Deadly thunderstorms, tornadoes roll across Michigan.
At least five people were killed in the aftermath of the extreme weather event, which included severe storms with winds of up to 75 mph and at least seven tornadoes. Roughly 400,000 people in Michigan and more than 120,000 people in Ohio were without power Friday night.
March on Washington anniversary event to draw 75,000 people.
Civil rights leaders will hold an event at the Lincoln Memorial in Washington, DC, today to honor the 60th anniversary of the March on Washington, where Martin Luther King Jr. delivered his iconic "I Have a Dream" speech. The main event is expected to kick off around 11 am ET. Livestream it here.
Federal Reserve's Powell warns of more interest rate hikes.
Fed Chairman Jerome Powell, in his annual Jackson Hole, Wyoming, policy speech Friday, suggested the central bank might still need to continue to raise interest rates in the coming months as inflation remains too high. The Fed has increased interest rates 11 times since it began its campaign to bring inflation down to its annual 2% target, pushing the benchmark rate to a range of 5.25%-5.5%.
Grocery delivery company Instacart files to go public.
Instacart, which was founded in 2012, filed paperwork for its initial public offering Friday and expects its shares to start trading under the ticker symbol "CART" on Nasdaq next month. The company had planned to go public last year but pushed it, citing market volatility. Instacart's internal valuation once stood at $39B but was since slashed to about $13B in October 2022.
DOJ sues SpaceX over hiring discrimination.
The Justice Department's lawsuit alleges SpaceX violated the Immigration and Nationality Act by discouraging applicants who were asylees and refugees from applying to jobs and refusing to hire or consider them based on their citizenship status.
Second annual National Cinema Day to be held tomorrow.
More than 3,000 theaters around the US, including AMC Theaters and Regal Movies, are offering $4 discounted movie tickets to celebrate the second annual National Cinema Day. The discounted tickets will be offered for all movie formats, including premium large format screens.
World Wrestling Entertainment star Bray Wyatt dies at 36.
Wyatt, whose real name was Windham Rotunda, was a third generation wrestler and the son of WWE Hall of Famer Mike Rotunda. Wyatt was named WWE Champion in 2017. His cause of death was not disclosed; however, he had been dealing with health issues.