Boeing Under Pressure, Rise of “Dumb Tech” 9/13/24

Power Lunch - A podcast by CNBC

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As stocks look to wrap up a strong week, Boeing shares are taking another leg lower as its union workers walk off the job. As a result, Moody’s is putting Boeing on a review for a downgrade. We’ll bring you the latest details Plus, smartphone prices are down 9% year-over-year according to the latest CPI. And smartphone pushback from parents is leading to an increase in demand for so-called “dumb tech.” We’ll dive into all of that.