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Stocks rise; The Conference Board expects brief recession early next year; loan application rates fall; mortgage rejection rates lower than last year.
The interim CEO is promising an investigation over previous CEO’s firing; GM Cruise CEO resigns after safety pause; parcel carriers have enough capacity for holiday shipping, analytics firm says; SpaceX spacecraft fails in second test.
Stocks rise; apartment buildings push up housing starts; Apple will change the way iPhone users message with Android phone users; employers’ medical costs may rise next year.
New diabetes drugs that aid in weight loss are ballooning employers’ health costs, report finds; new home construction rose 2% in October; UAW members are in favor of contract deals with Detroit’s Big Three; IBM suspends ads on X after report of antisemitic, pro-Nazi content.
Stocks close mixed; grocery, Walmart says pharmacy sales rise; import prices fall in October; homebuilder confidence could pick up.
The Senate approved a Republican plan to temporarily extend government funding; Walmart reports $450 million profit in third quarter; unemployment benefit claims inch up to 231,000; Biden, Xi summit produces crackdown on Chinese chemical companies providing fentanyl precursors.
Stocks rise; retail sales fall for the first time in seven months; Target sales dip while profits rise; producer prices fall.
Producer prices fall by the most in three years; retail sales pull back in October; Target forecasts muted holiday shopping; Tesla can ban union shirts, appeals court rules.
October’s CPI held steady; President Joe Biden and Xi Jinping prepare to meet; USPS reports large losses.
The Labor Department’s consumer price index showed no monthly change; energy prices to remain volatile, IEA forecasts; U.S., U.K. issue new economic sanctions targeting Hamas funding; Home Depot projects falling sales in 2023.
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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