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Stocks close higher; UAW reaches tentative deal with GM; Biden signs executive order on AI; COVID-19 antivirals transitioning to the commercial health insurance market.
Holdout GM reached deal with autoworkers’ union this morning; COVID-19 antiviral treatments to be distributed by commercial health insurance; McDonald’s reports strong profits on promotional sales; Southwest likely to face regulatory fine over customer service failures.
Stocks close mixed; services prices rise; consumer spending stays strong; consumer sentiment falls in October.
New initiatives announced by the White House would repurpose downtown offices; Treasury Department issues sanctions to block Iran’s support of Hamas; inflation held steady in September at 3.4%; Alphabet CEO Pichai to testify in Google antitrust trial.
Stocks fall; plane tickets and health care spending picks up; durable goods orders rise; UPS lowers revenue forecast.
The GDP growth rate in the third quarter was the highest in nearly two years; federal regulators issue new rules for labeling meat products as organic; jobless claims rise to a still-low total of 210,000; UAW, Ford reach tentative labor deal.
Stocks close down; sales pick up in the South and Northeast; Alphabet profits rise; Microsoft cloud services revenue jumps.
New home sales rose to their fastest pace since February 2022; Boeing losses mount amid 737 Max production hiccups; California orders GM Cruise autonomous vehicles off roads; Alphabet’s cloud unit stumbles as Microsoft’s booms.
Stocks rise; staffing issues, food costs burden after-school meal programs; services sector expands; manufacturing demand picks up.
S&P Global reported improvements in both services and manufacturing sectors; Tesla discloses expanding Justice Department probe; fossil fuel use to peak by 2030, IEA says; UAW strikes at Stellantis Ram truck plant.
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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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