Newsletter Aug 30, 2021

On the16th anniversary of Hurricane Katrina's catastrophic arrival in New Orleans, Category 4 Ida took its best shot at Louisiana over the weekend.

3 things you must know
  • Category 4 Hurricane Ida hammers Louisiana and neighbors

    Exploding from a tropical storm on Friday into a massive Category 4 monster on Sunday, Hurricane Ida slammed into the Louisiana coast this weekend with 150 mph winds and a powerful storm surge that rendered portions of the Gulf Coast "uninhabitable" for humans.

    While many Louisianans were waiting for sunlight to see what's left of their homes and livelihoods, the fear was all-too familiar. Ida arrived on the 16th anniversary of Katrina as residents dealt with their sixth landfalling hurricane to hit the state in the past year.

    Louisianans aren't the only ones feeling the impact. Ida remained a hurricane as it headed north toward Nashville, and the Southeast can expect gas shortages and price hikes as a result of the storm.

    WATCH VIDEOS FROM THE EARLY DAMAGE CAUSED BY IDA

  • Biden's big tax hikes are still looming for wealthy Americans

    A $1.9 trillion stimulus bill, a $1.2 trillion infrastructure bill, and a $3.5 trillion budget reconciliation package -- and those are just within the first few months of the Biden administration. As the old saying goes, a few trillion here and a few trillion there, it adds up to a lot of money.

    It might sound like money well spent for the millions of Americans in need, but that cash has to come from somewhere. And in the case of Biden and his fellow Democrats, the bulk of funds will come from the wealthiest Americans whom they feel don't pay their fair share. The result will be some big tax hikes targeted at higher income brackets.

    SEE WHO WILL BE THE BIG LOSERS IN BIDEN'S TAX HIKES

  • Inflation by generation: How rising prices impact age groups

    Inflation has become the key economic factor driving the recovery from the COVID-19 pandemic. The Federal Reserve has shown concern over the impact rising prices are having on the economy as a whole, but a recent study shows they do not affect all equally.

    When it comes to breaking down inflationary concerns by generation, Baby Boomers (those born between 1946 and 1964) are far more commonly concerned and individually impacted by inflation than younger groups like Millennials (those born from 1981 to 1996). Some of it is a result of their life experiences, but some if is baked in.

    FIND OUT HOW EACH GROUP IS AFFECTED BY INFLATION

Markets
DJIA 35,455.80 0.69%
S&P 500 4,509.37 0.88%
Nasdaq Composite 15,129.50 1.23%
Japan: Nikkei 225 27,732.04 0.33%
UK: FTSE 100 7,148.01 0.32%
Crude Oil Futures 68.77 0.04%
Gold Futures 1,825.70 0.34%
Yen 109.74 -0.10%
Euro 1.18 0.08%
* As of market close

Biden honors fallen while ordering air strikes

President Joe Biden was tasked with the most difficult duty of his office Sunday - paying tribute to the 13 service members who died in the line of duty during the most tumultuous time of his tenure. He and first lady Jill Biden returned to their home state of Delaware to honor their sacrifices.

Meanwhile, Biden's focus is on completing the evacuation of American citizens and Afghan allies from Kabul while assuring the safety of those troops carrying out the mission before Tuesday's deadline. The US used air strikes to punish ISIS-K operatives and prevent another terrorist attack, but the clock is ticking for America to end its 20-year tour in Afghanistan.

FIND OUT WHAT BIDEN SAID ABOUT THE 13 FALLEN SOLDIERS


Fauci warns against use of horse dewormer

It doesn't take a lot of common sense to know not to use a medication designed for farm animals, but apparently it does take some horse sense as emergency rooms and poison control centers have been overwhelmed by humans using the horse dewormer Ivermectin to treat COVID-19.

The problem is serious enough that Dr. Anthony Fauci took time to warn people against using the horse deworming medication. After the medicine was hyped by media outlets and social media misinformation, there have been cases of death and serious illness resulting from the home remedy. “You are not a horse. You are not a cow. Seriously, y’all. Stop it," he said.

FIND OUT COVID MISINFORMATION HAS CREATED DEADLY MYTHS


TikTok pulls the plug on milk crate challenge

First it was the ice bucket challenge, then cinnamon, then TidePods. And just when you thought people couldn't get any dumber, along came the milk crate challenge, featuring people stacking the plastic crates into a pyramid and attempting to scale the structure without getting killed.

Following a string of serious injuries stemming from people starring (and falling) in their own videos, TikTok has banned the milk crate challenge and now issues a warning to users. The move comes after reports of broken hips, dislocated joints and other serious injuries that could lead to paralysis. Adding insult to injury, insurance companies consider medical expenses stemming from such acts as "elective surgery" and uncovered.

SEE SOME OF THE VIDEOS THAT FORCED TIKTOK TO BAN THEM


Using your head

A different type of milk crate challenge sees world-record seekers balance them on their heads. Who holds the world record and how many crates?

Friday’s answer: Yellowstone claims to be the world's first national park, but Mongolia's Bogd Khan Uul was established nearly a century earlier .

SEND YOUR ANSWER HERE TO SHOW OFF YOUR KNOWLEDGE

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