Image: National Federation of State High School Associations/WSJ

  • ☝️ A record-high 4,094 girls played on 11-player high school tackle football teams last year, or roughly 1 per every 3.33 teams in the US, per new data from the National Federation of State High School Associations.

BUSINESS & MARKETS

in partnership with First To Worst

  • 💰 US markets rose across the board (S&P: +0.4%; Dow: +0.1%; Nasdaq: +0.6%); the released minutes of the most recent Fed meeting strongly indicate a September rate cut. | 💼 Nonfarm payroll growth from April 2023-March 2024 was revised downward by 818,000 jobs (28%), per new preliminary gov’t figures; it’s the largest downward revision since 2009.
  • 🚢 Officials have found the bodies of five of the six people missing after a yacht carrying UK tech entrepreneur Mike Lynch and others capsized off the Italian coast on Monday. | 🚗 Stephen Chamberlain, Lynch’s co-defendent in the fraud trial regarding Autonomy’s sale to HP, died on Saturday after being hit by a car.
  • ☕✈️ Starbucks’ incoming CEO Brian Niccol will be supercommuting between his home in Newport Beach, California, and the company’s Seattle headquarters.

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SPORTS, MEDIA & ENTERTAINMENT

  • 🎾 Jannik Sinner, the #1-ranked men’s tennis player in the world, recently avoided a ban for using performance-enhancing drugs after successfully arguing his two failed anti-doping tests in March were a result of contamination from his physiotherapist; his acquittal has drawn criticism from some players and analysts, including John McEnroe and Nick Kyrgios.
  • 🍿🎟️ Rotten Tomatoes and parent company Fandango rolled out a new rating system called “Verified Hot,” given to theatrical movies that have reached a 90+% rating among verified users (aka people who bought a ticket through Fandango or other partners).
  • 🎭 Actress Anya Taylor-Joy will star in an upcoming Netflix TV series adaptation of Bella Mackie’s novel How to Kill Your Family. | 📽️😬 Lionsgate pulled the second trailer for Francis Ford Coppola’s Megalopolis hours after yesterday’s release; the move followed reports that the trailer included fabricated movie critic quotes referencing Coppola’s past films (including The Godfather).

SCIENCE, SPACE & EMERGING TECH

in partnership with JadeYoga

  • 🌕🔥 India’s pioneering lunar lander discovered evidence the Moon’s surface was once entirely covered by a magma ocean.
  • 🪐🍭 Astronomers recently discovered one of the least-dense planets ever recorded, located ~1,200 light-years from Earth; the planet is 50% larger than Jupiter, but 20x less dense; Jupiter’s density is similar to water, meaning the discovered planet is as dense as cotton candy.
  • 💉 Health-care marketplace Sesame announced a new clinical weight loss program where eligible consumers can access compounded versions of Wegovy for $249/month; the drug typically costs ~$1,000/month before insurance.

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MISCELLANEOUS

  • 🎓 MIT’s admissions department released its first-year class profile yesterday (the first since SCOTUS struck down affirmative action); 5% of the incoming class is Black and 11% is Latino, down from respective averages of 13% and 15% in recent years, while the proportion of Asian-American students rose from 41% to 47%.
  • 💰 It takes a net worth of at least $2.5 million to be considered wealthy in America, marking a 14% increase compared to last year, per Charles Schwab’s annual Modern Wealth Survey.
  • 🗳️ Robert F. Kennedy Jr. plans to end his independent presidential campaign and endorse former President Trump, per multiple reports; RFK Jr. didn’t confirm the reports, but said he’ll give a campaign speech tomorrow addressing “his path forward.” | 🔵 The Democratic National Convention concluded its third day of events and speeches; see updates from Day 3. | 🙏 Rep. Bill Pascrell Jr. (D-NJ) passed away yesterday at the age of 87; Pascrell had been campaigning for his 15th term in Congress.

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