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The cosmopolitan issued a statement that it was over capacity at a pool party why I was banned but told me I would be arrested just for stepping on their property even if I went to eat on the property “not at the pool party” doesn’t even make sense— Meek Mill (@MeekMill) 285

The city of Chicago wants 0,106.15 in the next seven days from actor Jussie Smollett, to cover the cost of the investigation into claims he was attacked in what he described to police investigators as a possible hate crime.In a letter sent to Smollett in care of his attorneys, the city's corporation counsel says if Smollett doesn't pay, the city might prosecute him using Chicago's municipal code or other legal remedies."The city feels this is a reasonable and legally justifiable amount to collect to help offset the costs of the investigation," city spokesman Bill McCaffrey said.Smollett's defense team did not comment on the letter and referred CNN to an earlier statement, in which they said Mayor Rahm Emanuel and Police Superintendent Eddie Johnson need to apologize to their client."It is the Mayor and the Police Chief who owe Jussie -- owe him an apology -- for dragging an innocent man's character through the mud," the attorneys said. "Jussie has paid enough."In the letter, the city says two dozen police personnel worked the case, which used resources that could have been spent investigating other crimes.The city asked for a certified cashier's check or money order made out to "City of Chicago."Democratic mayor, Republican President outragesIt's not often that Emanuel and President Donald Trump agree. But on Thursday, they were united in outrage over the dismissal of Jussie Smollett's criminal charges.A prosecutor unexpectedly 1467

The coronavirus pandemic has sent the U.S. financial markets on a downward spiral. Last week, in just one day, the Dow Jones Industrial saw a 13 percent drop; it’s single biggest drop ever. “A lot of people are scared,” said Kelly Lannan with Fidelity Investments. “They don’t quite know what they are seeing, especially the average investor who is not following day to day.”Lannan explained most people looking at their 401k accounts are worried but advises people to put their market fears and emotions aside. “Market volatility can really be nerve-racking,” Lannan explained. “We get it from Fidelity investments perspective, and more importantly, we are here to help.”Fidelity is advising the best move right now may be no move at all. Referencing social media posts with the phase “don’t touch your face, don’t touch your 401k,” she explains most investors shouldn’t panic and divest their stocks during the economic downturn during the COVID-19 pandemic.“The most important thing to say, and I know this is really hard to hear, is not to panic,” Lannan explained. “This is a part of life, and the important thing to note, as we saw in 2008, is these downturns are usually followed by a recovery.”Not divesting doesn’t mean ignoring your investments and portfolio. In fact, Lannan believes those concerned about their portfolios and 401k’s should use this time to get more familiar with their investment plan and goals. She recommends a few steps in that review process: · Step One: Understand where you have your money by taking a look at your asset allocation and assess if it aligns with your age and your time horizon. If it does not, start making a plan to restructure your investments when the market starts to recover. · Step Two: Assess whether you have a diversified investment strategy. Diversification helps to soften the impact during market downturns. For those who have an employer sponsored retirement plan, you can reach out to your plan sponsor and ask question or get guidance on this. · Step Three: Take a look at your emergency fund. Fidelity recommends having three to six months of your essential expenses in savings. If you don’t have that and are concerned with possible unemployment due to the economic downturn, start to assess which investments you could move money from. Making a move, in terms of selling off your stocks, may not be the best decision now. However, better understanding your investment portfolio may help you make a better investment decision when the markets recover or even calm your concerns as they struggle during this downturn. “We know from behavioral finance that people make really, really bad decisions when they panic,” said Robert Stammers with the Charter Financial Analyst Institute. The CFA also recommends most invested in the stock market should hold off on divesting, especially if they have a long-term investment strategy. “If they do sell they’re going to be selling in a bad market,” Stammer explained. “They’re basically going to be doing what people tell you not to do, which is sell low and buy high, when the market comes back.”Historically, the market always rebounds. In 2008, it took five years, and in 2015 the market bounced back in about 13 months. Stammer pointed out, even with major downswings, overtime, those who stay invested still see an annual eight to nine percent return on average. “People did not think we’re going to get through the 2008 crisis,” Stammer said. “More than 60 percent said, ‘that’s it, this is never coming back, it is never going to be like this again.’ Then, after it did come back, the return on the market was like 17 percent.”The “stay the course” advice applies to mostly those with time to wait out the market. However, if you are closer to retirement, or in it, both Stammer and Lannan suggest you may want to get individual advice from a financial professional. When seeking help from a financial professional, it is wise to ask if that professional is a fiduciary, which is a financial advisor legally required to put your interest over theirs. Unfortunately, during economic downturns emotional investors are often easy targets for scammers or individuals selling financial instruments acting as financial advisors. The CFA has a 4263

The brand and intellectual property of Sports Illustrated have been sold to marketing company Authentic Brands Group for 0 million.Meredith Corporation, the current owner of the iconic magazine, announced the sale on Tuesday. In an unusual arrangement, Meredith will continue to publish the Sports Illustrated magazine and website.The structure of the deal suggests that the Sports Illustrated brand is much more valuable than the storied magazine.Authentic Brands Group, which owns the brands of celebrities like Marilyn Monroe and Elvis Presley, will assume the marketing, business development and licensing of Sports Illustrated's intellectual property.Jamie Salter, CEO of Authentic Brands Group, said in a statement that Sports Illustrated's "trusted name and fiercely devoted following set the stage for the brand to become a leader in lifestyle and entertainment."According to the companies, potential new business opportunities include events, conferences, gambling and gaming products as well as video and television.Meredith, which is paying Authentic Brands Group an undisclosed fee to publish the Sports Illustrated magazine and website, said it would maintain the publication's editorial independence.Sports Illustrated was put up for sale last year along with Time, Fortune and Money magazines, which Meredith acquired via its purchase of Time Inc. Meredith also owns People, InStyle and Better Homes & Gardens.Salesforce CEO Marc Benioff and his wife Lynne Benioff purchased Time in September.Meredith sold Fortune to Thai billionaire Chatchaval Jiaravanon in November, and decided to take Money magazine off the market in April, turning it instead into a digital-only publication. 1715

The Apple product surprises keep rolling out this week.For the third day in a row, the iPhone maker quietly launched new gadgets ahead of a press event scheduled for Monday that will likely focus on the launch of its rumored streaming service.The company announced Wednesday its next-generation wireless earbuds. The new AirPods feature a wireless charging case, improved battery life and hands-free access to its Siri voice assistant.The set will be available in two options: with a wireless charging case for 9 or with the normal standard case for 9 -- the same price as the original AirPods.The wireless charging case is also available for for people with the original version of AirPods.The new AirPods feature Apple's new H1 chip, which the company says gives better performance, faster connect times and up to 50% more talk time than the original AirPods. Users can also now say "Hey Siri" to activate the voice assistant, rather than tapping one of the ear buds.The new set can be purchased online starting Wednesday and will hit Apple Stores next week.On Tuesday, Apple unveiled a refresh to its 1126