Hurricane Erin has impacted the Outer Banks in North Carolina, causing road closures and flooding due to rain, storm surge, and rip currents. The Category 2 storm, with sustained winds of nearly 100 mph, is moving away from the U.S. coast but is expected to bring coastal flooding to the mid-Atlantic and Northeast. (Story URL)
The Powerball jackpot has climbed to $700 million after no winning ticket matched all numbers in the recent drawing. The lucky winner of Saturday’s draw can opt for either annual payments over 29 years or a lump sum of $316.3 million before taxes. This marks the 36th consecutive round without a grand prize winner since May. (Story URL)
Cracker Barrel faced a nearly $200 million drop in market value following the unveiling of a new logo, which removed the traditional image of a man leaning on a barrel. The stock plummeted by nearly 15%, causing a loss of up to $194.6 million in market capitalization. Despite the initial decline, shares slightly recovered later in the day. (Story URL)
Pew Research Center’s latest report revealed that the unauthorized immigrant population in the United States reached a record high of 14 million in 2023. This number includes around 6 million individuals who were shielded from deportation through various statuses, such as victims of violent crimes. (Story URL)
A New York appellate court has overturned a $527 million penalty in a civil fraud case against President Trump and others, deeming the fine “excessive.” The court was divided on the case’s merits, with one justice stating the penalty was unconstitutional under the Eighth Amendment. The New York Attorney General plans to appeal the decision. (Story URL)
