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Key Boeing supplier Spirit AeroSystems is laying off …

5/16/2024
A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those airplanes …

Justice Dept makes arrests in North Korean identity …

5/16/2024
WASHINGTON (AP) — The Justice Department on Thursday announced the arrests of three people in a complex stolen identity scheme that officials say generates enormous proceeds for the North Korean …

McDonald's plans $5 US meal deal next month to counter …

5/16/2024
McDonald’s is planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’ frustration with high prices. The deal would let customers get a four-piece …

The Dow just crossed 40,000 for the first time. The …

5/16/2024
NEW YORK (AP) — The Dow Jones Industrial Average just topped 40,000 for the first time, the latest pop in what's been a surprisingly good year for Wall Street. But just like New Year's …

Justice Department formally moves to reclassify …

5/16/2024
The Justice Department has formally moved to reclassify marijuana as a less dangerous drug in a historic shift in generations of U.S. drug policy. A proposed rule sent Thursday to the federal …

FDIC chair is grilled on Capitol Hill after report …

5/16/2024
WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of grilling Thursday on Capitol Hill, this time at the Senate Banking Committee, after a damning …

United Airlines says it has regained some privileges …

5/16/2024
CHICAGO (AP) — United Airlines says federal regulators are letting it resume adding new routes and planes after a series of incidents, including an engine fire and a tire falling off a plane after …

Long-term mortgage rates retreat for second straight …

5/16/2024
The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply. The average …

Supreme Court sides with the Consumer Financial …

5/16/2024
The Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau. The justices ruled Thursday the way the bureau is funded does not violate …

US applications for jobless benefits come back down …

5/16/2024
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced. Jobless claims for the …

Deere Q2 results top Street but it cuts 2024 profit …

5/16/2024
Deere's fiscal second-quarter results beat Wall Street's expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as …

The larger the nonprofit, the more likely it is run by …

5/16/2024
NEW YORK (AP) — White men are most likely to lead the largest, best-funded nonprofits, while women of color tend to lead the organizations with the fewest financial resources, according to a …