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Business

  • SDI closes on mini-mill purchase
    Steel Dynamics Inc. has closed on the $1.625 billion purchase of a Mississippi mini-mill, officials announced today.
  • 19 deaths tied to ignitions
    DETROIT – The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company.
  • Breadstick policy seen as generous
    Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys “Italian generosity.
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Week Ahead

Today

•National Association of Home Builders releases housing market index for June.

Tuesday

•Labor Department releases Consumer Price Index for May

•Commerce Department reports on housing starts for May

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

Wednesday

•Federal Reserve policymakers meet to set interest rates, issue statement and economic forecast.

Thursday

•Labor Department reports on weekly jobless claims

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

•National Association of Realtors reports on existing home sales for May

•Conference Board reports on leading indicators for May

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