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Stocks fall; supply chains scrambling to absorb capacity after Baltimore port shuts down vessel traffic; home prices fall in January; durable goods orders rise.
Consumer confidence was essentially unchanged in March, with consumers still worried about higher inflation in the months ahead; container ship destroys Baltimore bridge; home prices rise 6% in January; Trump Media and Technology Group debuts on Nasdaq, shares soar.
Stocks fall; Energy Department funding targeted at industries that are hard to decarbonize; new home sales fall in February; Boeing CEO to step down.
The Energy Department says the largest-ever such investment will target heavily-polluting industries, such as steel and cement manufacturing; Boeing CEO to step down by end of year; New home sales dip 0.3 percent in February as existing home sales soar; EU launches new investigations of Meta, Apple, Google.
Stocks close mixed; bill heads to Senate ahead of deadline; Chrysler lays off 400 workers; State Farm not renewing 72,000 California policies.
The bipartisan bill would require AI tools and online platforms to identify “deepfakes”; Treasury yield curve is inverted for longest period ever, Deutsche Bank says; European Union considering tariffs on Russian grain; climate change will inflate food prices, study finds.
Stocks rise; DOJ argues Apple’s dominance is anticompetitive; existing home sales rise; Leading Economic Indicators index increases.
The Biden administration canceled debt for nearly 80,000 borrowers; CBO projects less federal debt thanks to immigration, spending restrictions; initial unemployment claims hover around 210,000 for fourth week; existing home sales unexpectedly jump 9.5%.
Stocks rise; Powell still looking for more good data before cutting rates; Powell says inflation is still coming down overall; Biden Administration grants $8.5B to Intel for semiconductor manufacturing.
The money will invest in chip manufacturing in Arizona, Ohio, New Mexico and Oregon; France fines Google $270 million over negotiations with news publishers; Southwest reaches third tentative labor deal with flight attendants’ union; Boeing delays cash goals as it works to fix safety problems.
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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