Business News

AM Business Notebook 

For: September 5, 2025

>>Trading Week Winding Down 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher yesterday.  At the closing bell, the Dow Jones Industrial Average gained 350 points to 45-621.  The S&P 500 gained 53 points to 65-02.  The Nasdaq rose by 209 points to 21-707.

 

>>Bureau Of Labor Statistics Says 22,000 Jobs Created In August

(Washington, DC)  --  The Labor Department's first jobs report since President Trump fired the agency's stats chief is out and it shows just 22-thousand new jobs added in August.  That's down from the previous month's 73-thousand, which was already seen as a disappointment.  Expectations were for today's number to come in at right around 75-thousand.  Meanwhile, the unemployment rate was little changed at four-point-three percent.

 

>>Trump Signs Deal Lowering Japanese Auto Tariffs

(Washington, DC)  --  President Trump is officially lowering Japanese auto tariffs.  He signed the order Thursday, reducing U.S. tariffs on Japanese vehicles from 27 and a-half percent to 15 percent.  The reduced tariffs had been announced in July.  They'll take effect at the end of this month.

 

>>Trump Administration Drops Cash Payments For Flight Delays

(Washington, DC)  --  The Trump administration is dropping a Biden-era plan that calls for airlines to compensate passengers for flight delays.  Last December, the Department of Transportation sought public comment on a plan to require airlines to pay passengers up to 300 dollars cash for three-hour delays and up to 700 dollars for longer delays.  On Thursday, the DOT said it was dropping the plan "consistent with department and administration priorities."  The department said it was also considering withdrawing a Biden-era rule that requires airlines to disclose service fees alongside airfares.

 

>>Boeing To Hire Permanent Replacement Workers As Strike Continues

(St. Louis, MO)  --  Boeing is hiring permanent replacement workers at St. Louis-area facilities where thousands of union workers are on strike.  The company said Thursday it is moving forward with a contingency plan to ensure Boeing is properly staffed to keep supporting customers.  Over three-thousand members of the International Association of Machinists and Aerospace Workers Union went on strike just over a month ago following failed negotiations on a new contract.  Union President Brian Bryant said following the announcement that the "ball is still in Boeing's court." 

 

>>American Workers Worried About Debt

(Charlotte, NC)  --  American workers are growing increasingly stressed about debt and finances.  That's according to a new Bank of America survey that showed 47 percent of people with jobs felt financially secure, down from 52 percent in January.  Three-quarters of workers are worried about the overall state of the economy.

 

>>"Conjuring: The Last Rites" Expected To Make $50 Million-Plus

(Undated)  --  "The Conjuring: The Last Rites" is expected to scare up millions at the weekend box office.  The fourth installment in the horror franchise is expected to make between 35 and 55-million in its debut.  The film could add to Warner Bros.' current winning streak that has included hits like "A Minecraft Movie," "Sinners," "Superman" and "Weapons."  Elsewhere, a taping of the Broadway hit "Hamilton" will hit big screens this weekend after being available on Disney-plus since 2020.


 

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