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Boeing Says Final Assembly in India Hinges on More Orders

Boeing signals that establishing a final civil aircraft assembly line in India hinges on increased orders; currently, the market demand is insufficient.

CFTC Acting Chair Fires HR Head Amid Internal Harassment Probe

CFTC Acting Chair Caroline Pham removes head of HR leading internal investigation into hostile work environment complaints against her, replacing her with chief diversity officer despite directive to place DEIA staff on leave.

Strattec Security Reports Q2 Profit

Strattec Security Corp. (STRT) reports Q2 net income of $1.3 million, or 32 cents per share. Adjusted earnings were 65 cents per share, on revenue of $129.9 million.

BOE Cuts Fuel Bets for Further Easing, Weigh on Pound

Traders expect further interest rate cuts from the Bank of England after policymakers lowered borrowing costs and two voted for a bigger reduction. The pound fell while bonds initially rallied.

Vanguard’s latest expense ratio cuts: What they mean for you

Vanguard significantly reduced expense ratios across its mutual funds and ETFs, lowering its average asset-weighted expense ratio to 0.07%. This move benefits investors by boosting long-term returns and highlights Vanguard's commitment to minimizing costs and maximizing value for its clients.

Nissan CEO Terminates Merger Talks with Honda

Nissan CEO Makoto Uchida wants to terminate merger talks with Honda, the Asahi newspaper reports.

Trump Tariffs Close De Minimis Exemption, Hitting Bargain Hunters

Trump's tariffs may hit consumers hard, especially those who shop online for cheap Chinese goods. The end of the de minimis exemption will add tariffs and fees to Chinese packages, costing consumers billions of dollars. The legality of the tariffs is also unclear, with some experts predicting lawsuits to overturn them.

Assa Abloy's CEO Plans Price Increases if Trump Tariffs Implemented

Assa Abloy raises prices if Trump follows on tariffs with Canada, Mexico; China demand still weak

Trump's Tariffs Fuel Inflation Concerns and Consumer Resistance

A 10% surge in import costs shouldn't harm the US economy, but Trump's tariffs come amid heightened price sensitivity. Consumers are more likely to avoid purchases due to inflation concerns, despite Trump's pledge to reduce prices. Tariffs on China, Canada, and Mexico could cost families up to $2,600 annually, affecting a wide range of goods. Despite previous tariffs, Trump's bigger plans and the inflationary environment raise concerns about reflation.

Essex Tops Q4 Earnings, Revenue Estimates

Essex Property Trust Inc. (ESS) reported Q4 FFO of $3.92/share, beating expectations of $3.90. Revenue of $454.5 million also topped estimates of $453.1 million.