Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the planemaker's search for a new CEO. Boeing has been looking for a new head after Dave Calhoun said in March he would step down by year-end, in a broad management shakeup following a January mid-air panel blowout on a 737 MAX plane. Several potential candidates have emerged, including Patrick Shanahan, who has been running Spirit AeroSystems for the past nine months.
From suburban New York to rural Montana, candidates for U.S. Congress are getting an earful from voters stressed by stratospheric housing costs, interviews with Democratic and Republican campaigns and Reuters/Ipsos polling showed. At campaign stops in his New York state district, Democratic U.S. Representative Pat Ryan said in an interview that people regularly complain about having trouble finding a house or apartment they can afford. "I would say right now ... in the whole region - the Hudson Valley north of New York City - the No. 1 point of economic pain and pressure is housing affordability," said Ryan, who wants money from Democratic President Joe Biden's $1 trillion infrastructure law to aid housing construction.
One expert says it’s important to protect your “financial peace.”