Friday, May 1st Edition
Cory Ohlendorf
Compiled and written by
CORY OHLENDORF
Valet. Editor

I’m not much of a horse race fan, but I do like mint juleps.
 
Let’s dive in today …

Today’s Big Story

A Water Crisis?

 

Concerns over water access are poised to consume summer in the U.S.

 

There’s nothing more vital than water, right? We need it. Our trees and crops need it. Even AI needs it. But now, many are worried that this summer, many Americans will fighting to share declining water resources.

Who’s going to cut back? Especially with two high-profile water crises—juiced up by climate change and industrial overuse—looking like they’re going to be very problematic. From a city in Texas staring down a drought emergency to a decades-long political crisis coming to a head for the states that rely on the Colorado River, water issues in the West will take center stage in the coming months—and experts tell WIRED that other places should take notes and start planning ahead for their own future.

How’d we get here? Well, there’s lots of data to parse, but put simply: Following a winter of record-breaking heat, snowpack in various mountain ranges across the American West reached record lows. March came in even hotter, smashing records in states across the region.

This record dry season is also colliding with a decades-long political crisis on the Colorado River. For years, the states drawing water from the river have sparred over how to equitably divide the supply from the river, as the growth of agriculture and a series of climate-charged droughts have begun threatening the long-term water supply. Alfalfa for cattle feed is the biggest consumer of water from the Colorado, using more water than all of the cities along the river combined. States have missed key deadlines, including one in February, to renegotiate the Colorado River Compact of 1922, which regulates how water in the region is distributed. Each state gets an annual allotment, and the total amount of water is supposed to be divided evenly between an upper basin and a lower basin.

And a new study projects a sharp rise in multiyear shortages that push demand beyond supply, placing both cities and rural communities at risk much sooner than expected.

 
FYI:

With climate change intensifying drought in several regions, cities are exploring ways to turn sewage into drinking water.

Congress Ends Record-Shattering DHS Shutdown

 

Most of the department will now be funded through September

The U.S. House ended the bulk of the longest government shutdown in U.S. history Thursday, approving a bipartisan bill to fund most of the Department of Homeland Security after weeks of delay and with little fanfare. It was a head-spinning turnaround: Earlier this week, House Republican leaders were insisting that the Senate-passed bill had a technical problem that made it impossible for them to support it.

But President Donald Trump had been pushing lawmakers to fund the agency before the end of the week, when an emergency fund used to pay employee salaries would run dry. Trump signed the bill late Thursday, resolving uncertainty over whether thousands of federal security workers would be paid next month.

 
FYI:

The House and the Senate also passed a short-term bill to prevent a key foreign spying program, known as FISA Section 702, from expiring yesterday.

The Kentucky Derby Is Here

 

It’s being called the most consistent (and unpredictable) event in sports

Beloved sports writer Tim Layden says the Kentucky Derby is the most static and reliable piece of the American sports calendar. It has been contested almost annually without interruption since 10 years after the end of the Civil War, and on the first Saturday in May for almost a century. It will be attended by roughly 150,000 fans, kings and commoners, wearing hats and drinking mint juleps.

But the famed horse race is also one of most unpredictable sporting events of the year. Hunter S. Thompson famously called it “Decadent and Depraved,” for reasons very unrelated to horse racing. It could just as well be called “Chaotic and Capricious.” To earn a spot in the starting gate of the Kentucky Derby, a 3-year-old horse must compete in a series of designated races from September through mid-April. Points are awarded to the top five finishers in each race. The 20 horses with the most points, or the horses who win their international series, earn a spot in the starting gate. This year, Renegade, trained by Todd Pletcher and ridden by Irad Ortiz Jr., is being called the 4-1 favorite.

But with all the betting in sports these days, ESPN reports that Kalshi and Polymarket are apparently bowing out.

 
Dig Deeper:

The Ringer dives into the 152 best horse names in the derby’s history.

🔒

Today’s Member Extras

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Exclusive

 

Tech, Gear & AI Debriefing

The Trends You Need to Know About Right Now

 

Apple’s plan for the VisionPro and Photoshop’s interesting origin story. Plus, Elon Musk admitted that xAI used OpenAI's models to train Grok.

 

A Weekend Pairing

‘Man on Fire’ + a Caipirinha Cocktail

 

Netflix’s stylish series reboot of the Denzel Washington film pairs perfectly with Brazil’s signature cocktail.

 

Your Weekend Long Read

Let Brown Noise Hack Your Brain

 

The gentle noise is a simple way to master both your sleep and focus.

 

Today on

 

There’s something appealing about wearing a suit when you don’t have to. Pair it with loafers, skip the tie or don’t—and make it your own. The point is, the rules don’t apply anymore.

 
 

If you’re aiming to do better than a panic buy, start here. Our Mother’s Day gift guide covers the classics, plus a few standout upgrades she’ll actually use and love.

 
Tip of the Day:

Most men regularly wear only 13% of their clothes, which means your closet is probably packed with expensive mistakes you'll never touch. The secret to better style isn't buying more, it's ruthlessly editing.

Morning Motto

Embrace a little chaos.

 

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