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 three-times-a day briefings from Marketplace. More than just the numbers, Marketplace brings you highlights from the most important stories about money, business and the economy. Have a minute? We’ll get you what you need. Get the Marketplace Minute, now.
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Listeners of Marketplace Minute that love the show mention: highlights, quick,Investors worry about a government shutdown; U.S. economic growth increased at an annual rate of 2.1% in the second quarter; first-time claims for unemployment benefits are up a bit less than expected; trading in shares of the troubled Chinese property developer Evergrande is suspended.
Stocks close mixed; machinery orders continue to rise; SEC warns about government shutdown risks; oil prices rise
The writers union claims key victories in streaming, AI use; durable goods orders picked up in August; Target closing nine stores due to theft, violence; Las Vegas hospitality workers authorize strike.
Stocks fall; sales are still up from a year ago; FTC, several states sue Amazon over unfair trade practices; consumer confidence falls in September
Home prices increased in July, but prices of new homes fell again in August; consumer confidence declined for the second month; most companies are not ready for ESG audits, survey finds.
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.
Prisoner swap includes transfer of Iranian oil funds; UAW talks continue amid strike.
Policymakers are meeting this week, with a decision expected Wednesday; UAW resumes contract talks with Detroit's Big Three; California suing oil companies over climate change; Yellow plans to auction off its 12,000 trucks.
Stocks close down; Biden calls for “record contracts” for striking UAW workers; Import prices rise; TikTok faces European fine.
Consumers expect inflation to be at 3.1 percent in a year, lowest expectation in more than two years; UAW strikes against Detroit Three automakers; Media companies to resume negotiations with striking writers; Apple to update software in iPhone 12 models amid radiation concern.
Stocks close higher; Arm shares rise 24% in first day of trading; UAW strike deadline looms; Mortgage rates stay above 7%.
Retail sales rose 0.6 percent in August; Wholesale prices rose 1.6 percent annually; Jobless claims remain low at 220,000; Gannett to hire reporters dedicated to covering Beyonce, Taylor Swift.
Stocks close mixed; Fed takes in inflation report; UAW negotiations ongoing; McCarthy presents plan to avoid government shutdown.
Inflation was at 0.6 percent in August, an acceleration from July; IEA predicts energy prices will remain elevated the rest of the year; Fed expected to keep interest rates steady next week; New York City, Oregon sue Fox over 2020 election lies.
Stocks close down slightly; BP's CEO steps down; Google goes to court; and Apple unveils new iPhones.
Government lawyers allege an online search monopoly; Biden administration wants changes to migrant farmworkers visa program; 2023 is already a new record for costly weather disasters; Detroit automakers and union apparently making progress, three days before potential strike.
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.
Stocks close mostly higher; job growth has been slowing; labor force participation rate rises; manufacturing activity contracts at a slower pace.
The unemployment rate rose 3.8% in August; Wage growth moderated to 0.2%; UAW files labor complaint against GM, Stellantis.
Stocks close mixed; spending on games, hobbies, restaurants rises; prices rise 3.3 percent over the last year, unemployment claims fall To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Goods prices are decreasing, while services prices are increasing; Labor Department reports 230,000 initial claims for unemployment benefits last week; Atlanta Fed's Bostic says it's time to stop interest rate hikes; U.S. government expands advanced chip export ban to parts of Middle East To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks rise; consumer spending resilient; Biden Administration proposes expanded overtime eligibility; private employers add 177,000 jobs To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Pending home sales rose in July; Idalia disrupts some oil, gas production; Raimondo says China is becoming ‘uninvestable'; U.S., European law enforcement take down malware network Qakbot To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks rise; quits rate hits pre-pandemic level; consumer confidence falls; home prices rise in June To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
The drugs cost the government nearly $51 billion; Job openings decline in July; Consumer confidence retreats in August; FDIC considers new rules for midsized banks To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks rise; US and China form new working group on trade relations; interest on Federal student loans to start accruing this week; jobs data due on Friday - August 28, 2023 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Powell, Lagarde emphasize inflation fight; U.S., China agree to further trade discussions; Detroit auto workers authorize strike; 3M near $5.5 billion settlement over earplugs, WSJ reports To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks rise; Fed says looser labor market, weaker growth needed; consumer sentiment mostly unchanged from July; Rite Aid reportedly preparing for bankruptcy To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Commerce Secretary Gina Raimondo this weekend heads to the world's second largest economy; Whirlpool agrees to fine over cooktop flaw reporting; FAA to consider tighter regulation of charter airlines; Nordstrom, Gap report 8 percent sales drop To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks fall; drop in aircraft orders push overall durable goods orders down; 30-year mortgages rise again; unemployment claims To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
The Federal Reserve chair addresses an economists' convention tomorrow; Proxy measure for business investment rises 0.5 percent; Initial unemployment claims decline to 230,000; August new vehicle sales are forecast to have increased 15 percent To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Stocks rise; services sector expands at slower pace; new home sales rise; half of CEOs think climate change is a business risk To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Google said the accusation displayed a ‘fundamental misunderstanding' of its online ad business; Foot Locker, Kohl's report shrinking quarterly sales; New home sales increased 4.4 percent in July; Hollywood writers' union dismisses latest contract offer from big studios To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices