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Business

  • Potential sale puts jobs in jeopardy
    Almost 200 jobs are in jeopardy as an Illinois-based lawn and garden company negotiates its sale, according to a filing with the Indiana Department of Workforce Development.
  • New rules on banks' risk in mortgage bonds eased
    New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending.
  • CVS tacks tobacco payment to prescription network
    First, CVS Health pulled tobacco from its store shelves. Now, it plans to make some customers think twice about filling prescriptions at other stores that still sell smokes.
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Week Ahead

Today

•Commerce Department releases durable goods for December

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

Tuesday

•Standard & Poor’s releases S&P/Case-Shiller index of home prices for November

•The Conference Board releases the Consumer Confidence Index for January

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

Wednesday

•Commerce Department releases fourth-quarter gross domestic product

Thursday

•Labor Department releases weekly jobless claims

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

•Commerce Department releases personal income and spending for December

Friday

•Labor Department releases employment data for January

•Institute for Supply Management releases its manufacturing index for January

•Commerce Department releases construction spending for December

•Automakers release vehicle sales for January

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