Boeing plans to raise up to $35 billion to shore up finances as strike continues
Boeing CEO Kelly Ortberg relocated to Seattle, where 33,000 Boeing employees took to the picket line. (Credit: Derrick Louie, Clarity Northwest Photography, Laura Halliday, Realogics Sothebys International Realty, KCPQ) Aerospace giant Boeing The company said in a regulatory filing Tuesday that it plans to raise up to $25 billion in stock and bond issuances while […]
Middle-income households’ negative view of their personal finances plummets to new low
Gerald Store, CEO of Store Advisors, spoke to Barney & Company about the current state of U.S. consumers ahead of the holiday season. New data shows America's middle class is feeling the squeeze like never before. Primerica's latest work According to the third quarter Financial Security Monitor report, 55% of middle-income households now assess their […]
House candidate's 'pretty bizarre' finances
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text Inflation stabilizes as Federal Reserve moves closer to cutting rates Inflation held steady in July as U.S. households increased spending and saw […]
NYC Mayor Eric Adams hit with first subpoena over 2021 campaign finances: report
In an ongoing corruption investigation, federal prosecutors have issued a series of subpoenas focusing on New York City Mayor Eric Adams’ 2021 campaign. The New York Times, citing four people familiar with the matter, reported that a series of subpoenas were issued to Adams, the city council and the elections board. The subpoena, issued in […]
Rachel Reeves to set out plans to fill the shortfall in public finances left by Tories | Public finance
Rachel Reeves will expose the damaging legacy the Labour government inherited from the Conservatives and set out the case for cuts to public spending, tax increases and the postponement of several major infrastructure projects. She is expected to suspend work on a range of infrastructure projects, including Prime Minister Boris Johnson’s flagship plan for 40 […]
Rachel Reeves to set out plans to fill the shortfall in public finances left by Tories | Public finance
Rachel Reeves will expose the damaging legacy the Labour government inherited from the Conservatives and set out the case for cuts to public spending, tax increases and the postponement of several major infrastructure projects. She is expected to suspend work on a range of infrastructure projects, including Prime Minister Boris Johnson’s flagship plan for 40 […]
‘Burnt’ coffee beans unlikely to save Rudy Giuliani’s finances: experts
He will still have to keep trying. Cash-strapped former Mayor Rudy Giuliani has reason to hope for his new coffee brand, but it’s a stretch to think it will save him from a mountain of debt, coffee experts tell The Washington Post. Giuliani announced the launch of Rudy’s Coffee in June as he was facing […]