Marketplace Minute

Stocks fall; housing inventory up compared to the same time last year; mortgage applications tick down; consumer confidence rises.

Existing home sales climbed 0.8% in November; IRS is waiving penalties for taxes owed for years 2020, 2021; U.S. Bank to pay $36 million over unemployment benefit payment freezes; hackers acquired Comcast Xfinity customer data.

Stocks rise; housing starts are up across the country; Google to pay $700 million in antitrust settlement; Southwest and pilots union reach deal.

Goldman Sachs expects stock market to rise in 2024, while Bank of America says interest rates will decline; single-family housing starts increased 18% in November; the average starting wage hit $79,000; standard-setting body picks Tesla’s EV-charging method.

Stocks close mostly higher; homebuilders are more confident as mortgage rates fall; Apple halts sales of two of its newest smartwatches; Nippon Steel will buy U.S. Steel.

The deal is valued at nearly $15 billion; Red Sea shipping disrupted by attacks; U.S. safety regulators probe reported Nissan engine failures; Iran gas stations taken down by cyberattack.

Stocks rise; auto manufacturing rebounds after strike resolution; services sector activity picks up; hiring quickens in December.

The average interest rate on a 30-year home loan fell just below 7%; Fed’s Williams says talk of rate cuts is premature; officials order rebates on 48 injectable drugs deemed overpriced; Costco sales soar as shoppers seek discounts.

Stocks close up; retail sales up 3.1% over the last year; mortgage rates fall below 7%; unemployment claims fall.

Retail sales rose 0.3% in November; Fed officials signal likely rate cuts in 2024; import prices declined 0.4% in November; initial jobless claims fell to 202,000.