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   Daily Brew // Morning Brew // Update
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     Fed holds steady as the economy chugs along...
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             July 31, 2025
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              Sign Up
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              <strong style="color:#000">
               Expecto Patronum
              </strong>
              and happy birthday to Harry Potter. Time has done a number on your favorite boy wizard—he’s got a Butterbeer belly and is seeking more from life than just the Snitch. For further reading:
             </p>
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                Harry Potter and the Colonoscopy of Secrets
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                Harry Potter and the Prisoner of Alimony
               </span>
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                Harry Potter and the Order of the New Balances
               </span>
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                Harry Potter and the Magic Was Better in the ‘90s
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              <em>
               —Matty Merritt, Molly Liebergall, Dave Lozo, Adam Epstein
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               MARKETS
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             </td>
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            <!-- Nasdaq -->
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             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
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                <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzU5NDkyOH0:1uhPqR:VatfZC3cS0J-dPeKyA22QGuXurz3yzPQAqIRChJcn-4" 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">
                  21,129.67
                 </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">
                     +0.15%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Nasdaq -->
            <!-- S&P -->
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                <td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzU5NjAwOH0:1uhPqR:olV7RWLQCA2-Li4VxTVhtoF0s0bbd84u55Cn8dFZedE" 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">
                  6,362.90
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.13%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
            <tr>
             <td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
              <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzU5NzAzM30:1uhPqR:_O2-8tcgD-yBkAqO_8ZitADyygJp2SNud_D_adtjEAQ" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  44,461.28
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.39%
                    </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzU5ODI0Mn0:1uhPqR:RcKlo48ESMbjxxs8_gcU6i7FzxaINVO8vE9KO-o_BPQ" 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">
                  4.376%
                 </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">
                     +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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzU5OTI4MX0:1uhPqR:5SIOi9Cntyb4DzYp5Hs_kT4O72TYuL_4BTXXzqvljSw" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  Bitcoin
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                  $117,186.05
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
                  <tr>
                   <td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
                     -0.17%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Copper -->
            <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwMDk2N30:1uhPqR:aIplU18Mn4THaja-atKAq8MKq_eyAsDeoF94yriYxa8" 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">
                  Copper
                 </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">
                  $4.54
                 </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">
                     -19.23%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Copper -->
            <!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwMjgzMX0:1uhPqR:s49FHS62BoEOUDUTmdcp7lc8yKGgBZA_UPGb6d-m_Rg" style="vertical-align:middle;height:16px;display:inline"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="text-align:left;margin:0;padding:0;font-size:13px;line-height:22px">
               *Stock data as of market close, cryptocurrency data as of 5:00pm ET.
               <a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
                Here's what these numbers mean.
               </a>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
              <ul style="margin-top:0;padding-left:30px">
               <li style="margin-bottom:10px;line-height:22px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 Stocks started yesterday hot, then cooled off, before rebounding a bit toward the end of the day to cap off a
                </span>
                <span>
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  topsy-turvy
                 </a>
                </span>
                <span>
                 Wednesday in which the Fed held interest rates steady. Investors also reacted to President Trump slapping India and Brazil with new tariffs and tech companies reporting impressive earnings. Meanwhile, copper tanked after Trump imposed a 50% tax on the metal.
                </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 Pacaso
                </strong>
               </p>
               <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                <strong style="color:#000">
                 Join the firms behind Uber and eBay:
                </strong>
                They know about potential. That’s why they backed Pacaso. With $110m+ in gross profits to date, Pacaso’s scaling fast.
                <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                 Invest today for $2.90/share
                </a>
                .
               </p>
              </div>
             </td>
            </tr>
           </table>
          </th>
         </tr>
        </table>
        <!--[if !mso ]><! -- -->
       </div>
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      <!-- END MARKETS -->
      <!-- STORY ARTICLE -->
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      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            ECONOMY
           </h3>
          </div>
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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">
                 Fed holds steady as the economy chugs along
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Jerome Powell adjusting his glasses." src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Ffa56f0ee1940a4f4a2e07523646761c9c4a0a2c4-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwNDAyM30:1uhPqR:EteK94B8tUiAWVtR3B3kEDqljtsasTVvxFNlhKKlysk" 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>
                  Chip Somodevilla/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 15px 0">
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Like your dad’s no-pizza-unless-you-win rule, Jerome Powell is
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  holding firm
                 </a>
                 on interest rates, even amid persistent whining. The Fed chair announced yesterday that the central bank voted for the fifth time in a row to keep interest rates where they are: between 4.25% and 4.5%.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 But for the first time since 1993, there were
                 <em>
                  two
                 </em>
                 dissenters. Fed governors Christopher Waller and Michelle Bowman voted against the other nine voting members. Waller and Bowman, whom Trump appointed during his first term, wanted a quarter-point cut and have publicly advocated alongside the president to slash rates.
                </p>
                <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
                 How
                 <em>
                  is
                 </em>
                 the economy doing?
                </h2>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The Fed’s press release about the decision was pretty much copy + pasted from June’s meeting with some light edits. Powell noted low unemployment, a solid labor market, and stubborn inflation rates hovering around 2.1%. He’s also worried about tariff uncertainty, saying it’s still too early to predict how they will affect the economy. Most companies have managed to hold off on imposing big price increases as they work through the stockpiles of goods they grabbed at the first utterance of the word “tariff.”
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   There was some (loaded) good news today: GDP
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    jumped
                   </a>
                  </span>
                  <span>
                   3% from April through June, beating economists’ expectations of 2.3%
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   But the asterisks on that increase have flashing lights/flare guns shooting off around it. Imports were sent into a freefall, private investments dropped, and consumer spending was still meh.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Trump wanted a different decision.
                 </strong>
                 The Fed’s announcement comes a week after Powell gave President Trump a tense tour of the central bank’s building renovations. The president has
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  lodged insults
                 </a>
                 at the Fed chair for months and has threatened to fire him if he didn’t lower interest rates.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Looking ahead…
                 </strong>
                 while it’s rare to have more than one dissenting vote, analysts have suggested that Bowman and Waller are really working to push Powell and other board members to cut rates in September, the next time the group meets.
                 <em>
                  —MM
                 </em>
                </p>
               </td>
              </tr>
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               <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%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwNTE2NX0:1uhPqR:e3M8nsBiT7CyxoFRKfIvnIRWwVxOMFpKj0JClu4nqdI" style="width:25px;display:inline-block" width="25"/>
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwNjIwNX0:1uhPqR:OkrxsYY1yxpjwHF9HhGoBOyOVOvBDUeAPZzHI5017X0" style="width:25px;display:inline-block" width="25"/>
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                    <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwNzc4OH0:1uhPqR:VdFRfBf3eEhGrVcP6KNNoW96xe2UcGZ3kD4NhVIHhcQ" style="width:25px;display:inline-block" width="25"/>
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           <h3 style="color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            Presented By Pacaso
           </h3>
          </div>
          <div class="title-container" style="padding:0 15px">
           <h1 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="text-decoration:none;color:#000!important;border-bottom:none!important" target="blank">
             <strong style="color:#000">
              Big investors bet on this “unlisted” stock
             </strong>
            </a>
           </h1>
          </div>
          <a style="border:none;text-decoration:none" target="_blank">
           <img alt="Pacaso" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6662d65a78476fc06a4e3a70568ccb9580d5f769-1200x800.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYwOTA2MX0:1uhPqR:8Nycdz3g9oNIW5tvLvPUidRbiJprM8ORbS_10qpbwTU" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              When the founder who sold his last company to Zillow for $120m starts a new venture, people notice. That’s why
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               the same VC firms that backed Uber, Venmo, and eBay also invested in Pacaso
              </a>
              .
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3t vacation-home market.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              And it works. By handing keys to 2,000+ happy homeowners,
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               Pacaso has already made $110m+ in gross profits
              </a>
              in their operating history.
             </p>
             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.
             </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">
               And you can join them as an investor for just $2.90/share
              </a>
              .
             </p>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            WORLD
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Tour de headlines
                </a>
               </h1>
              </div>
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             <div class="header-image-container" style="padding-top:15px">
              <img alt="US and India flags" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F279090dd245d79281748c6325356f6efa2943b4d-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYxMDEyMn0:1uhPqR:yOh51xRG1JlUg1nEIp956M66g8OD7Snqo3wVyDkA3Kw" 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>
                  Roberto Schmidt/Getty Images
                 </em>
                </small>
               </span>
              </p>
             </div>
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                <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%252Fcheering-megaphone_1f4e3.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYxMTExNn0:1uhPqR:0hKWHom3SBhl6k6XX7Da2gQ7kscrM9v5gECqJiHYWPk" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Trump made several new tariff announcements.
                 </strong>
                 The big red tariff button on the Oval Office desk was smashed multiple times yesterday as President Trump revealed a slew of new trade policies. First, he slapped a 25% tariff
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  on India
                 </a>
                 , plus a “penalty” for the country buying energy and military equipment from Russia. He later hit Brazil with an added 40% tax, partly in retaliation for what he claims is a “witch hunt” against former President Jair Bolsonaro. Trump ended the day by slapping a 50% tariff on all copper imports and then revoking the de minimis exception, which exempts packages worth less than $800 from tariffs, for all
                 <em>
                 </em>
                 countries (he had suspended the provision for packages just from China and Hong Kong in May). The president also said he will not extend tomorrow’s deadline for his reciprocal tariffs to restart on countries that have not made new trade deals with the US.
                </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%252Fcloud_2601.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYxMjA1OH0:1uhPqR:RKQ_MwuCf55kcCVyHwftx4Mzyv33apN_Llslvsk_pPE" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  Microsoft cloud revenue is soaring.
                 </strong>
                 The House that Gates Built is as strong as ever, reporting fiscal fourth-quarter revenue that demolished Wall Street’s expectations, thanks to
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  big-time growth
                 </a>
                 in cloud computing. Microsoft’s cloud unit, which includes the Azure platform, generated nearly $30 billion in revenue last quarter, up by 26% from the same period a year ago. Azure produced more than $75 billion in fiscal 2025, Microsoft said—the first time the tech giant has disclosed Azure’s numbers. Microsoft shares were up 20% prior to yesterday’s earnings report and then jumped another 7% in after-hours trading.
                </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%252Ftropical-drink_1f379.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYxMzAxNH0:1uhPqR:XCcO_Qsw97OiKWkojcc7jFLFf1NcrEwvpJwCfaoB5pI" style="max-width:18px" width="18"/>
                 <strong style="color:#000">
                  High Noon recalled some vodka seltzer drinks mislabeled as Celsius.
                 </strong>
                 In what amounts to a “Who’s on First?” routine for drinks you’d find at a post-senior prom party at the Jersey Shore, High Noon announced it was voluntarily recalling its Beach Variety 12-packs after its supplier
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  accidentally labeled
                 </a>
                 them as Celsius energy drinks, which do not contain alcohol. “Consumption of the liquid in these cans will result in unintentional alcohol ingestion,” the company said. The mislabeled packs were sent to stores in New York, Florida, Michigan, Virginia, South Carolina, Ohio, Oklahoma, and Wisconsin between July 21 and July 23. You either die a spiked seltzer or live long enough to see yourself become Four Loko.
                 <em>
                  —AE
                 </em>
                </p>
               </td>
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            BIG TECH
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                <a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
                 Zuck woos Wall Street with AI
                </a>
               </h1>
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               <img alt="Screenshot of Mark Zuckerberg video on superintelligence" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F0555ed600ed53304cee3de09b68abd4ebcdf47d0-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYxNDEwOX0:1uhPqR:E8BDNgIKN8Q8jL0x0gFgx2i0QO5oagCsfND0iKcC-CY" 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>
                  @AIatMeta/X
                 </em>
                </small>
               </span>
              </p>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Meta’s chief executive chain-wearer asked everybody for one simple favor yesterday: Look deep into my eyes. In a new letter
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  read aloud
                 </a>
                 on X, Mark Zuckerberg said that “developing superintelligence is now in sight.”
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The ambitious announcement came hours before the company surprised investors, who were expecting Meta to report its slowest profit growth in two years, with a Q2 revenue beat. Meta stock soared almost 10% after hours on the news of 22% revenue growth.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Locking in:
                 </strong>
                 Earlier in the day, Zuck said Meta will be hardcore focusing on superintelligence, which most AI leaders are pursuing alongside large-language models. Zuck said he envisions a future where everyone can have “a personal superintelligence,” ideally built into smart glasses, “that helps you achieve your goals.” To make the dream a reality, Meta has gone on an expensive
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  talent-poaching spree
                 </a>
                 in recent weeks:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Meta has
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    hired
                   </a>
                  </span>
                  <span>
                   ~50 top AI scientists, including OpenAI’s ChatGPT co-creator, for its new superintelligence lab, according to the Financial Times.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   At least one offer was for $1+ billion over several years, Wired
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    reported
                   </a>
                  </span>
                  <span>
                   this week.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Zoom out:
                 </strong>
                 Zuck is working to reassure investors that Meta’s multibillion-dollar AI spend is worth it after its latest model underperformed against rivals. The company recently upped its capital expenditures forecast for the year, so Zuck will likely continue to ask for investor trust.
                 <em>
                  —ML
                 </em>
                </p>
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            Together With Noom
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               Change your
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               , not your
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               .
              </strong>
              Implement micro learnings for macro changes with Noom. Whether you’re meal prepping or ordering in, Noom fits into
              <em>
               your
              </em>
              habits to help you
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               invest in your health effectively
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              . Studies show Noom users sustain weight loss beyond the first few months.*
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               Learn why you make certain choices
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              .
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            EDUCATION
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                 ChatGPT is shifting into Study Mode
                </a>
               </h1>
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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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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 OpenAI has the answer for students using ChatGPT for, well, the answers. The company has launched Study Mode, a new version of the chatbot that
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  strives to educate
                 </a>
                 by withholding information until the user works through a problem.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Since studies have found that when ChatGPT is used
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  to cheat
                 </a>
                 it can erode
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  critical thinking
                 </a>
                 skills, OpenAI is attempting to burnish its reputation and join the AI education battleground with a tool available to all users that was created in collaboration with educators and scientists:
                </p>
                <ul style="margin-top:0;padding-left:30px">
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Study Mode uses the Socratic method, asking questions and offering hints to dispense the knowledge being sought, essentially acting like an IRL teacher.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   If the user says, “Give me the answer, nerd,” ChatGPT will show a backbone in Study Mode and refuse.
                  </span>
                 </li>
                </ul>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  However:
                 </strong>
                 There’s nothing stopping a student from switching to regular ChatGPT and getting the correct answer, except maybe adult supervision or immense guilt.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Is this the future?
                 </strong>
                 OpenAI joins the likes of Khanmigo, the AI-powered tutor from Khan Academy that boasted 700,000 users in the US during the last school year. And Duolingo CEO Luis von Ahn believes AI will become the primary educator as teachers become
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  more focused
                 </a>
                 on childcare.
                 <em>
                  —DL
                 </em>
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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: 6th strongest earthquake ever recorded
                </a>
               </h1>
              </div>
             </table>
             <div class="header-image-container" style="padding-top:15px">
              <img alt="Russia earthquake" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F0af4d5a0c0f973b2f7fd84b12270c01e9aa02fdc-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYyNjQ3fQ:1uhPqR:TVOxB-WEUMlJzsWmv9dPTKTLVosPJRMNPmlFqP4lhrw" style="width:100%;max-width:670px;display:block" width="670"/>
              <p style="margin:0;padding:0;line-height:22px">
               <span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
                <small>
                 <em>
                  Anadolu/Getty Images
                 </em>
                </small>
               </span>
              </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">
                 The earthquake that struck Russia’s Far East this week is tied for the sixth
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  biggest ever
                 </a>
                 , according to the USGS. It was also the strongest quake since the devastating Tohoku, Japan, earthquake in 2011.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 The magnitude 8.8 quake triggered tsunami warnings in Russia, Japan, Hawaii, and as far as the US West Coast. Remarkably, there were no deaths, major injuries, or extensive damage reported.
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 That was likely for a
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  few reasons
                 </a>
                 : Russia’s Kamchatka Peninsula is sparsely populated, and early warning systems have improved around the world in the last few decades. One expert told the BBC that it’s also possible that models miscalculated the quake’s depth, which affects the size of the resulting tsunami waves.
                 <em>
                  —AE
                 </em>
                </p>
               </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;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            Together With This is Iowa
           </h3>
          </div>
          <a style="border:none;text-decoration:none" target="_blank">
           <img alt="This is Iowa" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Ff6868f26472826f640c25026e28cf411d01bf03a-1000x750.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYyNzU0fQ:1uhPqR:HQfAJ1VBBXAJmbXT9pQBJi3Z3MV5y9tK6YXcsrkzujY" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
          </a>
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             <p style="margin-top:0;margin-bottom:15px;line-height:22px">
              <strong style="color:#000">
               Think you know Iowa?
              </strong>
              Yeah, yeah, Iowa’s got some corn. They’ve also got a whole lot more to offer, like real career growth, affordable living, and tons of weekend activities (yes, really). We asked the pros at This Is Iowa about what makes the state such a great place for young professionals.
              <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
               See what Iowa’s really like
              </a>
              .
             </p>
            </td>
           </tr>
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            NEWS
           </h3>
          </div>
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            <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>
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              <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">
                    TikTok
                   </a>
                  </span>
                  <span>
                   is officially rolling out its community fact-checking feature, Footnotes, to US users.
                  </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">
                    Palo Alto Networks
                   </a>
                  </span>
                  <span>
                   , a leading US cybersecurity company, is buying Israeli security provider CyberArk for $25 billion, CNBC reported.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    Amazon
                   </a>
                  </span>
                  <span>
                   is paying the New York Times at least $20 million a year to license its content to train its AI models, the Wall Street Journal reported.
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    YouTube
                   </a>
                  </span>
                  <span>
                   loosened its profanity rules, now allowing creators to swear within the first seven seconds of a video and still get monetized.
                  </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">
                    Oreo and Reese’s
                   </a>
                  </span>
                  <span>
                   are combining for two new absurdly delicious treats in a rare team-up of two rival snack companies.
                  </span>
                 </li>
                </ul>
               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
       <!--[if !mso ]><! -- -->
      </div>
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      <!-- END STORY ARTICLE -->
      <!-- STORY ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
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          <div class="tag-container" style="padding:15px 15px 0">
           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            RECS
           </h3>
          </div>
          <table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="story-content">
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              <img alt="To-do list banner" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYyODU2OX0:1uhPqR:ivuyK8Tu8lH_ei5uz4cPAfB3OjDAgWkCxlwgUd5jPYo" 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">
                  <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYyOTU1fQ:1uhPqR:dIgzB3lxoqtX3ZGoeDDOIevTq698UHyELCnSgwtKqDc" style="max-width:18px" width="18"/>
                   Today’s your last shot:
                  </strong>
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Solo’s giving away $4,700
                  </a>
                  to celebrate financial freedom. Enter the In-DEBT-ENDence Day Giveaway
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   before midnight
                  </a>
                  to make it yours.*
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzMDk1NX0:1uhPqR:to0pQJ5xqcGPoETwFMLtiPwe9uDilZYBYgZU7KBLa5s" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Observe:
                  </strong>
                  Visitors at Musée d’Orsay in Paris can watch a painting from 1850
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   be restored
                  </a>
                  in real time.
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzMzE3N30:1uhPqR:EX-9Wjj4BmpBUMN1EpvfR-fuUnLwfI6wf5C0CG-E0bI" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Evade:
                  </strong>
                  Tips on how to make yourself less attractive
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   to mosquitoes
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzNDczfQ:1uhPqR:tUBtFpjQ2-lgjFfuzWBr5uYoXSRT5FD3elvaY-PNMzs" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Watch:
                  </strong>
                  The
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   perfect game
                  </a>
                  of Tetris just happened.
                 </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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzNTc3OH0:1uhPqR:yoVL-TLk8bMaJJmVTd0K39Y9pPV925t-Q5B7_aJWOYY" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Buy:
                  </strong>
                  Celebrate Morning Brew’s 10th anniversary with merch up to
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   90% off
                  </a>
                  .
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzNjc3NX0:1uhPqR:GnK5po0C-CGaT91YMl9298d8-HexbDzxFD9dkBzR7Iw" style="max-width:18px" width="18"/>
                  <strong style="color:#000">
                   Consider canceling:
                  </strong>
                  Are you wasting hundreds of dollars every year on overpriced car insurance? FinanceBuzz has a
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   free new tool
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                  to help you find out.
                  <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                   Give it a try
                  </a>
                  .*
                 </p>
                 <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                  <sup>
                   <em>
                    *A message from our sponsor.
                   </em>
                  </sup>
                 </p>
                 <placementslot data-id="2467d5182983">
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               </td>
              </tr>
             </table>
            </td>
           </tr>
          </table>
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       <!-- <![endif]-->
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           <h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
            PLAY
           </h3>
          </div>
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           <tr>
            <td class="story-content">
             <div class="header-image-container" style="padding-top:15px">
              <a style="border:none;text-decoration:none" target="_blank">
               <img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3524949da8d220051120175f97246671d52e0b38-2700x660.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NTM5NTUxMDMuMzYzNzgzNH0:1uhPqR:6qhTAw11-IYFiLzvk1am3KrnyMejb7FN2rg9D3Mh74U" style="width:100%;max-width:670px;display:block" width="670"/>
              </a>
              <p style="margin:0;padding:0;line-height:22px">
              </p>
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              <tr>
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                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 <strong style="color:#000">
                  Brew Mini:
                 </strong>
                 You’ll have quite the tale to tell if you can complete today’s Mini.
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                  Try it out 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 leftover pizza lasting after 10am. Can you spot the odd one out?
                </p>
                <ol>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The 10-year fight to
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    save
                   </a>
                  </span>
                  <span>
                   the sexiest bakery in the country
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Joey Chestnut
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    wins
                   </a>
                  </span>
                  <span>
                   first banana dog eating contest during Savannah Bananas game
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   Reddit and Discord’s UK age verification can be
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    defeated
                   </a>
                  </span>
                  <span>
                   by
                  </span>
                  <span>
                   <em>
                    Death Stranding
                   </em>
                  </span>
                  <span>
                   ’s photo mode
                  </span>
                 </li>
                 <li style="margin-bottom:10px;line-height:22px">
                  <span>
                   The
                  </span>
                  <span>
                   <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                    criminal enterprise
                   </a>
                  </span>
                  <span>
                   run by monkeys
                  </span>
                 </li>
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            SHARE THE BREW
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                  Share Morning Brew
                 </a>
                 with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
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                 We’re saying we’ll give you free stuff and more friends if you share a link. One link.
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                 Click to Share
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                 Or copy &amp; paste your referral link to others:
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            ANSWER
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                 We made up the one about the sexy bakery.
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                 <span style="text-decoration:underline">
                  Word of the Day
                 </span>
                </p>
                <p style="margin-top:0;margin-bottom:15px;line-height:22px">
                 Today’s Word of the Day is: burnish, meaning “to polish.” Thanks to Peter from Tuckahoe, NY, and several others for the scintillating suggestion. Submit another Word of the Day
                 <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
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                 .
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             <p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
              <strong style="color:#000">
               ✢ A Note From Pacaso
              </strong>
             </p>
             <span style="font-size:10px">
              <p style="margin-top:0;margin-bottom:15px;line-height:22px">
               This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at
               <a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
                invest.pacaso.com
               </a>
               . Reserving the ticker symbol is not a guarantee that the company will go public. Listing on the Nasdaq is subject to approvals.
              </p>
             </span>
             <p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
              <strong style="color:#000">
               ✳︎ A Note From Noom
              </strong>
             </p>
             <span style="font-size:10px">
              <p style="margin-top:0;margin-bottom:15px;line-height:22px">
               Based upon third-party randomized control trial comparing outcomes of 302 Noom participants and 298 control arm participants for 30 months.
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