Harris to More Fully Detail Economic Plans
Vice President Kamala Harris’s campaign is preparing a lengthy document laying out an economic policy vision as voters say they want to know more about her approach. Source link
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
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
Boeing to Begin Temporary Layoffs Because of Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union. 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
In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station. Source link
Hollywood Movie Producers Find a Harder Time Making a Living
Corporate consolidation and technology have upended many jobs in recent decades. But few arcs are more surprising than that of the Hollywood producer. Source link
Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that? Source link