The Daily Money: Peeling back the curtain on Boeing
Good morning! It’s Daniel de Visé with your Daily Money.
Boeing is having a rough year.
The company, which has been under a microscope, is trying to peel back the curtain on its operations, Zach Wichter reports. In a tightly choreographed media open house that USA TODAY attended on Tuesday, Boeing said it’s facing its safety challenges head-on. Employees, from the C-suite to the production line, insist that the airframer is turning a corner – reaffirming that its planes remain generally safe and are only getting safer.
Here's what we found.
How the deficit makes America poorer
The government’s deficit problem is creating an income problem for Americans, Medora Lee reports.
Last week, the Congressional Budget Office (CBO) raised its estimate for the government deficit by a whopping 27%, to $1.9 trillion.
Paying for that debt can divert money away from private investment, which, in turn, may dampen wage growth, economists say.
Here's how it all works.
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🍔 Today's Menu 🍔
Many a struggling artist and underemployed Gen-Zer has turned to Taco Bell for sustenance.
Now, Taco Bell has rolled out a new combo meal deal meant to address fast-food affordability head-on.
The new $7 Luxe Cravings Box hits the Taco Bell menu Thursday, Mike Snider reports. The meal comes with a Chalupa Supreme, Beefy 5-Layer Burrito, Double Stacked Taco, chips and nacho cheese sauce, and a medium drink. The restaurant chain says the combo is priced about 55% lower than what the menu items would cost separately.
How will McDonald's respond?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
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