10 things you need to know today: July 4, 2014

Hurricane Arthur
(Image credit: (AP Photo/Gerry Broome))

1. Hurricane Arthur weakens after rattling North Carolina

Hurricane Arthur knocked out power to thousands of homes on the North Carolina coast on Thursday as it hit the state's Outer Banks. The storm — the first of the 2014 Atlantic season — gained strength to become a Category 2 storm with sustained winds of 100 miles per hour as it began pelting eastern North Carolina with high winds and heavy rain. Arthur delivered the area just a glancing blow, however, before weakening and continuing north over the Atlantic.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.