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Stocks close mixed; pending home sales down from last year; mortgage rates fall; initial unemployment claims rise.
Pending home sales were unchanged in November; Boeing urges MAX inspections over loose bolt, FAA says; senators urge Tesla to issue recalls after report of defective parts; initial jobless claims remain low, totaling 218,000 last week.
Stocks close up; NYT says AI platforms copy content without permission; small businesses unhappy with interest rates; Amazon will charge extra for ad-free video.
The Times says ChatGPT is using and copying its content without payment; Holiday spending rose 3.1%, MasterCard says; U.S. purchasing 3 million barrels of oil to replenish strategic reserve; More shipping companies are returning to the Red Sea after increased protection.
Stocks rise; home prices could rise further as mortgage rates fall; retail sales growth slows; economy still supports consumer spending.
Maersk cited a new multi-navy coalition intended to protect cargo ships; a federal judge rules X violated bonus pledge to employees; home prices rise more than 6% in October; diesel engine-maker Cummins to pay $1.7 billion fine over claims of emissions cheating.
Stocks close mostly higher; inflation slows further; capital equipment orders rise; new home sales fall.
The Fed’s preferred inflation gauge slowed to 2.6% in November; mortgage rates decline, with the 30-year fixed at 6.8%; capital goods orders jump 17% in November; more shippers say they will avoid Red Sea after missile attacks.
Stocks rise; prices up 2.6% over the previous 12 months; leading economic indicators fall; initial jobless claims rise.
More E.U. aid remains blocked by Hungary, as U.S. Congress deadlocks over further support; Red Sea missile attacks raise cargo prices by 10%; initial jobless claims total 205,000; Wells Fargo branch employees first to unionize at a major U.S. bank.
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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