The National Transportation Safety Board said it was sanctioning Boeing for disclosing non-public details of an ongoing investigation into a 737 MAX mid-air emergency.
Read More NTSB sanctions Boeing over release of 737 MAX investigation details
Category: Business
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Read More US new home sales slump to six-month low in May
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
Read More US consumer confidence retreats slightly; house prices remain elevated
Big US banks expected to be cautious on shareholder payouts
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payouts
Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis.
Read More Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says
S&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continues