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Stock markets close higher; Americans’ financial well-being remains steady; Layoffs at Pixar; Feds to sell off a gasoline stockpile in the Northeast.
Fed Governor Christopher Waller basically rules out an interest rate hike; a change at the top of the FDIC; Treasury Secretary Janet Yellen tries to convince U.S. allies to use seized Russian assets to help Ukraine; Macy’s reported its latest quarterly earnings today.
Markets were mixed; Investors eye tech stocks this week as Microsoft announces AI computer; Cruise stocks are smooth sailing; Weight loss drugs boost online pharmacy service.
China aims sanctions at the U.S.; Senate report finds carmakers used parts from a banned supplier; Target cuts prices; Red Lobster files for bankruptcy.
Stocks close mixed; UAW’s unionization efforts have been mixed; Conference Board points to weak consumer outlooks, factory orders; index of current economy improved in April.
The Conference Board’s forward-looking index falls; Reddit reaches a deal with OpenAI; China puts out a housing market rescue plan; Chevy Bolt owners are in line for settlement money.
Stocks fall; monthly increase biggest since March 2022; housing starts rise; initial jobless claims fall.
Housing starts rise; manufacturing output falls; initial jobless claims decline; Netflix buys the rights to Christmas Day NFL games.
Stocks rise; inflation remains above Federal Reserve’s target; retail sales flat in April; homebuilder sentiment declines.
Consumer prices rose at an annual rate of 3.4%, a small decrease from March; retail sales were flat in April, as bargain-hunting shoppers held back; Justice Department says Boeing has breached deferred prosecution agreement; IEA trims global oil demand growth forecast.
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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