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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Markets retreat as GDP shows slowing economy
Markets fell; GDP revision shows slower economy; Boeing meets with FAA on safety plan; Salesforce loses fifth of value.
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Economic growth revised down for first three months of the year
GDP grew 1.3%, as consumer spending on services held up; wholesale inventories advance 0.2%; Dollar Tree to reopen 99 Cents Only stores; initial jobless claims remain low.
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Wall Street closes lower
Oil merger mania continues; American Airlines sees a dismal summer; Pee-Wee’s house is for sale.
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Will the summer travel season be as busy as previously expected?
American Airlines has revised lower its summer forecast; ConocoPhillips to purchase Marathon Oil; China’s economic forecast gets a boost; another former FTX executive is headed to prison.
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A mixed finish on Wall Street
Consumer confidence ticked up; home prices set a record; a big oil merger gets the thumbs-up from shareholders.
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Consumer confidence recovers a little
The consumer confidence index improved after three months of decline; home prices hit another record in March; T-Mobile struck a deal to purchase much of U.S. Cellular; bond investor Gross says Trump presidency would be worse for markets.