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Business

  • Developer buys lake resort
    A developer known for its senior citizen complexes has invested $6 million to acquire a Kosciusko County lakeside resort.
  • Food stamp cuts at center of farm bill debate
    Food stamps have overshadowed agriculture policy in congressional debate over a five-year farm bill.
  • Fed to keep its stimulus effort going
    Chairman Ben Bernanke told Congress on Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.
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Week Ahead

Tuesday

•Commerce Department releases durable goods report for October

•Standard & Poor’s releases S&P/Case-Shiller index of home prices for September and the third quarter

•The Conference Board releases the Consumer Confidence Index for November

Wednesday

•Commerce Department releases new home sales report for October

•Federal Reserve releases Beige Book

Thursday

•Labor Department releases weekly jobless claims report

•Freddie Mac, the mortgage company, releases weekly mortgage rates

•Commerce Department releases third-quarter gross domestic product report

•National Association of Realtors releases pending home sales index for October

Friday

•Commerce Department releases personal income and spending reports for October

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