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Business

  • World Cup defeat hurts stocks
    Argentina and Germany face off in the World Cup final on Sunday and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.
  • Big Tobacco companies in merger talks
    Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest tobacco companies. A deal between Reynolds American Inc.
  • Jobs coming to Kosciusko
    Kosciusko County will be getting a boost to its employment base after a business requested a $22 million tax abatement this week for new equipment.
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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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