Some of the nation’s biggest banks say they’ll increase dividends, stock buybacks; Uber to announce flexible remote work policy; Disney test cruise delayed due to COVID test results

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Federal judge dismisses antitrust complaints against Facebook, Juul agrees to $40 million settlement with North Carolina, mix and match vaccine study shows promising results.

- June 28, 2021

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

It’s the biggest plane order since the pandemic hit; TSA screens almost 2.2 million passengers on Sunday, a pandemic first; G-20 countries ease nearly half of the trade restrictions instituted during pandemic, WTO says

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

The settlement is with New York state; civil trial set to begin for drugmakers AbbVie, Teva, pharmacy chain Walgreens, and others; FAA denies certification step for Boeing 777X

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

6-25-21 NMG/MM Closing Bell/KarrEpisode

Title: Stocks close mixed - Closing Bell

Episode Summary: The Federal Reserve’s preferred inflation gauge was up less than expected last month; Vice President Kamela Harris visits the U.S.- Mexico border; and FedEx reports fourth quarter results.

GONG

:02

This is the Marketplace Minute. I’m Nancy Marshall Genzer.

STORY 1

Stocks…closed mixed

The Dow ended up...about seven tenths percent.

The S&P gained about a third of a percent.

And the NASDAQ was down...six tenths percent.

STORY 2

The Federal Reserve’s preferred inflation gauge, was up less than expected in May. Core PCE rose a half percent. This month-to-month number is the one everyone’s watching right now….because it tells us whether inflation really is temporary…. as the Fed is insisting.

STORY 3

Vice president Kamala Harris visited the US Mexico border at El Paso, Texas. Harris talked about the “root causes” of migration. Including poverty, crime and corruption.

STORY 4 *** CUT THIS FOR DEMO PUBRADIO VERSION

And FedEx reported higher than expected fourth quarter sales and profits. It was boosted by continued growth in e-commerce. And increases in business shipping. As more companies re-opened. FedEx sales were up 30 percent over the same time last year.

***CLOSE

I’m Nancy Marshall Genzer with the Marketplace Minute.

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

May consumer spending was flat, while personal incomes declined 2%; Consumer prices rose 3.4% in May compared to 2020; big U.S. banks pass the Fed’s stress tests; Congress repeals Trump-era payday lender rule

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Most of the new spending is focused on transportation projects; lawmakers agreed to pay for spending through a mix of sources, excluding tax increases; analysts expect construction, materials companies to benefit

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

President Biden announces an infrastructure deal; drugmaker Eli Lilly will submit a new Alzheimer’s drug to the FDA; Google is delaying a plan to block third party cookies on its Chrome browser.

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Initial state unemployment claims fell less than expected; GDP growth at 6.4% in Q1; durable goods orders rise 2.3%

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Senators today will pitch the agreement to President Biden; House panel advances bills to curb Big Tech; White House faces calls to renew expiring eviction moratorium

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices