Good morning, Quartz readers!
HERE’S WHAT YOU NEED TO KNOW
Crypto saber-rattling from the SEC is about to stop. Possible incoming SEC chair Mark Uyeda wants to end the agency’s “war” on the digital asset class.
The Dow reached 44,000 for the first time ever. Equity ecstasy continues in the wake of Donald Trump’s election.
Elon Musk has a $1 trillion baby. Tesla’s market cap hit a new record; the company is expected to do well since he and Trump are best buddies now.
TSMC is nixing fancy chips for China. The company is pulling back from developing advanced processors for tech companies across the Taiwan Strait.
Nacho nostalgia is imprinting itself in Taco Bell’s menu. Old-school offerings like the Tostada, Meximelt, and Gordita Supreme will soon be returning.
Clean power is getting done dirty
The green energy industry has been seeing red now that Donald Trump is the president-elect. Stocks in the sector have been nose-diving as the reality sets in that companies specializing in renewable electricity sources will be on the outs with the next administration.
Trump has long embraced fossil fuels like oil and coal, and he is expected to pull back restrictions on their extraction. That, coupled with his promise to “terminate the Green New Scam,” suggests that fighting climate change by reducing carbon emissions is low on his priority list.
How does this expected shift in policy look from a markets perspective? Quartz’s Rocio Fabbro checked the stock ticker tape to find out.
The right swipes for cheap chomps
Ordering food to your door from your favorite fast food restaurant is no longer an occasional treat. Now, it’s become something akin to a luxury thanks to high fees and subtle markups.
However! Not all delivery apps up-charge at the same rates. Sometimes saving a few bucks is as easy as clicking a different icon on your phone.
Which services will serve you a cheaper meal? Quartz’s Francisco Velasquez clicks around on your behalf to find out.
THIS WEEK AT QUARTZ
Look for stories about:
🏦 Trump’s likely de-escalation of banking industry trust-busting (by Rocio Fabbro)
📱 The best apps to help you lose weight (by Bruce Gil)
🏡 Real estate’s biggest home sales this year (by Madeline Fitzgerald)
🛞 States where car loans are the cheapest (by Ben Kesslen)
🏀 The NBA’s most luxurious suites (by Madeline Fitzgerald)
đź’ş Which airlines are the most likely to bump you from your flight (by Melvin Backman)
SURPRISING DISCOVERIES
There’s a town in South Carolina with more monkeys than people. Unfortunately for the residents of Yemasee, 43 of the primates are on the loose from a breeding facility.
Notre Dame’s bells have ended their five-year silence. They rang out for the first time since a 2019 fire devastated the historic Paris cathedral.
Melania Trump’s memoir is really sticking with readers. Literally — buyers are complaining of a greasy goop on the book’s cover. (paywall)
Beyoncé is breaking multiple Grammy records this year. She has the most nominations among 2024’s honorees, 11, and also has the most nods of all time, at 99.
A contractual gambling gamble is paying off for the Kansas City Chiefs. The football team unlocked a bunch more money from its betting sponsorship after Missouri voters legalized wagering in the state. (paywall)
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Our best wishes on a safe start to the day. Send any news, comments, delivery app arbitrage techniques, and monkey-hunting tips to talk@qz.com. Today’s Daily Brief was brought to you by Melvin Backman and Audrey McNamara.