Business News

CBO Projects Federal Budget Deficit To Hit Record…

The CBO released a report saying, if nothing changes, the deficit would hit 4.6% of the U.S.' GDP this year.

Report: Boeing Receives More Than $12 Billion In…

​People familiar with the matter told CNBC Boeing was able to secure at least $2 billion more than it had hoped for.

Boeing 777X Successfully Completes First Test…

It finally took off Saturday after being rescheduled twice due to wind levels.

Toyota Is Recalling 3.4 Million Vehicles Worldwide

Around 2.9 million vehicles are affected in the U.S.

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Boeing Delays 737 Max Return Date

​Boeing said it expects the 737 Max will return to service sometime in the middle of 2020.

Reports: Boeing Seeking Billions In Loans Amid…

According to CNBC, the company has secured around $6 billion in loans from several banks and could borrow more.

Trump's New Trade Deal Includes China's Shopping…

President Trump's newly signed trade deal with China hinges on the country's ability to buy large amounts of U.S. products.

A US-EU Trade War Could Spell Trouble For Wine…

Proposed U.S. tariffs targeting French and European wine imports could have dire consequences for the U.S. wine industry.

Former Boeing CEO Muilenburg Exits With More Than…

​Boeing disclosed Friday that Muilenburg is contractually owed stock and pension awards worth $62.2 million.

December Marked A Decade Of Job Gains In The U.S.

The nation's unemployment rate remained steady at 3.5%.