The Federal Aviation Administration (FAA) has announced plans to reduce flights at certain airports by 10% starting on Friday. The agency, which will release more details on Thursday, cites safety as the main reason for the reduction. Air traffic controllers, who have been working without pay since October 1st, have been warned of potential chaos if they miss a second paycheck. This comes after a weekend of severe staffing issues, the worst since the start of the government shutdown.

If the Supreme Court strikes down President Trump’s tariffs on imports from around the world, he still has other options to continue taxing imports aggressively. These include reusing tariff powers from his first term and implementing others, such as one from the Great Depression. The decision on the tariffs, which Trump says are necessary to protect the United States and prevent it from becoming “defenseless” and “reduced to almost Third World status,” has become a point of contention among both supporters and critics.

At Tesla’s annual meeting in Austin, Texas, shareholders will vote on a pay package for CEO Elon Musk that could potentially make him the world’s first trillionaire. The decision has sparked debate among Musk’s fans and detractors, with even the Pope weighing in. Supporters argue that the pay package is necessary to keep Musk focused on the company, while critics believe it is excessive and that the board is too beholden to Musk. The meeting comes as Musk and his wife Priscilla Chan shift the focus of their philanthropy to the Biohub organization, with the goal of using artificial intelligence and biology to accelerate scientific discovery in order to “cure, prevent, or manage all disease.

In the stock market, the S&P 500 and Dow Jones Industrial Average are both slightly down, while the Nasdaq composite has fallen 0. 2%. DoorDash has seen a decline after announcing plans to increase spending on product development next year, while Rockwell Automation’s results have exceeded analysts’ expectations. In Europe, markets are slightly lower after the Bank of England kept its main interest rate unchanged. Asian markets, on the other hand, have closed higher. In the bond market, Treasury yields have decreased.

As modern cars collect more data than ever, privacy concerns have been raised. The Mozilla Foundation has named cars the worst product category for privacy, as they collect data from interactions, onboard services, and connected devices. This data is often shared with insurers and data brokers, raising concerns for drivers’ privacy. To address this, Privacy4Cars offers a service to check automakers’ data practices and drivers can adjust settings to limit data sharing. When selling a car, a factory reset is recommended to protect personal data.

In the United Kingdom, the Bank of England has kept its main interest rate unchanged at 4%, as inflation remains well above the target of 2%. This decision was expected, but some economists believed there was a chance that rates would be reduced by a quarter of a percentage point.