Major retailers surprise with better-than-expected earnings - Midday - Marketplace Minute - May 18, 2021

Major retailers surprise with better-than-exp...

Up next

There’s a bit less sizzle in the labor market

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 Marc ...  Show more

Fed to wait and see on inflation

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. 

Recommended Episodes

Fannie Mae's Duncan: Home Buyers Say Good Time to Buy (Audio)
The Tape

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: FED IN FOCUS: Doug Duncan, Chief Economist for Fannie Mae, discusses their newly released consumer survey of attitudes on housing, the housing market, and implications for the Fed. Learn more about your ad-choice ...  Show more