🗞️World's new richest person

September 10th, 2025

What happened today 🇺🇸,

• Larry Ellison has surpassed Elon Musk as the world's richest person for the first time ever, driven by a surge in Oracle's stock price that rose over 40% in a single day…Ellison's net worth increased by about $101 billion to approximately $393 billion, overtaking Musk whose net worth is valued at around $385 billion

• Charlie Kirk, the conservative activist and co-founder of Turning Point USA, was shot and killed during an outdoor event at Utah Valley University…the suspected shooter has been taken into custody

• Three former high-ranking FBI officials have filed a federal lawsuit against FBI Director Kash Patel and Attorney General Pam Bondi, the lawsuit alleges that Patel fired them as part of a "campaign of retribution" to appease President Trump

• The U.S. Department of Labor's internal watchdog, the Office of Inspector General, has launched an investigation into the Bureau of Labor Statistics (BLS) to review the challenges it is facing in data collection…read more here

• Federal judge, Jia Cobbhas, has temporarily blocked President Trump from firing Federal Reserve Governor Lisa Cook, ruling that Cook must be reinstated while her lawsuit against the attempted firing proceeds…the Trump administration has already filed to appeal the judge's order

• Uber announced plans to launch helicopter rides integrated into its app as early as 2026, initially focusing on routes around New York City and parts of Southern Europe

• Amazon is developing consumer-focused augmented-reality (AR) glasses, internally codenamed "Jayhawk," and they are expected to launch in late 2026 or early 2027…these glasses will feature microphones, speakers, a camera, and a full-color display in one eye, designed to compete directly with Meta's AR glasses

• Oracle and OpenAI have signed a $300 billion cloud computing deal spanning approximately five years and will start in 2027

• Novo Nordisk, the maker of Ozempic and Wegovy, announced it will cut approximately 9,000 jobs which is about 11.5% of its global workforce by the end of 2026

• August PPI inflation came in at 2.6% year over year below the expectations of 3.3%, Core PPI inflation came in at 2.8% year over year below the expectations of 3.5%

• Data from the National Association of Realtors showed that in 2024 there were more home buyers over the age of 70 in the U.S. than under the age of 35…read more here 

• DOW down .48% / S&P up .30%

• Poland shot down multiple Russian drones that violated its airspace overnight during a wave of Russian attacks targeting Ukraine, this marked the first recorded direct engagement between Poland (and NATO air forces) and Russian military assets inside NATO territory since the start of the Ukraine war in 2022

Plus: A look at U.S. cities with the most DUIs

Please follow The Simple American on X @TSimpleAmerican x.com/Tsimpleamerican

Quote of the day: "In the long run, you make your own luck — good, bad, or indifferent." —Loretta Lynn

Comic of the week 😂:

Have a great night!

P.S. We love connecting with our readers so…

Please reply to this newsletter for more info on any news points in the letter, feel free to give us any feedback you have, or let us know what you want more of!

P.P.S. Want to reach over 13,500 people? Reply to this email to inquire about advertising with us!