The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.
Stocks rise; compensation outpaces productivity; slowdown could push prices higher; imports fall.
Relief on Wall Street when Fed Chair Jerome Powell says a hike in interest rates is unlikely; Labor Department data points to continuing tightness in the labor market; Peloton lays off about 15% of its workforce.
Stocks close mixed; Powell says Fed prepared to keep rates unchanged for as long as it needs to; job openings hold steady; manufacturing sector contracts.
Job openings and quits changed little month over month; Fed expected to leave interest rates unchanged in anticipated announcement today; CVS Health quarterly profit halved due to Medicare Advantage costs; Amazon profits soar with more cloud computing, ad revenues.
Stocks fall; wage increases could be putting pressure on prices; consumer confidence declines; home prices rise.
The Employment Cost Index advanced 1.2% in Q1; the Case-Shiller home price index advanced 6.4%; consumer confidence is at lowest levels in two years; Walmart exits health clinic business.
Stocks close higher; FCC says location information was shared illegally; several labor market reports due this week; Federal Reserve’s Open Market Committee meets on Tuesday and Wednesday.
House and Senate negotiators have agreed to a sweeping bill to reauthorize the Federal Aviation Administration; Supreme Court turns back Musk’s challenge of Tesla settlement with SEC; McDonald’s, other restaurant chains set to report earnings.
Stocks close higher; services prices drive 12-month increases; consumer spending up in March; consumer sentiment flat so far this year.
The Fed’s preferred inflation gauge advanced 2.7% on an annual basis; Fed policymakers expected to leave interest rates unchanged next week; Global oil giants report lower profits; Capital One profits jump thanks to more interest income.
Stocks fall; consumer spending slows from prior quarter; inflation nearly doubles fourth quarter pace; pending home sales rise.
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