Boeing’s Rosy Outlook Negates the Need for a Fire Sale

Published on January 30, 2025

Boeing Co. reported on Tuesday that it burned through $14 billion of cash in 2024 and is likely to post negative cash flow this year as well. Regardless, its shares jumped as much as 7.6%.

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Unemployment Claims Down 16K, Better Than Expected

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In the week ending January 25th, initial jobless claims were at a seasonally adjusted level of 207,000. This represents a decrease of 16,000 from the previous week's figure. The latest reading was better than the 224,000 forecast.

Q4 GDP Advance Estimate: Real GDP at 2.3%, Below Forecast

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The U.S. economy grew at a slower pace than expected in the fourth quarter of 2024. Real gross domestic product increased at an annual rate of 2.3% in Q4 2024, according to the advance estimate. The latest estimate is below the forecasted 2.7% growth and is slower than the Q3 final estimate of 3.1%.