Thousands of Boeing union workers walk off the job in the first strike for the company in 16 years. And former President Donald Trump decides if he’ll participate in another debate with Vice President Kamala Harris. These stories and more highlight The Morning Rundown for Friday, Sept. 13, 2024. Boeing workers go on strike for first time in…

American companies in China are experiencing record-low profits and business confidence, according to a report from the American Chamber of Commerce in Shanghai. The report revealed only 66% of 306 polled companies were profitable in 2023, marking a record low.Only 47% of respondents expressed optimism about their business outlook in China over the next five…

The U.S. House passed a bill that could lead to the closure of Hong Kong’s representative offices in America, igniting a diplomatic dispute between China and the United States. The Hong Kong Economic and Trade Office Certification Act passed with overwhelming bipartisan support in a vote of 413-3. The bill targets Hong Kong’s trade missions…

Farmers and agricultural groups calling for action on the farm bill. The farm bill, passed every five years, supports farmers and ranchers with government subsidies and programs. It has become a cornerstone of U.S. agricultural business and is set to expire at the end of the month, leaving the sector in uncertainty. Some agricultural economists…

After the Wednesday, Sept. 11, inflation report came in on target, markets are even more confident the Federal Reserve will cut its rate by 25 basis points following its policy meeting next week. In August, Fed Chair Jerome Powell said it was time for policy to adjust after an “unmistakable” weakening in the labor market.…

In its largest-ever vocational rehabilitation-focused competitive grant, the U.S. Department of Education is giving $251 million to more than two dozen higher education institutions and other agencies to ensure disability inclusion in the workforce. The Disability Innovation Fund program awarded the five-year grants to 27 recipients.  The grants will prepare individuals for competitive and integrated…

Inflation cooled for the fifth straight month in August at 2.5%, inching closer to the Federal Reserve’s target of 2%. But core prices, which strip out food and energy, stayed stagnant at 3.2%. Is it time for the central bank to adjust its core inflation target of 2%? The Federal Reserve has a dual mandate…

Consumer price inflation cooled for the fifth straight month in August at 2.5% annually, inching closer to the Federal Reserve’s target of 2% inflation one week before the central bank’s next rate decision. Monthly prices rose 0.2% from July, according to data released by the Bureau of Labor Statistics Wednesday, Sept. 11. Core inflation, which…

We recap the first presidential debate between Vice President Kamala Harris and former President Donald Trump. And SpaceX launches four private citizens into space for one historic mission. These stories and more highlight The Morning Rundown for Wednesday, Sept. 11, 2024. Kamala Harris, Donald Trump go on the attack in presidential debate Former President Donald…

Indian migrants are driving a sharp increase in illegal crossings at the U.S.-Canada border. U.S. Customs and Border Protection (CBP) reported nearly 20,000 migrant encounters this year, marking a 95% surge compared to 2023. Nearly 60% of these encounters involved Indian nationals, highlighting a growing trend in illegal immigration from India. Many Indian migrants enter…