Boeing Union Fight Hits Turbulence, Files Unfair Labor Practice
Boeing Union Fight Hits Turbulence, Files Unfair Labor Practice Labor strikes at Boeing’s commercial jet factories are approaching the one-month mark, with no end to the paralyzing labor action. This seriously threatens Boeing’s credit rating, which faces mounting downgrade risks from investment grade to junk status from multiple credit ratings agencies as cash reserves dwindle. Quartz News […]
Boeing Union Fight Hits Turbulence, Files Unfair Labor Practice
Boeing Union Fight Hits Turbulence, Files Unfair Labor Practice Labor strikes at Boeing’s commercial jet factories are approaching the one-month mark, with no end to the paralyzing labor action. This seriously threatens Boeing’s credit rating, which faces mounting downgrade risks from investment grade to junk status from multiple credit ratings agencies as cash reserves dwindle. Quartz News […]
India's Gold Industry Navigates High Prices Ahead of Diwali Season
Gold dealers in India are charging premiums for the first time in two months as the festive season approaches, despite record-high prices dampening sales volume. While sentiment remains positive, consumers are opting for lighter, more affordable jewelry. In contrast, China’s gold market sees weak demand post-holidays.
Silent Majority: Poll Finds Independents Are Far More Conservative Than They’re Willing To Admit
Silent Majority: Poll Finds Independents Are Far More Conservative Than They’re Willing To Admit Via Issues & Insights Editorial Board, If conservatives want to win elections, they don’t need to rile up the base, they need to convince independents to say in public what they believe in private – that they agree with conservatives on […]
US Money-Market Funds Swell to $6.47 Trillion: A New Era of Cash Management
US money-market funds have reached a record $6.47 trillion in assets as investors seek high yields amid anticipated Federal Reserve rate cuts. The funds attracted $11 billion in the week ending October 9, bringing this year’s inflows to over half a trillion dollars. Despite a recent Fed rate cut, these funds continue to draw investments […]
GDP Report Continues To Defy Recession Forecasts
GDP Report Continues To Defy Recession Forecasts Authored by Lance Roberts via RealInvestmentAdvice.com, The Bureau of Economic Analysis (BEA) recently released its second-quarter GDP report for 2024, showcasing a 2.96% growth rate. This number has sparked discussions among investors and analysts, particularly those predicting an imminent recession. There are certainly many supportive data points that […]
‘Not Acceptable’: Obama Scolds Black ‘Brothers’ For Not Backing Harris – Blames Sexism
‘Not Acceptable’: Obama Scolds Black ‘Brothers’ For Not Backing Harris – Blames Sexism Former President Barack Obama hit the campaign trail for Kamala Harris on Thursday — and hit some flat notes, as he condescendingly scolded black men for their lackluster support of the vice president, even going so far as to accuse them of sexism. […]
Core Producer Price Inflation Hotter Than Expected; Food Costs Surge
Core Producer Price Inflation Hotter Than Expected; Food Costs Surge After yesterday’s hotter-than-expected CPI, all eyes are on this morning’s PPI print for dovish hopes that the blip in CPI is ‘transitory’. Of course, there is the baffle ’em with bullshit print too… as data shows the MoM prints cooler than expected but the YoY […]
Core Producer Price Inflation Hotter Than Expected; Food Costs Surge
Core Producer Price Inflation Hotter Than Expected; Food Costs Surge After yesterday’s hotter-than-expected CPI, all eyes are on this morning’s PPI print for dovish hopes that the blip in CPI is ‘transitory’. Of course, there is the baffle ’em with bullshit print too… as data shows the MoM prints cooler than expected but the YoY […]
“‘We, Robot’ 10/10 Event”: Wall Street Reacts To Elon Musk’s Big Cybercab Debut
“‘We, Robot’ 10/10 Event”: Wall Street Reacts To Elon Musk’s Big Cybercab Debut Tesla’s shares stumbled in premarket trading after the company’s long-awaited robotaxi event in Burbank, California. The event showcased the robotaxi Cybercab, the futuristic-looking Robovan concept, and the latest version of the humanoid robot, Optimus. Just hours after the event, some top Wall Street analysts […]