Hold off on filing taxes — there are two breaks that could be introduced before Tax Day

Hold off on filing taxes — there are two breaks that could be introduced before Tax Day

Taxpayers may want to delay filing their returns closer to the April 15 deadline as Congress negotiates a $100 billion bill that could offer breaks to both parents and businesses, experts said. The bipartisan group, led by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and House Ways and Means Committee Chairman Jason Smith (R-Mo.), is wrangling over restoring some…

Boeing issues 737 Max 9 inspection instructions, a key step toward resuming flights

Boeing issues 737 Max 9 inspection instructions, a key step toward resuming flights

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 (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing has given airlines instructions on…

Mortgage rate decline pulls buyers back into the housing market

Mortgage rate decline pulls buyers back into the housing market

A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…

Pharrell Williams has trouble parallel parking Tesla Cybertruck, so he has valet do it

Pharrell Williams has trouble parallel parking Tesla Cybertruck, so he has valet do it

Pharrell Williams rolled up to a Louis Vuitton store in Miami in a Tesla Cybertruck, but the “Happy” singer was left with a frown after failing to parallel park the futuristic-looking electric vehicle. The award-winning producer attempted to squeeze the unwieldy, 18.5-foot-long stainless steel SUV between two cars for about 10 minutes between finally tossing…

Bill Ackman claims he has ‘good reason to believe’ MIT behind plagiarism allegations against his wife

Bill Ackman claims he has ‘good reason to believe’ MIT behind plagiarism allegations against his wife

Bill Ackman says he has “good reason to believe” plagiarism allegations against his wife, former tenured Massachusetts Institute of Technology professor Neri Oxman, came from an inside source at the esteemed university. Business Insider expanded its investigation into Oxman’s 2010 MIT doctoral dissertation on Friday, finding that aside from the four paragraphs of improperly-cited information…

WFAN parent Audacy files for bankruptcy as advertising plummets

WFAN parent Audacy files for bankruptcy as advertising plummets

WFAN parent Audacy has filed for bankruptcy protection amid a slump in advertising revenue.  The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the US Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders….

ULA’s Vulcan rocket launches as the newest challenger to SpaceX

ULA’s Vulcan rocket launches as the newest challenger to SpaceX

The brand new rocket, United Launch Alliance’s Vulcan Centaur, lifts off from Space Launch Complex 41d at Cape Canaveral Space Force Station in Cape Canaveral, Florida, on Jan. 8, 2024, for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander. Chandan Khanna | AFP | Getty Images A new U.S. rocket reached orbit early Monday, and…

Boeing loses $13B in value as shares sink after feds ground best-selling 737 MAX jets

Boeing loses $13B in value as shares sink after feds ground best-selling 737 MAX jets

Boeing shares fell 8% on Monday and erased nearly $13 billion in market value following the temporary grounding of some of its best-selling 737 MAX jets by the US aviation regulator. A piece of fuselage tore off an Alaska Airlines 737 MAX 9 jet on Friday following takeoff from Portland, Ore., forcing pilots to turn back. The Federal…

Joe Biden will drop out of 2024 presidential race, top JPMorgan strategist predicts

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 Fliers Need to Know About the Grounding of Some 737 MAX Flights

What Fliers Need to Know About the Grounding of Some 737 MAX Flights

Updated Jan. 8, 2024 11:17 am ET Travelers on Monday faced heavy flight cancellations by United and Alaska airlines, one of several ripple effects from the weekend grounding of the Boeing 737 MAX 9. United Airlines canceled more than 220 flights, or 8% of flights, Monday, according to flight tracker FlightAware. Alaska Airlines canceled about…