Author: Daniel snow
Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024.Stephen Brashear | APBoeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems.The tally was the highest since before a door plug from one of its new 737 Max 9 planes blew out midair in January 2024, sparking a new crisis for the company and slowing production and deliveries of aircraft. Of the monthly total, 42 were 737 Maxes, going to…
Mizuho’s Dan Dolev is the third analyst to make a bearish call on Circle Internet’s stock, with a price target that is nearly 60% below recent prices. Source link
People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty ImagesFears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded, according to a New York Federal Reserve survey released Tuesday.The central bank’s monthly Survey of Consumer Expectations shows that respondents in June saw inflation at 3% 12 months from now. That’s the same level it was in January — before Trump took office and began saber-rattling over trade.The level marked a 0.2 percentage point decline from May and a retreat from…
Home sellers in some of the nation’s worst housing markets are tired of cutting prices. So they’re pulling their listings. Source link
U.S. President Donald Trump presents a sweeping spending and tax legislation, known as the “One Big Beautiful Bill Act,” after he signed it, at the White House in Washington, D.C., U.S., July 4, 2025.Leah Millis | ReutersA version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.We’re back from the holiday weekend with President Donald Trump’s “big beautiful” bill officially signed into law.His landmark tax cut and spending package includes more than $1 trillion cuts to Medicaid, which will leave millions of vulnerable…
The NFIB’s monthly small business confidence index held steady for June, but owners continued to report problems finding qualified employees. Source link
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | ReutersThe IRS said in a new federal court filing that churches can endorse political candidates without risking the loss of their tax-exempt status.The move upends a 70-year-old interpretation of the U.S. tax code, whose Johnson Amendment has barred non-profit groups, including churches, from endorsing political candidates without putting their tax-exempt status in jeopardy.”Communications from a house of worship to its congregation in connection with religious services through its usual channels of communication on matters of faith do not run afoul of the…
At the Fancy Food Show, the big trade event for gourmet fare, noteworthy products also included quail eggs, Indian-spiced potato chips and the sweet treat known as Dubai chocolate. Source link
Ten years ago, Amy Shack Egan agreed to help a friend plan her wedding. She couldn’t have imagined that it would inspire her to launch two businesses — or that Kerry Washington would become her lead investor.At the time of that first wedding, Egan was freshly out of college and working three jobs to stay afloat in New York City.”I was like a lot of early 20-somethings: frustrated about feeling really ambitious, but not sure what path I was supposed to go down,” Egan recalls.While helping her friend navigate wedding logistics, she found that she had a knack for event…
For the first time since 2000, dividend yields for stocks in the S&P 500 are nearing record lows, according to Deutsche Bank. Source link