Good Morning! On this day in 1983, Sally Ride soared into history aboard the Space Shuttle Challenger, becoming the first American woman in space. During the mission, she operated the shuttle’s robotic arm to deploy and retrieve a scientific satellite.
As a kid, I dreamed of becoming an astronaut. It all started when I saw Space Camp, an early Joaquin Phoenix film that I watched about three hundred times on VHS. The astronaut thing didn’t work out, so now I help launch The Flyover every day (even on Sundays). I hope you enjoy today’s edition! – Cole
We’re always amazed at the amount of feedback we get, and it really helps us. Keep it coming! Just hit reply.
Today’s edition is brought you by SmartAsset. Don’t miss their advice on choosing the best financial advisor for your personal finances.
California Fire Triples, Heatwave Hits
Multiple fires broke out across California over the weekend.
The Post Fire in Southern California started on Saturday and continues to burn north of Los Angeles. It’s scorched 15,610 acres with only 8% containment and prompted the evacuation of more than 1,200 people. You can watch a video here.
In Northern California, the Point Fire in Sonoma County has burned 1,100 acres since Sunday, prompting hundreds of evacuations and causing structural damage.
Another fire is raging in Hesperia, San Bernardino County, stretching firefighting resources thin amid dry, windy conditions. You can peruse the wildfire tracker here.
Meanwhile, this week, a dangerous heat wave is building over the Midwest and Northeast. Numerous temperature records are expected as heat alerts span from Iowa to Maine.
Warning Labels Proposed for Social Media
U.S. Surgeon General Vivek Murthy, a father of two, urged Congress to mandate tobacco-style warning labels on social media platforms to safeguard young people’s mental health.
In a Monday op-ed, Murthy highlighted the urgent youth mental health crisis, naming social media as a significant contributor to anxiety and depression.
He advised delaying kids’ social media access until after middle school and recommended phone-free zones for classrooms, meals, and gatherings to safeguard sleep, real-life connections, and mental health.
Studies show teens average 3.5 hours of daily social media use, many exceeding 7 hours, with those ages 12-15 spending over 3 hours having double the rate of depression and anxiety.
Aarhus, Denmark Named Happiest City
Aarhus, Denmark has been named the happiest city in the world for 2024, according to the Happy City Index, ranked by researchers from the Institute for Quality of Life. See the full rankings here.
The research firm analyzed data on citizenship, governance, environment, economy, and mobility collected from 250 international cities with at least 300,000 residents. The cities were then divided into three groups: gold, silver and bronze.
The 17 highest-scoring cities all fell in Europe, specifically within Denmark, Switzerland, Germany, Netherlands, Finland, the United Kingdom, Sweden, Austria, and Iceland. The only U.S. city to make it into the European dominated gold group was Minneapolis, Minnesota.
In total, 10 U.S. cities landed on The Happy City Index. Ranked among the ‘silver’ cities were Boston; Baltimore; and the District of Columbia. Bronze cities were San Francisco; Salt Lake City; Madison, Wisconsin; Pittsburgh; Rochester, Minnesota; and Portland, Oregon.
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➤ Senate Democrats announced on Tuesday that they will push Republicans for unanimous consent on legislation to ban bump stocks, a week after a Supreme Court decision overturned a previous ban. (More)
➤ A federal judge halted the enforcement of changes to Title IX in six states on Monday, ruling that the Biden administration’s attempt to redefine sex to include gender identity was “arbitrary and capricious rulemaking.” (More)
➤ The Biden campaign reportedly plans to spend $50 million on a media blitz this month to highlight former President Trump’s legal issues and convictions. (More)
➤A new Politico/Ipsos survey revealed that 21% of independent voters are less likely to vote for former President Trump following his conviction in the so-called hush money criminal trial. (More)
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7 Mistakes People Make When Choosing A Financial Advisor
Working with a financial advisor can be a crucial part of any healthy retirement plan.
Research suggests that people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.¹ But choosing the wrong one could wreak havoc. Avoid these 7 mistakes when hiring an advisor so you can work to potentially save years of stress. See the list.
For many Americans, knowing how to find a vetted fiduciary advisor is the most confusing task of all. That’s why SmartAsset developed a free quiz to help match you with up to 3 vetted financial advisors serving your area, each legally bound to work in your best interest. It’s never too late to plan to work toward a comfortable retirement.
1. “Journal of Retirement Study Winter” (2020). The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the link to see the methodologies employed in the Journal of Retirement study.
➤ Ryan Blaney made NASCAR history at the Iowa Speedway on Sunday by becoming the only driver with wins in NASCAR’s Truck, Xfinity, and Cup Series at the track. (More)
➤ U.S. Open champion Bryson DeChambeau made time for a young disabled fan during Sunday’s final round, pausing to sign his hat while walking to a tee box on the back nine. (See Video)
➤ Fans at the first championship game of the UFL booed former NFL quarterback Tom Brady while he presented the game’s MVP trophy on Sunday. It was Brady’s first appearance as a broadcaster. (See Video)
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
17,857.02
+0.95%
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SPX S&P 500
5,473.23
+0.77%
▲
DJI Dow Jones Industrial Average
38,778.10
+0.49%
▼
BTC Bitcoin
$66,405.72
-0.35%
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GOLD Per Ounce
$2,333.80
+0.10%
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ASTS AST SpaceMobile Stock, Inc.
$11.75
+14.97%
➤ Big Stock Move: AST SpaceMobile’s stock surged 15% on Monday thanks to its first-quarter financial results and a deal with AT&T to build the first space-based cellular broadband network accessible by standard smartphones. (See Details)
➤ Senator Bernie Sanders plans to subpoena Novo Nordisk, manufacturer of diabetes and weight loss drugs Ozempic and Wegovy, for charging 1,300% more in the U.S. than in the U.K., fearing it could bankrupt the U.S. healthcare system. (See Details)
➤ The Internal Revenue Service plans to close a tax loophole used by wealthy taxpayers to avoid taxes by shifting assets among related parties, potentially raising taxes by $50 billion over a decade. (More)
➤ Adidas shares dropped 4% as the company investigates corruption allegations in China, potentially jeopardizing its efforts to regain market share in the country. (More)
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Vanguard vs. Fidelity vs. Schwab
Who are you partnered with? It’s no secret these could be considered three of the most popular brokerage firms. But they stack up slightly differently when it comes to fees and their specific suite of services. Learn more about who should work with Vanguard, Fidelity, and Schwab. See the comparison.
Try SmartAsset’s no-cost tool to get matched with up to 3 vetted financial advisors serving your area. While your advisor matches may not necessarily be associated with the above institutions, consulting a fiduciary can be a great first step to helping make sure you’re on track to reach your retirement goals.
➤ Scientists are challenging the long-held notion that animals are not conscious, with mounting evidence suggesting that creatures, from bees to octopuses, may possess varying degrees of self-awareness and the ability to feel. (More)
➤ Regular melatonin consumption not only significantly reduces the risk of developing age-related macular degeneration, a leading cause of blindness, but also slows the disease’s progression in those already affected, according to a large-scale study. (See Details)
➤The 47-year-old Voyager 1 spacecraft is back online after its data transmission systems went haywire last year. NASA engineers repaired it despite the probe being located 15 billion miles away from Earth. (See Details)
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➤What if a smartphone stand could fit in your wallet? Check out the Pocket Tripod here.
➤ You can now renew your passport online without mailing in your old passport or supporting documents—if you meet specific criteria—as the U.S. State Department has launched a limited beta test of an online renewal program. (See Details)
➤ Here’s a list of the best travel shows available for streaming to inspire your next adventure or make your staycation feel like a global journey. (See List)
➤ One of the most luxurious trains in the world, the Eastern and Oriental Express, has returned, offering passengers a chance to travel back in time to the golden age of rail travel, complete with elegant accommodations, exquisite dining, and Veuve Clicquot tastings. (See Photos)
➤A photographer was disqualified from an AI photo contest after his jury-award-winning submission of a seemingly headless flamingo was determined to be a real photograph. (See Photo)
➤A new species of pacu, a fish related to piranhas, discovered in the Brazilian rainforest, was named Myloplus sauron, after Sauron, the main antagonist of The Lord of the Rings novels. (See Photo)
➤ChuckSchumer, the Senate Majority Leader, got roasted on Father’s Day for posting a photo of himself grilling a raw hamburger patty with cheese on it. (See Post)
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“These harms are not a failure of willpower and parenting; they are the consequence of unleashing powerful technology without adequate safety measures, transparency or accountability.”
— Vivek Murthy, U.S. Surgeon General, on dangers of social media platforms for young people