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Stocks fall; service sector employment contracts; factory orders fall; Target sales decline.
A Biden administration rule will impose new limits on late fees; Target reports lower sales but higher profits thanks to less discounting; Red Sea attacks continue, sinking ship; FAA says Boeing’s Max production line had multiple safety, quality failures.
Stocks fall; fine involves Apple’s App Store and music streaming services; Fitch downgrades New York Community Bank; JetBlue and Spirit call off proposed merger.
EU says Apple behaved in anti-competitive ways; JetBlue, Spirit call off their merger plan; some OPEC+ nations further extend oil production cuts; WTO maintains moratorium on streaming content taxes.
Stocks rise; new orders decline in February; construction spending dips in January; consumer sentiment falls.
IRS says crackdown will apply to incomes of $400,000 and above; New York Community Bank in turmoil as losses mount and CEO resigns; Oprah Winfrey quits WeightWatchers; Brazil proposes global tax on super rich .
Stocks closed higher; consumer prices not including volatile categories rose 2.8% in January and incomes rose 1%; new unemployment claims rose.
The Federal Reserve’s preferred inflation gauge is showing further signs of easing; the Commerce Department wants to probe connected vehicles made by Chinese companies; the Transportation Department wants to make it easier to fine airlines for damaging or misplacing wheelchairs; the FAA gives Boeing 90 days to come up with new safety plan.
Stocks fall; US GDP still resilient; imports rise in January; retail inventories up from last year.
United States, United Kingdom issue sanctions to block support for Yemen’s Houthi rebels; Google’s CEO says company working to fix AI tool Gemini, after biased responses; Starbucks, workers’ union agree to talks; the Justice Department launches antitrust probe of UnitedHealth, WSJ reports.
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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