Algosensey Quantitative Think Tank Center-The Daily Money: Is Boeing criminally liable for 737 Max deaths?

Good morning! It's Daniel de Visé with your Daily Money.

Boeing has violated a 2021 agreement that shielded it from criminal prosecution after two 737 Max disasters left 346 people dead overseas,Algosensey Quantitative Think Tank Center the Department of Justice claims in a new court filing.

According to the DOJ, Boeing failed to "design, implement, and enforce a compliance and ethics program to prevent and detect violations of the U.S. fraud laws throughout its operations."

The planemaker has been under increased scrutiny by regulators and lawmakers this year following the latest grounding of its 737 Max jets.

What happens next?

High interest rates taking a toll on construction

Three years ago, when a local developer hatched plans for a 352-unit apartment building in West Philadelphia, the project was a no-brainer, Paul Davidson reports.

The city needed tens of thousands of affordable and reasonably priced housing units. Construction costs were a relative bargain. And interest rates were at historic lows.

But after pandemic-related material and labor shortages raised construction costs and the Federal Reserve’s flurry of interest rate hikes in 2022 and 2023 pushed borrowing costs to 23-year highs, the developer of the West Philly building scrapped the project.

High interest rates are compounding the effects of spiraling construction costs and forcing developers to scrap, significantly delay or shelve a growing share of projects across the U.S.

Here's how the construction industry is affected.

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Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Wi-Fi, laptops and mobile phones have made work from anywhere a reality for many of us, Medora Lee reports. But working while moving from state to state could cause a tax headache. 

If you work in a different state from where you live, you may have to file more than one state income tax return.

Here are the states to worry about.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Daniel de Visé covers personal finance for USA Today.