Bidin’ time till a deal is reached (Mandel Ngan/Getty Images)

Charging

2 Biden priorities clash as a major strike threat looms for GM, Ford, and Stellantis

Clutch

Coach’s parent is adding Versace owner Capri to its bag in an $8.5B designer merger

FEDUP

The Crypto Catch-Up…

Dow Jones

S&P 500

Nasdaq

Bitcoin

sherwoodnews

The average monthly rent in Manhattan has hit $5.6K

🚗 Biden’s EV labor clash

One bet — everybody knows the rules (Ben Hasty/Getty Images)

Playbook

Penn replaces its Barstool sportsbook, hoping ESPN is better positioned for sports betting

Luxtility

Rivian’s and Lucid’s very different EV earnings show a shift from luxury to utility

Gen Z will be the last generation that has a white majority in the US, a new census data study said

🏈 Barstool swapped for ESPN

A stable pal? (Justin Sullivan/Getty Images)

STAYPAL

PayPal launches a stablecoin straight into crypto’s muddied regulatory waters

Billionaires wanted it, but 54,578 everyday investors got it first…

SnacksWrap

Earnings Wrap: UPS, Chegg, and Beyond Meat

📱 Venmo’ing stablecoins?

An iconic can buys a premium jar (Spencer Platt/Getty Images)

Chunky

Campbell’s plans to scoop up Rao’s sauce as Big Food expands its premium palate

Warren

Berkshire Hathaway hits a high as Buffett’s slow-and-steady approach grows profit

The ubiquitous three-arrows recycling symbol was designed by a 23-year-old student in 1970

🥣 Campbell’s premium play

White-picket fence still loading (Mario Tama/Getty Images)

Crib

The US housing shortage means no one’s making moves — and gridlock could last years

The Biggest Disruption To $martphones in 15 Years 🤳🏼

Events

Coming up this week

Zoom out

Stories we’re watching

ICYMI

Last week's highlights

Apple now has 1B paying cloud and streaming subscribers

🏠 America’s housing gridlock

Smash(burger) that subscribe button (Dave Kotinsky/Getty Images)

GhostStory

MrBeast sues the ghost kitchen making his MrBeast Burger as the ghost concept struggles

SHADE

Meta’s Ray-Ban smart glasses see little use as owners leave face wearables in the drawer

Razzlekhan

About 80% of American adults say they believe in God or a higher power

🍔 MrBeast’s burger bust

A World War I-era poster advertising US gov’t bonds (Pierce Archive LLC/Getty Images)

The US gets a rare credit-rating downgrade after the debt-ceiling drama

Iced

Starbucks grows with iced drinks, tasty add-ons, and a roaring China rebound

SQUINT

Worldcoin hits roadblocks as regulators eye the iris-scanning crypto biz

The only time the US was completely debt-free was in 1835

💳 America’s credit-score downgrade

When “skip ad” is impossible (Sarah Silbiger/Getty Images)

AdMart

Ads hit the aisle as Walmart and other retailers shop for a new income stream

Meet Upway - the certified e-bike expert. 

Zzzs

Pokémon Sleep tries to capitalize on the gamified wellness craze as apps embrace health

DEFI(NE)

Heard on the Block: “attestation”

🛒 Walmart’s in-store ads

#BookTok haul incoming (Noam Galai/Getty Images)

Bookmarked

Barnes & Noble tries to capture some indie-bookstore magic to compete with Amazon

ASAP

Amazon's doubling down on same-day delivery as ultra-speedy shipping becomes the norm

Snacks Unpacked

The Biden admin’s new plan for student-debt repayment

AMC said it had its best week ever for box-office sales thanks to Barbenheimer

📚 Barnes & Noble goes “indie”

Hot world summer (Anna Moneymaker/Getty Images)

Sizzle

As Earth’s hottest month on record wraps up, heat safety takes center stage in the US

These everyday people are benefitting from a $45 million Banksy collection

Last week’s highlights

“Mindful breathing” lessons are a new requirement in NYC public schools

☀️ Heat protection