Latest in U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
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Striking Boeing workers reject latest contract offer, work stoppage continues
Over 30,000 Boeing workers will remain on the picket line after voting no on the company's latest contract offer, extending their strike to 42 days. CBS News senior transportation correspondent ...Top stories - CBS News - October 24 -
Boeing workers vote to reject company offer, continuing the strike
Striking Boeing workers voted to reject the company's latest contract proposal, in a major setback for Boeing that could also have implications on the U.S. economy. The rejected deal called for a ...Top stories - CBS News - October 24 -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - October 25 -
As Boeing Strike Drags On, Suppliers Worry and White House Weighs In
The Biden administration encouraged striking union workers and company management to keep working to reach a deal.Business - Inc. - October 25 -
Boeing to raise up to $19bn amid costly strike and safety crisis
US manufacturer, which recently disclosed plan to cut 17,000 jobs, seeks to shore up balance sheet. Business live – latest updates Boeing has announced moves to raise as much as $19bn ...World - The Guardian - 4 days ago -
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Business - The New York Times - 3 days ago -
Boeing union backs sweetened contract offer that could end strike, sets vote for Monday
The unionized machinists walked off the job on Sept. 13, halting most of Boeing's aircraft production.Business - CNBC - 48 minutes ago -
Boeing Reaches New Deal With Union in Hopes of Ending Strike
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.Business - The New York Times - 19 hours ago -
Boeing raises pay offer in bid to end seven-week strike
The union representing more than 30,000 striking workers endorsed the offer and will hold a ballot on Monday.Top stories - BBC News - 18 hours ago -
How Ending Boeing’s Strike Might Benefit Harris—and Hard-Hit Suppliers
The strikers’ union has urged members to accept Boeing’s new contract proposal. That would be great news for idled suppliers—and may give Kamala Harris’s presidential bid a boost in swing states.Business - Inc. - 3 hours ago -
Boeing’s bonds are offering juicy yields as hopes build for end to machinists strike
Boeing’s stock rose Friday on hopes for an end to a costly strike as members of its machinists union geared up for a third contract vote on Monday, but its bonds were also looking attractive.Business - MarketWatch - 2 hours ago -
Argentina’s economy minister strikes defiant note on default risk
Despite $14bn due next year, Luis Caputo insists the government will be able to foot the bill, with fiscal surplus forecastWorld - Financial Times - October 23 -
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersWorld - Financial Times - October 16 -
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesWorld - Financial Times - October 16 -
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane Milton
Four astronauts return to Earth after being delayed by Boeing's Starliner problems and Hurricane MiltonTech - ABC News - October 25 -
Why several U.S. cities are seeing record-high October temps
In parts of the U.S., it's been spooky warm, with some places setting records for heat. As we get ready for Halloween, CBS News national environmental correspondent David Schechter has been taking ...Top stories - CBS News - 6 days ago -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - 3 days ago -
ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - 3 hours ago -
How the U.S. economy became so hostile to parents — and who benefits
The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively ...Business - MarketWatch - October 19 -
The U.S. economy’s biggest threat? China’s clean-energy push.
As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.Business - MarketWatch - October 19 -
Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’
The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.Business - MarketWatch - October 21 -
U.S. economy poised for somewhat slower growth, leading indicators signal
The leading indicators of the U.S. economy fell again in September because of weakness in a few key industries such as housing and manufacturing, but not enough to suggest any sign of major trouble.Business - MarketWatch - October 21 -
Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By
Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.Business - Inc. - 3 days ago