Marketplace Minute

Stocks close higher; Moody’s warns a shutdown could impact the U.S.’s credit rating; Ford pauses battery plant construction; LEGO abandons recycled plastic plan.

Biden, Trump scheduled to visit autoworkers in Michigan; striking writers’ union has tentative deal with studios; $1.4 billion in federal funding will upgrade passenger rail service in dozens of states; Amazon invests in AI startup Anthropic.

Stocks fall; autoworkers expand strike; manufacturers are more optimistic; service sector contracts

UAW expanded strikes against Stellantis, GM and announced progress with Ford; Hollywood writers, studios continue talks; Texas judge declines to block Biden ESG rule; Amazon to start showing ads on Prime Video.

Stocks fall; existing home sales are down more than 15 percent over the last year; leading economic indicators fall; unemployment claims drop

Goldman Sachs now forecasts rate cuts in Q4 of 2024; Murdoch stepping down as chairman of Fox, News Corp; leading economic indicators index down 3.8% in six months; initial jobless claims decline to 200,000; existing home sales fall 0.7% in August.

Stocks fall; Fed chair Jay Powell wants to see more evidence that rates are restrictive enough; General Mills says sales rose.

Ford, Uniform reach deal that needs workers’ ratification; UAW says workers are now striking at an Alabama auto supplier plant; Government shutdown will likely prevent Fed rate hike in November, PIMCO says; White House launching Climate Corps jobs program

Stocks fall; apartment construction down in August; China weighs on global economic growth; Federal Reserve starts two-day meeting on interest rates.

Disney’s big on theme parks; global growth to slow.