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Business

  • Review: Larger iPhones eliminate reason to switch
     NEW YORK – It’s easy to dismiss Apple’s new iPhones as merely catching up to Android.
  • Alibaba poised to surge on the NYSE
      NEW YORK – Chinese e-commerce powerhouse Alibaba will say “open sesame” to the New York Stock Exchange on Friday, as its shares begin trading in a highly anticipated debut that could raise up to $25 billion.
  • 56 million at risk in data theft
    NEW YORK – Home Depot said 56 million debit and credit cards are estimated to have been breached in a data theft between April and September at its stores in the U.S. and Canada.
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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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