New applications for U.S. unemployment aid unexpectedly fell last week, but the number of people collecting benefits in mid-October was the highest in nearly three years.
Read More US weekly jobless claims fall; continuing claims hit highest level in three years
Boeing workers voted to reject the company’s latest contract proposal on Wednesday that would’ve ended a strike that has lasted over 40 days.
Read More Boeing Machinists Reject Latest Contract Proposal, Strike Continues Into 6th Week
Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
Read More Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
Read More Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Read More Strong discretionary spending lifts US retail sales in September
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.
Read More Boeing To Layoff Thousands Of Workers As Strike Continues