How 5G Technology Could Lead to Increased Flight Delays
One in five planes for U.S. flights has not been updated to prevent 5G signals from interfering with the plane's altimeter, which pilots need for landings in bad weather. Starting July 1, when wireless companies are allowed to switch on 5G towers near airports, unequipped planes will not be allowed to land in bad weather, forcing reroutes that could become another source of flight delays.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
