If you started to use it on that day, your free 30-day free trial is almost finished, and you'll automatically be billed $9.99 on Thursday to continue using it for another month. It's easy to cancel if you don't want to continue.
Apple News+ is great for people who read a lot of magazines and newspapers and who might otherwise have paid much more per month for individual subscriptions. Access to The Wall Street Journal, The New Yorker, Vanity Fair and other magazines makes it more than worth the cost to me.
But it isn't for everyone, especially folks who don't want magazine subscriptions or who don't want to be restricted to reading stories within the app.
So, if you want to cancel it, here's what to do:
You'll immediately lose access to Apple News+ when you cancel it, but you can always subscribe again.
You'll still be able to access all of the free content in Apple News, but you will lose access to hundreds of magazines and premium access to stories from The Wall Street Journal and the Los Angeles Times.
Just remember to do this before Thursday if you don't want to be billed $9.99 per month.