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Business

  • Consumer spending drops as car sales stall
    WASHINGTON – U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed. Consumer spending edged down 0.
  • Soaring stocks, dueling forecasts
    NEW YORK – Is it time to cash out of stocks?
  • Ford's sleek new pony off and running
    Ford began production of the all-new 2015 Mustang on Thursday, and if it sells well the Flat Rock, Michigan, assembly plant could add a third shift.There are some hurdles to overcome first.
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Week Ahead

Tuesday

•Labor Department reports on job openings for December

Wednesday

•Commerce Department releases retail sales data for January

•Commerce Department reports on business inventories for December

Thursday

•Labor Department reports on weekly jobless claims

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

Friday

•Federal Reserve reports on industrial production for January

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