Despite Doubts, Falcon Heavy Has a Successful Launch
SpaceX has officially launched the Falcon Heavy. This is the world's most powerful rocket and the launch captivated many around the world.
John Timmer is a Science Writer for Ars Technica. He joins Cheddar to discuss how monumental this launch was for SpaceX.
Not only did the rocket take off despite delays and doubt from experts, the launch was executed very closely to the plan. The two side boosters successfully separated from the main-stage rocket and now "Starman" and his Tesla are orbiting around in space.
Depositors withdrew savings, and investors broadly sold off bank shares as the federal government raced to reassure Americans that the banking system is secure following two bank failures.
Pfizer has entered a $43 billion merger agreement with biotechnology firm Seagen in a deal designed to bolster the pharmaceutical giant's efforts to fight cancer
The second-largest stablecoin — a cryptocurrency that is pegged to a fiat currency — USCD depegged from the dollar, hitting an all-time low of around 88 cents over the weekend.
The Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation said all depositors at the failed Silicon Valley Bank could access all their money quickly, even as another major bank was shut down.
The Treasury Secretary, who emphasized that the situation was much different from the financial crisis almost 15 years ago, said the government would help depositors who are concerned about their money.
