Marketplace Minute

Stocks jump after Fed meeting; many Fed leaders predict interest rate cuts in 2024; producer prices unchanged; 12-year producer price gains nearing Fed’s 2% target.

PPI showed lower energy costs balanced out higher food costs; Tesla updating software in nearly all cars sold in U.S. over safety concerns; cargo ship carrying jet fuel faces missile attack; for the first time, U.N. climate summit agreement calls for reduction of fossil fuel use.

Stocks rise; lower gas prices weigh on Consumer Price Index; small business optimism declines; capital spending picks up.

The consumer price index in November was 3.1%, modestly lower; Ukraine’s Zelenskyy in Washington for more war aid; U.N. climate summit goes into overtime amid rift over fossil fuels; Hasbro cuts jobs amid toy slump.

Stocks rise; inflation expectations at lowest level since April 2021; investor group offers to buy out Macy’s; Fed holding final meeting of the year.

Fed officials are widely expected to end the year by keeping interest rates at current levels; Occidental Petroleum is buying fracker CrownRock; holiday travel to increase this year, AAA says; New Hampshire military chip factory first to get federal funding to increase capacity.

Stocks rise; health care and government employment rise the most; unemployment rate falls; consumer sentiment jumps.

Employers added 200,000 jobs in November; consumer sentiment soars 13% higher; Taylor Swift’s Eras tour has grossed $1 billion in ticket sales, Pollstar says; Biden administration grants $8 billion for passenger rail projects.

Stocks close higher; lower rates haven’t had a big impact on housing demand; unemployment claims rise; consumer credit growth slows down.

New rules would allow seizure of some drug patents if prices are too high; initial unemployment claims remained steady last week; UAW claims progress in unionization effort at VW plant; National Retail Federation retracts organized shoplifting claim.