DEK: Stocks fall across the board . . . Consumer inflation moderates in latest report for August . . . Amazon will hire 125,000 for the holiday shopping season.

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This is the Marketplace Minute, I’m Mitchell Hartman.

STORY 1
A down day on Wall Street.

The Dow led the declines, falling 8-tenths percent.

The S&P 500 was down more than half-a-percent, and the Nasdaq Composite was down just under half-a-percent.

STORY 2:
The Consumer Price Index rose in August—it was up 5-point-3 percent year-over-year. That’s a slower rate of inflation than in July. Core inflation—stripping out volatile food and energy prices—rose 4-percent on an annual basis.

STORY 3:
Amazon has big hiring plans. The country’s second-biggest private employer after Walmart says it’ll hire 125-thousand additional workers before the holiday retail rush. Amazon says it’ll pay the new hires an average of more than $18-dollars-an-hour.

STORY 4 *** CUT THIS FOR DEMO PUBRADIO VERSION *** (:10)
And Comcast says it’s been adding new subscribers to its cable, internet and mobile services at a SLOWER pace than earlier this summer, and also slower than in 2019. Subscriptions ROSE earlier in the pandemic.

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I’m Mitchell Hartman with the Marketplace Minute.