OP senators are privately alarmed at t
OP senators are privately alarmed at the cash problems facing Sen. Rick Scott's National Republican Senatorial Committee, uneasy over his feud with Senate GOP Leader Mitch McConnell and worried that their internal issues could undercut their already difficult road back to the majority this fall. Behind the scenes, GOP senators are maneuvering to make up for the committee's cash shortfall, with discussions underway to take matters into their own hands to circumvent the NRSC entirely ...
OP senators are privately alarmed at t
OP senators are privately alarmed at the cash problems facing Sen. Rick Scott's National Republican Senatorial Committee, uneasy over his feud with Senate GOP Leader Mitch McConnell and worried that their internal issues could undercut their already difficult road back to the majority this fall. Behind the scenes, GOP senators are maneuvering to make up for the committee's cash shortfall, with discussions underway to take matters into their own hands to circumvent the NRSC entirely ...
This just in: The People's Bank of China reduced
This just in: The People's Bank of China reduced the main rate at which it provides short-term liquidity to banks. The central bank also cut the rate of its one-year lending facility in order to "maintain reasonable and sufficient liquidity in the banking system," it said in a statement. It was the first time since January that those rates were reduced, and comes as other major central banks are in hiking mode, my CNN Business colleague Laura He reports. The move took investors by surpri...
This just in: The People's Bank of China reduced
This just in: The People's Bank of China reduced the main rate at which it provides short-term liquidity to banks. The central bank also cut the rate of its one-year lending facility in order to "maintain reasonable and sufficient liquidity in the banking system," it said in a statement. It was the first time since January that those rates were reduced, and comes as other major central banks are in hiking mode, my CNN Business colleague Laura He reports. The move took investors by surpri...
"Customers are being more deliberate about where their
"Customers are being more deliberate about where their discretionary dollars are going as prices at the gas station and grocery store eat up a greater share of [their] wallet," Wayfair CEO Niraj Shah said on a call with analysts Thursday. "We have also seen many of those discretionary dollars flow away from goods to services, especially travel," he added. * Shah said customers have been trading down to cheaper options and Wayfair has been increasing promotions to spur demand. Wayfair's s...
"Customers are being more deliberate about where their
"Customers are being more deliberate about where their discretionary dollars are going as prices at the gas station and grocery store eat up a greater share of [their] wallet," Wayfair CEO Niraj Shah said on a call with analysts Thursday. "We have also seen many of those discretionary dollars flow away from goods to services, especially travel," he added. * Shah said customers have been trading down to cheaper options and Wayfair has been increasing promotions to spur demand. Wayfair's s...
A plane built for American Airlines (AAL) is likely to be
A plane built for American Airlines (AAL) is likely to be the first 787 airplane delivered by Boeing since May 2021, sources said. That could come as soon as next month. American Airlines said last week on an earnings call it expects to receive nine 787s this year, including two in early August. Boeing in January disclosed a $3.5 billion charge due to 787 delivery delays and customer concessions, and another $1 billion in abnormal production costs stemming from production flaws and related re...
A plane built for American Airlines (AAL) is likely to be
A plane built for American Airlines (AAL) is likely to be the first 787 airplane delivered by Boeing since May 2021, sources said. That could come as soon as next month. American Airlines said last week on an earnings call it expects to receive nine 787s this year, including two in early August. Boeing in January disclosed a $3.5 billion charge due to 787 delivery delays and customer concessions, and another $1 billion in abnormal production costs stemming from production flaws and related re...
Employers continued hiking workers'
Employers continued hiking workers' pay at a brisker-than-expected pace, but the increases still weren't enough to compensate for the even faster rise in inflation. Wages and salaries for civilian workers increased 1.4% in the second quarter and 5.3% over the year ending in June, according to the Bureau of Labor Statistics' Employment Cost Index, released Friday. Both measures show swifter growth than in the first quarter. The 12-month jump was the highest since the spring of 1...
Employers continued hiking workers'
Employers continued hiking workers' pay at a brisker-than-expected pace, but the increases still weren't enough to compensate for the even faster rise in inflation. Wages and salaries for civilian workers increased 1.4% in the second quarter and 5.3% over the year ending in June, according to the Bureau of Labor Statistics' Employment Cost Index, released Friday. Both measures show swifter growth than in the first quarter. The 12-month jump was the highest since the spring of 1...
