Despite all of the volatility and uncertainty of stocks, Baby Boomers heading into retirement are still better off with stocks than bonds, says a new analysis from Bank of America Merrill Lynch.
Cash-strapped nations are only now starting to loosen the purse strings on defense spending, and many may still be looking for bargains at the Paris Air Show this year..
Known as the BRICs, Brazil, Russia, China and India look to compete on level ground with traditional players in the aviation industry.
Strong travel bookings and surging global sales will translate into 1,040 commercial-plane deliveries worldwide this year and 1,225 next year, after two very lean years.
Demand for business jets could be flying high once again, as the economy slowly recovers and emerging global markets enter the fray. While business might not be picking up full throttle just yet, there is “cautious optimism” based on three important industry markers.
The House Oversight Committee wants to know if the National Labor Relations Board overstepped its authority and is stifling American competitiveness, Chairman Rep. Darrell Issa told CNBC Friday.
Given the doom and despondency across so many parts of the EU economy and with European governments tumbling over themselves to reverse years of living beyond their means, next week's Paris Air Show at Le Bourget should provide something to cheer, writes Howard Wheedon, Senior Strategist at BGC Partners.
Boeing's decision to open a plant in South Carolina was completely legal, says Rep. Darrell Issa, (R-CA).
CNBC's Eamon Javers has the details on South Carolina Governor Nikki Haley's charge that President Obama is promoting sending jobs overseas by allowing a board to sue a company for creating jobs in the U.S.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Boeing upped its forecast Thursday for aircraft demand over the next 20 years, saying airlines will need $4 trillion worth of new planes to meet a pickup in passenger numbers, particularly in the Asia-Pacific region.
Stocks closed broadly lower Wednesday as the dollar jumped following worries over the exacerbating Greek debt situation and after a handful of dismal economic news.
Stocks remained under pressure Wednesday, led by banks, following a handful of weaker-than-expected economic news and amid worries over renewed concerns over the Greek debt situation.
Stocks slipped slightly from session highs but still closed broadly higher Tuesday, led by gains in the energy sector, following a handful of economic news that helped boost market confidence.
Stocks pointed to a higher close Tuesday after a handful of economic data helped boost market confidence and after Fed chairman Ben Bernanke said failure to raise debt ceiling could result in severe market disruption.
The U.S. economy is just "bumbling along" and creating an uncertainty among business that is likely to stifle hiring and growth, vulture fund manager Wilbur Ross said.
The aviation industry is in recovery mode, but a lot depends on whether positive forecasts for 2011 and 2012 pan out. The Paris Air Show in late June will shed some light on that.
Financial companies have paraded into the Treasury Department and the Federal Reserve to say they are not large or risky enough to threaten the financial system, the New York Times reports.
The United States is "anti-business," and that's going to be a serious problem for the future in this country because "they're the people that are creating the jobs," said Jim Gilmore of Free Congress Foundation.
Attorney generals in 16 states call a federal labor charge against the federal government over the NLRB Boeing decision, with Greg Abbott, Texas attorney general.