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Month: February 2024

Intuitive Machines finally releases moon landing shots as mission nears conclusion

Intuitive Machines finally releases moon landing shots as mission nears conclusion

Nearly six days after making history by becoming the first commercial company to successfully land on the moon, Intuitive Machines released the first images of its lander on the surface.

The images show the moments during touchdown of the Houston-based company’s Nova-C lander Odysseus — nicknamed “Odie” — as it skidded across a crater near the moon’s south pole, and its final resting spot not in an upright position, but not entirely on its side either.

“Here we are. Our Odie conducted the brilliant six day mission on the surface,” said company CEO Steve Altemus during a press conference with NASA officials. “You see that we were tilted over slightly, still more upright than we initially thought. We did land upright, we captured data, and then we tilted over slowly.”

The image taken Feb. 27 several days after landing by the lander’s narrow-field-of-view camera was the first successful shot of it on the surface post-landing after previous images had unusable data, and helped illustrate the angle to which it finally came to rest. read more

The best time for high CD rates might be right now

The best time for high CD rates might be right now

By Spencer Tierney | NerdWallet

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

Competitive rates on certificates of deposit have started to dip this year. If that trend continues, you might have a savings decision to make: Should you lock in CD rates now or wait?

Yields on savings accounts and CDs are some of the highest in more than a decade — above 5% at best, as of mid-February — but there are signs that these rates may not last. CDs are federally insured like savings accounts are, but their rates are fixed for the term you choose, generally from three months to five years.

Getting a CD with a yield multiple percentage points higher than the national average might be a boost for some of your savings.

CD rates: Their rise — and slow fall?

Since March 2022, the Federal Reserve raised its benchmark interest rate 11 times to curb inflation. Banks and credit unions generally take their cue to follow the direction of Fed rate changes. As a result, the highest CD rates soared from below 1% in January 2022 to their current heights of above 4% or 5% depending on term length. In contrast, CDs’ national average rates have remained below 2%. read more

Port Canaveral plots timeline to take over marina for new cruise terminal

Port Canaveral plots timeline to take over marina for new cruise terminal

Port Canaveral has six active cruise terminals generating record revenue but plans to build out a seventh mean a tight timeline to find a new home for a popular marina after officials finally identified a target replacement home.

What officials are referring to as the future Cruise Terminal 4 would be built on the south side of the port where Bluepoints Marina currently resides, an 11-acre space that would allow for 1,400 feet of waterfront that could accommodate large cruise ships and parking.

“This is a significant project at that end of the port so there’s a lot of work to do, and we’ve been doing it behind the scenes,” said Port Canaveral CEO Capt. John Murray at the at the port authority commission meeting Wednesday.

Murray said it wants to shift Bluepoints customers to the 15-acre Cape Marina property also on the port’s south side but farther west.

“That’s where you see all the boats that are up on blocks with the blue tarps under them,” Murray said. “We’ve advised them that we’re not going to renew their lease.” read more