Good morning. With August ending this week and millions of students piling back into classrooms, it's officially Back to School season. To celebrate the annual pilgrimage to homeroom, we're dubbing this week "Back to School" week and will devote one Brew story per day to a school-focused topic. Up first: an unconventional punishment is more widespread than you might think. —Neal Freyman | | | |  | Nasdaq | 12,141.71 | | | | | S&P | 4,057.66 | | | | | Dow | 32,283.40 | | |  | 10-Year | 3.043% | | | | | Bitcoin | $20,003.45 | | | | | Ethereum | $1,484.66 | | | | *Stock data as of market close, cryptocurrency data as of 9:00pm ET. Here's what these numbers mean. | - Markets: The summer rally is dead. Long live the summer rally. Fed Chair Jerome Powell throttled any lingering positive vibes in the market on Friday when he warned of "some pain" for Americans as the Fed tries to bring down inflation. After two losing weeks in a row, the S&P is down 15% for the year.
| | | | Joe Raedle/Getty Images Did you know that a human hasn't stepped foot on the moon since 1972? Well, NASA wants to change that, and today marks a major milestone on its quest to put astronauts back on the lunar surface. At 8:33am ET, the agency is set to launch its new moon rocket called the Space Launch System (SLS), the most powerful rocket ever built. The uncrewed mission will head toward the moon and complete one and a half orbits during its 42-day mission. If successful, the voyage will set the stage for a crewed "flyby" mission to the moon in 2024, teeing up a potential landing as soon as the following year. But this is rocket science after all, and most things don't go according to plan. The SLS was first ordered by Congress in 2010, and is only now hitting the launchpad after numerous delays and billions in cost overruns. Plus, getting humans on the moon will require not only the rocket but also a vehicle to send astronauts from the capsule to the moon's surface. SpaceX has been tapped to provide that lunar lander, though it hasn't successfully reached orbit yet. "I would say simply that space is hard," NASA Administrator Bill Nelson deadpanned on Saturday. So why even go to the moon? Here are a few reasons why NASA thinks it's worth the trouble, per NPR. - Science: Lunar geologists say some parts of the moon are pivotal for understanding the beginnings of the solar system, because there's no atmosphere or flowing water to erode rocks.
- Dress rehearsal for Mars: Before astronauts head to the Red Planet, they can work out all the kinks on the moon, which is 200 times closer to Earth than Mars.
- Marketing: Hey, we're talking about NASA, right? Doing big, buzzy projects like moon landings could help boost the reputation of the agency and also inspire more Americans to pursue science and engineering careers.
Final fun fact: NASA's new moon program is called Artemis. In Greek myth, Artemis was the twin sister of Apollo, the name of NASA's OG moon program. Here's the itinerary for the mission.  NASAFor more news on futuristic tech, make sure you check out Emerging Tech Brew. | | | We still hope to someday stumble upon the real fountain of youth, but an elixir that promotes restful sleep, recovery, and a healthy response to stress also sounds pretty magical. And fortunately for all of us, that does exist. It's called organifi Gold, and this nighttime tea is just what your wind-down routine is missing. Just one cup delivers 9 soothing ingredients—including lemon balm extract, coconut milk, ginger, and traditional ayurvedic herbs—that give your body the nourishment it deserves, without any sugar or negative side effects. Wake up feeling refreshed and energized. Use code BREW to get 25% off your entire purchase + a free 14-pack of Red Juice. | | Akram Shahid/AFP via Getty Images  Pakistan faces a "climate catastrophe." Pakistan officials said on Sunday that flooding from monsoon season has killed more than 1,000 people since mid-June, including 119 in the previous 24 hours. Flash floods that have destroyed villages and affected at least 33 million people amounted to a "climate-induced humanitarian disaster of epic proportions," Pakistan's climate change minister said.
 $3 movie tickets are coming. You'll be able to tell your grandkids, "Back in my day, I paid $3 for a movie ticket," because on Saturday the majority of movie theaters in the US will sell tickets for $3. The National Cinema Day initiative, launched by the nonprofit Cinema Foundation, is an effort to get people back into theaters during Labor Day weekend, which is typically one of the weakest all year. Plus, domestic box office sales this summer are still lagging 2019 levels by 20%.
 Baseball card sells for $12.6 million. A 1952 Mickey Mantle baseball card in mint condition sold for $12.6 million at auction—topping a $9.3 million Diego Maradona jersey as the most expensive piece of sports memorabilia ever sold. The sports collectibles space has exploded in popularity during the pandemic. In 2018, the size of the market was estimated to be around $5.4 million. By 2021, it grew to $26 billion.
| | Tom and Jerry/Warner Bros. via Giphy If all other disciplinary actions fail, teachers in Missouri's Cassville R-IV School District will be allowed to spank a student with a paddle, parents learned last week. The superintendent said the school board brought back the practice after parents asked for more punishments other than suspension. The parent has to approve the spanking of their child, but once they do, a teacher can use "reasonable physical force" on a student but give no "chance of bodily injury or harm." A witness has to be present during the spanking and a teacher or principal must give notice to the superintendent justifying the punishment. Big picture: You may be surprised to learn that corporal punishment—as it's formally known—is legal in 19 states. That's because a Supreme Court decision in 1977 said the technique was constitutional and let each state decide on its own rules. More than 69,000 children were punished physically in the 2017–2018 school year, according to the most recent data. Spanking in schools has loads of critics, including the American Academy of Pediatrics and American Psychological Association, which say it's not effective and can give students trauma. A 2016 study found that boys, Black kids, and children with disabilities were more likely to be paddled than their peers. Stay tuned for more back-to-school stories throughout the week. | | Al Bello/Getty Images Bright lights, big city, lots of tennis: For two weeks, the racket sport everyone will be talking about won't be pickleball as the US Open hits Flushing Meadows today. It will likely be the last tournament Serena Williams competes in. Fresh jobs numbers: The August jobs report drops on Friday. Despite rising interest rates and a slowing economy, the labor market has remained surprisingly durable. An average of 418,000 jobs have been added to the economy each month this year. Back to Middle Earth: The Lord of the Rings: The Rings of Power, the most expensive TV show ever made, hits Amazon Prime Video on Friday. The cost of the show ($715 million) is equivalent to 0.15% of Amazon's revenue last year, and 20% of what New Zealand budgeted for defense this year, per the WSJ. Everything else: - Russia will stop gas flows through the Nord Stream 1 pipeline on Wednesday for three days of maintenance.
- The 25th anniversary of Princess Diana's death is on Wednesday.
- Rick and Morty season six arrives on Sunday.
| | City of Bellevue Stat: The perfect way to celebrate pumpkin spice season, IMO—Nebraskan Duane Hansen set the record for longest journey in a pumpkin boat this weekend. The pumpkin grower paddled his 861-pound pumpkin, named Berta, 41 miles down the Missouri River on Saturday, smashing the previous record of 25.5 miles. Quote: "As a society we have to do more to create an atmosphere where racist a**holes like this never feel comfortable attacking others." Utah's Republican Gov. Spencer Cox responded to an incident at the BYU vs. Duke women's volleyball game in Provo on Friday night, when a fan repeatedly yelled racist slurs at Duke's Rachel Richardson, a Black volleyball player. The fan, who is not a student, has been banned from all BYU athletic facilities. Read: The 33 coolest streets in the world. (Time Out) | | Dive back into the week: Investing 101: You can fall down an investing rabbit hole, or you can just go through Money With Katie's simple Investing 101 email series. Sign up for free. Triple the fun: Motley Fool Stock Advisor has a trio of "double down" stock picks. 5 years from now, you'll probably wish you grabbed these stocks—get your recs here.* Where innovation goes further: Innovation is booming in Ohio—the 7th-largest economy in the US—thanks to accelerated venture funding that fuels growth in diverse startups and innovation investments in healthcare, life sciences, and technology. Learn more.* *This is sponsored advertising content. | | - The Buffalo Bills released punter Matt Araiza after he was accused in a lawsuit of gang-raping a minor with two of his former teammates at San Diego State. Araiza denies the allegations.
- US intelligence officials said they'll review the records taken from Mar-a-Lago for potential national security risks.
- Two US warships transited the Taiwan Strait for the first time since House Speaker Nancy Pelosi's visit to the island.
- Chipotle workers in Michigan became the first location to unionize at the company.
| | Turntable: We tamped down the difficulty for today's Turntable, so if you've never given the game a shot before, now's the time. Play it here. It's all Greek to me Today's game is inspired by the Artemis mission to the moon. We'll give you a Greek god, and you have to name the Roman counterpart. You might start to notice a pattern… - Zeus
- Ares
- Poseidon
- Hades
- Hermes
- Aphrodite
| | - Jupiter
- Mars
- Neptune
- Pluto
- Mercury
- Venus
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