Author: usaeverydaylife

SpaceX’s mega rocket Starship lifts off for a test flight from Starbase in Boca Chica, Texas, Thursday, March 6, 2025.Eric Gay | APThe Federal Aviation Administration briefly halted flights to several Florida airports on Thursday night after a SpaceX Starship testing failure.The incident marks the second time this year that SpaceX experienced a mishap during a flight test of Starship resulting in debris raining down and commercial flights disrupted.Affected airports included Miami International Airport, which is an American Airlines hub, and airports serving Fort Lauderdale, West Palm Beach, and Orlando, Florida.The regulator said, in a statement on Thursday, it is…

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AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC.Jabin Botsford | The Washington Post | Getty ImagesPresident Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve, marking a major shift in U.S. digital asset policy.White House Crypto and AI Czar David Sacks, a Silicon Valley venture capitalist, wrote in a post on X that the reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases, ensuring that taxpayers bear…

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New Zealand on Thursday recalled its top diplomat in Britain after he made comments questioning President Trump’s understanding of history at a public event, in a sign of the unease and sensitivities around expressing disagreements with the Trump administration.Phil Goff, New Zealand’s high commissioner to Britain — the equivalent of an ambassador between Commonwealth countries — made the comments in London on Tuesday at an event about the war in Ukraine and peace in Europe.Mr. Goff spoke up with a question after a speech by Finland’s foreign minister, Elina Valtonen, at the Chatham House think tank, in which she spoke…

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Retail traders don’t know what to do right now. JPMorgan strategists pointed out that the cohort was a net buyer of stocks to the tune of $1 billion on Monday. The S & P 500 dropped more than 1% that day, as global trade tensions ramped up. This buy-the-dip reaction has been the norm over the past year, as retail traders used pullbacks as opportunities to scoop up shares at a discount while broader market momentum showed no signs of slowing. “There’s still this … fear of missing out,” Steve Sosnick, chief strategist at Interactive Brokers, told CNBC earlier this…

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People walk past digital billboards at the Moynihan Train Hall displaying a new initiative from New York Governor Kathy Hochul titled ‘New York Wants You’, a program designed to recruit and employ displaced federal workers across New York State, in New York, U.S., March 3, 2025. David Dee Delgado | ReutersMixed signals lately from the labor market are adding to angst for investors already on a knife’s edge over the potential threat that tariffs pose to inflation and economic growth.Depending on the perspective, employers either are cutting workers at the highest rate in years or skating by with current staffing levels.What…

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The Super Heavy booster returns to its launch pad after the SpaceX Starship spacecraft continued to space following its launch on its eighth test at the company’s Boca Chica launch pad in Brownsville, Texas, U.S., March 6, 2025. Joe Skipper | ReutersSpaceX lost contact with its Starship rocket in space on Thursday during the company’s eighth test mission, dooming a satellite deployment demonstration in the company’s second consecutive Starship failure this year.The 403-foot(1223-meter)-tall rocket system lifted off at around 6:30 p.m. ET (2300 GMT) from SpaceX’s sprawling Boca Chica, Texas, rocket facilities, with its Super Heavy first stage booster returning back…

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Baird is moving to the sidelines on Tesla . While the firm is holding on to its outperform rating, it labeled the electric vehicle stock a “bearish fresh pick” on Thursday, predicting risk for the shares through its first-quarter delivery report. So far this year, Telsa has been underperforming the broader market. Analyst Ben Kallo lowered his price target to $370 per share from $440. That is about 33% above Wednesday’s $279.10 close, which means Baird’s new target assumes the stock will be able to recoup its year-to-date losses. TSLA YTD mountain Tesla stock. Kallo said the Model Y refresh…

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