US budget: Spending deal reached as shutdown deadline looms
President Biden says the agreement “clears the way” for Congress to avoid a government shutdown.
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Joe Biden will drop out of 2024 presidential race, top JPMorgan strategist predicts
President Biden will not run for re-election during a tumultuous year that will see parts of the country suffer rolling blackouts, the release of an inhaled COVID vaccine and a boycott over driverless cars, a top JPMorgan Chase strategist predicted. Michael Cembalest, who heads the market and investment strategy unit in the Wall Street bank’s…
What travelers need to know about the Boeing 737 Max 9 grounding
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board in Portland, Oregon, on Jan. 7, 2024. Ntsb | Via Reuters Airlines have canceled hundreds of flights since…
Peloton shares surge 15% as it partners with TikTok to offer short-form fitness classes, other content
Peloton has launched a partnership with TikTok. Courtesy of: Peloton Peloton launched a partnership with TikTok on Thursday as part of its strategy to change its public perception and attract a broader array of customers as sales and profits fall. The partnership will create a new fitness hub on the social media platform dubbed “#TikTokFitness…
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FAA probes potential flaws in Boeing’s manufacturing process
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration said Thursday it is launching an investigation into whether aerospace giant Boeing followed rules to ensure that the aircraft it built were safe for operation. “Boeing may have failed to ensure its completed products conformed to its approved design and were…
Mortgages: Barclays and Santander cut rates as competition intensifies
The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. Doing nothing would leave people on a variable rate, which is very expensive – with an average rate of more than 8%.
