White House defends handling of Epstein files
May 2, 2025
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Alaska Airlines grounded its fleet on Sunday due to a software outage that is affecting its operations. The airline said it experienced an IT outage on Sunday evening, which continues to affect its operations.
Associated Press
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- Associated Press
Alaska Airlines grounds all flights after a tech outage
Alaska Airlines grounded all its flights due to an undisclosed technical error affecting its entire system, the carrier announced early Monday. 'We are currently experiencing an IT outage that's impacting our operations. We requested a temporary, system-wide ground stop until the issue is resolved,' the Seattle-based company said in a social media post. It advised customers to check the status of their flights before heading to an airport. The Federal Aviation Administration website indicated a ground stop for Alaska Airlines at all airports beginning shortly before 3 a.m. Monday due to an airline request. A second post on the FAA site indicated a ground stop for all Alaska mainline and Horizon aircraft, referring to an Alaska Airlines subsidiary. The National Transportation Board last month credited the crew of Alaska Airlines flight 1282 with the survival of passengers when a door plug panel flew off the plane shortly after takeoff on Jan. 5, 2024, leaving a hole that sucked objects out of the cabin. In September, Alaska Airlines said it grounded its flights in Seattle briefly due to 'significant disruptions' from an unspecified technology problem that was resolved within hours.
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Long U.S. Treasury Yields Ease; Fed Rate Cut Isn't Imminent
0617 GMT – Long-dated U.S. Treasury yields are little changed in European hours, while there was no cash trading in Tokyo on Japanese holiday. Following last week's CPI print for June, money markets continue to rule out an interest-rate cut by the Federal Reserve in July, according to LSEG. 'I think we could see a rate cut in September, and possibly another reduction in December,' FP Markets' Aaron Hill says in a note. However, 'this all ultimately depends on how the data performs and the impact that tariffs have had,' he says. The two-year Treasury yield is flat at 3.877%, while the 10-year yield is down 1.5 bps at 4.414%, according to Tradeweb. ( 0606 GMT – German Bunds are likely to stabilize further this week, with buyers entering at levels about 2.70% for the 10-year Bund, say Commerzbank Research's Hauke Siemssen and Erik Liem in a note. 'In Bunds, 10-year yields got repeatedly bought above 2.70%, with the steepening mostly driven by the weak ultra-long end,' the rates strategists say. Shaky risk sentiment and subdued purchasing manager indexes are likely to provide support, they say. This would also cap a rise in yields. Flash estimate purchasing managers' data for July for France, Germany and the eurozone are due on Thursday, prior to the European Central Bank's interest-rate decision later that day. The 10-year German Bund yield closed at 2.699% last Friday, according to Tradeweb. (
