At the start of 2023, most economists and Wall Street leaders were convinced that a U.S. recession was imminent. With the Federal Reserve rapidly hiking interest rates to fight inflation, raising borrowing costs for already struggling businesses and consumers nationwide, economic and market forecasts were bleak. Investment banks’ average year-end price target for the S&P […]
After its target launch time pushed back past midnight, a SpaceX Falcon 9 rocketed into low-Earth orbit early Saturday morning amid a moderate risk of upper-level wind shear. The SpaceX Starlink 6-32 mission lifted off from Launch Complex 40 at 12:33 a.m. EST at Cape Canaveral Space Force Station. That represented a 93-minute delay from […]
Chinese launch startup Landspace appears ready to test launching and landing rockets. The company launched its third Zhuque-2 methane-fueled rocket on Dec. 8, successfully sending two satellites into orbit. It also revealed plans following the launch for a large stainless steel Zhuque-3 reusable rocket that it aims to launch for orbit for the first time […]
CAPE CANAVERAL, Fla. (AP) — An international astronaut will join U.S. astronauts on the moon by decade’s end under an agreement announced Wednesday by NASA and the White House. The news came as Vice President Kamala Harris convened a meeting in Washington of the National Space Council, the third such gathering under the Biden administration. […]
ASHEVILLE — A student pilot is recovering from spinal surgery at Mission Hospital after he and another pilot crashed aboard a single-engine plane into Interstate 26 the night of Dec. 14. According to flight logs, the plane took off from Knoxville, Tennessee, at 7:36 p.m. Dec. 14 for its fourth flight of the day. About […]
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden‘s top economic adviser said on Friday that recent data shows the “width of the runway for a soft landing has gotten much bigger” and that immigration had helped the U.S. labor force rebound. Lael Brainard, head of the White House’s National Economic Council, told reporters in […]
Two people are under arrest after a bomb threat forced a plane bound for New England to divert to another airport.. Passengers on board captured the moment one of the people was taken into custody– apologized to everyone on board.. The man and woman were taken into custody in Jacksonville Florida. People on board say […]