Southwest Airlines faced yet another safety incident when an engine cowling fell off one of its Boeing 737-800 planes during takeoff from Denver International Airport. The Federal Aviation Administration (FAA) reported that the flight en route to Houston’s William P. Hobby Airport had to return to Denver due to the mishap. Fortunately, the passengers were
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Federal Reserve Governor Michelle Bowman recently made a statement that deviates from the expectations of the market and her fellow officials. While most officials had indicated the likelihood of rate cuts to control inflation, Bowman suggested that interest rates may need to move higher instead. This shift in perspective raises questions about the Federal Reserve’s
The recent record-breaking rally in cocoa and coffee prices has caught the attention of analysts and investors alike. With adverse weather conditions and demand expectations driving the surge, there is a lot of speculation around whether this rally has further room to run. In New York, benchmark ICE cocoa futures traded slightly lower at $9,370
On Monday, Iowa’s victory against LSU in the Elite Eight set a new record in women’s college basketball history, drawing 12.3 million viewers. This milestone surpassed the previous record of 9.9 million viewers from the NCAA championship game between the same two programs last season. According to ESPN, this game had the highest viewership for
As investors bask in the success of a strong first quarter, it may be time to prepare for a bumpy ride ahead. CFRA’s Sam Stovall warns that the impressive start to the year for stocks, particularly the S & P 500, could be a prelude to a challenging year. While the first quarter saw significant
The recent release of the Bureau of Economic Analysis’ personal consumption expenditures reading for February has prompted investors to closely monitor the movement of Treasury yields. The 10-year U.S. Treasury yield saw a slight increase, trading at around 4.208% at 6:34 a.m. ET. In contrast, the 2-year yield experienced a marginal decrease, standing at 4.599%.
The former President of the United States, Donald Trump, recently shared a disturbing video on social media that depicted President Joe Biden bound and restrained in the back of a pickup truck. This 20-second video, posted by Trump from Long Island, New York, shows a truck adorned with “Trump 2024” branding and a graphic image
President Joe Biden hosted a star-studded fundraiser at Radio City Music Hall, which was attended by supporters and interrupted several times by protesters. Former Presidents Barack Obama and Bill Clinton participated in the event, along with numerous celebrities like Queen Latifah, Lizzo, and Ben Platt. The fundraiser raised over $26 million for Biden’s campaign and
Former Sen. Joseph I. Lieberman passed away at the age of 82 in New York following complications from a fall. His family described him as a man whose love for God, family, and America was evident throughout his life of public service. Lieberman’s dedication to the public interest was acknowledged by his family and loved
In recent times, Boeing has faced a multitude of challenges, including mid-flight technical failures, manufacturing controversies, and a general crisis of confidence in its brand. Tim Clark, the president of Emirates Airline, believes that the key to pulling Boeing out of its current crisis lies in placing engineers at the helm of the company. This