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Stocks close higher; index declines at slower pace; fourth quarter GDP expected to decline from prior quarter; PCE data due on Friday.
FAA calls for inspections of Boeing 737-900ER models; ADM investigating its accounting practices; Exxon Mobil sues to stop shareholder proposal on emissions reductions; Macy’s rejects takeover bid.
Stocks close higher; people more optimistic about inflation, incomes; existing home sales fall in December; sales likely to pick up in early 2024.
The Federal Emergency Management Agency is changing rules to simplify and speed up assistance; last year, existing home sales were at their lowest since 1995; Apple to grant third-party digital wallet providers access to its one-tap mobile payment system, E.U. says; Congress narrowly averts partial shutdown with stopgap funding bill.
Stocks rise; new unemployment claims lowest level since September 2022; mortgage rates expected to fall further; housing starts tick down.
Banks are paying more to keep deposit accounts; Humana reports higher costs, plans premium increases; unemployment claims for to 16-month low; single-family home construction declined in December.
Stocks fall; sales rise 0.6% from December; homebuilder confidence rises; mortgage applications tick up.
December retail sales rose a brisk 0.6% compared to November; CFPB proposed rules limiting bank overdraft fees; federal judge blocks JetBlue’s proposed merger with Spirit Airlines; China’s economy grows 5.2% in 2023.
Stocks fall; judge argues combination would reduce competition; Goldman Sachs profits rise on wealth management revenue; dealmaking could pick up this year.
The Justices’ decision means Apple must allow alternate in-app purchase methods on iOS devices; Ukraine’s Zelenskyy urges continued financial support; Boeing increasing Max 9 inspections.
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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