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Business

  • Twitter 2Q results soar, stock flies high
    Stronger-than-expected results pushed Twitter’s stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
  • Small cars fare poorly in crash tests
    The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of “good” in new frontal crash tests.
  • US consumer confidence jumps to 90.9 in July
    U.S. consumers are more confident about the economy than they have been in nearly seven years.  The Conference Board’s confidence index rose to 90.9 in July from an upwardly revised 86.
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Week Ahead

Tuesday

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

•Commerce Department reports on new home sales for January

•Conference Board releases the Consumer Confidence Index for February

Wednesday

•Commerce Department reports on durable goods for January

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

•2013 Mobile World Congress, the world’s largest cellphone trade show

Thursday

•Labor Department releases weekly jobless claims

•Commerce Department releases fourth-quarter gross domestic product

•2013 Mobile World Congress, the world’s largest cellphone trade show

Friday

•Commerce Department releases personal income and spending for January

•Institute for Supply Management releases its manufacturing index for February

•Commerce Department releases construction spending for January

•Automakers release vehicle sales for February

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