U.S. economic growth slows to 1.1% in first three months of 2023 - Midday - Marketplace Minute - April 27, 2023

U.S. economic growth slows to 1.1% in first t...

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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. 

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On today's podcast:
(1) UK GDP predicted to stay below pre-pandemic levels until 2024.

(2) Britain's electoral register hit by a cyber-attack, but no one noticed for 15 months.

(3) Th ...

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