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Business

  • World Cup defeat hurts stocks
    Argentina and Germany face off in the World Cup final on Sunday and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.
  • Big Tobacco companies in merger talks
    Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest tobacco companies. A deal between Reynolds American Inc.
  • Jobs coming to Kosciusko
    Kosciusko County will be getting a boost to its employment base after a business requested a $22 million tax abatement this week for new equipment.
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Week Ahead

Today

•U.S. stock and bond markets are closed for the Martin Luther King Jr. Day federal holiday.

Tuesday

•National Association of Realtors report on existing-home sales for December.

•House Ways and Means Committee conducts hearing on the debt limit.

Thursday

•Labor Department releases weekly jobless claims.

•Freddie Mac, the mortgage company, releases weekly mortgage rates.

•Conference Board reports on leading indicators for December

Friday

•Commerce Department reports on new-home sales for December.

•Germany’s Ifo Institute releases its monthly index of business confidence, a closely watched indicator for Europe’s biggest economy.

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