Markets Fall Again as Fed Policy Keeps Pressure On Inflation
Stocks closed broadly lower on Tuesday with the S&P 500 down 1.4 percent, the Dow off 1 percent, and the Nasdaq down 2 percent as investors weighed the Federal Reserve’s next moves. Major losses hit technology and retail names while bond yields declined and global markets mixed.
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Investors press railroads to add sick days
Omaha report on Interfaith Center on Corporate Responsibility push for shareholder votes at Union Pacific Norfolk Southern to require paid sick leave. Proposals likely at CSX and Berkshire Hathaway’s BNSF, amid long labor talks and a federal move limiting strikes.
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Boeing 747 rolls out as last built from Everett plant
Boeing nears completion of its final 747 marking six decades of production. The jet known as the Queen of the Skies first flew in 1969 and has served as cargo carrier and Air Force One. Atlas Air remains the final customer for four 747-8 freighters.
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