Marketplace Minute

Markets mixed; Fed signals one rate cut this year; Inflation cools in May; Sony buying Alamo Draft House theater chain.

The consumer price index rose 3.3% in May; gas prices decline 9 cents in a week, AAA says; mortgage applications jump as interest rates dip; E.U. moves closer to hiking tariffs on Chinese electric vehicles.

The S&P 500 and Nasdaq closed at record highs for a second straight day; Federal Reserve governors began a two-day interest-rate-setting meeting; Apple unveiled its latest AI play.

The Small Business Optimism Index hit a high for 2024; federal agencies team up to stop illegal e-cigarette sales; Apple unveils A.I. features; GameStop stock rally appears to be ending.

Markets climb; Apple announces AI features; Activist investor shakes up Southwest; WNBA gets Caitlin Clark boost.

Latest predictions come as Fed officials prepare to meet; Nvidia completes stock split; Norway sovereign wealth fund is latest shareholder to oppose Tesla’s Musk pay; Supreme Court to hear Meta appeal of lawsuit sparked by Cambridge Analytica scandal.

Markets edge down; May jobs report shows strong growth; Emissions standards less ambitious; GameStop plunges despite meme stock attention.

The economy added 272,000 jobs in May; Fed officials to meet next week; GameStop announces quarterly sales decline; China’s exports increase.

Markets were steady; Initial jobless claims rise; European Central Bank lowers rates; AI companies investigated.

The U.S. added a record amount of new solar energy generation, an industry report says; European Central Bank lowers its key interest rate; initial jobless claims inch up to 229,000; Nvidia overtakes Apple as second most valuable company in the world.