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Business

  • Parts ready to fix recalled small cars, GM says
    MILFORD, Mich. – General Motors CEO Mary Barra said the company has enough parts available to fix all the faulty ignition switches that are blamed for at least 23 deaths nationwide.
  • Silverado outsells F-150 for first month since 2011
    DETROIT – Big discounts on pickup trucks kept U.S. auto sales strong in September. GM said its light-duty Silverado outsold Ford’s F-150 for the first month since 2011.
  • US construction spending down 0.8 percent
    U.S. construction spending fell in August, the second decline in the past three months, with housing, non-residential and government projects all showing weakness.
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Week Ahead

Today

•Institute for Supply Management releases its manufacturing index for June

•Commerce Department reports on construction spending for May

Tuesday

•Commerce Department reports on factory orders for May

•Automakers report on vehicle sales for June

Wednesday

•Labor Department reports on weekly jobless claims

•Institute for Supply Management releases its service sector index for June

Thursday

•U.S. stock and bond market is closed for Independence Day

Friday

•Labor Department releases employment data for June

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