Latest news with #F-35
CNN
an hour ago
- Business
- CNN
Fed holds interest rates steady
Fed holds interest rates steady The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense pressure from President Donald Trump and his allies to lower borrowing costs. 01:18 - Source: CNN Vertical Top News 16 videos Fed holds interest rates steady The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense pressure from President Donald Trump and his allies to lower borrowing costs. 01:18 - Source: CNN Bombshell admission in helicopter crash investigation NTSB hearings to figure out what caused a deadly mid-air collision on January 29th between an Army helicopter and a commercial flight are underway. CNN's Pete Muntean reports on one of the significant revelations from the hearing. 00:54 - Source: CNN Trump's tariff deadline looms over world economy President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico. 01:26 - Source: CNN Dozens injured on Delta flight Severe turbulence struck a Delta flight from Salt Lake City to Amsterdam Wednesday, causing service carts and unbelted passengers to hit the ceiling and forcing an emergency landing in Minnesota, where 25 people on board were taken to hospitals. 01:01 - Source: CNN Arrest made in Arkansas hiking murders A man has been arrested in connection with the deaths of a married couple attacked and killed while hiking with their two young daughters at a state park in the Ozark Mountains, according to the Arkansas State Police. 00:45 - Source: CNN US diminished a key weapons stockpile fighting Iran The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports. 01:35 - Source: CNN Pilot safe after navy fighter jet crash A US Navy F-35 fighter jet crashed in central California, according to the Navy. The pilot ejected safely, and the cause of the crash is under investigation. 00:41 - Source: CNN Carney says Canada will recognize Palestinian state Canadian Prime Minister Mark Carney has joined France and Britain in announcing plans to recognize a Palestinian state in September at the United Nations, as international pressure builds on Israel over the ongoing war and starvation crisis in Gaza. President Donald Trump reacted to the announcement by threatening to derail trade talks with Canada. 00:30 - Source: CNN Jury finds James Craig guilty of first-degree murder A jury has found Colorado dentist James Craig guilty of all charges in the March 2023 death of his wife Angela, including murder in the first degree. He now faces life in prison without the possibility of parole. 02:38 - Source: CNN How an earthquake causes a tsunami A massive 8.8 magnitude earthquake that struck off Russia's east coast is tied for the sixth strongest ever recorded. Tsunami warnings were issued across the Pacific. CNN Meteorologist Chris Warren explains how an earthquake turns into a tsunami. 01:16 - Source: CNN Police release new images of the gun used in the Midtown Manhattan shooting Photos released by the New York City Police Department show the assault-style rifle 27-year-old Shane Devon Tamura used to fatally shoot four people – including a police officer – and wound one before killing himself in Midtown Manhattan. 00:52 - Source: CNN 8.8 magnitude earthquake has effects across the globe An 8.8 magnitude earthquake in Russia's Far East raised tsunami alerts in Japan, Alaska, Hawaii and along the US West Coast. The tsunami warning for the state of Hawaii has been downgraded to an advisory. Authorities continue to monitor conditions and urge returning residents to remain vigilant. This quake is tied for the sixth strongest ever recorded. 00:39 - Source: CNN Tsunami warnings triggered after major earthquake The strongest earthquake on the planet since 2011 has triggered tsunami warnings for parts of Russia, Japan, and Alaska, as well as all of Hawaii. CNN's Will Ripley reports on the 8.8-magnitude quake. 00:41 - Source: CNN Delta announces generative AI ticketing CNN Business editor-at-large Richard Quest breaks down Delta's announcement that the airline will deploy large-scale, advanced artificial intelligence towards ticket pricing — and what that means for the price of your next flight. 01:31 - Source: CNN Therapist treating Epstein victims says Trump's language 'dehumanizes' CNN's John Berman speaks with Randee Kogan, a therapist for victims of Jeffrey Epstein, about President Donald Trump saying Epstein "stole people that worked for me" and possibly pardoning Epstein accomplice Ghislaine Maxwell. 01:12 - Source: CNN Ghislaine Maxwell's attorneys lay out conditions to be met before she gives testimony to Congress Jeffrey Epstein accomplice Ghislaine Maxwell has offered to testify before Congress, but with major conditions, including immunity. CNN's Kaitlan Collins breaks down the list of demands sent to the House Oversight Committee by her attorneys. 01:20 - Source: CNN
CNN
an hour ago
- Business
- CNN
Key Players in Trump's attacks on the Fed
Key players in Trump's attacks on the Fed President Donald Trump's escalating pressure campaign to force Federal Reserve Chair Jerome Powell to lower rates reached new heights when he toured the Fed's $2.5 billion renovation last week. CNN's Phil Mattingly digs into the key allies aiding Trump's unprecedented power play. 03:21 - Source: CNN Vertical Top News 16 videos Key players in Trump's attacks on the Fed President Donald Trump's escalating pressure campaign to force Federal Reserve Chair Jerome Powell to lower rates reached new heights when he toured the Fed's $2.5 billion renovation last week. CNN's Phil Mattingly digs into the key allies aiding Trump's unprecedented power play. 03:21 - Source: CNN Bombshell admission in helicopter crash investigation NTSB hearings to figure out what caused a deadly mid-air collision on January 29th between an Army helicopter and a commercial flight are underway. CNN's Pete Muntean reports on one of the significant revelations from the hearing. 00:54 - Source: CNN Trump's tariff deadline looms over world economy President Trump's self-imposed midnight deadline is rapidly approaching for countries to strike a trade framework with the United States or face significantly higher tariffs. In a new development today, President Donald Trump announced a 90-day pause on higher tariffs on Mexico. 01:26 - Source: CNN Dozens injured on Delta flight Severe turbulence struck a Delta flight from Salt Lake City to Amsterdam Wednesday, causing service carts and unbelted passengers to hit the ceiling and forcing an emergency landing in Minnesota, where 25 people on board were taken to hospitals. 01:01 - Source: CNN Arrest made in Arkansas hiking murders A man has been arrested in connection with the deaths of a married couple attacked and killed while hiking with their two young daughters at a state park in the Ozark Mountains, according to the Arkansas State Police. 00:45 - Source: CNN US diminished a key weapons stockpile fighting Iran The US used about a quarter of its supply of high-end missile interceptors during the Israel-Iran war, exposing a gap in supplies, and raising concerns about US global security posture. CNN's Tamara Qiblawi reports. 01:35 - Source: CNN Pilot safe after navy fighter jet crash A US Navy F-35 fighter jet crashed in central California, according to the Navy. The pilot ejected safely, and the cause of the crash is under investigation. 00:41 - Source: CNN Carney says Canada will recognize Palestinian state Canadian Prime Minister Mark Carney has joined France and Britain in announcing plans to recognize a Palestinian state in September at the United Nations, as international pressure builds on Israel over the ongoing war and starvation crisis in Gaza. President Donald Trump reacted to the announcement by threatening to derail trade talks with Canada. 00:30 - Source: CNN Jury finds James Craig guilty of first-degree murder A jury has found Colorado dentist James Craig guilty of all charges in the March 2023 death of his wife Angela, including murder in the first degree. He now faces life in prison without the possibility of parole. 02:38 - Source: CNN How an earthquake causes a tsunami A massive 8.8 magnitude earthquake that struck off Russia's east coast is tied for the sixth strongest ever recorded. Tsunami warnings were issued across the Pacific. CNN Meteorologist Chris Warren explains how an earthquake turns into a tsunami. 01:16 - Source: CNN Police release new images of the gun used in the Midtown Manhattan shooting Photos released by the New York City Police Department show the assault-style rifle 27-year-old Shane Devon Tamura used to fatally shoot four people – including a police officer – and wound one before killing himself in Midtown Manhattan. 00:52 - Source: CNN 8.8 magnitude earthquake has effects across the globe An 8.8 magnitude earthquake in Russia's Far East raised tsunami alerts in Japan, Alaska, Hawaii and along the US West Coast. The tsunami warning for the state of Hawaii has been downgraded to an advisory. Authorities continue to monitor conditions and urge returning residents to remain vigilant. This quake is tied for the sixth strongest ever recorded. 00:39 - Source: CNN Tsunami warnings triggered after major earthquake The strongest earthquake on the planet since 2011 has triggered tsunami warnings for parts of Russia, Japan, and Alaska, as well as all of Hawaii. CNN's Will Ripley reports on the 8.8-magnitude quake. 00:41 - Source: CNN Delta announces generative AI ticketing CNN Business editor-at-large Richard Quest breaks down Delta's announcement that the airline will deploy large-scale, advanced artificial intelligence towards ticket pricing — and what that means for the price of your next flight. 01:31 - Source: CNN Therapist treating Epstein victims says Trump's language 'dehumanizes' CNN's John Berman speaks with Randee Kogan, a therapist for victims of Jeffrey Epstein, about President Donald Trump saying Epstein "stole people that worked for me" and possibly pardoning Epstein accomplice Ghislaine Maxwell. 01:12 - Source: CNN Ghislaine Maxwell's attorneys lay out conditions to be met before she gives testimony to Congress Jeffrey Epstein accomplice Ghislaine Maxwell has offered to testify before Congress, but with major conditions, including immunity. CNN's Kaitlan Collins breaks down the list of demands sent to the House Oversight Committee by her attorneys. 01:20 - Source: CNN
USA Today
2 hours ago
- USA Today
Another cutting-edge F-35 fighter jet fell out of the sky. Here's what to know.
Each F-35 costs tens of millions of dollars to build, and the Defense Department had about 620 of them in 2024, according to a government report. The crash of an F-35 stealth fighter jet in California this week joins a list of accidents in recent years that have highlighted controversy surrounding the aircraft. The U.S. Navy said on July 30 that the jet crashed near Naval Air Station Lemoore in central California, and its pilot safely ejected from the aircraft. The cause of the crash was still under investigation and no further details were provided. The crash is one of a dozen such F-35 accidents since 2018, most of which involved U.S.-operated jets, and comes at a time of heightened scrutiny of the entire aviation industry following a series of commercial, military and small aircraft disasters in 2025, said Blake Stringer, director of the Center for Aviation Studies, Mechanical and Aerospace Engineering at The Ohio State University. "That should be an unacceptable number of crashes," Stringer said. "It's an opportunity for experts to analyze data, look for the trends and statistical patterns and determine what recommended course of actions (is) needed to increase the safety." F-35s, stealth fighter jets known for being the military's most expensive weapon system and credited with revolutionizing modern American warfare, are still a relatively new program for the U.S. military, Stringer said. They were created with affordability in mind, so that different branches of the military could all use a standardized airframe with the ability to satisfy the varying requirements of the branches, Stringer said. The affordability piece hasn't exactly panned out. Since 2015 when the jets were deemed mission-ready, growing governmental and civilian concerns about the costs of the F-35 program have clouded their reputation as among the most technically advanced aircraft in the U.S. arsenal. Before becoming president, Donald Trump tweeted in 2016 that the F-35 program's 'cost is out of control." Each F-35 costs tens of millions of dollars to build, and the Defense Department had about 620 of them in 2024, according to a Congressional Budget Office report released in June 2025. "F-35s' operating and support costs exceeded $5 billion in 2023," the report found. Why do the fighter jets keep crashing? The crash this week was not the first in the U.S. in 2025: In January, an F-35plummeted to the ground in Alaska, causing a fiery explosion at an Air Force base that was captured in dramatic video footage. In that crash, officials said the pilot, who safely ejected, experienced an "in-flight malfunction." In May 2024, a pilot in New Mexico was seriously injured after he ejected from an F-35 before the fighter jet crashed near an airfield in Albuquerque. In September 2023, a pilot ejected from an F-35 and parachuted into a backyard in Charleston, South Carolina. The jet flew unmanned for several minutes before it crashed into a field about 60 miles away. Reports of downed F-35s draw national headlines and fresh waves of concern over the aircraft's safety and reliability. While it's still too early to say what caused this week's crash or whether it's part of a pattern, it should prompt a closer look at the data, Stringer said. Safety failures, workplace shortages, infrastructure decay and other factors are impacting military aviation and the commercial industry, he said. Government reports: F-35s are costly, underused The F-35 program cost is estimated to top at least $2 trillion over the coming decades with plans to buy about 1,800 more by the mid-2040s, the U.S. Government Accountability Office said in a report last year. The fleet suffers from shortfalls in availability, the rate at which jets are mission-ready at any given time, government reports including the GAO and the Congressional Budget Office have found. In the last few years, availability has ranged from 50% to 60% of the U.S. fleet, which is under the program's target of 65%, the CBO said. Crashes and any other malfunctions of the costly jets can add to that issue, Stringer said. "It's important to acknowledge, yes, these are costly, but the cost comes with the capabilities that these systems bring," he said. In May 2023, the Government Accountability Office said the jet program was more than a decade behind schedule and $183 billion over original estimates. Costs to maintain the fleet have increased 44%, from $1.1 trillion in 2018 to $1.58 trillion in 2023, the agency said. Contributing: Christopher Cann, USA TODAY; Reuters
Business Insider
4 hours ago
- General
- Business Insider
With a fiery disaster in a California field, the F-35 stealth fighter suffers another major crash
A US Navy F-35 fighter jet crashed in California on Thursday, marking another accident for the stealth fighter jet, the second this year. Naval Air Station Lemoore said in a statement on Wednesday that an F-35C "went down" not far from the central California base at 6:30 p.m. local time. "We can confirm the pilot successfully ejected and is safe. There are no additional affected personnel," it said. The Fresno County Sheriff's Office shared video footage showing a fiery wreck, with a thick plume of black smoke rising from a cotton field just north of the base. Officials said that emergency first responders found the pilot with his parachute in a nearby field. He was taken to a hospital and is expected to be okay, the sheriff's office said in a statement. It's unclear why the aircraft crashed and whether it was a mechanical failure or pilot error. NAS Lemoore did not immediately respond to Business Insider's request for additional information. The sheriff's office said the military is investigating the incident. The F-35C is the Navy's variant of the stealth fighter and is capable of carrier-based takeoffs and landings. The Air Force operates the F-35A variant, which does conventional takeoff and landing, while the Marines fly the F-35B, a short takeoff and vertical landing variant that was built for short runways, amphibious assault ships, and certain carriers. A look at the F-35's crash history This week's crash marks another major accident for the Lockheed Martin -produced F-35 Lightning II Joint Strike Fighter, the US military's second fifth-generation aircraft and the Pentagon's most expensive weapons program. This plane is widely regarded as a cornerstone of US airpower. Over 1,100 F-35s have been delivered to the US and its allies since the first fighter rolled off the factory floor nearly 20 years ago. With hundreds of thousands of flight hours logged, the handful of crashes the jet has seen yields a relatively low incident rate. Nonetheless, the incidents are noteworthy. Here are some of the bigger ones in the jet's history: The first F-35 crash occurred in South Carolina in 2018. The pilot, a Marine flying the B variant, ejected safely after the plane suffered a mechanical issue. In 2019, a Japanese F-35A crashed into the Pacific Ocean after the pilot lost spatial awareness. His remains were recovered later, but the jet was never fully recovered, only some debris. The US saw two F-35 crashes in the next year. An F-35A crashed while landing at Florida's Eglin Air Force Base. The pilot ejected and survived. Pilot fatigue, among other issues, was blamed for the crash. Later in the year, an F-35B crashed after hitting a tanker aircraft during midair refueling. The pilot ejected and was injured. In 2021, a pilot operating a British F-35B off the aircraft carrier HMS Queen Elizabeth was forced to bail out of the cockpit during flight operations in the Mediterranean Sea. The incident was caused by an engine-blanking plug in the intake. Several F-35s crashed the following year in 2022. An F-35C suffered a ramp strike while landing on the aircraft carrier USS Carl Vinson, leaving several sailors hurt. Months later, an F-35A crashed at Utah's Hill Air Force Base. And a few weeks after that, an F-35B crashed at Texas' Reserve Base Fort Worth. In all three cases, the pilots ejected safely. In 2023, an F-35B crashed in South Carolina during a training mishap. The pilot ejected, and the plane continued flying on autopilot. The wreckage was found the following day. In 2024, an F-35B test jet crashed in New Mexico, seriously injuring the pilot. And earlier this year, an F-35A crashed at Alaska's Eielson Air Force base; the pilot ejected, and the plane then fell out of the sky and exploded. The F-35 has faced criticism throughout its development for technological integration issues, rising costs, and readiness and sustainability problems, some of which persist today. Critics in President Donald Trump's orbit, like Tesla and SpaceX CEO Elon Musk or Laura Loomer, have taken swings at the F-35, arguing that it offers less than drones do and that the program has been a real failure for the military. Others, including lawmakers in Congress, have raised concerns over delays with the TR-3 and Block IV upgrades. Air Force officials have cited these concerns in decisions to reduce F-35 buys in budget proposals. The jet, however, offers a range of high-end capabilities beyond those of any other nation's fifth-gen aircraft, and Trump has indicated he is willing to continue supporting the program and upgrades to the plane. The F-35 serves as an advanced airpower capability while work on a new sixth-generation fighter gets underway.
Los Angeles Times
6 hours ago
- General
- Los Angeles Times
Navy F-35 jet crashes outside California air base after pilot safely ejects
A Navy pilot safely ejected from an F-35 jet moments before it crashed into a Fresno County cotton field in a fiery blaze Wednesday evening. The crash occurred about 6:30 p.m., not far from Navy Air Station Lemoore, the U.S. Navy said in a statement. The wreckage of the military jet burned as deputies with the Fresno County Sheriff's Office, paramedics, firefighters and officers with the California Highway Patrol responded to the field near Dickenson and Cadillac Avenues, north of the base. Emergency officials on the ground found the pilot with a parachute in a nearby field, the Fresno County Sheriff's Office announced in a Facebook post. A helicopter transported the pilot to a hospital for evaluation. 'He is expected to be OK,' the Sheriff's Office said. Video footage shared by the Sheriff's Office showed firefighters using a bulldozer to clear a path to the jet so they could drive up to the wreckage and put out the fire. The F-35 jet was attached to Strike Fighter Squadron 125, also known as the 'Rough Raiders,' according to the Navy. The cause of the crash is under investigation.
