By Dan Catchpole and Allison Lampert SEATTLE – Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of a seven-week strike by 33,000 factory workers, according to three sources familiar with the matter. Getting the 737 MAX production line moving again is essential to the heavily debt-burdened…
US stocks ended Friday mixed, with the S&P 500 rising to an all-time-high. Investor optimism rose after jobs data fueled optimism about the economy and future rate cuts. Traders see higher odds of another rate cut in December, the CME FedWatch Tool shows. US stocks ended mixed on Friday, though the S&P 500 rose to…
Biden wants to help Ukraine before he leaves office. Jake Sullivan told ABC News that Biden aims to help Ukraine “strengthen’ its position. President-elect Trump has been skeptical of the level of US aid sent to Ukraine. National security advisor Jake Sullivan on Sunday said President Joe Biden was doing what he could to “strengthen”…
Hennessy Funds uses a four-step process for fundamental quantitative investing. The strategy focuses on mid-cap stocks with specific financial metrics and momentum. The fund outperforms benchmarks with a 12.39% annualized return over 21 years. It’s a hard-knock life trying to chase the stock market while balancing the business cycle, inflation, interest rate cuts, and a…
North Korean troops in Russia help Putin beyond sheer manpower needs — they help him at home, too. The ISW wrote on Sunday that Pyongyang’s deployments help Putin avoid another mobilization, for now. Yet, given Russia’s current casualties, that only sustains the war for about three months, ISW said. North Korea’s manpower injection for the…
Temu was the most downloaded app by Gen Z in the US in the first 10 months of 2024. Users aged 18 to 24 downloaded the app nearly 42 million times from January to October. Low prices, convenience, and the gamification of shopping are among its selling points. Thanks for signing up! Access your favorite…
NEW YORK — The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. The Standard & Poor’s 500 sank 1.9% for its worst day in eight weeks and fell further from its record set earlier this month. The Dow…
Emerging markets stocks are set for their worst monthly decline since January. The slump comes as investors price in higher odds of a Trump win in the upcoming US election. Trump has pledged to drastically raise import tariffs to as high as 20%, and up to 60% for China. Thanks for signing up! Access your…
US stocks are clicking on all cylinders, which led Goldman Sachs to lift its S&P 500 target again. The top investment bank now expects the index to reach the 6,000 mark by year end. Here are 25 companies set for outstanding earnings growth in 2025. Thanks for signing up! Access your favorite topics in a…
SpaceX launched its mission to rescue the two Starliner astronauts — but it didn’t go entirely according to plan. The company’s Falcon 9 rocket has been grounded after a booster landed in the wrong place. It’s the third time in three months that the Falcon 9 has been grounded. Thanks for signing up! Access your…