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Business

  • Barra shares plan to renew GM
    MILFORD, Mich. – General Motors CEO Mary Barra told investors Wednesday that GM plans a raft of new models and a big push to sell more cars in China to drive profits in coming years, as the biggest U.S.
  • General Mills to cut workforce
    General Mills plans to cut about 700 to 800 jobs, the second time it has trimmed its workforce in a month as the food company adjusts to a shift by U.S. consumers away from boxed and frozen meals.
  • Stocks skid on Ebola, Europe reports
    NEW YORK – It was a rough start to October for financial markets.Disappointing economic news in the U.S. and abroad drove down stocks Wednesday.
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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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