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  • Oil prices slide, despite Mideast chaos
    The price of oil fell for the ninth consecutive day Wednesday as global supplies continue to flow despite unrest in the world’s most important oil-producing region.The prolonged drop could lead to lower gasoline prices for U.S.
  • Summer box office suffers
    Hollywood’s summer at the box office isn’t just missing nearly 20 percent of last summer’s revenue. It’s lacking swagger.
  • Biomet’s earnings rebound
    Biomet Inc. on Wednesday reported preliminary fourth-quarter and full-year earnings for fiscal 2014, reflecting the Warsaw orthopedics company’s most profitable performance in years.Biomet reported annual earnings of $36.

Week Ahead


•Commerce Department reports on new home sales for December


•Commerce Department releases durable goods report for December

•Standard & Poor’s releases S&P/Case-Shiller index of home prices for November

•The Conference Board releases the Consumer Confidence Index for January

•Federal Reserve policymakers begin a two-day meeting to set interest rates


•Federal Reserve policymakers meet to set interest rates

•WellPoint Inc. reports quarterly financial results before the market open

•Chrysler reports quarterly financial results before the market opens

•Facebook Inc. reports quarterly financial results after the market closes


•Labor Department releases weekly jobless claims

•Commerce Department releases fourth-quarter gross domestic product

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

•Exxon Mobil Corp. reports quarterly financial results before the market opens


•Commerce Department reports on personal income and spending for December

•Labor Department releases the fourth-quarter employment cost index

•Economic data for December, preliminary for 2013