Marketplace Minute

The producer price index increased 0.2%; economists worried Trump will worsen inflation, WSJ survey finds; PepsiCo, Conagra signal limits to price increases; IMF predicts Fed rate cuts by end of year.

Markets close mixed; PepsiCo blames “price conscious” shoppers for falling sales; Mortgage rates tick down; GM will retool a Michigan plant for EVs, with federal help.

The consumer price index fell 0.1% between May and June; initial jobless claims remain low at 222,000; Biden administration to distribute $1.7 billion to modernize old auto plants; Apple to open Apple Pay to competitors in two weeks.

Stocks close higher; Powell says the election won’t impact rate decisions; Wholesale inventories rise; Intuit pivots to AI.

The tariffs cover steel and aluminum shipped from Mexico, but made elsewhere; Powell opens door to interest rate cuts; Microsoft leaves OpenAI board; Samsung workers in South Korea go on strike.

Markets mixed; Powell says labor market has cooled; Drug middlemen under fire; Non-alcoholic beer brand doubles in value.

A measure of small business optimism hit its highest point of the year in June; Hurricane Beryl leaves Texas oil infrastructure largely unscathed; Purdue Pharma creditors ask for authorization to sue Sackler family members; Boeing 737 planes to be inspected for potential faulty oxygen mask systems.

Markets hit new highs; Markets anticipate inflation data; Corning pops on AI strength; TSA screens record number passengers.

Boeing deal covers conduct before Max crashes; Texas ports, oil platforms close as Hurricane Beryl strikes; Skydance, Paramount agree to merger; France, Britain elect left-leaning leaders promising economic improvements.

Markets hit new highs; Unemployment rose to 4.1% in June; Fed report emphasizes independence; Air travel complaints rise.

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marcus Group.

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on.

A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May.

Markets hit new highs; Fed Chair says more cooling needed before rate cut; Google’s emissions grew 50% since 2019; FTC blocks mattress deal.

Job openings rose to 8.1 million; American Airlines pledges to buy hydrogen-electric engines; Redbox parent company files for bankruptcy protection; Google to require ID of  political ads that use AI content.

Markets up; SCOTUS asks lower courts to review Florida and Texas social media laws; Manufacturing contracts again; Roaring Kitty sued.

Global reinsurance rates are declining, which could save home insurers money; Boeing to recombine with Spirit Aerosystems; California law to take effect in effort to track gun purchases; major banks hike dividends after passing Fed stress tests.

Markets slip; Supreme Court curtails federal agencies; Nike takes a hit; Tractor Supply ditches DEI.

The Fed’s preferred inflation gauge shows 2.6% annual gain, getting closer to the target 2%; inflation, economy were big topics in last night’s debate, with both Trump and Biden claiming successes; debate response muted in overseas markets; federal judge levies nearly $5 billion in antitrust damages against NFL.