meta_pixel
Tapesearch Logo
Log in
Marketplace All-in-One

House passes $1.2T spending bill

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 22 March 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

Stocks close mixed; bill heads to Senate ahead of deadline; Chrysler lays off 400 workers; State Farm not renewing 72,000 California policies.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Marketplace Minute. I'm Justin Ho. Stocks were mixed on Friday. The Dowell fell 3 quarters percent. The S&P lost more than a tenth of our percent, but the NASDAQ rose more than a tenth of our percent, but the Nasdaq rose more than a tenth of

0:13.6

a percent. The House of Representatives passed a $1.2 trillion spending

0:18.6

package, just hours ahead of a midnight deadline. The bill now heads to the

0:22.4

Senate. Failure to pass it would result in a partial

0:25.2

government shutdown. If it passes, the bill would fund the government through the end of September.

0:30.8

Chrysler's pairing company, Stolantis, is laying off about 400 people, according to the Wall Street Journal.

0:36.0

That's about 2% of its software and engineering staff. Stilantis has been focusing more on EVs.

0:42.0

And the insurance company State Farm will not... has been focusing more on EVs.

0:43.0

And the insurance company State Farm will not renew 72,000 insurance policies in California.

0:49.0

A lot of big insurers have been pulling out of states prone to wildfires and other natural disasters.

0:54.0

I'm Justin Ho with the Marketplace Mac. You're going to.

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.