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Business

  • Homebuilders grow bullish
    U.S. homebuilders’ confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.The brighter outlook reflects growing optimism that sales will increase over the next six months.
  • Fed to keepinterest atrecord low
    WASHINGTON – The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar.
  • In Russia, oil boss's arrest like days past
    MOSCOW – The arrest of a Russian telecommunications and oil tycoon has sent shock waves through the country’s business community, with some fearing a return to the dark days of a decade ago when the Kremlin asserted its power by
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Week Ahead

Today

•National Association of Realtors reports on existing-home sales for March

Tuesday

•Commerce Department reports on new-home sales for March

Wednesday

•Commerce Department reports on durable goods for March

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

Thursday

•Labor Department reports on weekly jobless claims

•Freddie Mac, the mortgage company, reports on weekly mortgage rates

Friday

•Commerce Department releases first-quarter gross domestic product

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