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Stocks close mixed; consumers surveyed show more uncertainty over labor market; durable goods orders rise; home prices up in December.
Report by an expert panel says Boeing employees still fear retaliation for raising concerns; Treasury Secretary Yellen urges $300 billion frozen Russian assets be sent to Ukraine; Macy’s to close 150 stores; Durable goods orders plunge 6% in January.
Major stock indexes head down after hitting records last week; Kroger’s takeover of Albertsons hits an antitrust obstacle; The World Trade Organization may OK taxation of streaming content.
Economic growth this year now forecast at 2.2% by NABE; WTO considers streaming content tax; AT&T offering $5 to customers most affected by outage; United Airlines is latest carrier to hike checked baggage fees.
AI-tech juggernaut Nvidia’s stock hit $2 trillion in market cap in intraday trading; Biden Administration announces new sanctions against Russia; Reddit files for an IPO.
Stocks open higher, continuing yesterday’s rally; Reddit files paperwork with the Securities and Exchange Commission for initial public offering; the Biden administration issues more sanctions against Russia; AT&T says it’s restored service to all customers affected by yesterday’s outage.
Stocks jump; Nvidia points to demand for AI software; existing home sales rise; initial unemployment claims fall.
Nvidia shares surge after it reports higher-than-expected fourth quarter earnings, with quarterly revenues of about $22 billion; Japan’s Nikkei stock index is finally back to where it was more than three decades ago; new claims for unemployment benefits fall unexpectedly in mid February; thousands of AT&T customers report outages.
Stocks close mixed; Fed members say interest rates likely at their peak; Amazon to join the Dow Jones Industrial Average; bank economists say credit will stay tight this year.
On Monday, Amazon will join the index, while Walgreens will exit; new federal rules aim to tighten cybersecurity at U.S. ports; the European Union issues 13th round of Russia sanctions; natural gas giant Chesapeake Energy to reduce output.
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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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