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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 0.1 percent last month after a 0.
  • Soaring stocks, dueling forecasts
    NEW YORK – Is it time to cash out of stocks?The market has nearly tripled in a little over five years, and the Standard & Poor’s 500 index closed above 2,000 for the first time on Tuesday.
  • Column: Russia sows discord in wheat market
    Wheat prices rose to the highest level in three weeks, with September wheat touching $5.62 per bushel on Friday. Longer-term, even with a worsening conflict in Eastern Europe, many analysts expect the global supply to be ample, which could prevent a
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Week ahead

Today

Institute for Supply Management releases its manufacturing index for March; Commerce Department reports on construction spending for February

Tuesday

Commerce Department reports on factory orders for February

Automakers release vehicle sales for March

Wednesday

Institute for Supply Management releases its service sector index for March

Thursday

Labor Department reports on weekly jobless claims.; Freddie Mac reports on weekly mortgage rates

Friday

Labor Department releases employment data for March

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