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Business

  • OPEC seen unlikely to cut output despite oil glut
    VIENNA (AP) — OPEC oil ministers meeting in Vienna today are in a bind. Prices are plunging — and in the short term, the cartel may not be able to do much about it.
  • Toyota recalls more cars for air bag problems
    TOKYO (AP) — Toyota Motor Corp. recalled more than 40,000 vehicles in Japan today as part of a worldwide scare over defective air bags and officials are investigating a new type of air bag problem that could lead to further recalls.
  • Obama's immigration move disappoints businesses
    WASHINGTON (AP) — President Barack Obama's executive actions on immigration left out some of the business community's top priorities, disappointing business leaders who might have stepped up to defend his policies in the face of Republican
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Week Ahead

Today

•Commerce Department releases retail sales data for April

•Commerce Department releases business inventories data for March

Wednesday

•Labor Department releases the Producer Price Index for April

•Federal Reserve reports on industrial production for April

•National Association of Home Builders releases housing market index for May

Thursday

•Labor Department releases report on weekly jobless claims

•Labor Department releases Consumer Price Index for April

•Commerce Department reports on housing starts for April

Friday

•Conference Board releases leading indicators for April

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