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Tuesday, July 8, 2025
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Good Morning! On this day in 1889, The Wall Street Journal published its first issue: a four-page paper costing two cents, launched by Charles Dow, Edward Jones, and Charles Bergstresser to deliver trustworthy financial news to investors and the public. See the issue here.
A forest hike, no phones, and dinner by open flame—today’s Travel Tuesday features a luxury cave restaurant where guests ditch utensils and go fully analog. Would you trek into the wild for an experience like this, or is your speed more booth-at-the-diner-with-bottomless-coffee? Reply to this email to tell us.
Later today, we’ll email you on behalf of our partner, International Living, with an exclusive offer for travel lovers: a free copy of their brand-new “tell-all” book revealing the secrets travel writers don’t want you to know. Stay tuned for that email.
Today, we’re flying with Steven Gundry, MD, who offers health and nutrition advice to help keep you healthy.
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 Gunman Killed in Shootout at Border Station
A Michigan man was shot and killed after opening fire outside a U.S. Border Patrol facility in McAllen, Texas, early Monday morning.
The suspect, 27-year-old Ryan Louis Mosqueda, exchanged gunfire with agents and local police, injuring a border patrol employee and two officers, one of whom was shot in the knee.
Hours before the attack, Mosqueda’s father was pulled over by police 20 miles away in Weslaco. He told officers he was looking for his son, who was psychologically distressed and armed. The FBI is leading the investigation.
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Trump Announces Tariffs, Posts Letters Online
President Trump announced new tariffs of up to 40% on goods from 14 countries, set to take effect Aug. 1, as part of his push for reciprocal trade terms.
Trump posted letters on Truth Social addressed to the affected countries announcing steep new tariffs—ranging from 25% to 40%—on imports from countries including Japan, South Korea, and Malaysia, warning that any retaliation would trigger even higher rates.
He left room for future adjustments based on diplomatic ties. U.S. markets closed modestly down on the news, with the Dow, S&P 500, and Nasdaq all falling under 1%.
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Popular New Band Admits It’s Completely AI
After racking up over a million monthly listeners, viral band The Velvet Sundown has confirmed it’s an AI-generated project, calling itself a “provocation” challenging music’s creative boundaries.
The group, which debuted in early June with a blend of ’70s-style rock and modern indie pop, quickly hit 400,000 listeners on Spotify and released two albums within two weeks, with a third due July 14. Listen to a song here.
But fans noticed red flags—no live shows, no digital footprint, and band photos looked too polished to be real. See the photos here. (Though this doesn’t seem to be their real Instagram account.)
The band updated their Spotify bio in early July, stating: “The Velvet Sundown is a synthetic music project guided by human creative direction, and composed, voiced, and visualized with the support of artificial intelligence.” Who is behind the band remains a mystery.
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The following stories are featured exclusively on The Flyover Podcast: our daily show that gives you the bird’s-eye view of the most important news in video and audio.
➤ One man is emerging as Trump’s top enforcer—and possibly his successor ahead of 2028. (Hear Who)
➤ An elderly lawmaker’s staff keeps walking back things she tells reporters. (Hear Details)
➤ Women may face higher liver risks from CBD. (Hear Episode)
  
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➤ Elon Musk’s newly formed America Party positioned itself around core themes of free speech, gun rights, and a tech-forward economy. The party backs Bitcoin, supports AI-driven military modernization, and calls for slashing regulations. (More)
➤ Backed by the newly signed Big Beautiful Bill, ICE aims to ramp up to 7,000 illegal immigrant arrests per day—more than double its current rate. Border czar Tom Homan says the increase is needed to account for migrant releases during the Biden years. (More)
➤ A newly released memo shows former President Biden’s top advisers urged an early 2024 debate with President Trump to highlight Biden’s leadership, but the plan backfired, prompting him to exit the race after a poor performance. (See Memo)
➤ President Trump said that in addition to the reported $16 million settlement from Paramount Global over a CBS lawsuit, he secured an additional $16–$20 million in pro-Trump ad commitments tied to the company’s merger with Skydance. (More)
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Flying together with our sponsor
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➤ The Dallas Cowboys, Houston Texans, and NFL have pledged a combined $1.5 million to support flood relief efforts in Kerr County, Texas. (More)
➤ The MLB’s official All-Star Rosters are set, with the LA Dodgers sending a league-high five players to the event. See a team-by-team breakdown of the entire event at the following link. (See Breakdown)
➤ Shane van Gisbergen won Sunday’s NASCAR action with a first-place finish in the Chicago Street Race. Overall points leader William Byron finished 40th in the race, narrowing his lead over the rest of the field. (More)
➤ CBS Sports released their list of the 25 worst college football hires since the year 2000, with an unexpected Alabama coach sharing the No. 1 spot. (See List)
➤ Yesterday’s results: MLB | Soccer | WNBA | Wimbledon
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 Daily Market Report 07/07/2025
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NASDAQ
National Association of Securities Dealers Automated Quotations |
20,412.52 |
-0.92%
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SPX
S&P 500 |
6,229.98 |
-0.79%
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DJI
Dow Jones Industrial Average |
44,406.36 |
-0.94%
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BTC
Bitcoin |
$108,111.34 |
-1.03%
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GOLD
Per Ounce |
$3,346.40 |
0.42%
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ENVX
Enovix Corp |
$13.03 |
+14.40%
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Bitcoin and gold are traded 24 hours a day.
➤ Big Stock Move: Enovix Corp. stock rose over 14% Monday after the company announced a special dividend of stock warrants to shareholders, following the launch of its new AI-1 silicon-anode smartphone battery. (More)
➤ Trump Media & Technology Group rolled out its new streaming service, Truth+, worldwide on Monday. (See Details)
➤ Spirit Airlines pulled three planes from service on July 4 after a fire suppression system accidentally discharged foam at its Detroit Metro Airport maintenance facility. No fire or injuries were reported. (More)
➤ ByteDance is developing a new U.S.-specific TikTok app as the company faces a Sept. 17 deadline to divest its American operations or face a nationwide ban. President Trump said a deal with non-Chinese investors is “pretty much” done, though Chinese approval is still pending. (More)
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➤ Dyson has unveiled a futuristic vertical farm in Lincolnshire, UK, featuring 1,000-pound rotating rigs, UV robots, and 16 robotic arms that recently picked 200,000 strawberries in a month. (Watch Farm)
➤ This Wednesday will be one of the shortest days of 2025, with Earth completing its rotation about 1.6 milliseconds faster than the usual 24-hour mark. The exact cause of this remains unclear. (See Details)
➤ This Thursday’s full moon, dubbed the Thunder Moon, will light up skies across the country. It will peak in the southeast before setting in the southwest. (More)
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Travel Tuesday is brought to you by:
➤ From the Grand Canyon to Mount McKinley, a new roundup highlights 20 iconic American destinations every traveler should visit at least once. (See List)
➤ A luxury resort in Italy’s Dolomites has launched a high-end restaurant built inside a cave. Guests hike through the forest to reach Yera, a phone-free venue where meals are cooked over open flame and eaten without utensils. (See Photos)
➤ El Zonte, a sleepy surf town on El Salvador’s Pacific coast, has become a global crypto curiosity after embracing Bitcoin as a grassroots economic experiment in 2019. (See Photos)
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➤ A three-car crash ruptured a gas line and triggered a fiery explosion at a Herriman, Utah strip mall Saturday night, injuring three and engulfing a Domino’s in flames. The blast, caught on video, blew through the roof and damaged nearby businesses. (See Video)
➤ Brooklyn hosted the nation’s first competitive “show aufguss” last month, drawing over 1,200 sauna fans to the Bathhouse for a steamy spectacle of towel-whipping, scent-blasting, and performance art. (See Photos)
➤ An Australian woman was convicted Monday of murdering three of her estranged husband’s relatives and attempting to kill a fourth by serving them Beef Wellington laced with death cap mushrooms. (More)
➤ Ben Shelton’s sister Emma, a former college tennis player turned Morgan Stanley employee, stole the show at Wimbledon after her brother dubbed her his “lucky charm” and joked she needed more time off to keep his winning streak alive. (See Sister)
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 Daily Quote
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“Backing a candidate for president is not out of the question, but the focus for the next 12 months is on the House and the Senate.”
— Elon Musk, on launching the America Party
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 Today’s Trivia
Which famous detective bureau was hired by the U.S. government to track down outlaw Jesse James?
Show me the answer
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