Flight deck audio reveals details on ex-Alaska Airlines pilot who tried to shut plane's engines off mid-flight

Joseph Emerson pleaded guilty to a federal charge of interfering with a flight crew and pleaded no contest to state charges ...
Reuters

What Fed cut? US repo rates still high as liquidity tightens into year-end

NEW YORK, Nov 19 (Reuters) - The cost of U.S. overnight funding in the repo market has stayed stubbornly high and is expected to remain elevated going into year-end despite recent Federal Reserve ...

Cockpit audio released after former Alaska Airlines pilot tried to cut engines during flight

Cockpit audio has been released after a now-former Alaska Airlines pilot tried to shut off the engine on a passenger flight ...
Wall Street Journal

South African Reserve Bank Lowers Main Repo Rate to 6.75%

JOHANNESBURG—The South African Reserve Bank cut its main repo rate to 6.75% on Thursday, on the back of expectations for inflation to tick lower amid higher growth. The decision restarts a cutting ...

Cockpit audio reveals chaos as off-duty Alaska Airlines pilot tried to shut off engines

Case files obtained by KGW capture the struggle in the cockpit and the moments leading to Joseph Emerson’s arrest.

Cockpit audio released in Alaska Airlines in-flight emergency involving off-duty pilot

New audio reveals the moment a jump-seat pilot tried to shut down a plane’s engines before the crew forced an emergency ...
Wall Street Journal

The Fed’s Tool for Calming Short-Term Funding Markets Is Being Tested

The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets. Banks have made more use of the tool, ...

Wild new cockpit audio reveals moment Alaska Airlines pilot tried to crash plane mid-flight: 'Just tried to shut our engines off'

Chilling cockpit audio and dashcam footage sheds new light on the moments former Alaska Airlines pilot Joseph Emerson ...
Bloomberg L.P.

Dealers Rebuff NY Fed as It Urges Use of Facility to Ease Strain

Bond traders have pushed back against Federal Reserve officials urging them to use a key borrowing facility, complicating the central bank’s efforts to ease strains in the $12 trillion market for ...