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Boeing is expanding plans to replace 3,200 striking St. Louis-area workers with new hires, with training for the first group beginning Friday. Union officials dismiss this as a bluff, citing extensive training and security clearance requirements. Senators criticized Boeing's refusal to increase its offer, contrasting it with the CEO's substantial compensation package.
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For now, financial markets are shrugging off the impasse as just the latest failure of Republicans and Democrats to agree on a budget.
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Gold remained steady on Friday, poised for its seventh consecutive weekly gain, driven by expectations of further U.S. interest rate cuts and concerns over a government shutdown. The precious metal, a traditional safe haven, touched an all-time high on Thursday. Markets anticipate a significant Fed rate cut this month, bolstering gold's appeal.
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