Good morning and welcome to Monday. If you could go back in time and give the younger you advice, do you think you actually would’ve listened?🤔

“No, creepy stranger, I’m not putting my life savings into dogecoin…”

Some things you’ll know after reading this email:

• 🏛 Details of a new bipartisan gun bill framework
• 🌎☄️ How life on Earth could’ve started
• 🤬 Who holds the record for most swear words said in movies

… and more.

🚀⏰ Ready, Set, Go: Today’s news takes 4.39 minutes to read.

"The hardest arithmetic to master is that which enables us to count our blessings."

–Eric Hoffer (1902-1983)

Late last week, a gas station in Rancho Cordova, CA, was overwhelmed with customers after a glitch caused prices to drop for several hours to 69 cents per gallon… on the date 6/9 (nice).

But the humorous coincidence also shows how many Americans are eager to pounce on low gas prices, as the US average climbed above $5 per gallon over the weekend for the first time in history. (For comparison, the previous all-time record before this year was $4.11/gallon, set in July 2008.)

📈 And it’s not just gas prices… US inflation saw its fastest annual growth since 1981 in May (+8.6%), per the most recent Consumer Price Index published Friday.

• Some of the biggest month-to-month increases were seen in fuel oil (+16.9%), airfares (+12.6%), dairy products (2.9%), and used cars and trucks (+1.8%).

💬 What they’re saying: A recent JPMorgan report predicted US gas prices “could surge another 37% by August to a $6.20/gal national average.”

• Separately, top executives at JPMorgan, Morgan Stanley, and Goldman Sachs have warned of an economic shake-up in the coming months and years due to a series of ‘unprecedented’ factors.

👀 Looking ahead… The Fed is expected to raise interest rates by 0.5% after its next two meetings, the first of which occurs this week. Rates are currently in the range of 0.75%–1%.

📝 A bipartisan group of 20 senators announced a proposed framework for new gun safety legislation yesterday.

• The agreement is “on principles, not legislative text,” per the WSJ, which also said the new measure would represent the most expansive gun control law since a 1994 assault weapons ban.
• Among other things, the proposed framework funds programs for mental health and school security, provides incentives for states to implement “red-flag” laws, and further restricts illegal gun sales such as straw purchasing.
• The bipartisan agreement included the signatures of ten Republican senators, signaling that it could ultimately reach the 60-vote threshold needed to pass in the evenly-divided Senate.

🏛️ Looking ahead... Any potential legislation would also need to be adopted by the Democratic-led House, which passed its own set of gun control measures last week (though they aren’t expected to be considered in the Senate).

• House Speaker Pelosi (D-CA) said yesterday that she would likely back any Senate-approved measure, even if it fell short of what she and other Dems are seeking.

+Dig deeper: From the Left | From the Right | See the 360° view on combating gun violence in America

More than 75 million Americans were under some form of excessive heat warning or advisory over the weekend, as a record-setting heat wave swept across the Southwest.

☀️🥵 More deets… In total, 27 communities either tied or broke temperature records on Saturday, according to Weather Service data.

• Temps at DONUT HQ in Austin, TX, hit a record of 103°, two degrees above the previous June 11 high.
• Denver, where it snowed less than a month ago, reached 100°, tying a record set in 2013 for both the high temperature and the earliest calendar day to hit 100.
• In Phoenix, the National Weather Service reported a temperature of 114°, tying the record high for the date set back in 1918. Vegas reported temps of 109°, tying its daily record set in 1956.

🥁 And last, but not least: Death Valley, California, also tied its record high for June 11, reaching temps of 122 degrees Fahrenheit.

👀 Looking ahead… According to reports, temps will slowly moderate in the Southwest over the coming days as the heat dome makes its way toward the Midwest and Southeast (sorry, Chicago and Atlanta readers🙃).

+In the know: A team of scientists funded by the NOAA MAPP Program found the main cause of heat domes is a strong change (or gradient) in ocean temperatures from west to east in the tropical Pacific Ocean during the preceding winter.

🦸‍♂️ There’s just something special about dads. Saying yes when mom says no, risking injury for our entertainment as small children (see above), dad jokes, the list goes on!

So to repay them for their awesomeness, it’s important to do what we can to keep them happy and healthy.

A box of chocolates is okay if you want to give him just another forgettable gift... but if you really want to keep him healthy for years to come and change his life for the better, look no further than Matcha! 🍵🍵

• Matcha has TONS of health benefits for everyone, but matcha can be especially beneficial for men’s health and longevity according to new research.💪
• And because Matcha’s slow-release brain-boost compounds (caffeine, L-theanine, special antioxidants) help provide all-day energy, the fathers in your life can finally cut the 40oz coffee mug (and the constant afternoon slump) from their daily routines. 👍

For this Father’s Day, our recommendation is the Organic Matcha Tea Set, which includes everything dads need to add matcha to their daily routine.👌

🚨 Awesome deal alert!... Order today with code DonutDAD and you’ll get FREE guaranteed delivery by Father’s Day AND 20% off your order (or up to 30% off w/ Matcha Prime™)!🍩🍵

Give Dad the gift of health and happiness this Father’s Day with matcha!

P.S.: Follow this link to auto-activate the deal site-wide

A Japan-led international team of scientists recently published the first peer-reviewed scientific analysis of rocks taken from Ryugu, an asteroid orbiting the Sun.

🚀 Background: In December 2014, Japan launched a spacecraft that traveled nearly 2 billion miles before arriving at Ryugu in 2019, collecting a total of 5.4 grams of rock samples before turning back around.

• Upon returning to Earth in December 2020, the samples were distributed among various scientific groups, including one led by the Tokyo Institute of Technology (which authored the analysis).

☄️ What did they find?... The newly-published results suggest Ryugu is made from the same material that scientists theorize formed planets and the Sun a few billion years ago, called the solar nebula.

• The researchers also determined that Ryugu itself originated from a larger body that eventually smashed apart on impact with another asteroid.

🔬 Zoom out: A separate Japanese team in charge of chemically analyzing the Ryugu samples previously announced the discovery of more than 20 amino acids (aka the building blocks for life) at a scientific conference in March, raising the possibility that these molecules first came to Earth on comets and asteroids... so in theory, we're all aliens.😉

• ☝️ The NY Times recently obtained photographs of the first prisoners brought from Afghanistan to Guantanamo Bay in the months after 9/11.

BUSINESS & MARKETS

• 📉 US stocks fell across the board on Friday, as all three major indexes closed their worst week since January. (Dow: -2.7% | S&P: -2.9% | Nasdaq: -3.5%)
• 🚘 Tesla announced a 3-for-1 stock split to be voted on at its shareholders meeting on August 4th; the company also revealed Oracle CEO Larry Ellison is stepping down from Tesla’s board and won’t be replaced.
• 🙅‍♀️ There’s an ongoing shortage of tampons and other period products, according to retailers CVS and Walgreens, as well as major manufacturer Proctor & Gamble.

SPORTS, MEDIA & ENTERTAINMENT

• 🎤 Justin Bieber announced he’s taking a break from performing due to Ramsay Hunt syndrome, which has paralyzed the right side of his face.
• 🔺🔴🟥 Squid Game is coming back for Season 2: Netflix released a brief teaser for the second season of its hit South Korean drama.
• 🏌️🏒🏎️🥎 Sports results: Charl Schwartzel won the inaugural LIV Golf event in London; the Tampa Bay Lightning advanced to the Stanley Cup Finals for the third straight year, where they’ll face the Colorado Avalanche starting Wednesday; Red Bull’s Max Verstappen placed first in the Azerbaijan Grand Prix; Oklahoma’s softball team won their second straight national title.

SCIENCE, SPACE & EMERGING TECH

• 🚀 California-based rocket company Astra suffered a mid-launch failure yesterday, losing two shoebox-sized NASA satellites before they reached orbit.
• 🔭 A UC Berkeley-led astronomy team may have recently discovered a free-floating black hole – a rarity, since black holes are technically invisible.
• 🌎 New peer-reviewed research found evidence that the Earth’s inner core oscillates, which causes variations in the length of a day.

EVERYTHING ELSE

• 🦠 The Biden admin lifted its COVID testing requirement for international travelers starting Sunday. (From the Left | From the Right)
• 💰 Tiger Woods is now officially a billionaire, per Forbes, joining LeBron James as the only athletes to do so while still active in their respective sports.
• 🇬🇧👸 Queen Elizabeth II is now the second-longest reigning monarch of the modern era, behind King Louis XIV of France’s 72+ year reign ending in 1715.

💬 Quoted… “If you want confrontation, we will fight to the end.”

• China’s defense minister warned yesterday that Beijing won’t hesitate to fight the US over Taiwan in order to stop the island nation from formally gaining independence.

📺 Stat of the Day: Some 17% of ads shown on televisions connected through a streaming device – which includes streaming boxes, dongles, sticks, and gaming consoles – are playing while the TV is off, according to a new study, causing an estimated $1+ billion/year in waste for brands.

🤯 Did You Know?... Jonah Hill holds the record for most swear words said in movies with 376, according to an analysis of 3,500+ film scripts; Leonardo DiCaprio ranked second with 361, while Samuel L. Jackson came in third with 301.

📖 Worth a Read: The Google Engineer Who Thinks the Company’s AI has Come to Life → (WaPo)

Monday: The Jan. 6 House committee holds its next public hearing (Background from the DONUT)

Tuesday: Start of two-day Fed policy meeting, after which it's expected to raise interest rates by 0.5%

Wednesday: Country Fest 2022 kicks off in Ohio

Thursday: The 122nd US Open kicks off in Massachusetts; it’s also the Feast of Corpus Christi for our Catholic readers

Friday: National Eat Your Vegetables Day

+Over the weekend: Juneteenth, an annual celebration marking the end of slavery in the US, is on Sunday. Father's Day is also on Sunday, so prepare for dad jokes galore.

Paul Roberts is a bit of a celebrity in his New Jersey neighborhood, where he's known as the cheeriest 94-year-old around.

The WWII veteran says he’s “always thought [he] had lived a charmed life.” Last month, however, tragedy struck when Paul lost his home and nearly everything he owned in a house fire.

• “It took everything I have,” he told TODAY. “And that’s hard.”

🤗 Everybody loves Paul... Thankfully, his neighbors stepped up to help, creating a GoFundMe page to help get the old man back on his feet. 

• So far, they've has raised more than $140,000 from people across the nation, with many donations coming from fellow veterans.

Guess the definitions of the following Latin and Greek root words.

1. Bene
2. Ab
3. Manu
4. Phon
5. Syn

(keep scrolling for the answers)

👆 Check out the referral prizes you can get just for introducing people you know to little old us. 

What to do: Copy your unique link below, then send it to anyone you think would like the DONUT.

1. Good | e.g., 'benevolent'
2. To move away | 'abstain'
3. Hand | 'manual'
4. Sound | 'telephone'
5. Together | 'synthesis'