50 episodes
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 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.
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Federal Reserve keeps interest rates unchanged
Stocks close mixed; Powell says Fed prepared to keep rates unchanged for as long as it needs to; job openings hold steady; manufacturing sector contracts.
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Job openings remain at an elevated 8.5 million
Job openings and quits changed little month over month; Fed expected to leave interest rates unchanged in anticipated announcement today; CVS Health quarterly profit halved due to Medicare Advantage costs; Amazon profits soar with more cloud computing, ad revenues.
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