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Stocks close down; Capital One says the deal will help Discover compete; Walmart says sales rise; Home Depot says demand for big ticket items is weak.
Walmart and Home Depot expect slower growth in the months ahead; authorities take down global ransomware group Lockbit; Biden administration funds $6 billion in water infrastructure improvements; Capital One wants to purchase Discover, in a deal that would create a credit card giant.
Stocks fall; services costs push up PPI; consumer sentiment unchanged so far in January; housing starts fall.
Wholesale prices rose in January; FCC bans AI robocalls; Biden administration releases new details about student debt relief plan; Japan and the United Kingdom dip into recession.
Stocks rise; retail sales post biggest decline in 10 months; number of striking workers more than doubles in 2023; import prices rise.
First-time claims for unemployment benefits were lower than expected earlier this month; the Biden administration gives $970 million to 114 U.S. airports; Airbus reports that revenues were up 11% in 2023.
Stocks rise; Fed could hold rates steady at its next meeting; Lyft includes typo in earnings forecast; Airbnb revenue rises.
Microsoft pointed to cyber spies working for China, North Korea, Iran and Russia; Lyft stock temporarily soars after incorrect earnings statement; Sony’s PlayStation 5 console struggles; Airbnb says booking demand remains strong.
Stocks fall; inflation remains above the Federal Reserve’s target; small business optimism declines; Hasbro revenue falls.
Consumer prices rose at an annual rate of 3.1%; Treasury Department proposes money laundering rule for investment advisers; Coca-Cola improves sales in foreign markets; activist investor Icahn targets JetBlue Airways.
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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