Hurricane Helene Updates: Storm Intensifies; NYC Mayor Stays Firm Amid Corruption Case; UFC Settles $375M Antitrust Lawsuit

Good Afternoon, it is Thursday September 26th, and we're covering HHurricane Helene Updates: Storm Intensifies; NYC Mayor Stays Firm Amid Corruption Case; UFC Settles $375M Antitrust Lawsuit and some big investing tips & much more!! First time reading?                                                                         American Fact of the Day!  The U.S. is the birthplace of many popular inventions, including the airplane, the light bulb, and the internet. The Wright brothers made their first powered flight in 1903, while Thomas Edison developed the first practical electric light bulb in 1879. These innovations have significantly shaped modern society and global transportation!                                                                         Breaking Updates   Hurricane Helene live updates: Storm set to intensify and cause 'catastrophic' damage across Florida  Helene is currently a Category 2 hurricane with wind speeds of 100 mph. It is expected to make landfall on Florida's Big Bend this evening as at least a Category 3 hurricane, bringing the risk of devastating damage.  The storm was 255 miles southwest of Tampa as of 11 a.m. ET, traveling northeast at 14 mph.  A storm surge warning is in place for almost the entirety of Florida's west coast, where surging waters described as "unsurvivable" could reach as high as 20 feet in places.  [Read More Here]( NYC Mayor Eric Adams says he doesn’t plan to resign despite federal corruption case against him  New York City Mayor Eric Adams was indicted on federal charges Thursday, accused of accepting bribes from foreign nationals and receiving illegal campaign contributions in exchange for facilitating favors, including securing fire safety approvals for a new Turkish diplomatic building. The indictment details a decade-long pattern of corruption involving conspiracy, wire fraud, and bribery, highlighting Adams's failure to disclose gifts and contributions while he "kept the public in the dark." U.S. Attorney Damian Williams emphasized that Adams, with his history in law enforcement, had a duty to maintain transparency and accountability to the citizens he serves.  In response to the allegations, Adams addressed reporters outside Gracie Mansion, affirming that he has no intention of resigning and urging New Yorkers to await his legal defense before passing judgment. He described the day as painful but expressed confidence in his upcoming defense, suggesting that this legal battle is a culmination of a prolonged investigation. As he spoke, demonstrators rallied nearby, accusing him of corruption and misusing his power, underscoring the tumultuous atmosphere surrounding the mayor's office amid these serious allegations. The indictment further claims that Adams exploited the city’s matching funds program, receiving over $10 million in public funds based on false certifications, and that he actively sought luxurious travel benefits from a Turkish official while creating misleading documentation to obscure his actions.  [Read More Here](                                                                           American Sports & Culture UFC reaches $375M settlement in Le v. Zuffa antitrust lawsuit  The UFC reached a new settlement in one of its antitrust lawsuits Thursday and hopes a judge will green-light it.  [READ MORE...]( Former MVP Derrick Rose retiring from NBA after 16-year career  Rose, 35, announced his decision on social media Thursday morning. He also took out full-page ads in the local newspapers of the six NBA cities he played in -- Chicago, New York, Cleveland, Minneapolis, Detroit and Memphis -- to thank each fan base.  MORE...]( ‘The Last of Us’ Season 2 Releases Intense, Ominous Teaser Trailer The new footage, set to the haunting strains of “Future Days” by Pearl Jam, continues the story of apocalypse survivors Joel (Pedro Pascal), Ellie (Bella Ramsey), and Joel’s brother Tommy (Gabriel Luna).  [READ MORE...](                                                               American Business & Markets David Tepper says the Fed has to cut rates at least two or three more times to keep credibility  Appaloosa Management’s David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because the central bank has now to keep credibility.  [READ MORE...]( Swiss central bank cuts rates by a quarter point in third trim this year  The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%.  [READ MORE...]( Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’  As the U.S. Federal Reserve implemented [its first interest rate]( cut since the early Covid-19 pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.”.  MORE...]( In order to unsubscribe from this mailing list, please click [here](