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Stocks rise; FTC says noncompete clauses suppress wages and innovation; business activity expands at a slower pace; new home sales rise.
UnitedHealth Group is reporting a potentially major hack; GM Q1 revenues rise 7.6%; PepsiCo sales rise 2% amid more price hikes; Tesla investors await details on future plans.
Stocks rise; input cost pressure eases, boosting profits; Verizon revenue ticks up; major tech companies report earnings this week.
The money is aimed at low-income and disadvantaged communities, the White House said; Senate to take up Ukraine, Israel aid bill; Boeing, PepsiCo, General Motors and other big names to release quarterly earnings this week; UBS predicts slowing earnings growth at Big Tech companies.
Stocks close mixed; Chicago Fed president says inflation progress has stalled; American Express profits rise; Netflix to stop reporting quarterly membership numbers.
The designation applies to chemicals long used in consumer goods; Israel’s credit rating gets a downgrade from S&P; France requires shrinkflation warnings; American Express profits jump on more consumer spending.
Stocks close mixed; housing inventory rises; leading economic indicators index falls; initial jobless claims unchanged.
D.R. Horton increased quarterly profit by 27%; TSMC forecasts sales increase of up to 30% on A.I. chip demand; initial jobless claims remain at a low of 212,000; U.S. investigating China’s shipbuilding industry over potential unfair subsidies.
Stocks close down; employment rises modestly; price increases in line with previous surveys; car insurance jumps over the last year.
White House says China is flooding U.S. with artificially cheap steel, aluminum; United Airlines Q1 losses less than feared; Tesla wants shareholders to reinstate Musk’s $56 billion pay package; Transportation Department to partner with states to investigate airline passenger complaints.
From the publisher's feed
The Marketplace Minute® has concluded production as of July 2024.
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.

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