Monday, October 7, 2024

Hurricane Milton Quickly Becomes a Category 5 (Daily Rundown by Newser)

Newser Newsletter
October 7, 2024
 
 
The Big Rundown
The Atlantic storm named Milton turned into a Category 1 hurricane early Sunday afternoon. Keep reading
 
From our sponsors
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More Big News
Partly due to fentanyl rampaging through the narcotics pipeline, the United States has seen a depressingly high death count from drug overdoses in recent years. Keep reading
 
Also Making Headlines
 
Today's Jaw-Dropper
Qantas has apologized for showing passengers a movie that was "clearly not suitable to play for the whole flight." Keep reading
 
From our sponsors
An iconic Banksy painting from the collection of Sir Elton John shattered expectations when it sold for a whopping $1.9 million at auction this year. But even more surprising is a group of investors also celebrating this sale: 65,928 everyday users of one investment platform.

Why? Because that platform, called Masterworks, enables anyone to invest in shares of blue-chip paintings by artists like Banksy, Basquiat, and Picasso. This way, not only the music moguls and billionaires of the world can benefit from the art market.

In fact, with 23 exits, Masterworks investors realized net annualized returns like 17.6%, 17.8%, and 21.5% from 3 illustrative sales.

The content is not intended to provide legal, tax, or investment advice.

No money is being solicited or will be accepted until the offering statement for a particular offering has been qualified by the SEC. Offers may be revoked at any time. Contacting Masterworks involves no commitment or obligation.

Contemporary art data based on repeat-sales index of historical Post-War & Contemporary Art market prices from 1995 to 2023, developed by Masterworks. There are significant limitations to comparative asset class data. Indices are unmanaged and a Masterworks investor cannot invest directly in an index.

Net proceeds distributed back represents the total liquidation proceeds distributed back to investors, net of all fees, expenses and proceeds reinvested in Masterworks offerings, of all works Masterworks has exited to date.

See important Reg A disclosures at masterworks.com/cd

Best of all, as a special partner, our subscribers can
skip the waitlist to join here

 
Don't Overlook
Anthony Fauci contracted the West Nile virus in August, and he reveals in a New York Times essay that it took a far greater toll on his health than previously disclosed: "I could not swing my legs over the side of the bed to sit up without help from my wife and three daughters," he writes. Keep reading
 
On the Lighter Side
A photo posted by the Japanese government last week showing the nation's new prime minister, Shigeru Ishiba, and members of his Cabinet looked rather standard—a bunch of serious-looking politicians dutifully lined up in suits. Keep reading
 
Science Buzz
UK researchers have received funding to start work on what might eventually be the world's first vaccine for ovarian cancer, reports the BBC. Keep reading
 
Wild Card
College football continues to wrestle with the logistics of a new era in which players can cash in on their name, image, and likeness. Keep reading
 
TODAY'S NEWSER.AI PICK
Mega Millions ticket prices will rise to $5 in April, marking a significant increase from the current $2 cost. Keep reading
 
Comment of the Day
"I'll take the cold and snow over dealing with a hurricane."
sandman 234
Quote of the Day
"You know actors: it sounds good to say I died once. What is it when there's no more?"
Read This Elsewhere
How Everyone Got Lost in Netflix's Endless Library
 
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