Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers. Source link
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions. Source link
Biden touts economic gains, acknowledges a long way to go
Interest rate cut “is not a declaration of victory, it’s a declaration of progress.” Source link
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach. Source link
How Inflation and High Interest Rates Have Changed the Economy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks. Source link
Fed moves to protect job market with big rate cut
The move indicates that the central bank is growing nervous about the weakening labor market. Source link
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race Source link
How SMIC, China’s Semiconductor Champion, Landed in the Heart of a Tech War
Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle. Source link
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured. Source link
Ending the Boeing Strike Won’t Be Easy. Here’s Why.
The vehemence of workers over wages and other issues caught the company and union leaders off guard. Source link