Boeing says a new 737 Max flaw will slow airplane deliveries
Economy

Boeing says a new 737 Max flaw will slow airplane deliveries

A person with an umbrella walks by a Boeing 737 Max fuselage parked outside the company’s production facility in Renton, Washington, January 10, 2020.Lindsey Wasson | ReutersBoeing said a new manufacturing flaw on its 737 Max will delay deliveries of its bestselling aircraft, the latest setback as the company tries to hand over more planes.The… […]

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports
Economy

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports

The Washington Post Building at One Franklin Square Building in Washington, D.C., June 5, 2024. Andrew Harnik | Getty Images The Washington Post said Friday that it will not endorse a candidate in the presidential election this year — or ever again — breaking decades of tradition and sparking immediate criticism of the decision. But […]

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Economy

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview

Republican presidential nominee, former U.S. President Donald Trump gives remarks on border security inside an airplane hanger at the Austin-Bergstrom International Airport on October 25, 2024 in Austin, Texas. Anna Moneymaker | Getty Images Former President Donald Trump stood by his idea to end income taxes and substitute them with tariffs in a Friday interview […]

With retail companies reporting consumer weakness, Cramer says stick with tech
Economy

With retail companies reporting consumer weakness, Cramer says stick with tech

CNBC’s Jim Cramer on Wednesday discussed Wall Street’s attitude toward consumer-focused companies, saying that consumer weakness has sent the stock of many companies shooting down.”When the consumer’s tapped out, or at least more frugal than she used to be, money managers don’t wait around: They flee like rats from a sinking ship and park their… […]

Nvidia again proves it’s an ‘own it, don’t trade it’ stock after delivering another blowout quarter
Economy

Nvidia again proves it’s an ‘own it, don’t trade it’ stock after delivering another blowout quarter

Nvidia (NVDA) shined once again with the release Wednesday of its second-quarter fiscal year 2024 results. Similar to its blowout first quarter, the artificial-intelligence chipmaker handily exceeded Wall Street’s expectations and offered a forecast that was well above already-lofty expectations — driving shares to another new all-time high in afterhours trading. Revenue for the three… […]