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Businesses will have a tough time getting tariff refunds...
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February 23, 2026
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<tr>
<td align="center" class="logo" style="padding-top:25px">
<a target="_blank">
<img alt="Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F65e2f7af234829dba0f11606a9a1430efab65892-1350x330.png%253Fw%253D900%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI2NTMyM30:1vuT6M:VsgpGkvBpmkAsV768WBQZmc9VTfgTBXcA67A4ISjWGQ" style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block" width="670"/>
</a>
</td>
</tr>
</table>
<table align="center" border="0" class="primary-sponsor-container" style="border-collapse:collapse;border-collapse:revert;margin:0 auto">
<tr>
<td align="right" class="clear sponsor-text" valign="middle">
<p style="color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px">
Sponsored by
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<a style="border-botton:none!important" target="_blank">
<img alt="Apple Card" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F21458210d209eaa2e5b72416ad36e8cd513bafb8-177x62.png%253Fw%253D198%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI2NzAwOX0:1vuT6M:wZu7B8CNMkAmfTd0yIupB6eNXxzckGUl3jychiIA-t8" style="vertical-align:middle;width:100%;max-width:99px;display:inline" width="99"/>
</a>
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<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="top-blurb-container" style="padding-top:20px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Think it’ll snow?
</strong>
While you may be justifiably sick of winter, it produced a real feel-good moment for the USA yesterday, when the American men’s ice hockey team defeated Canada in overtime at the Olympic final. It happened exactly 46 years after the “Miracle on Ice,” when the US team beat the Soviet Union in 1980, which was also the last time Team USA won a gold medal in men’s ice hockey before yesterday.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
This team needs a nickname, too. We humbly propose: “The United Skates of America.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
—
<em>
Holly Van Leuven, Brendan Cosgrove
</em>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso]> <! -- -->
</div>
<!-- <![endif]-->
<!-- END HEADER -->
<!-- MARKETS -->
<!--[if !mso ]><! -- -->
<div class="c7">
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<th class="card" style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="pcard pcard370" style="padding:15px">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
MARKETS: YEAR-TO-DATE
</h3>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="pad5m">
</td>
</tr>
<!-- Nasdaq -->
<tr>
<td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI2ODQ2M30:1vuT6M:9cYuJXi_uzcBXnfbjpngVC67RzXZRKMKldbPC1rd9U4" 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">
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">
22,886.07
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
-1.53%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Nasdaq -->
<!-- S&P -->
<tr>
<td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI2OTcyfQ:1vuT6M:K7p3EAr2CodWUoEiz37VU_y4Yw2kFp5nMuKWHxEawn8" 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&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">
6,909.51
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
+0.94%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END S&P -->
<!-- Dow -->
<tr>
<td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI3MTA0fQ:1vuT6M:2wg4oxn8nuJofF0D70VApYM4uGxeygEDeRP-SiVJ5vg" 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">
49,625.97
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top:8px;padding-bottom:8px" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto">
<tr>
<td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px" valign="middle">
<p class="pad0 mar0 markets-table-text" style="white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em">
+3.25%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Dow -->
<!-- 10-Year -->
<tr>
<td class="pads10 pads6m lastline" style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="text-align:center;width:12%;line-height:1em" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI3MjQ4NX0:1vuT6M:87Xzod1Uj0l26hTXAsTSiynGbVrihkm0MUzPSE4HLMU" 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">
4.086%
</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">
-7.7 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI3MzkwNH0:1vuT6M:G7VXhSxP3yt-OuwVVBPvRI6F9Js9yRQn4S_nXc6Fr18" 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">
$64,843.07
</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">
-25.90%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- Hims & Hers -->
<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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI3NTEzNn0:1vuT6M:nbNVcIPTbYnwaiUU9B1ZdK_CoeycAfSCtHjWD9FLAdg" 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">
Hims & Hers
</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">
$15.63
</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">
-51.86%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Hims & Hers -->
<!-- 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI3NjE5N30:1vuT6M:hGctHoJnRmxXO8H-DoWwdjl_SLWzzXnZUHe7pNFPdw8" 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 11:00pm ET.
<a class="link-sm" rel="noopener" style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none" target="_blank">
Here's what these numbers mean.
</a>
</p>
</td>
</tr>
<!-- END REGULAR TEXT -->
<tr>
<td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px">
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
<strong style="color:#000">
Markets:
</strong>
</span>
<span>
The three major indexes finished in the green last week, thanks in part to a big day on Friday, following the Supreme Court’s tariff ruling. This week,
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
tech earnings
</a>
</span>
<span>
are expected to set the pace. (More on both below.)
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
<strong style="color:#000">
Stock spotlight:
</strong>
</span>
<span>
Hims & Hers hasn’t been the healthiest stock pick this year, amid GLP-1
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
legal drama
</a>
</span>
<span>
. The telehealth provider reports earnings after today’s closing bell, and investors are interested in hearing its response to FDA scrutiny and Novo Nordisk’s patent infringement lawsuit.
</span>
</li>
</ul>
<div style="display:none">
</div>
</td>
</tr>
<tr>
<td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px">
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
</div>
<!-- <![endif]-->
<!-- END MARKETS -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
CORPORATE
</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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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Companies seeking tariff refunds face uphill climb
</a>
</h1>
</div>
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<a style="border:none;text-decoration:none" target="_blank">
<img alt="President Trump with members of his administration at a press conference" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-c813ee2b0b6fc7a29a6572b792a9eec40df97044-6009x4006-jpg%252FWhiteHouseTrumpNewsConference/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI3NzQwNn0:1vuT6M:PY-gk7W1Fm28Fqcg2mc-vPeq1oLke5AC8LBhUCKD9oo" style="width:100%;max-width:670px;display:block" width="670"/>
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<p style="margin:0;padding:0;line-height:22px">
<span class="source" style="margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block">
<small>
<em>
The Washington Post/Getty Images
</em>
</small>
</span>
</p>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
What do the businesses that shelled out $175 billion for Trump tariffs and anyone who was supposed to fly to the Northeast today have in common? They’re figuring out
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
how to get refunds
</a>
in light of drastic turns of events.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
ICYMI:
</strong>
On Friday, the Supreme Court ruled that President Trump lacked authority to impose tariffs under the International Emergency Economic Powers Act without congressional approval, and that means the ones he created cannot stand.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
In theory, that means the tariffs already collected ought to be refunded. But the Supreme Court stopped short of saying how, leaving it to the US Court of International Trade to figure out the refund process.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
That might take a minute…
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
After the Supreme Court’s announcement on Friday, President Trump suggested refunds would not be easy to come by for companies seeking them, saying, “We’ll end up being in court for the next five years.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
But many businesses seem eager to get money back ASAP, since they began legal proceedings long before Friday.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
According to Reuters
</a>
:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Two big US firms have filed hundreds of tariff refund cases since Liberation Day in April 2025, including those for J. Crew, Illumina, Dole, Diageo, Costco, EssilorLuxottica, Revlon, and more.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Smaller firms are handling hundreds of additional tariff lawsuits. Richard O’Neill from the 10-person law firm Neville Peterson said of companies that want to file suit, “The time to do it was yesterday. The next best time to file is today.”
</span>
</li>
</ul>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Tariff Magic 8 Ball says “Cannot Predict Now”
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
International trade lawyer Nancy Fischer told Reuters that the amount of time it will take to disburse refunds “depends on whether the administration decides to play hardball. It could get resolved quickly…but I am not so sure that necessarily is going to be the case.”
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Zoom out:
</strong>
Some companies may never try to get their refunds in an attempt to stay on the administration’s good side. US Trade Representative Jamieson Greer told ABC’s
<em>
This Week
</em>
that Trump’s tariff policy hasn’t changed and that the president will enact tariffs by
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
other means
</a>
.—
<em>
HVL
</em>
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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">
Sponsored by Apple Card
</h3>
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Get rewarded for your everyday spending
</strong>
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<img alt="Apple Card" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F3a4b55093cd0abb2436e48b70c6a36d9bc9fd1de-2000x1500.png%253Fw%253D1336%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI4MTk5M30:1vuT6M:9tOBfSQztxdx5vq2HP6NDIu3BMJ_x74pgtlydXXkmPY" style="width:100%;max-width:670px;padding-top:15px;display:block" width="670"/>
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Yes, really. With Apple Card, you can earn up to 3% unlimited Daily Cash back on every single purchase, every single day. Apple Card also has
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
no fees
</a>
—period. That’s no annual, late, or over-the-limit fees.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Apply now
</a>
to see your credit limit offer. Terms apply.
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
WORLD
</h3>
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Tour de headlines
</a>
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<img alt="a crowd of people in the NYC blizzard" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-902e53bdf172ddb3ed0ded88cafdd26437c4aa00-2683x1789-jpg%252FMajorNorEasterBringsBlizzardConditionsToNortheast/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI4MzE5NX0:1vuT6M:6qQbr-AzKd6oCZhj86Rt4dpd2xOJs8fxauo1gHz1Re4" 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>
Ryan Murphy/Getty Images
</em>
</small>
</span>
</p>
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<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fcloud-with-snow_1f328.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI4NDQ4NX0:1vuT6M:VMRbi-Ar_WziqmYK6-Mll_pO8O2f5pH0J1nRa5wb8BY" style="max-width:18px" width="18"/>
Nor’easter impacts millions, especially in NYC’s tri-state area.
</strong>
But Delaware, Pennsylvania, Maryland, and New England will be impacted, too. Six states declared
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
states of emergency
</a>
this weekend, ahead of the blizzard expected to dump up to 2 feet across the region, starting yesterday and continuing today. New York City declared its first “old-school snow day” (without virtual instruction) since 2019 and banned all road travel from 9pm last night through at least noon today. Boston also braced for its first blizzard since 2022. What makes a snowstorm a blizzard? “Snow and/or blowing snow reducing visibility to 1/4 mile or less for 3 hours or longer,” and “sustained winds of 35 mph or greater,” according to the National Weather Service.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fheavy-check-mark_2714.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI4NTU1NX0:1vuT6M:YeKnZ9B9SKsh-1gvxReTqHd_vO-EDuIM8KE3Ab_wSS0" style="max-width:18px" width="18"/>
TSA PreCheck abruptly closed, then reopened, amid partial govt shutdown.
</strong>
For several hours yesterday, air travelers wondered whether snow would be their only airport hindrance. Around 6am ET, the Department of Homeland Security said that
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
TSA PreCheck and Global Entry
</a>
would be suspended at US airports as a consequence of the partial government shutdown stemming from congressional Democrats and Republicans failing to reach a deal to fund the Department of Homeland Security. By 12:40pm ET, however, DHS updated its statement to remove mention of closing PreCheck, although the Global Entry suspension remained in place. The department did not specify why the change was made.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fpolice-cars-revolving-light_1f6a8.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI4Njg1Mn0:1vuT6M:7SDm9Q1wB4qao2Ir9g1YxSFSgjBB84SLhZDFU4VnQ90" style="max-width:18px" width="18"/>
Mexican army killed leader of Jalisco New Generation Cartel, sparking violence across Mexico.
</strong>
Nemesio Rubén Oseguera Cervantes, known as “
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
El Mencho
</a>
,” was wounded yesterday in an operation meant to capture him in Tapalpa, Jalisco, and he died in flight to Mexico City, according to the country’s Defense Ministry. The US Embassy in Mexico called the operation the result of “bilateral cooperation” with US authorities, who provided “complementary intelligence.” According to the Associated Press, the US Drug Enforcement Agency considers the Jalisco cartel to be as powerful as the Sinaloa cartel. It is one of the main suppliers of cocaine and fentanyl to the US. In response, cartel members launched violent attacks in almost a dozen Mexican states. American visitors to the tourist city of Puerto Vallarta in Jalisco were told to shelter in place yesterday by the US State Department.—
<em>
HVL
</em>
</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">
RETAIL
</h3>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Axe body spray wants to cut through the fog
</a>
</h1>
</div>
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<a style="border:none;text-decoration:none" target="_blank">
<img alt="New Axe body spray " src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-433d358971eab958f50a871e890803ddd7877114-1103x675-tif%252FAxeBodySpray.tif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI4ODAwNn0:1vuT6M:by0PIKnm79vhVICp5gbep9ptavhHoIP4nIc6tY6KF58" 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>
Unilever
</em>
</small>
</span>
</p>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Axe is looking to get out of the cloud business. The body spray company knows it’s infamous for making locker rooms look like cigar lounges, so it’s taking a lighter approach by redesigning its product to avoid overspraying.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Cloud-control tactics:
</strong>
Axe’s new “spray tech” makes the bottle’s weight and the scent’s application lighter, improving on the bug-bomb technology of the past. While cans now weigh 2.9 ounces instead of 4 ounces, they actually contain
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
10% more sprays
</a>
, according to Axe, which is running ads that warn against “overdoing” things.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
The smelly smells that smell smelly.
</strong>
Axe, the brand of male grooming products that Unilever first launched in the French market in 1983, hit the US market in 2002 and quickly elbowed out the competition with its racy (or sexist, depending on whom you ask) ads:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
By 2006, Axe had reached $71 million in US sales, according to Vox.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
By 2012, Axe’s US
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
product sales
</a>
</span>
<span>
were close to half a billion dollars, CNBC reported, citing market research firm Kline & Company.
</span>
</li>
</ul>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
But then the sweet smell started to sour. According to the Wall Street Journal, Axe’s estimated
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
market share
</a>
of deodorant sprays in the US fell from 24% in 2020 to 16.3% in 2025. Dolores Assalini, head of Axe US, told Brand Innovators she’s confident the new campaign is better suited for the future.—
<em>
BC
</em>
</p>
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Together With Green Coffee Company
</h3>
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
An IPO is brewing.
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Green Coffee Company (GCC) is expressing its dominance
</a>
. After 37x revenue growth, Colombia’s largest coffee producer now plans to go public. They’ve also acquired exclusive rights to distribute the iconic Juan Valdez coffee to retailers across the $100b US coffee market. You have until tomorrow, Feb. 24, to
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
invest in GCC and get up to 20% bonus shares
</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">
CALENDAR
</h3>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
The week ahead
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="Bruno Mars" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-2b093cdf70ef09a190e3630efa7fa9783250e5ef-5000x3334-jpg%252F68thGRAMMYAwards-Show/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI5NDQxNX0:1vuT6M:txiS2JuviRWsvKK8twctEp0Yx2CHvdr0RVVR4IjBPLo" 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>
Kevin Mazur/Getty Images
</em>
</small>
</span>
</p>
</div>
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<td class="content-container" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Ain’t no earnings like Nvidia earnings:
</strong>
There are a lot of chips riding on Nvidia’s Q4 earnings on Wednesday. The tech giant is the world’s most valuable company by market cap—accounting for nearly 8% of the entire S&P 500—and investors will be eager to check the temperature of the overall AI sector. Elsewhere in the tech world, Salesforce, Intuit, Snowflake, Dell, and CoreWeave all deliver results this week.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
The state of our union is…?:
</strong>
You’ll get to hear how President Donald Trump answers that question during his annual address to Congress tomorrow. The speech is usually a chance for presidents to recap their accomplishments and lay out their vision for the coming year, but there’s some extra drama this time. Trump will be in the room with Supreme Court justices for the first time since the high court struck down a lot of his global tariffs. Expect the issue to get mentioned, along with affordability, immigration enforcement, and Iran. Watch closely: Between all of the smiles, scowls, and standing ovations, the address is basically the Body Language Olympics.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
It’s a good week to stay inside:
</strong>
Snow and cold temperatures got you down? Why not step into
<em>
Paradise
</em>
. Season 2 of the post-apocalypse show premieres tonight on Hulu. Or warm up with Season 4, Part 2 of
<em>
Bridgerton
</em>
, which hits Netflix on Thursday. Still feeling under the weather? Medical show
<em>
Scrubs
</em>
returns to ABC on Wednesday. That’s not the only good comeback story, though:
<em>
Scream 7
</em>
hits cinemas on Friday, the same day that Bruno Mars’s first solo album in a decade,
<em>
The Romantic
</em>
, comes out.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
But wait, there’s more:
</strong>
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="margin-bottom:10px;line-height:22px">
<span>
Apple’s annual shareholder meeting is set for tomorrow morning.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Tomorrow marks four years since Russia launched a full-scale invasion of Ukraine.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Home Depot reports earnings tomorrow, and Lowe’s reports on Wednesday.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Samsung is expected to unveil its new Galaxy phone lineup on Wednesday.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
More inflation data is on the way: The producer price index (PPI) report for January will be released on Friday.
</span>
</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
STAT
</h3>
</div>
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<a style="color:#000;border-bottom:none;text-decoration:none" target="_blank">
Prime number: There’s gold in them thar skills
</a>
</h1>
</div>
</table>
<div class="header-image-container" style="padding-top:15px">
<img alt="2026 US Olympic figure skating team " src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-23%252Fimage-263574e040c8bb33841d42f805da8b3fc20ffa04-5911x3876-jpg%252FFigureSkating-MilanoCortina2026WinterOlympicsDay2/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI5NTU1NX0:1vuT6M:nvewAQvyLAgN-vgBEUQH-9edFUqpee8yriwMJ_M0xwY" 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>
Jamie Squire/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 US Olympic team went into Milan and Cortina and sledded, skied, and skated out with 12 gold medals (and 33 total medals), the country’s
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
most-ever
</a>
in a Winter Olympics, while Norway finished with the most golds (18) and medals overall (41).
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
The US had strong showings across a range of individual events, led by gutsy performances from Elana Meyers Taylor (monobob), Mikaela Shiffrin (skiing slalom), Alysa Liu (figure skating), and Jordan Stolz (speed skating).
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Then, the men’s and women’s hockey teams tied a golden bow on the whole thing, with overtime wins over Canada. Just when “Golden” from
<em>
KPop Demon Hunters
</em>
had finally gotten unstuck from your head.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Now, attention turns to Los Angeles, which will host the 2028 Summer Games.—
<em>
BC
</em>
<br/>
</p>
</td>
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</td>
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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">
Together With Pernas Research
</h3>
</div>
<a style="border:none;text-decoration:none" target="_blank">
<img alt="Pernas Research" class="sponsored-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2026-02-04%252Fimage-5b57bc8478c65e2e63132a95879467b86638eb0b-2000x1780-jpg%252Fpernas_photos-161.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI5NjYzN30:1vuT6M:fQS7cluokcTLD2C176qMoMT1PvFvk7WOlSFbe2uXIZo" 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">
<strong style="color:#000">
Get stock research delivered.
</strong>
Deiya Pernas, former exec at a $3.5b fund, and Dean Pernas, a trained chemical engineer, left their careers to
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
uncover Wall Street’s biggest finds
</a>
. Pernas Research’s portfolio has returned 30.4% annualized over nine years. Join the list to get
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
monthly ideas + weekly highlights
</a>
.
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
NEWS
</h3>
</div>
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<div class="title-container" style="padding:0 15px">
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<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">
An armed man
</a>
</span>
<span>
was shot and killed yesterday after breaching a secure perimeter at Mar-a-Lago and raising his weapon, according to the Secret Service.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
President Trump
</a>
</span>
<span>
demanded that Netflix kick former Obama national security advisor Susan Rice off its board or “face the consequences,” as the streamer attempts to buy Warner Bros. Discovery.
</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">
Bitcoin
</a>
</span>
<span>
fell below $65,000 amid renewed global trade tensions.
</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">
Mattel
</a>
</span>
<span>
is struggling to bring the American Girl Doll series into contemporary pop culture—and increased profitability—as it celebrates the brand’s 40th anniversary this year.
</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">
OpenAI CEO Sam Altman
</a>
</span>
<span>
called SpaceX CEO Elon Musk’s plan to put data centers in space “ridiculous” and “not something that’s going to matter at scale this decade.”
</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">
<em>
One Battle After Another
</em>
</a>
</span>
<span>
won the BAFTA for best film, and
</span>
<span>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Princess Catherine
</a>
</span>
<span>
returned to the red carpet at the award show for the first time since 2023.
</span>
</li>
</ul>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
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<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
RECS
</h3>
</div>
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<tr>
<td class="story-content">
<div class="header-image-container" style="padding-top:15px">
<img alt="To-Do List" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-11-24%252Fimage-ff42f96869558a4ad4ab4f10936a3830dbf1d044-1350x330-png%252FMB_newsletter_banner_new.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTI5Nzc4NH0:1vuT6M:8X4hIMCBmANwDc9We8dYo1Yu_c6B8K6-sIueMOKKvh8" style="width:100%;max-width:670px;display:block" width="670"/>
<p style="margin:0;padding:0;line-height:22px">
</p>
</div>
<table border="0" cellpadding="0" cellspacing="0" 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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTI5OTExfQ:1vuT6M:ufuv2WJsF3_to-S-gtNFsqCw08Vxqnu7JjNZXLMS84o" style="max-width:18px" width="18"/>
Clip:
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
These Japanese stainless steel nail clippers
</a>
are a pleasure to wield.**
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwMDU2Nn0:1vuT6M:0Fwyx9FIo6I1PKXmnl_JHbOQUqsIDLHdI_cIiNY0bXQ" style="max-width:18px" width="18"/>
Salivate:
</strong>
Here are
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
14 cozy casserole recipes
</a>
for a snowy day.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwMjE5N30:1vuT6M:fa3zcqQ9iD9BWXLE3lTCu75mLZjyEDj8ruMb8I7GDkw" style="max-width:18px" width="18"/>
Watch:
</strong>
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Enjoy one last look
</a>
at the world’s best figure skaters from the closing ice skating exhibition at the Milan Cortina Olympics.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwMzYxNn0:1vuT6M:383zUGMwzCjwUn-XzBSa0jmk6T55v9j9iac5AN-R8_U" style="max-width:18px" width="18"/>
Spend? Thrift?:
</strong>
These are the
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
best and worst US cities for budgeters in 2026
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwNDk2M30:1vuT6M:MtNDzD3CzMHmrRMwwFqfOKqcLcTyK75mNLi-l8lov4I" style="max-width:18px" width="18"/>
<strong style="color:#000">
Consider canceling your insurance:
</strong>
Are you wasting hundreds every year on overpriced car insurance? Using this fast,
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
free new tool
</a>
will help you find out.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
See how much you could save
</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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwNjMxN30:1vuT6M:KApZc-V68Kuf3_2UBDBbUfeBFEyEE-jkURrNjZxxK7Y" style="max-width:18px" width="18"/>
<strong style="color:#000">
Grab a cup:
</strong>
Green Coffee Company is disrupting the $245b global coffee industry.
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Read our article
</a>
to learn more.*
</p>
<placementslot data-id="a7b0f3656f6e">
</placementslot>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<sup>
<em>
*A message from our sponsor. **This is a product recommendation from our writers. When you buy through this link, Morning Brew may earn a commission.
</em>
</sup>
</p>
</div>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- END STORY ARTICLE -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
PLAY
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="story-content">
<div class="header-image-container" style="padding-top:15px">
<img alt="Games available from Morning Brew" src="https://inboxflows.com/_/image/https%253A%252F%252Fmorningbrew.com%252Fcdn-cgi%252Fimage%252Fwidth%253D1336%252Cformat%253Dauto%252Fhttps%253A%252F%252Fstorage.morningbrew.com%252Fimage%252F2025-09-11%252Fimage-3524949da8d220051120175f97246671d52e0b38-2700x660-png%252FIMG_9052.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtb3JuaW5nYnJldyIsInRpbWUiOjE3NzE4NDIyMjIuMTMwNzg4M30:1vuT6M:rbvqwI3YMXtJssd5sbxsnEefGBc6VjEflF4PZl91tCg" style="width:100%;max-width:670px;display:block" width="670"/>
<p style="margin:0;padding:0;line-height:22px">
</p>
</div>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="content-container" style="padding:15px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<strong style="color:#000">
Turntable:
</strong>
Quite an interesting letter jumble today. Your center letter is V, and there is
<em>
no
</em>
S, A, or R. Give it a go and
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
play Turntable here
</a>
.
</p>
<h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">
Snow day trivia
</h2>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Very few places in the US have never seen snow. Here are clues about one such city. Can you name it?
</p>
<ol>
<li style="margin-bottom:10px;line-height:22px">
<span>
This city has never seen snow according to official records going back to at least 1871, but unofficially, it’s said that no snow has fallen there since it was colonized by Europeans 350 years earlier.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
It’s technically an island, with a population of ~25,000 people.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
It seceded from the US for one minute in 1982.
</span>
</li>
<li style="margin-bottom:10px;line-height:22px">
<span>
Poet Shel Silverstein died there.
</span>
</li>
</ol>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- END STORY ARTICLE -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6 core_hidden" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
SHARE THE BREW
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse" width="100%">
<tr>
<td class="content-container" style="padding:15px">
<a>
<img alt="Referrals Get Rewarded" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F186d427b237afa331a96448ae17d5a27b6d8ca2a-1350x330.png%253Fw%253D1340%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3NzE4NDIyMjIuMTMwOTM2Nn0:1vuT6M:8JAb7nK2Vm1KAqvVhkcCP51TutHPIrFexwtlDY-3Wng" style="width:100%;max-width:670px;margin-bottom:15px;display:block" width="670"/>
</a>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Share the Brew, watch your referral count climb, and unlock brag-worthy swag.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Your friends get smarter. You get rewarded. Win-win.
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<b>
Your referral count:
</b>
0
</p>
<a class="stb-btn" style="color:#fff;text-align:center;background-color:#1c7ff2;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important">
Click to Share
</a>
<p style="margin-top:15px;margin-bottom:15px;line-height:22px">
Or copy & paste your referral link to others:
<br/>
<a class="link" style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
morningbrew.com/r/?kid=979c4554
</a>
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- END STORY ARTICLE -->
<!-- STORY ARTICLE -->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card" style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block">
<div class="tag-container" style="padding:15px 15px 0">
<h3 style="color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700">
ANSWER
</h3>
</div>
<table border="0" cellpadding="0" cellspacing="0" class="story-content-container" style="border-collapse:collapse" width="100%">
<tr>
<td class="card-content">
<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">
Key West, FL
</p>
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
<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: wield, meaning “to handle effectively.” Thanks to Andrea from Holden, MA, for having an excellent grasp of the assignment. Submit another Word of the Day
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
here
</a>
.
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
<!-- <![endif]-->
<!-- END STORY ARTICLE -->
<!-- DISCLAIMER -->
<!--[if !mso]> <! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<th class="card" style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;border-collapse:collapse" width="100%">
<tr>
<td class="disclaimers-content" style="padding:15px;font-size:10px">
<p style="margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px">
<strong style="color:#000">
✳︎ A Note From Green Coffee Company
</strong>
</p>
<span style="font-size:10px">
<p style="margin-top:0;margin-bottom:15px;line-height:22px">
This is a paid advertisement for Green Coffee Company’s Regulation CF offering. Please read the offering circular at
<a class="link" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
https://invest.greencoffeecompany.com/
</a>
. Timelines are subject to change. Listing on the Nasdaq is contingent upon necessary approvals, and reserving a ticker symbol does not guarantee a company’s public listing.
</p>
</span>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
</div>
<!-- <![endif]-->
<!-- END DISCLAIMER -->
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</a>
</td>
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</table>
<!-- FOOTER -->
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<p style="margin-top:0;margin-bottom:15px;line-height:22px">
Written by
<a class="link" rel="noopener" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Holly Van Leuven
</a>
and
<a class="link" rel="noopener" style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none" target="_blank">
Brendan Cosgrove
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