Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.
Read More Boeing Employees Strike After Rejecting 25% Pay Increase, Impacting Production
Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.
Read More US consumer spending solid in July; inflation rises moderately
The Federal Trade Commission (FTC) trial has begun, with the agency continuing its push to block Kroger’s merger with Albertsons, alleging that the merger would “hurt customers and undermine competition” in the grocery store industry.
Read More FTC Vs. Kroger-Albertsons Merger Case Heading To Trial
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Unionized workers at Samsung Electronics declared an indefinite strike Wednesday in a move to pressure South Korea’s biggest company to accept their calls for higher pay and other benefits.
Read More Samsung Electronics Workers Announce ‘Indefinite’ Strike Calling For Better Pay