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According to CNN, U.S. Homeland Security Secretary Mark Wayne Mullin warned that officials have not yet set a timetable for resolving the nationwide flight grounding in the United States. Mullin stated, "This will take some time, so it won't be resol

2026-11-14

According to CNN, U.S. Homeland Security Secretary Mark Wayne Mullin warned that officials have not yet set a timetable for resolving the nationwide flight grounding in the United States. Mullin stated, "This will take some time, so it won't be resolved and things will return to normal within an hour."

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2026-11-14

According to NBC News, when asked by a reporter whether Americans should believe the current air traffic problems won't happen again, U.S. Transportation Secretary Duffy stated, "We'll have to wait until we get $30 billion for system modernization."

According to NBC News, when asked by a reporter whether Americans should believe the current air traffic problems won't happen again, U.S. Transportation Secretary Duffy stated, "We'll have to wait until we get $30 billion for system modernization." Previously, Duffy had indicated that the air traffic system needed $50 billion from Congress for repairs.
2026-11-14

Fed Vice Chair Philip Jefferson said inflation will be the key metric in deciding whether to raise rates further, noting October price data remain well above the Fed’s target. He said economic activity and the labor market are still robust but price

Fed Vice Chair Philip Jefferson said inflation will be the key metric in deciding whether to raise rates further, noting October price data remain well above the Fed’s target. He said economic activity and the labor market are still robust but price pressures persist, and that inflation’s trajectory will provide the primary signal for appropriate policy. Jefferson urged policymakers to monitor incoming data to decide if further policy adjustments are needed. His remarks capped a week of Fed speeches that reinforced market expectations of a December rate hike; some officials urged faster tightening, with Governor Waller warning a 50bp move may be needed next month, while Philadelphia Fed president Paulson continued to advocate a gradual hiking approach.
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