On Wednesday evening, the sky was clear. According to officials, American Eagle Flight 5342 was making a normal descent to the runway in the crowded airspace over the nation's capital while the pilots were communicating with air traffic control. Nevertheless, in the first significant deadly commercial airline disaster to occur in the United States in sixteen years, the passenger jet and an Army helicopter collided in midair, exploded in flames, and plunged into the Potomac River. In what is anticipated to be a protracted procedure, federal investigators are currently looking for answers. According to aviation experts, a variety of technological and human-driven factors, such as the proper operation of multiple systems intended to prevent collisions, may have contributed to the fatal accide...

After a Wednesday night airborne collision above Washington, D.C., left 67 people dead, investigators are looking for answers. A tiny passenger plane on its last approach to Reagan Washington National Airport, just south of the city, collided with an Army helicopter at approximately 8:48 p.m. For live coverage, follow along. What we currently know about the crash is depicted in the visuals below. When new information becomes available, they will be updated. A U.S. Army Black Hawk helicopter with three personnel on board and American Eagle Flight 5342, a small aircraft with 60 passengers and four crew members, collided. Defense Secretary Pete Hegseth stated on Thursday that the helicopter was conducting an annual competency training flight when it crashed. According to data from the U.S. Ar...

Washington Kash Patel, Tulsi Gabbard, and Robert F. Kennedy, Jr. all flocked to Capitol Hill on Thursday for confirmation hearings, marking a pivotal day for President Donald Trump's candidates. The contenders for the positions of director of national intelligence, secretary of health and human services, and director of the Federal Bureau of Investigation have all caused controversy for the same reason: they have all made scathing attacks on the organizations they have been selected to head. Trump is trying to find out where the Republican-controlled Senate will draw the line between institutionalism and disruption. Kennedy, Gabbard, and Patel all attempted to explain or minimize previous positions or statements that have caused them to upset senators who will determine their confirmatio...

Their plane struck an Army helicopter over the Potomac River only minutes before they were scheduled to land at Ronald Reagan National Airport, which is close to Washington, D.C. The deaths of the three troops on the Black Hawk chopper and all 60 passengers and four crew members on American Eagle Flight 5342 were sealed in a horrific moment that was caught on camera and broadcast around the globe. I don't think we will locate any survivors at this time. Following a desperate but fruitless search for survivors of the Wednesday night collision, Fire Chief John Donnelly declared Thursday that Washington, D.C. Stay tuned for real-time updates. The passengers on the fateful plane included over a dozen individuals returning from a training camp after the trip originated in Wichita, Kansas, the ...

After a Wednesday night airborne collision above Washington, D.C., left 67 people dead, investigators are looking for answers. A tiny passenger plane on its last approach to Reagan Washington National Airport, just south of the city, collided with an Army helicopter at approximately 8:48 p.m. For live coverage, follow along. What we currently know about the crash is depicted in the visuals below. When new information becomes available, they will be updated. A U.S. Army Black Hawk helicopter with three personnel on board and American Eagle Flight 5342, a small aircraft with 60 passengers and four crew members, collided. Defense Secretary Pete Hegseth stated on Thursday that the helicopter was conducting an annual competency training flight when it crashed. According to data from the U.S. Ar...

This live blog's coverage has over. Check out the most recent news here. What we know American Eagle Flight 5342 from Wichita, Kansas, carrying 60 passengers and four crew members, collided midair with an Army helicopter , carrying three people, near Reagan Washington National Airport last night. The two aircraft crashed into the Potomac River, where a rescue operation has become a major recovery effort, with dozens of bodies pulled from the frigid waters so far. President Donald Trump said today there are no survivors. Trump and his cabinet members also used the White House press briefing on the crash as an opportunity to attack DEI initiatives . A preliminary FAA report on the crash says that staffing at the Reagan Washington National Airport a...

The sports bar company Twin Peaks, which is the first restaurant IPO of the year and could serve as a litmus test for others wishing to go public, begins trading on the Nasdaq on Thursday under the symbol TWNP. For a number of years, the IPO market has been slow, especially for consumer companies. Many businesses were deterred from going public by rising interest rates, rising inflation, wary consumers, and the possibility of decreased valuations. Due to market conditions, several businesses decided not to try their luck on the public markets but instead to look for a sale. Even exceptional successes like the Cava sIPO failed to persuade others to follow in its footsteps. However, many people are hoping that this year would see a thaw in the IPO market. According to Nick Einhorn, vice pres...

Many investors should find comfort in the following backdrop: a robust bull market, pro-business policies pledged by the Trump administration, and a Federal Reserve on the verge of executing a soft landing. The greatest personalities on Wall Street, though, don't seem too optimistic about the coming year. This week, hedge-fund tycoons and industry experts gathered in Miami for an alternative investments conference, and they all expressed caution about high market prices and the possible drawbacks of President Donald Trump's protectionist policies. Steve Cohen of Point72 stated that he thinks a crackdown on immigration and tariffs will increase inflationary pressures and reduce consumer spending. As a result, the owner of the Mets and head of the family office anticipates a rough market ove...

According to the National Association of Realtors, signed contracts on existing properties plummeted 5% from the previous year and a steep 5.5% from the previous month in December. The index was at its lowest point since August, and the decline came after four months of advances. These so-called pending sales are the most recent sign of market activity and a predictor of future closings. The sharp increase in mortgage interest rates that December shoppers had to deal with might have reduced demand. The 30-year fixed mortgage's average rate increased from 6.68% on December 6 to 7.14% on December 19. The 7% threshold seems to be an emotional barrier for buyers, notwithstanding realtors' claims that buyers were adjusting to the new normal of higher interest rates. The U.S. Census reports that...

United Parcel Service's stock fell more than 15% on Thursday after the firm said that it would reduce deliveries to Amazon, its biggest client, by more than half and provided poor revenue outlook for the year. In its fourth-quarter financial report, the shipping behemoth stated that it and its biggest client had struck a preliminary agreement to reduce tonnage by more than 50% by the second half of 2026. UPS also said that it is reorganizing its U.S. network and initiating multi-year efficiency projects, which it estimates would save around $1 billion. During a call with investors, UPS CEO Carol Tome stated that although Amazon is the company's biggest client, it is not its most lucrative one. She went on to say that its margin is highly dilutive to domestic business in the United States....