In this photo released by the National Transportation Safety Board, investigator-in-charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 in Portland, Oregon, on Jan. 7, 2024. National Transportation Safety Board via AP Boeing CEO Dave Calhoun on Tuesday said the company acknowledges “our mistake,” after a […]
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SEC says it did not yet approve bitcoin ETF, X account was compromised
Omar Marques | Lightrocket | Getty Images The U.S. Securities and Exchange Commission said Tuesday afternoon that an announcement about bitcoin exchange-traded funds on social media was incorrect. “The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its […]
Honda teases new EVs with futuristic ‘Space-Hub’ and ‘Saloon’ concept cars
Honda Saloon concept electric vehicle Courtesy Honda Honda Motor revealed two concept cars Tuesday at the CES tech conference as a preview for a new lineup of electrified vehicles that will begin arriving in North America in 2026. The concept models are called the “Space-Hub” and “Saloon,” which the first […]
Defense Secretary Lloyd Austin treated for prostate cancer, severe infection: Pentagon
U.S. Defense Secretary Lloyd Austin speaks during a meeting with Australian Defense Minister Richard Marles and British Defense Secretary Ben Wallace at the Pentagon in Washington, U.S., December 7, 2022. Kevin Lamarque | Reuters Defense Secretary Lloyd Austin has been hospitalized since Jan. 1 for complications following surgery to treat […]
Boeing to revise 737 Max 9 inspection instructions as planes remain grounded, FAA says
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during […]
NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for […]
Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
A “For Sale” sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to […]
We’re sitting on some cash and ready to put it to work if something spooks the market
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Here’s today’s edition. Losing steam : The market tried to climb into positive territory — but for the most part, the rally lost steam as […]
NFL offers buyouts to more than 200 employees
Nick Laham | Getty Images The National Football League offered voluntary buyouts to at least 200 employees as it gears up for start of the playoffs this coming weekend, according to a memo obtained by CNBC. The NFL, which has about 1,100 employees, told staff that it is “continuously evaluating […]
Deflation vs. disinflation: One is ‘the more ideal outcome,’ economist says
A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | Getty Images Inflation is retreating from its pandemic-era highs. Economic jargon yields two similar terms — “deflation” and “disinflation” — that might describe this pullback. So, which is the U.S. […]