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.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.