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Markets inch up; Supreme Court throws wrench in Purdue Pharma bankruptcy; SEC powers limited; another AI lawsuit.
Business investment in new capital goods fell in May; continuing jobless claims rose to the highest level in almost three years; Q1 GDP growth revised higher, but still slow; Boeing sanctioned over release of Max investigation details.
Markets finish up; Amazon joins an exclusive club; Supreme Court rules for Biden; home sales slump.
June auto sales are forecast to be down as much 7%; higher interest rates and crushing debt causes chaos in Kenya; union representing film, TV crews reached labor deal with Hollywood studios; Verizon bundles streaming services to hang onto cable internet customers.
Another muddled day for Wall Street; consumer confidence weakens; Tesla and Ford issue recalls; Google’s self-driving cars expand in San Francisco.
Busy July Fourth air travel to kick off strong summer; global workforce still quitting for greener pastures; home prices continue to climb; Spain removes tax on olive oil, in inflation fight.
Mixed bag for Wall Street; RIAA alleges copyright infringement by AI; fast-fashion giant Shein may relocate IPO out of U.S.; Ozempic plant to open in North Carolina.
The Fed is scheduled to release the results of its annual bank stress tests on Wednesday; the European Union is charging Apple with antitrust violations; the Treasury Department is creating a new affordable housing fund; more U.S. car dealerships say they’re being impacted by a cyberattack.
Stocks close mostly down; The median price of existing homes keeps climbing; Four major banks need to revise their “living wills; Jet fuel production rises amid the summer travel season.
S&P Global’s flash PMI reading hits 26-month high; TikTok strikes back at U.S. divestiture law; China asks Visa, Mastercard to lower fees; campaign donations poured into presidential race in May.
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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