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Stocks close lower; government’s jobs tally due on Friday; imports rise slightly in October; exports fall.
The fast food giant wants to add 10,000 stores; Supreme Court justices appear unwilling to make broad changes to tax code; Hollywood actors ratify union deal with studios; British American Tobacco writes down value of cigarette brands.
Stocks close mixed; job openings fall the most in health care, social assistance; logistics sector shrinks in November; services sector expands.
There were 8.7 million job openings in October, as signs increase of labor market cooling; Supreme Court justices appear divided over Purdue Pharma settlement; Lamborghini agrees to 4-day workweek; latest Grand Theft Auto video game will not launch until 2025.
The airline will spend $2 billion on the deal if approved; factory orders fell more than 3.5% between September and October; Spotify announced layoffs impacting 17% of its workforce.
If approved, the merged airline would control more than 50% of Hawaii flights; drugmaker Roche to buy biotech startup working on obesity drugs; Spotify cuts 17% of workforce; Red Sea commercial ships attacked by Houthi rebels.
Stocks rise; manufacturing production falls; new home construction spending rises; manufacturers investing in long-run projects.
The Biden administration has released long-awaited rules limiting tax credits for certain EVs; OPEC+ extends oil output cuts; Tesla delivers long-promised pickup truck; federal judge blocks Montana’s TikTok ban.
Stocks close mixed; services spending rises while durable goods spending falls; inflation mostly flat between September and October; unemployment claims rise.
PCE price index receded to a 3% annual rate in October; continuing claims for unemployment benefits hit a 2-year high; New York Fed Chief Williams says interest rate hikes are likely done; Ford says strike cost $1.7 billion.
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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