Marketplace Minute 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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Job satisfaction shows signs of slipping
Stocks rise; survey shows individual aspects of job satisfaction falling; consumers have finally spent their excess pandemic savings; Tyson profits rise.
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Red Sea shipping disruptions getting worse, Maersk says
Maersk is forecasting industry-wide capacity reduction of up to 20% for cargo shipping between Asia and Europe; Global growth in gasoline consumption is likely to slow, consulting group says; EU clears Nippon Steel’s buyout of U.S. Steel; Berkshire Hathaway trims stock holdings.
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Job gains slow down in April
Stocks rise; total number of new jobs smallest since October; wage gains slow down; services sector contracts.
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A Goldilocks jobs report
The Labor Department reports 175,000 jobs were created last month, fewer than expected: wage growth was also lower; stocks rise on the news; Treasury Secretary Janet Yellen says democracy is under threat.
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Productivity increases at slower pace
Stocks rise; compensation outpaces productivity; slowdown could push prices higher; imports fall.
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Stocks open higher
Relief on Wall Street when Fed Chair Jerome Powell says a hike in interest rates is unlikely; Labor Department data points to continuing tightness in the labor market; Peloton lays off about 15% of its workforce.