Marketplace Minute Marketplace

Stocks close mixed; inventories higher than this time last year; rent growth outpaced wage growth since 2019; Uber, Lyft bookings rise.

Uber loses $654 million in the first quarter; Reuters reports the Justice Department is looking into whether Tesla committed wire and securities fraud; independent law firm says big changes needed at the FDIC to address widespread allegations of sexual harassment and discrimination; FTX reorganization plan that would give small investors all their money back.

 Stocks close mixed; inventory levels growing at a slower pace; consumer credit rises; TikTok sues over ban-or-sale law.

Disney lost money on streaming but, if ESPN were stripped out, Disney+ and Hulu made a profit; BP’s latest quarterly earnings are down from the previous quarter; Social Security and Medicare will run out of money in about a decade; Uber and Instacart join forces.

Stocks rise; survey shows individual aspects of job satisfaction falling; consumers have finally spent their excess pandemic savings; Tyson profits rise.

Maersk is forecasting industry-wide capacity reduction of up to 20% for cargo shipping between Asia and Europe; Global growth in gasoline consumption is likely to slow, consulting group says; EU clears Nippon Steel’s buyout of U.S. Steel; Berkshire Hathaway trims stock holdings.