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Stocks close higher; FDA approves new COVID vaccines; UAW and Big Three negotiating.
The deal between the two packaged food companies is valued at $5.6 billion; Qualcomm renews agreement to provide chips to Apple; Wall Street observes September 11 anniversary; Consumer protection agency can’t police banking discrimination, federal judge rules.
Stocks rise; stock market and home values push net worth higher; credit card debt rises; UPS and FedEx will raise shipping rates.
Applications fell nearly 30 percent compared to a year ago; Kroger will pay $1.2 billion to settle opioid claims; Biden heads to G20 meeting in India; Walmart ends higher pay for some new hires.
Stocks closed mixed; FDIC says banks’ loan balances rose; China reportedly cracks down on iPhone use; new unemployment claims fall.
New applications for unemployment benefits declined to 216,000; Google to require disclosure of AI-generated political ads; Fed officials to make public remarks ahead of policy meeting; Online gig workers top 400,000,000 globally, report says.
Stocks fall; majority of service sector companies surveyed feel positive; Federal Reserve survey finds modest economic growth; exports and imports rise.
Prices come back down; the U.S. trade deficit widened in July; Kroger and Albertsons offload stores; Elon Musk reportedly borrowed from SpaceX the month he acquired Twitter.
Stocks fall; new research looks into long-term impacts of high interest rates; factory orders fall; oil prices rise.
Goldman sees less risk of a U.S. recession; UN World Food Programme to cut food aid in Afghanistan; China property developer Country Garden avoids default; Disney channels still dark on Spectrum as dispute continues.
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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