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Boeing plane deliveries fell off a cliff last quarter

Quartz

qz.com › boeing-plane-deliveries-737-max-airbus-1851397421

Boeing delivered the fewest planes in almost three years last quarter. The company said Tuesday that only 83 of its jetliners made their way to customers from January through March — the lowest number since 2021, when production was still recovering from a pandemic-induced slowdown.

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The Dow drops 300 points as investors get jittery about inflation

Quartz

qz.com › dow-jones-industrial-average-inflation-fed-interest-rat-1851397283

The Dow Jones Industrial Average and the other major U.S. stock market indexes got cold feet Tuesday ahead of inflation data due on Wednesday. It’s expected that the Consumer Price Index will show that inflation increased to an annual rate of 3.4%, up from 3.2% in February. That’s making investors jittery, as they’ve…

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Rising commodity prices means everything else might more expensive too

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qz.com › commodity-prices-going-up-inflation-1851397072

The Wall Street Journal, looking at the S&P GSCI index that follows commodities, noted that raw materials on a whole were outperforming the S&P 500 stock index. The GSCI is up 12% to the S&P 500's 8%. Much of that has been due to oil prices (up more than 17%), which have been increasing during the Israeli siege of the…

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Cars are piling up at European ports at an alarming rate

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qz.com › cars-european-ports-slow-sales-bottlenecks-1851397116

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Imported vehicles are seriously piling up at European ports, turning them into “car parks.” Automakers are distributors are struggling with a slowdown in car sales as well as logistical bottlenecks that make it hard to alleviate the buildup of new, unsold vehicles. From the Financial Times:

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U.S. small business optimism hit its lowest level in 12 years

Quartz

qz.com › us-small-business-owners-inflation-sales-consumers-1851397059

Small businesses in the U.S. are feeling less optimistic as they continue to deal with a slowdown in sales and inflationary pressures, the National Federation of Independent Businesses (NFIB) found.

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