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Services sector expands in January

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Feb 5, 2024
A construction worker nails a sign into a beam

Episodes 221 - 230 of 432

  • Another production hiccup hits Boeing’s Max jet
    Jason Redmond/AFP via Getty Images

    Boeing says improperly drilled holes could delay 737 Max production; McDonald’s sales suffer amid Middle East tensions; Parisians vote to levy $20 per hour parking fee on SUVs; Fed officials say interest rate cuts to come, but likely not soon.

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  • Economy adds 353,000 jobs in January
    Spencer Platt/Getty Images

    Stocks rise; professional and business services jobs increase; unemployment rate holds steady; consumer sentiment increases.

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  • Employers add 353,000 jobs in January
    Spencer Platt/Getty Images

    Job gains were better than expected, as the labor market continues to surprise; Big Tech companies report strong Q4 results; Exxon-Mobil and Chevron saw lower quarterly profits amid price declines; federal regulators upgrade investigation into Tesla loss of steering reports.

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  • Worker productivity rises
    Andrew Caballero-Reynolds/AFP via Getty Images

    Stocks rise; worker output outpaces hours worked; manufacturers receive more new orders; unemployment claims rise.

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  • E.U. breaks logjam, agrees to $54 billion in Ukraine aid
    Gabriel Bouys/AFP via Getty Images

    E.U. leaders overcame objections from Hungary; Medicare beginning price negotiations on 10 prescription drugs; Shell reports $28 billion profit for 2023; initial jobless claims inch up to 224,000.

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  • Federal Reserve holds interest rates steady
    Julia Nikhinson/AFP via Getty Images

    Stocks fall; Federal Reserve says lowering rates too soon runs the risk of more inflation; wages rise in 2023; private sector employment picks up.

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  • Labor costs are moderating for U.S. employers
    Scott Olson/Getty Images

    The employment cost index advanced at a slower pace in Q4 of 2023; Boeing lost $30 million in last quarter, before Alaska Airlines accident; judge rescinds Musk’s compensation deal with Tesla; Red Sea shipping disruptions to continue for months, Hapag-Lloyd says.

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  • Job openings unchanged between November and December
    Joe Raedle/Getty Images

    Stocks close mixed; quits rate falls over the last year; UPS revenue declines; IMF says global growth will pick up this year.

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  • A global ‘soft landing’ possible, IMF says
    Stefani Reynolds/AFP via Getty Images

    Global GDP forecast improves to 3.1% growth; job openings top 9 million in December; consumer confidence improves in January; home prices are up 6.6% compared to last year.

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