Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breathCategory: Business
Kroger-Albertson’s US anti-trust trial to end but other legal blocks loom
The trial block Kroger’s bid to buy rival grocer Albertsons will conclude on Tuesday, but the deal’s legal challenges have just begun.
Read More Kroger-Albertson’s US anti-trust trial to end but other legal blocks loomBoeing imposes hiring freeze, takes steps to conserve cash after strike starts
Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike including considering temporary furloughs for many employees.
Read More Boeing imposes hiring freeze, takes steps to conserve cash after strike startsUS import prices post largest drop in eight months
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight monthsBoeing 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.
Read More Boeing strike threat looms as workers vote on contractFed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Read More Fed expected to deliver quarter-percentage-point rate cut next week
