š Crank up the AC

Good morning, Quartz readers!
Hereās what you need to know
The largest US power grid is on emergency alert because of a heat wave...Ā High temperatures are straining PJM Interconnectionās energy reserves as more homes power their cooling systems.
ā¦while the high temps are heating up US gas prices... Refinery outages become more frequent as temperatures touch triple-digit Fahrenheit (i.e. 38°C or higher).
ā¦and the UK officially clocked its hottest year on record in 2022. But it might just become the norm by 2060.
Toyota is bringing back its iconic Land Cruiser to the US. The Japanese carmaker is betting that the country will keep buying gas-guzzling SUVs.
Chinaās reputation as a leading economic power is fast eroding. Fewer people globally now call China the worldās top economic power compared to just a few years ago.
The Mattel Cinematic Universe
Thereās a new MCU, and itās based on a lot of plastic: Mattel is offering up its toy IP to Hollywood executives, hoping that it can be molded into a money-making, Marvel-styled franchise.
Here are some of the films announced so farāfor realāin the Mattel Cinematic Universe:
šŗšø American Girl
š¦ Barney
š Christmas Balloon
š Hot Wheels, with JJ Abramsās Bad Robot
š± Magic 8 Ball
šØāš Major Matt Mason, starring Tom Hanks
Thatās not even half of them.
One big number: 3 billion
Monthly active users on Facebook

Facebook is far from Metaās fastest growing app, though. Quartzās Scott Nover explains.
Pop quiz: Hip-hop turns 50
What was hip-hopās first big business move?
A. RunāD.M.Cās deal with Adidas
The answer is A., which happened in 1986 and kicked off a framework for generational wealth in a country that hasnāt historically afforded much of it to the Black community. Read about hip-hopās biggest business moves, part of our new Hip-Hop: ā73 Till Infinity series.
Quartzās most popular
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š The first batch of Yeezy sales has put a spring in Adidasās step
š» Unionized workers are stepping in to save Americaās oldest craft brewery
š Harvardās legacy admissions are under federal investigation
ā¤ļøā Every successful relationship is successful for the same exact reasons
Surprising discoveries
Changing social media networks is not as easy as it sounds. It all has to do with how the brain processes startingāand stoppingāhabits.
McDonaldās latest earnings were very purple. āThis quarter, the theme isāwell, if Iām being honest, the theme was Grimace,ā the burger chainās CEO said.
Japan has a new luxury cherry variety. One Benio is $30.
Kim Jong Un riding a horse and a tractor are just a few of the new paintings of the leader showcased in a North Korean art exhibit. Take a look.
Gen Zers are the stingiest tippers. And it may just be the start of a greater shift.
Our best wishes for a productive day. Send any news, comments, purple shakes, and expensive cherries to [email protected]. Reader support makes Quartz available to allābecome a member. Todayās Daily Brief was brought to you by Morgan Haefner.