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American Airlines flight makes emergency landing in NYC due to overflowing bathroom

Talk about a terrible flight. An American Airlines flight bound for Spain was forced to make an emergency stop in New York City on Wednesday after an onboard toilet began overflowing, authorities said. The FAA said the bathroom issue first emerged shortly after the plane took off from Dallas. On Wednesday, a flight from Dallas […]

Goldman Sachs CEO David Solomon predicts Federal reserve won’t make emergency rate cuts

Goldman Sachs CEO David Solomon said the Federal Reserve will not make an emergency interest rate cut before the central bank’s September meeting, despite Monday’s Wall Street sell-off over growing recession risks. “I don’t think we’ll see anything by September.” Solomon said in an interview on Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations.” Goldman Sachs […]

World Health Organization Considers Declaring International Monkeypox Emergency

Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO) Said President Trump said Sunday he may declare a global health emergency due to an outbreak of monkeypox in the Democratic Republic of Congo (DRC) and neighboring African countries. Researcher from the Democratic Republic of Congo Warned In June, a new, faster-spreading and more dangerous […]

There’s No Emergency Rate Cut Coming

Stop trying to get emergency rate cuts done! The combination of a sharp drop in global stock markets on Monday and disappointing employment data on Friday The Federal Reserve is Far Behind Again Interest rates will need to be cut sharply and quickly to avoid a sharp economic downturn. Wharton’s Jeremy Siegel on monday reach […]

Calls grow for emergency interest rate cut by Fed

Federal Reserve Chairman Jerome Powell has been urged to step in and cut interest rates as soon as this week to ease investor fears about a possible recession following last week’s disappointing jobs report and Monday’s big stock market sell-off. The Dow Jones Industrial Average and the Nasdaq both fell more than 1,000 points at […]

Biden approves Florida emergency declaration ahead of Tropical Storm Debby

The White House confirmed Sunday that President Biden has approved an emergency declaration for Florida as Tropical Storm Debby heads toward the state. The White House said the president’s action will free up federal resources and authorize the Department of Homeland Security and the Federal Emergency Management Agency to coordinate all disaster relief efforts. Debby […]