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Catch up on the day’s stories: Lives of the ultra-rich, YOLO economy, thwarting shoplifting

By Meghan Pryce

👋 Welcome to 5 Things PM! Not so long ago many of us were willing to buy fancy new TVs, Peloton bikes and bottles of the good stuff. Because you only live once, right? Now the free-spending party is coming to an end. Nicole Goodkind analyzes why this could be.

Here’s what else you might have missed during your busy day:

5 things

1️⃣ The ultra-rich: There’s no need for a rental car. The wealthy 1% bring their favorite vehicles on vacation — and barely blink an eye at the expenses. Meet the man who flies their luxury cars around the world.

2️⃣ Heat dome: A brutal heat dome is ramping up and sending temperatures to dangerous levels in California and the West in what is the region’s first significant heat wave of the year. Here’s when temperatures could peak. ➕ How to cool down without AC

3️⃣ Loss prevention workers: Hourly retail security workers at TJ Maxx and Marshalls are now wearing police-like body cameras to thwart shoplifting. Criminologists say the initiative may do little to stop thieves.

4️⃣ Media meltdown: The male-dominated sports media apparatus is stumbling over Caitlin Clark. It’s trying to pretend that it hasn’t ignored the WNBA for decades until the superstar rookie came along. Allison Morrow’s analysis dives into how it’s getting ugly.

5️⃣ Airline fog: What causes the mist or fog inside the plane cabin? It’s a phenomenon you might be familiar with if you’ve ever boarded an airplane on a humid day, but there’s actually a simple explanation.

Watch this

🤪 Funny faces: Tennessee Rep. John Rose was speaking on the House floor against former President Donald Trump’s historic conviction. And then his son stole the spotlight.

Top headlines

Check this out

⛰️ Dizzying heights: A new “floating” staircase in Norway promises spectacular views and undeniable thrills — “if you dare to look.” The 131-foot long stairway, called the “Stigull” ladder, dangles some 2,591 feet above a Norwegian fjord in a small village. Could you stomach it?

Quiz time

Mexico recently elected its first female president, Claudia Sheinbaum. Which continent has the most countries governed by women?
A. Africa
B. Americas
C. Asia
D. Europe
⬇️ Scroll down for the answer.

Your health

💊 Male contraceptive: After decades of false starts, researchers say they are finally making progress on a long-acting and reversible birth control option for men. But this method won’t take the form of pills.

Good vibes

😎 We like to wrap things up on a positive note:
A Black medic credited with treating many wounded soldiers on D-Day has been posthumously awarded the Distinguished Service Cross, the second-highest military decoration. Lawmakers and the family of Army medic Cpl. Waverly Woodson Jr. say he wasn’t previously honored because of his race. They hope this paves the way for him to be awarded the Medal of Honor.

Thanks for reading

👋 We’ll see you tomorrow.
💬 What did you like about today’s 5 Things PM? Did we miss anything? Email us: 5ThingsPM@cnn.com
🧠 Quiz answer: D. Europe leads with 11 countries having women serve as heads of state or government.
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5 Things PM is produced by CNN’s Tricia Escobedo, Kimberly Richardson and Dan Wine.

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