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Business

  • Existing clients given top home equity deals
    WASHINGTON – “Them that's got are them that gets,” Ray Charles sang in the 1960s. That sentiment rings true today in the U.S. mortgage market.
  • Glassmaker for iPhone to cut jobs
    A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant. GT Advanced Technologies filed for Chapter 11 bankruptcy protection this month.
  • Oil price drop shakes up globe
    NEW YORK – A sudden plunge in the price of oil is sending economic and political shockwaves around the world.
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Week Ahead

Monday

•Commerce Department releases personal income and spending for March

•National Association of Realtors releases pending home sales index for March

Tuesday

•Labor Department releases the first-quarter employment cost index

•Standard & Poor’s releases S&P/Case-Shiller index of home prices for February

•The Conference Board releases the Consumer Confidence Index for April

•Federal Reserve policymakers begin a two-day meeting to set interest rates

Wednesday

•Institute for Supply Management releases its manufacturing index for April

•Commerce Department releases construction spending for March

•Federal Reserve policymakers meet to set interest rates

•Automakers release vehicle sales for April

Thursday

•Labor Department releases weekly jobless claims

•Labor Department releases first-quarter productivity data

•General Motors Co. reports quarterly financial results

Friday

•Labor Department releases employment data for April

•Institute for Supply Management releases its service sector index for April

•Commerce Department releases factory orders for March

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