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The loyalty premium
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Plus: Bullionaires’ club.
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<table align="center" bgcolor="#FFFFFF" border="0" bordercolor="#FFFFFF" cellpadding="0" cellspacing="0" class="table100" style="background-color:#FFFFFF;max-width:600px;margin:0px auto" width="600">
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<table border="0" cellpadding="0" cellspacing="0" class="dragndrop edited" height="100%" style="table-layout:fixed;" width="100%">
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<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:5px;width:100%;text-align:center;color:#9B9B9B;margin:0 auto;background-color:#1C4397;border-left-width:0;border-right-width:0">
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<td class="td100" colspan="3" style="padding:5px 5px 5px 30px;width:50%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F062525-daily.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk5MTc5NTEuNzIxNTU5OH0:1v6R3P:bMqrru6LpsAfp1tbfYYUgi371s3Angp0dTNBw3Z6UxU" style="width:265px;max-height:18px;vertical-align:middle;border:0;" width="265"/>
</a>
</td>
<td class="td100" colspan="3" height="1" style="width:50%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk5MTc5NTEuNzIxNjV9:1v6R3P:cOnPNbXnpugGLRYcxWdfVSMwOw8ho9D6iqefEfFoO78" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
<tr class="trpad30" style="padding-top:15px;padding-bottom:15px">
<td class="td100" colspan="4" style="padding:15px
30px;vertical-align:middle;width:66.6667%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
<span style="color:#888888">
Wednesday, October 8, 2025
</span>
</div>
</td>
<td class="td100" colspan="2" height="1" style="width:33.3333%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk5MTc5NTEuNzIxNzcyMn0:1v6R3P:jGnujARnetOHiQSc_8lRCyD76fUj7E_PQMlS0UpCm_Y" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252FGettyImages-2233757825.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk5MTc5NTEuNzIxODc3fQ:1v6R3P:vIxZ8MF49dk8Wf7L5TzYwHGXANNuF9CfubjjE_irwTM" style="width:600px;max-height:400px;vertical-align:middle;border:0;" width="600"/>
</a>
</td>
</tr>
<tr class="trpad30" style="padding-top:3px;padding-bottom:3px">
<td class="td100" colspan="2" height="1" style="width:33.3333%;height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk5MTc5NTEuNzIxOTY5OH0:1v6R3P:bCY2v7vhA_Qm-mXxWKVfpoHdYSkBOSn4ULvftaTzT-4" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
<td class="td100" colspan="4" style="line-height:1.5;text-align:right;vertical-align:middle;padding:3px 30px;width:66.6667%;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="color:#888888">
Alex Wong/Getty Images
</span>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px 20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Good morning, Quartz readers! It’s Shannon Carroll with the Daily Brief. Today, CEOs are practicing their
curtsies, investors are hoarding shiny objects, Washington’s latest investment hits pay dirt, and these Amazon deals are actually worth the cart space.
<span class="ql-cursor">
</span>
</span>
</div>
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<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div class="ruleContent">
<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0
#9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
<tr>
<td style="font-size:1px;mso-line-height-rule:exactly;line-height:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
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</div>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
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20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="font-size:18px;color:#168DD9">
HERE'S WHAT YOU NEED TO KNOW
<span class="ql-cursor">
</span>
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
Washington’s stalemate may have a countdown clock.
</strong>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
We’re six days in, and lawmakers are staring down Oct. 15, when 1.3 million Defense
Department paychecks are due to bounce if
</span>
<a data-linktext="no deal lands first." data-linktype="Normal" style="color:#168DD9;text-decoration:none;background-color:#FFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;font-size:16px;" target="_blank">
no deal lands first.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Uncle Sam has gone prospecting.
</strong>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
Shares of Trilogy Metals soared 230% after Washington’s buy-in, extending a pattern of direct stakes in
industries once considered off-limits
</span>
<a data-linktext="to state ownership." data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
to state ownership.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
Bitcoin just made history — again.
</strong>
<span style="background-color:#FFFFFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#000000;font-size:16px">
The world’s largest cryptocurrency blew past $125,000 this week as investors, spooked by the dollar and
the shutdown, are treating scarcity as
</span>
<a data-linktext="the last safe trade." data-linktype="Normal" style="background-color:#FFF;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;color:#168DD9;font-size:16px;text-decoration:none;" target="_blank">
the last safe trade.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="width:100%;padding:10px
20px;line-height:1.5;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<strong style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
It takes two to tango — and to tank.
</strong>
<span style="font-size:16px;color:#000000;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFFFFF">
From Oracle to Spotify to Comcast, companies are rediscovering the co-CEO model, where success
largely depends
</span>
<a data-linktext="on chemistry, not hierarchy." data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
on chemistry, not hierarchy.
</a>
</div>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td align="center" class="td100" colspan="6" style="width:100%;padding-top:10px;padding-bottom:10px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
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<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0 #9B9B9B;height:1px;width:100%;text-align:center;background-color:#888888;color:#9B9B9B;margin:0 auto;border-left-width:0;border-right-width:0">
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</table>
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<tr>
<td class="snippet td100" colspan="6" style="width:100%;position:static;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" height="100%" style="table-layout:fixed;" width="100%">
<tbody>
<tr>
<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<img src="https://inboxflows.com/_/image/http%253A%252F%252Feditor.ne16.com%252Fspacer.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cCUzQSUyRiUyRmVkaXRvci5uZTE2LiIsInRpbWUiOjE3NTk5MTc5NTEuNzIyMDUyNn0:1v6R3P:4nUnlANqg2tLKuHxSGQgbr-INzm7BMOA-TY_E3Tl66o" style="mso-hide:all;display: none;width:0px;height:0px;border:0;"/>
</td>
</tr>
<tr style="padding-top:5px;padding-bottom:5px">
<td class="td100" colspan="6" style="padding:5px 20px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<div>
SPONSORED
</div>
</td>
</tr>
<tr>
<td class="td100" colspan="6" style="width:100%;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;color:#000000">
<a aria-label="Linked image" style="color:#168DD9;" target="_blank">
<img class="img100" data-linktype="Normal" data-target="_blank" src="https://inboxflows.com/_/image/https%253A%252F%252Feditor.ne16.com%252Fquartz-prod%252F100125-mct_coffee_angle_plant.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlZGl0b3IubmUxNiIsInRpbWUiOjE3NTk5MTc5NTEuNzIyMTR9:1v6R3P:SGo0wGtZN0hyKMBCVzbGFDbPGB_m2b-y6Q4qFMSpVnw" style="vertical-align:middle;border:0;"/>
</a>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px
20px;font-family:Georgia,serif;color:#000000;line-height:1.5;width:100%;font-size:24px;vertical-align:top;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="font-family:Georgia,serif;font-size:24px;color:#000000">
Drink Coffee at Least once a Week? (Must See This)
<span class="ql-cursor">
</span>
</span>
</h2>
</td>
</tr>
<tr style="padding-top:10px;padding-bottom:10px">
<td class="td100" colspan="6" style="padding:10px
20px;line-height:1.5;width:100%;font-family:Arial,Helvetica,sans-serif;font-size:20px;color:#000000;vertical-align:top;mso-line-height-rule:exactly">
<div>
<span style="font-family:Arial,Helvetica,sans-serif">
There are two different types of coffee drinkers in this world.. One who likes to drink their coffee black, and one that likes to add a little cream.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-family:Arial,Helvetica,sans-serif">
However, a very shocking discovery revealed that one of these people are much more prone to
</span>
<strong style="font-family: Arial, Helvetica, sans-serif">
damaging their digestive lining and experiencing digestive issues.
</strong>
</div>
<div>
<span style="font-family:Arial,Helvetica,sans-serif">
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-family:Arial,Helvetica,sans-serif">
And even if you drink coffee just one day a week, you are going to want to see this
</span>
<strong style="font-family:Arial,Helvetica,sans-serif;color:#168DD9">
<a data-linktext="shocking video" data-linktype="Normal" style="text-decoration:none;color:#168DD9;" target="_blank">
shocking video
</a>
</strong>
<span style="font-family:Arial,Helvetica,sans-serif">
.
</span>
</div>
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<table border="0" cellpadding="0" cellspacing="0" width="100%">
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<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
<table border="0" cellpadding="0" cellspacing="0" style="border:none; border-spacing: 0; border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
<tbody>
<tr>
<td height="30" style="vertical-align:middle;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000" valign="middle">
<a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial,Helvetica,sans-serif; font-size: 20px; font-weight: bold; border: 1px solid #105C8E; display: block; " target="_blank">
</a>
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<table bgcolor="#105C8E" cellpadding="0" cellspacing="0" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; " width="100%">
<tbody>
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<td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000">
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Watch the Video Now
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<table align="center" border="0" cellpadding="0" cellspacing="0" style="border:0
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20px;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;color:#000;">
<span style="font-size:18px;color:#168DD9">
THE ART OF THE KNEEL
</span>
</h2>
</td>
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<tr>
<td class="td100" colspan="6" style="padding-right:30px;padding-left:30px;line-height:1.5;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:12px;color:#000000;mso-line-height-rule:exactly">
<div>
<span style="font-size: 16px">
The richest people in America have never sounded so polite. CEOs who have moved markets with a single word are now choosing them carefully — especially if those words involve President Donald Trump. The president’s aides are reportedly keeping what amounts to a “loyalty report card,” tracking how warmly companies speak about him in public. Each press release, photo op, or donation becomes a data point. The next time a firm needs tariff relief, a merger sign-off, or a little breathing room from regulators, that running
grade could decide how far the favor extends. The invisible hand, it turns out, now writes thank-you notes.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
<span class="ql-cursor">
</span>
In another era, executives walked out on Trump’s councils over his Charlottesville comments or condemned the Capitol riot. This time around, they’re sending gifts. Apple delivers a gold-plated chip engraved with the White House seal. Nvidia’s praise sounds like a press release with perfect syntax. Google signs a $24.5 million settlement check —
most of it directed toward a ballroom project Trump wants built in Washington.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
Economists say CEOs bending the knee to Trump is “very dangerous” and a “risky strategy,” and it’s already reshaping capitalism’s etiquette. But behind the closed-door summits, the applause curdles into anxiety. Executives tell Yale’s Jeffrey Sonnenfeld that Trump’s tariffs are kneecapping growth — but no one wants to say that aloud to test the limits of presidential grace. In this market, flattery is
cheap, dissent is dangerous, and democracy is just another line item labeled risk exposure. The richest people in the world can still buy anything — except maybe the courage to speak in their own voices.
</span>
<a data-linktext="Quartz’s Shannon Carroll and Joseph Zeballos-Roig have more on the loyalty curve flattening corporate spines." data-linktype="Normal" style="font-size:16px;color:#168DD9;text-decoration:none;" target="_blank">
Quartz’s Shannon Carroll and Joseph
Zeballos-Roig have more on the loyalty curve flattening corporate spines.
</a>
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<span style="color:#168DD9;font-size:18px">
IN GOLD WE TRUST ISSUE
</span>
</h2>
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<span style="font-size: 16px">
There’s a new shiny object on Wall Street, and it’s the oldest one around. Gold prices have topped $4,000 an ounce
for the first time — after a 50% run in 2025. This is the kind of rally the metal hasn’t seen since the late 1970s, when inflation was rampant, gas lines were long, people wore their wealth around their necks, and “Groovy, baby!” was a common refrain. This time, though, the panic is digital: Gold ETFs are breaking records, central banks are loading vaults, and traders are hoarding the world’s oldest safety blanket like it’s a new issue on the Nasdaq.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
Citadel founder Ken Griffin has
called gold’s move “really concerning,” which, translated from finance-speak, roughly means “Oh, no.” He warned that investors are now treating gold as safer than the U.S. dollar — a polite way of saying faith in U.S. institutions is fading fast. Add in a drawn-out government shutdown, questions about the Fed’s independence, and a White House that’s rewriting fiscal rules on the fly, and suddenly the dollar looks less like a rock and more like a raft. Even Bitcoin’s taking a backseat; the “debasement trade” — dumping dollars for anything
shinier — has officially gone mainstream.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size: 16px">
Gold’s rally is built on fear, not euphoria. This is a bull market powered by an existential crisis. The metal doesn’t yield dividends, compound earnings, or even produce anything — it just sits there, glowing smugly while the world freaks out. And yet, in a year when every other asset class feels rigged or fragile, that stillness has become its greatest strength. It’s less a gold rush than a global trust fall. In a year when “risk-free”
assets feel anything but, gold has become the market’s therapist: inert, expensive, and quietly taking everyone’s panic in stride.
</span>
<a data-linktext="Quartz’s Catherine Baab has more on how gold became Wall Street’s emotional support metal." data-linktype="Normal" style="font-size:16px;color:#168DD9;text-decoration:none;" target="_blank">
Quartz’s Catherine Baab has more on how gold became Wall Street’s emotional support metal.
</a>
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3 Fruits That Wreck Your Digestion
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Are you turning healthy fruits into highly unhealthy fruits, without even realizing it?
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Fruit can be one of the healthiest things you can put into your body, but the majority of Americans are
guilty of making
<strong>
this single mistake
</strong>
that can counteract all of the health benefits of fruit.
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Eliminating this mistake could forever change the way we help increase energy levels, decrease brain fog, support digestion, and even lose weight.
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<a data-linktext="Click here to learn the top 3 common foods" data-linktype="Normal" style="text-decoration:none;color:#168DD9;" target="_blank">
Click here to learn the top 3 common foods
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</strong>
that you would have never guessed were the cause of your fatigue.
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3 Gut-Wrenching Fruits
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These Amazon Big Deal Day discounts are actually worth
buying
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Did you go to school in one of the most expensive college towns?
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Car and Driver says these are the best compact cars
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And Consumer Reports says these are the safest cars on the road
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<a data-linktext="Certain hybrid crops could thrive amid climate change" data-linktype="Normal" style="font-size:16px;color:#168DD9;font-family:Helvetica Neue,Helvetica,Arial,sans-serif;background-color:#FFF;text-decoration:none;" target="_blank">
Certain hybrid crops could thrive amid climate change
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