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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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Inflation picks up in March
Stocks close higher; services prices drive 12-month increases; consumer spending up in March; consumer sentiment flat so far this year.
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Inflation accelerated in March
The Fed’s preferred inflation gauge advanced 2.7% on an annual basis; Fed policymakers expected to leave interest rates unchanged next week; Global oil giants report lower profits; Capital One profits jump thanks to more interest income.
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Economy slows while inflation persists
Stocks fall; consumer spending slows from prior quarter; inflation nearly doubles fourth quarter pace; pending home sales rise.
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U.S. economic growth slowed in the first three months of 2023
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.
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Boeing revenue falls
Stocks close mixed; Boeing slows production of 737 MAX planes; mortgage rates at highest level since November; durable goods orders rise.
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TikTok divest-or-ban requirement is nearly law
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.
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