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Services sector continues to expand

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Mar 5, 2024
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Episodes 181 - 190 of 432

  • Most credit card late fees to be limited to $8 or less
    Matt Cardy/Getty Images

    A Biden administration rule will impose new limits on late fees; Target reports lower sales but higher profits thanks to less discounting; Red Sea attacks continue, sinking ship; FAA says Boeing’s Max production line had multiple safety, quality failures.

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  • EU regulators fine Apple
    Mario Tama/Getty Images

    Stocks fall; fine involves Apple’s App Store and music streaming services; Fitch downgrades New York Community Bank; JetBlue and Spirit call off proposed merger.

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  • EU fines Apple $2 billion over its streaming music practices
    Emanuele Cremaschi/Getty Images

    EU says Apple behaved in anti-competitive ways; JetBlue, Spirit call off their merger plan; some OPEC+ nations further extend oil production cuts; WTO maintains moratorium on streaming content taxes.

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  • Manufacturing sector contracts in February
    Andrew Caballero-Reynolds/AFP via Getty Images

    Stocks rise; new orders decline in February; construction spending dips in January; consumer sentiment falls.

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  • IRS plans to crackdown on high earners who don’t file returns
    Scott Olson/Getty Images

    IRS says crackdown will apply to incomes of $400,000 and above; New York Community Bank in turmoil as losses mount and CEO resigns; Oprah Winfrey quits WeightWatchers; Brazil proposes global tax on super rich .

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  • Inflation remains above the Fed’s target
    Michael M. Santiago/Getty Image

    Stocks closed higher; consumer prices not including volatile categories rose 2.8% in January and incomes rose 1%; new unemployment claims rose.

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  • Inflation is getting close to the Federal Reserve’s target rate
    Spencer Platt/Getty Images

    The Federal Reserve’s preferred inflation gauge is showing further signs of easing; the Commerce Department wants to probe connected vehicles made by Chinese companies; the Transportation Department wants to make it easier to fine airlines for damaging or misplacing wheelchairs; the FAA gives Boeing 90 days to come up with new safety plan.

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  • Economic growth revised down slightly
    Drew Angerer/Getty Images

    Stocks fall; US GDP still resilient; imports rise in January; retail inventories up from last year.

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  • A handout screen grab shows Yemen's Houthi fighters' takeover a Red Sea cargo ship in November 2023.
    Houthi Movement via Getty Images

    United States, United Kingdom issue sanctions to block support for Yemen’s Houthi rebels; Google’s CEO says company working to fix AI tool Gemini, after biased responses; Starbucks, workers’ union agree to talks; the Justice Department launches antitrust probe of UnitedHealth, WSJ reports.

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