>>FOMC To Announce Decision On Interest Rates
(Washington, DC) -- The Fed is due to deliver its decision on interest rates. The Federal Reserve's two-day policy meeting wraps up today with a highly-anticipated announcement, followed by a press conference from Fed chair Jerome Powell. The Fed is widely expected to leave rates unchanged.
>>Former President Trump Complains On Truth Social About Bond
(New York, NY) -- Former President Trump says he'll need to take extreme measures to pay his 464-million-dollar bond in his New York civil fraud case. That includes selling some of his properties quickly for cheap "fire sale" prices. Trump took aim at Judge Arthur Engoron, who ruled against him in the case. In a Truth Social post, Trump complained that Engoron "actually wants me to put up Hundreds of millions of dollars for the Right to Appeal his ridiculous decision."
>>FAA Chief Speaks On Boeing Concerns
(Washington, DC) -- The head of the FAA says Boeing must shift its focus to improving safety standards. In an interview with NBC News, FAA Administrator Michael Whitaker said Boeing's safety protocols are not what would be expected "if safety is the first priority." His comments come after a FAA audit of Boeing found the plane maker to be more focused on mass production rather than safety standards. The audit took place after the door plug on a Boeing 737-Max 9 airplane operated by Alaska Airlines blew out while in the air. A number of other incidents involving Boeing aircraft have happened in recent weeks, including a tire falling off after takeoff.
>>Safety Regulators Investigating Ford Crash Involving Driver Assistance Features
(Washington, DC) -- Federal safety regulators are investigating a recent fatal Ford Mustang Mach-E crash in Texas. Authorities believe the car was using an advanced driver assistance system. The National Highway Traffic Safety Administration has opened dozens of Tesla special crash investigations since 2016 in which systems like Autopilot are suspected of being used and this is its first probe that involves a Ford advanced system. While automakers suggest these features help reduce accidents, safety regulators worry that over-reliance on them could cause accidents.
>>JetBlue Cutting Five Cities
(Long Island, NY) -- JetBlue Airways is cutting back on the number of flights it offers to travelers. On Tuesday, the company announced it will be eliminating several unprofitable routes on both domestic and international flights. The airline will also completely leave Kansas City, Missouri and Newburgh, New York. JetBlue cited limited aircraft and "the need to improve financial performance" as reasons for the flight limitations. In total, 16 routes will be cut starting in June, mostly out of Fort Lauderdale and Los Angeles.
