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Marketplace Minute

Marketplace Minute

Author: Marketplace

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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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GDP grew by a lower than expected 1.6%; Initial jobless claims fell to 207,000 last week; Pending home sales rose 3.4% in March; Meta spending on AI triggers selloff in shares.
Boeing revenue falls

Boeing revenue falls

2024-04-2401:05

Stocks close mixed; Boeing slows production of 737 MAX planes; mortgage rates at highest level since November; durable goods orders rise.
Congress passed the measure, and Biden has vowed to sign it; Tesla profit falls in Q1; Boeing reports $355 million quarterly loss; Norfolk Southern report meager profit after train derailment settlement; Visa revenues beat forecasts as consumers spent; Labor Department increases overtime eligibility.
Stocks rise; FTC says noncompete clauses suppress wages and innovation; business activity expands at a slower pace; new home sales rise.
UnitedHealth Group is reporting a potentially major hack; GM Q1 revenues rise 7.6%; PepsiCo sales rise 2% amid more price hikes; Tesla investors await details on future plans.
Stocks rise; input cost pressure eases, boosting profits; Verizon revenue ticks up; major tech companies report earnings this week.
The money is aimed at low-income and disadvantaged communities, the White House said; Senate to take up Ukraine, Israel aid bill; Boeing, PepsiCo, General Motors and other big names to release quarterly earnings this week; UBS predicts slowing earnings growth at Big Tech companies.
Stocks close mixed; Chicago Fed president says inflation progress has stalled; American Express profits rise; Netflix to stop reporting quarterly membership numbers.
The designation applies to chemicals long used in consumer goods; Israel’s credit rating gets a downgrade from S&P; France requires shrinkflation warnings; American Express profits jump on more consumer spending.
Stocks close mixed; housing inventory rises; leading economic indicators index falls; initial jobless claims unchanged.
D.R. Horton increased quarterly profit by 27%; TSMC forecasts sales increase of up to 30% on A.I. chip demand; initial jobless claims remain at a low of 212,000; U.S. investigating China’s shipbuilding industry over potential unfair subsidies.
Stocks close down; employment rises modestly; price increases in line with previous surveys; car insurance jumps over the last year.
White House says China is flooding U.S. with artificially cheap steel, aluminum; United Airlines Q1 losses less than feared; Tesla wants shareholders to reinstate Musk’s $56 billion pay package; Transportation Department to partner with states to investigate airline passenger complaints.
Stocks close mixed; Powell says it’ll take longer than expected to be confident that inflation is moving down; housing starts fall; industrial production rises.
IMF improves global economic growth forecast to 3.2%; new housing construction plummets in March; UnitedHealth beats earnings forecasts despite ransomware attack; Bank of America’s profit falls amid high interest rates.
Stocks close down; retail sales rise 0.7% from February; homebuilder confidence flat in April; investment banking revenue pushes up Goldman Sachs earnings.
Retail sales increased 0.7% in March, Commerce Department says; FBI boards cargo ship that crashed into Baltimore bridge; Goldman Sachs quarterly profits soar amid more deal making; global smartphone sales rise nearly 8%.
Stocks fall; JP Morgan CEO cites economic uncertainty; consumer confidence holds steady; import prices rise in March.
Profits rose 6% at JPMorgan Chase; BlackRock profits soar 36%; Citigroup, Wells Fargo profits decline; S&P 500 quarterly earnings expected to be up 5%.
Stocks close higher; cost of financial services, equipment wholesaling and other services rise; mortgage rates near 7%; initial jobless claims fall.
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