Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

The NTSB's hearings on the January crash between a Black Hawk helicopter and an American Airlines plane near Washington, D.C., revealed that incorrect altitude readings and inadequate air traffic control contributed to the disaster, which resulted in 67 fatalities. Despite longstanding warnings about helicopter traffic hazards, the FAA failed to implement necessary route changes, leading to increased safety concerns. Want More Context? 🔎

Donald Trump's return to the White House has significantly impacted global trade, introducing high tariffs on various goods, which has led to increased US tariff revenues but also widened the trade deficit. While some countries have negotiated trade agreements to counteract these tariffs, the US has seen a decline in imports from China, with Chinese exports to alternative markets rising. Want More Context? 🔎

US authorities have issued a warning for consumers of Celsius energy drinks after some cans of the Astro Vibe Blue Razz edition were mistakenly filled with vodka due to a packaging error. The USFDA advises consumers to dispose of affected cans from specific lot codes and mentions that no illnesses have been reported; High Noon is also recalling related products. Want More Context? 🔎

A New Mexico judge has dismissed Alec Baldwin's lawsuit for malicious prosecution and civil rights violations related to the 2021 fatal shooting of cinematographer Halyna Hutchins on the set of "Rust," allowing Baldwin's attorneys to seek reinstatement within 30 days. Baldwin, previously cleared of involuntary manslaughter charges, faces ongoing civil suits from Hutchins' family while asserting that prosecutors targeted him for personal gain. Want More Context? 🔎

Shane Tamura opened fire in a Midtown Manhattan office building, targeting the NFL headquarters, killing four people and injuring a fifth before dying by suicide. His notes revealed accusations against the NFL regarding CTE risks and an apology to his parents; he had no known ties to the league but had previously played high school football. Want More Context? 🔎

James Andrew McGann, 28, was arrested by Arkansas State Police for the capital murder of Clinton and Cristen Brink, who were killed while hiking with their two daughters at Devil's Den State Park. The couple's family stated they died heroes, protecting their children, while police continue to investigate the motive behind the attack. Want More Context? 🔎