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Business

  • Homebuilders grow bullish
    U.S. homebuilders’ confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.The brighter outlook reflects growing optimism that sales will increase over the next six months.
  • Fed to keepinterest atrecord low
    WASHINGTON – The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar.
  • In Russia, oil boss's arrest like days past
    MOSCOW – The arrest of a Russian telecommunications and oil tycoon has sent shock waves through the country’s business community, with some fearing a return to the dark days of a decade ago when the Kremlin asserted its power by
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Week Ahead

Today

•Federal Reserve releases consumer credit data for July

Tuesday

•Labor Department releases job openings and labor turnover survey for July

Wednesday

•Commerce Department releases wholesale trade inventories for July

Thursday

•Labor Department releases weekly jobless claims

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

•Treasury releases federal budget for August

Friday

•Commerce Department releases retail sales data for August

•Labor Department releases the Producer Price Index for August

•Commerce Department releases business inventories for July

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