its worst day since April 2025. Chip stocks bore the worst of it, with Nvidia, AMD, Micron, and Intel all dropping.
                </span>
               </li>
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              <div style="display:none">
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      <!-- STORY ARTICLE -->
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            CAN YOU TAKE ME HIRE?
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                 Hiring surged well beyond all expectations in May
                </a>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Do you want to take the number of jobs predicted by analysts to be added for May? Or double it and pass it along? The Labor Department did the latter, announcing yesterday that the US added a seasonally adjusted
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  172,000 jobs
                 </a>
                 last month, well above expectations of ~80,000 from Dow Jones. It’s a good sign that the labor market has been steadily emerging from an earlier slump, despite continued concerns about inflation, oil prices, and the impact of AI.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Yesterday’s jobs report also positively revised the figures for March (up by 29,000 to 214,000) and April (up by 64,000 to 179,000), raising the three-month average to 188,000 jobs gained—a two-year high.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Where did May’s new jobs come from? Mostly, the
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  FIFA World Cup
                 </a>
                 :
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Leisure and hospitality
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    added 70,000 jobs
                   </a>
                  </span>
                  <span>
                   with the tournament taking place in 11 US cities starting next week, fueling hiring in bars, restaurants, and hotels.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The local government sector also gained 55,000 jobs—possibly reflecting hiring for security and entertainment roles (and more people to check $100 tickets on train rides to stadiums), an economist told Bloomberg.
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 And now…the bad news
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 You didn’t think we’d send you into the weekend with a jobs report story that didn’t have a
                 <em>
                  few
                 </em>
                 red flags, did you?
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Unemployment:
                 </strong>
                 The rate held at 4.3%. But the number of people without jobs for 27 weeks or longer climbed to 27.5% in May—the highest it’s been since December 2021.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Earnings vs. inflation:
                 </strong>
                 Average hourly earnings rose 3.4% in May compared to a year earlier. However, with inflation up 3.8% over the year, lower-income Americans are likely feeling a price squeeze.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  What’s next?
                 </strong>
                 Persistent inflation and a surprisingly strong jobs report make a quarter-point Fed interest rate hike by the end of the year
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  more likely
                 </a>
                 than a cut, per FedWatch—odds that sent the stock market plunging yesterday. Plus, if oil prices remain high, low-income consumers may tighten their purse strings, and even wealthier Americans could start to tighten their Hermès belts, too.
                 <em>
                  —DL
                 </em>
                </p>
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            Sponsored By Fisher Investments
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            WORLD
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                 Tour de headlines
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                 <em>
                  Nick Iluzada
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                  SpaceX faces a long wait to get into S&amp;P 500.
                 </strong>
                 Elon Musk’s company is expected to make its stock market debut on June 12 with the largest IPO ever and a valuation of around $1.75 trillion, but the companies behind major stock indexes are divided over whether to fast-track it in. The Nasdaq changed its rules to speed up entry to the Nasdaq-100, while S&amp;P Global
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  said
                 </a>
                 Thursday it won’t relax its requirements. For companies to join the S&amp;P 500—the index considered the benchmark for US equities—they must trade for a year and be profitable for four trailing quarters (SpaceX has never been profitable). That means other companies with upcoming mega IPOs, like Anthropic and OpenAI, will also have to wait, and they won’t immediately get investment from people who passively track the index.
                </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%252Fflag-for-united-states_1f1fa-1f1f8.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU4MzI4OH0:1wVnAr:YTQVG78fKLAIWbJ6wxuNb2jF3RD9cnBBl9JJUoKq_ko" style="max-width:18px" width="18"/>
                  Senate passes $70b border enforcement bill without killing “weaponization” fund.
                 </strong>
                 After much wrangling and intra-GOP fighting, the Senate
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  passed
                 </a>
                 a bill allocating $70 billion to fund ICE and Border Patrol through the end of President Trump’s current term. The final vote broke along party lines, with Alaska Sen. Lisa Murkowski as the lone Republican voting “nay.” But that ultimate party unity only came after several Republicans and Democrats tried unsuccessfully to use the bill to ensure the $1.8 billion “anti-weaponization” fund for alleged victims of the DOJ, likely including Jan. 6 rioters, couldn’t be revived, holding up the funding package’s passage. The House is expected to pass the bill next week.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  ⏸️ Anthropic calls for a global pause on AI development.
                 </strong>
                 In an unexpected move for an AI company prepping for a massive IPO, the Claude maker
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  suggested
                 </a>
                 that AI companies slow or pause development to address potential harms to society as models move toward improving themselves without human input. “We believe it would be good for the world to have the option to slow or temporarily pause frontier AI development to enable societal structures and alignment research to keep up with the advance of the technology,” a company blog post said—but stressed that this could only work with a global agreement and the ability to verify that others had stopped.
                 <em>
                  —AR
                 </em>
                </p>
               </td>
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            FIT CHECK
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 GLP-1-related returns leave retailers reeling
                </a>
               </p>
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               <img alt="Photo of a person's hand reaching out to look at clothing on a rack in a store." src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-05%252Fimage-436141f58615ec6bd1f2e973139eee6b9dfe028e-1500x1000-jpg%252FMBD_GLP1Shopping_SM_06052026.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODA3Mzc1MTcuMzU4NDg2fQ:1wVnAr:4ShUYa_nu1Wsh6C-Wfd06fP9hctp15DDo2jGFX8ISbs" 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>
                  Adobe Stock
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 As countless “look at my old pants” weight loss ads have shown us, when people start shedding pounds, they also shed their old wardrobes in favor of clothes that fit their new figures (not everything can be used as a sleep shirt).
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 That closet overhaul has been
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  happening a lot
                 </a>
                 lately, due, in part, to the rise of GLP-1 drugs. And since building a new wardrobe can take some trial and error, retailers are increasingly getting swamped with costly returns:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   For the last three years, there’s been an increase in apparel exchanges due to shoppers sizing down, the Wall Street Journal reported, citing return management company Narvar.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Between 2020 and 2025, the total value of merchandise returns doubled, per Capital One Shopping research.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Downsizing downsides:
                 </strong>
                 While ’80s-movie-style shopping sprees are good for retailers, returns chip away at those profits. Items can’t always be resold at the same price, and stores often have to cover the additional shipping and labor costs. That’s all compounded by customers increasingly ordering multiple sizes of the same item, then sending back the ones that don’t fit.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Clothes encounters:
                 </strong>
                 The impact of weight loss drugs is showing up across the retail industry. Macy’s said this week it’s selling
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  less plus-size clothing
                 </a>
                 . Victoria’s Secret said it’s selling
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  smaller-sized bras
                 </a>
                 and underwear. And brides are waiting longer to buy
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  wedding dresses
                 </a>
                 closer to their big day, often due to GLP-1-aided weight loss, per the WSJ.—
                 <em>
                  BC
                 </em>
                </p>
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            READER POLL
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                  <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                   Has anyone you know changed their clothes shopping habits after starting a GLP-1?
                  </p>
                 </div>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Yes, there’s a whole new wardrobe involved.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Yeah, but the changes are minor.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Nope, the shopping has stayed the same.
                  <br/>
                 </a>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  I don’t know anyone on a GLP-1.
                  <br/>
                 </a>
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            Sponsored By Fisher Investments
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           <img alt="Sponsor: Fisher Investments" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-06-03%252Fimage-576c6ad117694c4e355840289eab3181a7f72d40-1000x750-png%252Fimage.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODA3Mzc1MTcuMzU4OTg0fQ:1wVnAr:J-CdEir0FI2E_KrznhqmVCn_mr0GiGTxv6SnjMnvsjQ" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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               Is your legacy locked in?
              </strong>
              If you’re wondering how to make the most of your $5 million+ portfolio, start by downloading the
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               <em>
                Tax-Efficient Wealth Management Guide for Affluent Investors
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              . Discover new
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               methods to save on taxes
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              through savvy estate and legacy planning, strategic philanthropy, and tailored investments.
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            ICYMI
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                 Have you heard...
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                 <em>
                  Here’s everything that didn’t make it into this week’s newsletters but we immediately sent to the group chat.
                 </em>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5MTIzMn0:1wVnAr:eTpR89QiHoJDy8Y0WyofXEVYatmQRxl1eLY2zwKU9C8" style="max-width:18px" width="18"/>
                 The posh English country house market is suffering from a post-pandemic
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  glut
                 </a>
                 of too many homes and not enough people who want to buy them and pay for their upkeep. Everyone wants an old, tranquil cottage until they see the AC bill.
                </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%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5MjI4Nn0:1wVnAr:1NkRji-iC8C9ViHgt204LbYvIMUY4M7fLvJL-KFGqnI" style="max-width:18px" width="18"/>
                 One of the biggest bug schemes has been foiled: Australian authorities
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  confiscated
                 </a>
                 $142,000 worth of Madagascar hissing and dubia cockroaches from a single breeder, marking the largest seizure ever of exotic invertebrates. Too bad they are going to release them in your house.
                </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%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5MzgxfQ:1wVnAr:OysvFQ5mEVhcoMxEeOinVw-4XfVq8ce1ZrA7SemR-O8" style="max-width:18px" width="18"/>
                 Have you ever wanted a popcorn bucket that is also sort of in the way of watching the movie?
                 <em>
                  Disclosure Day
                 </em>
                 is releasing a giant
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  stag bucket
                 </a>
                 (you eat out of its meaty neck) while
                 <em>
                  The Odyssey
                 </em>
                 ’s popcorn bucket is shaped like an
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Imax camera
                 </a>
                 . This is great news for people who love collecting plastic that will forever have a faint butter smell.
                </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%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5NTAyOH0:1wVnAr:GxrVpHDUu8IliY62R1OJWig8Z7gu3DcKzqOh4uQuMOY" style="max-width:18px" width="18"/>
                 The British government is considering building a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  database
                 </a>
                 of disorderly drunk travelers who can’t seem to keep their cool on flights. It’s like TSA’s No Fly List, but for people who shouldn’t be invited to your wedding.
                </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%252Fblack-rightwards-arrow_27a1.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5NjA3N30:1wVnAr:XF8hF6Pa5JVhI6Dpz533kO3PU_e5Y7xXdw6KtB6Sr6M" style="max-width:18px" width="18"/>
                 Crumbl Cookies released a line of dirty sodas. One drink, called “
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Crazy Cousins
                 </a>
                 ,” mixes Red Bull, Mountain Dew, pineapple, coconut cream, and strawberry purée, and contains 186 grams of sugar. The nearly half-a-pound of sugar may be shocking, but it is exactly the kind of drink your cousin would invent when left unsupervised at a Pizza Ranch.
                 <em>
                  —MM
                 </em>
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- STORY ARTICLE -->
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       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <p class="h3" style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700;line-height:22px">
            NEWS
           </p>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" role="presentation" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="card-content">
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse" width="100%">
              <div class="title-container" style="padding:0 15px">
               <p class="h1 story-title" style="color:#333;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>
               </p>
              </div>
             </table>
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" 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">
                    A federal court
                   </a>
                  </span>
                  <span>
                   struck down a Trump administration policy that blocked immigrants from 39 countries from receiving final decisions on asylum, work permit, green card, and citizenship applications.
                  </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">
                    Google
                   </a>
                  </span>
                  <span>
                   made a deal to pay SpaceX $920 million per month (yup, that’s almost a billion dollars) to use its data centers.
                  </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 Chicago Bears
                   </a>
                  </span>
                  <span>
                   said they’re going forward with a plan to move their stadium to Indiana.
                  </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 New York Knicks
                   </a>
                  </span>
                  <span>
                   won Game 2 of the NBA Finals last night, beating the San Antonio Spurs 105–104. Game 3 will take place at Madison Square Garden on Monday night.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Apple
                   </a>
                  </span>
                  <span>
                   will have its last developer conference under CEO Tim Cook on Monday, with a revamped Siri expected to be unveiled.
                  </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">
                    Actor James Handy
                   </a>
                  </span>
                  <span>
                   <em>
                   </em>
                  </span>
                  <span>
                   of
                  </span>
                  <span>
                   <em>
                    Top Gun: Maverick
                   </em>
                  </span>
                  <span>
                   was fatally stabbed by his girlfriend’s son, Los Angeles authorities said.
                  </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">
                    Anthony Head
                   </a>
                  </span>
                  <span>
                   , who starred in
                  </span>
                  <span>
                   <em>
                    Buffy the Vampire Slayer
                   </em>
                  </span>
                  <span>
                   and
                  </span>
                  <span>
                   <em>
                    Ted Lasso
                   </em>
                  </span>
                  <span>
                   , died “peacefully” at age 72, his family said.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
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      <!-- STORY ARTICLE -->
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       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <p class="h3" style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700;line-height:22px">
            COMMUNITY
           </p>
          </div>
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              <div class="title-container" style="padding:0 15px">
               <p class="h1 story-title" style="color:#333;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">
                 Crowd work
                </a>
               </p>
              </div>
             </table>
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" 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">
                 Last week, we asked, “What’s an absolute steal of a purchase you’ve made?” Here are some of our favorite responses:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “I got a garage door on eBay for $1! I was looking for a door when I found one with an opening bid of $1. I took a chance and won! It’s still in the garage after 20 years!”—
                  </span>
                  <span>
                   <em>
                    Debbie from Cherry Hill, NJ
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “I bought a $200 jacket at a thrift shop for $19.99. When I put it in the laundry, I found a $20 bill in the pocket! That memory gets me through some rough days!”—
                  </span>
                  <span>
                   <em>
                    Dee from Anchorage, AK
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “In 2023, I bought a 2007 Nissan 350Z (with 15,000 miles on it) from an elderly man for only $7,500, because he said the convertible top didn’t work. The Nissan dealer quoted his wife $26,000 to fix it, but it just needed two new elastic straps costing $41.61. I offered them more money, but they declined. When he died, I promised his wife I’d take really good care of his car, and I have.”—
                  </span>
                  <span>
                   <em>
                    Jim from Maui, HI
                   </em>
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   “While on a business trip in Lyon, France, I discovered Taylor Swift’s Eras Tour was in town. Though I’m not a Swiftie, I bought a $120 ticket—far cheaper than in the US. My obstructed-view seat behind the stage was unexpectedly upgraded before the show. We were moved to front-row seats in the second level at midfield, making the $120 ticket an incredible deal.”—
                  </span>
                  <span>
                   <em>
                    Alan from Winston-Salem, NC
                   </em>
                  </span>
                 </li>
                </ul>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 This week’s question
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 What full album do you put on when you need to focus?
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Matty’s response to get the juices flowing:
                 </strong>
                 “Courtney Marie Andrews’s
                 <em>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Old Flowers
                  </a>
                 </em>
                 is the perfect album to put on and paint, clean, cook, or complete any other task that requires some level of focus.”
                </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">
                  Submit your answer here
                 </a>
                 .
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- STORY ARTICLE -->
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       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <p class="h3" style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700;line-height:22px">
            RECS
           </p>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" role="presentation" 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" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-24%252Fimage-ff42f96869558a4ad4ab4f10936a3830dbf1d044-1350x330-png%252FMB_newsletter_banner_new.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5NzN9:1wVnAr:N6FlKdCkypQ22lb-6bGXvFN_OvLAEdXuqgS0xcUs9x0" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5ODMzN30:1wVnAr:lEDO0ZhnYdGH3w0e1pNIr2WJLo9bEU_7gGnBUo3Zkzs" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Road trip:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   quirkiest city
                  </a>
                  to visit in every US state.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzU5OTQxN30:1wVnAr:UIu3RKXe2Q72euHDqDNL3GGyInP_nlgVuVWC4hVv2LA" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Bake:
                  </strong>
                  Celebrate summer with
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   these dessert recipes
                  </a>
                  featuring strawberries.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzYwMDQzNX0:1wVnAr:mvOIvhsfXehdUEWsPSOE-O3fInnfaLFNlmGoBkriE-w" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Read:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Matrimony-themed books
                  </a>
                  to get you hyped for wedding season.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzYwMTQ0NH0:1wVnAr:uhBzf6t06m23GUBNcZiNIE7LN66jITOF93MEbmIcfsU" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Wear:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Shoes
                  </a>
                  that are perfect for summer days when you want to look put-together, but also want to stay comfy.**
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3ODA3Mzc1MTcuMzYwMjQ3Nn0:1wVnAr:TFEok22_EMnsmjaEoza5fXanoy2b98_7Ra3FY8T8VQs" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Your life and legacy:
                  </strong>
                  Want
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   more information
                  </a>
                  on estate and legacy planning for multimillionaires? Get the
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   <em>
                    Tax-Efficient Wealth Management Guide for Affluent Investors
                   </em>
                  </a>
                  .*
                 </p>
                 <placementslot data-id="06477c1ae28d">
                 </placementslot>
                 <placementslot data-id="60d97699fc03">
                 </placementslot>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
                   </em>
                  </sup>
                 </p>
                </div>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- <![endif]-->
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      <!-- STORY ARTICLE -->
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       <!-- <![endif]-->
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          <div class="tag-container" style="padding:15px 15px 0">
           <p class="h3" style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700;line-height:22px">
            PLAY
           </p>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" role="presentation" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3ODA3Mzc1MTcuMzYwMzY1OX0:1wVnAr:uMU3gYBzerERdtH2GQLOuSlF70Uh-OX6IqvYO0XQ3eA" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
             </div>
             <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse" width="100%">
              <tr>
               <td class="content-container" style="padding:15px">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Crossword:
                 </strong>
                 Jack cooked up a very special edition this week, featuring a few audio clues from the most recent Scripps National Spelling Bee. You’ll feel like a contestant without ever needing to step up to the mic.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Play the Crossword here
                 </a>
                 .
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 Open House
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Welcome to Open House, the only newsletter not looking for luxury, just privacy. We’ll give you a few facts about a listing and you try to guess the price.
                </p>
                <img alt="Large farm in Idaho on leveled farm land." class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2026-06-05%252Fimage-fe6c54e8455c25ba291f049e49faee74b365bd7a-1024x575-gif%252Fidaho.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3ODA3Mzc1MTcuMzYwNDc2M30:1wVnAr:arafzQTd5hwWfREmwgoMjOVGVyWzFqF9wE_0MAyqcJo" style="display:block;width:100%!important" width="670"/>
                <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                 <small>
                  <em>
                   Zillow
                  </em>
                 </small>
                </span>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s property sits on 360 acres (323 of them farmable) in Weiser, ID. It may not look like much to someone who hasn’t grown millions of onions, but it comes with all of the irrigation equipment you need. Plus, it’s right on the Weiser River. Amenities include:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   3 bed, 1.5 bath home
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   A barn
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Plenty of storage with a shop and equipment shed
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 How much for the Idaho farm?
                </p>
               </td>
              </tr>
             </table>
            </td>
           </tr>
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            SHARE THE BREW
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                 Share the Brew, watch your referral count climb, and unlock brag-worthy swag.
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                 Your friends get smarter. You get rewarded. Win-win.
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                 <b>
                  Your referral count:
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                 0
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            ANSWER
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                  $3.4 million
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                  Word of the Day
                 </span>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: invertebrates, meaning “animals with no spinal column.” Thanks to Marty from New Jersey for having the backbone to send in the suggestion. Submit another Word of the Day
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