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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

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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