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Stocks fall; service sector businesses surveyed hopeful for rate cuts; Powell says rate cuts aren’t likely in March; cuts could come sooner if economy weakens.
Boeing says improperly drilled holes could delay 737 Max production; McDonald’s sales suffer amid Middle East tensions; Parisians vote to levy $20 per hour parking fee on SUVs; Fed officials say interest rate cuts to come, but likely not soon.
Stocks rise; professional and business services jobs increase; unemployment rate holds steady; consumer sentiment increases.
Job gains were better than expected, as the labor market continues to surprise; Big Tech companies report strong Q4 results; Exxon-Mobil and Chevron saw lower quarterly profits amid price declines; federal regulators upgrade investigation into Tesla loss of steering reports.
Stocks rise; worker output outpaces hours worked; manufacturers receive more new orders; unemployment claims rise.
E.U. leaders overcame objections from Hungary; Medicare beginning price negotiations on 10 prescription drugs; Shell reports $28 billion profit for 2023; initial jobless claims inch up to 224,000.
Stocks fall; Federal Reserve says lowering rates too soon runs the risk of more inflation; wages rise in 2023; private sector employment picks up.
The employment cost index advanced at a slower pace in Q4 of 2023; Boeing lost $30 million in last quarter, before Alaska Airlines accident; judge rescinds Musk’s compensation deal with Tesla; Red Sea shipping disruptions to continue for months, Hapag-Lloyd says.
Stocks close mixed; quits rate falls over the last year; UPS revenue declines; IMF says global growth will pick up this year.
Global GDP forecast improves to 3.1% growth; job openings top 9 million in December; consumer confidence improves in January; home prices are up 6.6% compared to last year.
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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