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.
Marketplace / Westwood One Podcast Network
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Listeners of Marketplace Minute that love the show mention: highlights, quick,The Marketplace Minute podcast is an exceptional resource for business owners and investors looking to stay updated on the latest news. With its concise format and quick delivery, it allows listeners to obtain information efficiently without sacrificing depth. This podcast truly stands out in its ability to provide valuable insights in a short amount of time.
One of the best aspects of The Marketplace Minute is its format, which allows listeners to get their information quickly. Each episode covers multiple news stories, providing a brief summary and analysis of each one. This approach ensures that listeners are well-informed without having to spend hours listening to long episodes. This efficient format is particularly appreciated by busy individuals who need reliable news sources but don't have much time to spare.
Additionally, the hosts of The Marketplace Minute are highly skilled at delivering the news concisely and effectively. Their ability to provide clear and succinct summaries of complex topics is impressive. Through their concise delivery, they manage to capture the key points of each story without overwhelming the listener with unnecessary details. This makes for a pleasant listening experience and ensures that listeners can easily grasp the main takeaways from each news item.
However, one downside of this podcast is that because it focuses on delivering quick highlights, some topics may not be covered in as much depth as some listeners may prefer. While this format works well for providing an overview of current events, those seeking more detailed analysis may find themselves wanting more. It's important for listeners to keep in mind that The Marketplace Minute serves as a first-level news resource rather than a deep dive into every single topic.
In conclusion, The Marketplace Minute is an excellent podcast for business owners and investors looking for a fast-paced yet informative source of news. Its efficient format provides quick highlights while maintaining enough depth to deliver valuable insights. The hosts' concise delivery adds further value by ensuring clear understanding of complex topics within a limited timeframe. While it may not offer exhaustive coverage on every subject, it serves as an excellent first level news resource for those looking to stay informed.
The producer price index declined for the third straight month; Biden administration moves up student loan cancellations under new repayment plan; FAA to increase scrutiny of Boeing.
Stocks close flat; inflation up 3.5% over the last year; rent inflation data could lag behind actual rent slowdown; unemployment claims fall slightly.
The consumer price index rose to an annual gain of 3.4%; jobless claims fell to 202,000; SEC reluctantly approves bitcoin ETFs; natural gas producers Chesapeake, Southwestern announce merger deal.
Stocks rise; interest rates will likely have to stay high for “some time”; Amazon announces layoffs in streaming and studios division; wholesalers inventories fall.
A World Economic Forum report says false and misleading information is the biggest short-term economic risk; the SEC investigates a hack of its official account on X; CES gets underway in Las Vegas.
Stocks close mixed; labor rule meant to combat worker misclassifications; imports fall in November; exports fall as well.
Labor Department unveils new rules to protect gig workers, require new benefits; United, Alaska find loose bolts in Boeing 737 Max 9 planes; VW, Mercedes-Benz unveil AI-powered assistants in vehicles.
Stocks climb; delinquencies are ticking up; inflation expectations fall; spending expectations grow at slower pace.
Stocks open mixed as Dow component Boeing tumbles; Congressional negotiators reach a spending deal; China sanctions U.S. defense contractors.
Stocks rise; job gains outpace November's; wage gains outpace inflation; service sector expands.
Job growth was better than expected in December; average hourly earnings grow 4.1%, outpacing inflation; services sector slows as consumers shift spending; FDA approves Florida plan to import Canadian prescription drugs.
Bankruptcies rose 18% in 2023; Red Sea attacks are causing spikes in transport costs; private employers added 164,000 jobs in December; Carrefour supermarket chain pulls PepsiCo products due to price increases.
Stocks fall; job openings have been falling over the last two years; Fed minutes show members think interest rates are at or near peak; manufacturing sector contracts.
November job openings totaled 8.8 million, little changed from October; Richmond Fed's Barkin says no timetable for rate cuts; Maersk, Hapag-Lloyd pause Red Sea shipping again; Buffett tops list of charitable giving in 2023.
Stocks close lower; manufacturing construction up almost 60% year-over-year; manufacturers' orders fall; optimism rises.
Barclays says Apple sales are likely to be sluggish; many EVs lose $7,500 tax credit; McKinsey agrees to near $80 million opioid settlement; nearly half the states implement minimum wage increases.
Falling oil prices, the pros and cons of L.E.D. bulbs, and the bumpy road to rooftop solar power took the top three spots.
S&P 500 is set for a gain of almost 25%; Nvidia stock this year benefited from AI excitement; mortgage rates fall to 6.6%, Freddie Mac says; U.S. extending tariff suspension on EU metal imports.
Stocks close mixed; pending home sales down from last year; mortgage rates fall; initial unemployment claims rise.
Pending home sales were unchanged in November; Boeing urges MAX inspections over loose bolt, FAA says; senators urge Tesla to issue recalls after report of defective parts; initial jobless claims remain low, totaling 218,000 last week.
Stocks close up; NYT says AI platforms copy content without permission; small businesses unhappy with interest rates; Amazon will charge extra for ad-free video.
The Times says ChatGPT is using and copying its content without payment; Holiday spending rose 3.1%, MasterCard says; U.S. purchasing 3 million barrels of oil to replenish strategic reserve; More shipping companies are returning to the Red Sea after increased protection.
Stocks rise; home prices could rise further as mortgage rates fall; retail sales growth slows; economy still supports consumer spending.
Maersk cited a new multi-navy coalition intended to protect cargo ships; a federal judge rules X violated bonus pledge to employees; home prices rise more than 6% in October; diesel engine-maker Cummins to pay $1.7 billion fine over claims of emissions cheating.
Stocks close mostly higher; inflation slows further; capital equipment orders rise; new home sales fall.
The Fed's preferred inflation gauge slowed to 2.6% in November; mortgage rates decline, with the 30-year fixed at 6.8%; capital goods orders jump 17% in November; more shippers say they will avoid Red Sea after missile attacks.
Stocks rise; prices up 2.6% over the previous 12 months; leading economic indicators fall; initial jobless claims rise.
More E.U. aid remains blocked by Hungary, as U.S. Congress deadlocks over further support; Red Sea missile attacks raise cargo prices by 10%; initial jobless claims total 205,000; Wells Fargo branch employees first to unionize at a major U.S. bank.
Stocks fall; housing inventory up compared to the same time last year; mortgage applications tick down; consumer confidence rises.
Existing home sales climbed 0.8% in November; IRS is waiving penalties for taxes owed for years 2020, 2021; U.S. Bank to pay $36 million over unemployment benefit payment freezes; hackers acquired Comcast Xfinity customer data.
Stocks rise; housing starts are up across the country; Google to pay $700 million in antitrust settlement; Southwest and pilots union reach deal.
Goldman Sachs expects stock market to rise in 2024, while Bank of America says interest rates will decline; single-family housing starts increased 18% in November; the average starting wage hit $79,000; standard-setting body picks Tesla's EV-charging method.
Stocks close mostly higher; homebuilders are more confident as mortgage rates fall; Apple halts sales of two of its newest smartwatches; Nippon Steel will buy U.S. Steel.
The deal is valued at nearly $15 billion; Red Sea shipping disrupted by attacks; U.S. safety regulators probe reported Nissan engine failures; Iran gas stations taken down by cyberattack.
Stocks rise; auto manufacturing rebounds after strike resolution; services sector activity picks up; hiring quickens in December.
The average interest rate on a 30-year home loan fell just below 7%; Fed's Williams says talk of rate cuts is premature; officials order rebates on 48 injectable drugs deemed overpriced; Costco sales soar as shoppers seek discounts.
Stocks close up; retail sales up 3.1% over the last year; mortgage rates fall below 7%; unemployment claims fall.
Retail sales rose 0.3% in November; Fed officials signal likely rate cuts in 2024; import prices declined 0.4% in November; initial jobless claims fell to 202,000.
Stocks jump after Fed meeting; many Fed leaders predict interest rate cuts in 2024; producer prices unchanged; 12-year producer price gains nearing Fed's 2% target.
PPI showed lower energy costs balanced out higher food costs; Tesla updating software in nearly all cars sold in U.S. over safety concerns; cargo ship carrying jet fuel faces missile attack; for the first time, U.N. climate summit agreement calls for reduction of fossil fuel use.
Stocks rise; lower gas prices weigh on Consumer Price Index; small business optimism declines; capital spending picks up.
The consumer price index in November was 3.1%, modestly lower; Ukraine's Zelenskyy in Washington for more war aid; U.N. climate summit goes into overtime amid rift over fossil fuels; Hasbro cuts jobs amid toy slump.
Stocks rise; inflation expectations at lowest level since April 2021; investor group offers to buy out Macy's; Fed holding final meeting of the year.
Fed officials are widely expected to end the year by keeping interest rates at current levels; Occidental Petroleum is buying fracker CrownRock; holiday travel to increase this year, AAA says; New Hampshire military chip factory first to get federal funding to increase capacity.
Stocks rise; health care and government employment rise the most; unemployment rate falls; consumer sentiment jumps.
Employers added 200,000 jobs in November; consumer sentiment soars 13% higher; Taylor Swift's Eras tour has grossed $1 billion in ticket sales, Pollstar says; Biden administration grants $8 billion for passenger rail projects.
Stocks close higher; lower rates haven't had a big impact on housing demand; unemployment claims rise; consumer credit growth slows down.
New rules would allow seizure of some drug patents if prices are too high; initial unemployment claims remained steady last week; UAW claims progress in unionization effort at VW plant; National Retail Federation retracts organized shoplifting claim.
Stocks close lower; government's jobs tally due on Friday; imports rise slightly in October; exports fall.
The fast food giant wants to add 10,000 stores; Supreme Court justices appear unwilling to make broad changes to tax code; Hollywood actors ratify union deal with studios; British American Tobacco writes down value of cigarette brands.