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Stocks rise; Rite Aid will close some stores; Lululemon Athletica will join the S&P 500; housing data due this week.
Company earnings so far show 84% beat estimates, according to FactSet; WSJ survey finds recession risk below 50%; Rite Aid files for bankruptcy protection; Swift concert film makes record debut.
Stocks close mixed; JP Morgan setting aside less cash to cover bad loans; consumer sentiment declines; import prices rise slightly.
Citibank, Wells Fargo, JPMorgan Chase report higher quarterly profits; EU officially asks info from X about misinformation, hate speech moderation; Microsoft closes Activision Blizzard deal.
Stocks fall; rent and gasoline push up consumer prices; Social Security benefits to rise by less than last year; new jobless claims unchanged from prior week.
Core consumer prices, excluding volatile categories, rose at their slowest pace in two years; Social Security benefits to increase 3.2% next year; Delta’s profits soar after increasing passenger capacity; Walgreens books $3.1 billion fiscal year loss.
Stocks rise; core producer price inflation slows; FOMC participants predict flat unemployment rate; economic outlook remains uncertain
European Union says misinformation, pro-Hamas posts are illegal; wholesale prices rise by 0.5% in September; Exxon Mobil buys shale oil giant Pioneer for $60 billion; federal agencies announce new efforts to reduce consumer fees.
Stocks rise; businesses point to inflation, tight labor market; PepsiCo profits rise; wholesale inventories tick down.
IMF’s latest forecast is for the global economy to grew 2.9%; Pepsico boost earnings by raising prices, plans more hikes; Fed members say interest rates may be unchanged next month; Canadian auto workers at GM plants go on strike.
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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