Business – Page 29 – One America News Network

Boeing strike threat looms as workers vote on contract

Boeing’s U.S. West Coast factory workers started voting on Thursday on a much-criticized new contract and a possible strike.

U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.

The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.

Boeing’s shares rose 3.7% after the planemaker and its biggest union reached a tentative deal covering more than 32,000 workers.

Traders priced in a quarter-point Federal Reserve interest-rate cut this month with a bigger move expected at its next meeting.

The SEC asked for the dismissal of all active misconduct proceedings against accountants sitting before its in-house judges.