Reports: Job openings and labor turnover survey for October, 9 a.m.; Consumer credit data for October, 2 p.m.
Hearings: Senate Banking, Housing and Urban Affairs Committee hearing on credit unions.
Major earnings: H&R Block Inc.
Filed under: Uncategorized
Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Dec. 7, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Dec. 6, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Misc.: European Union and eurozone finance ministers open their regular monthly meeting
Integrys said to be considering bid for Nicor
From Crain’s Chicago Business | Peoples Gas parent Integrys Energy Group Inc., which owns utilities in Wisconsin, Minnesota and Michigan,parent of Peoples Gas, is considering a bid for Naperville natural-gas utility Nicor Inc. At least one out-of-state utility and possibly a private-equity firm are also kicking Nicor’s tires. Get the full story>>
Dec. 3, 2010 at 5:30 a.m.
Filed under: The day ahead in business
Reports: Employment data for November, 7:30 a.m.; ISM service sector index for November, 9 a.m.; Factory orders for October, 9 a.m.
Misc.: Investigators release preliminary report into the engine blowout on Qantas A380 over Indonesia on Nov. 4.; Spain puts in place measures aimed at preventing need for bailout.
Mortgage rates rise for 3rd consecutive week
After falling to jaw-dropping lows, home mortgage rates rose this week for the third week in a row, according to a new report today.
The rates on 30-year, fixed rate home loans rose to an average 4.46 percent with 0.8 point this week, up from 4.40 percent a week ago, according to the weekly survey by mortgage giant Freddie Mac. The increase comes after the 30-year, fixed-rate loan fell to a record low of 4.17 percent in early November. Get the full story »
Dec. 2, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Reports: Weekly jobless claims, 7:30 a.m.; Pending home sales index for October, 9 a.m.; Freddie Mac releases weekly mortgage rates; Retailers release sales data for November.
Major earnings: Kroger Co., Toll Bros. Inc.
FCC to take up net neutrality at December meeting
U.S. telecommunications regulators plan to tackle at a Dec. 21 meeting contentious Internet traffic rules intended to prohibit broadband providers from blocking or slowing some traffic.
The Federal Communications Commission announced on Wednesday a tentative agenda for its next meeting that included an order to adopt regulations “to preserve the open Internet as a platform for innovation, investment, competition and free expression.” Get the full story »
Dec. 1, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Reports: Third-quarter productivity data, 7:30 a.m.; ISM manufacturing index for November, 9 a.m.; Construction spending for October, 9 a.m.; Federal Reserve Beige Book, 1 p.m.; Automakers release vehicle sales for November.
Misc.: Deadline for the president’s debt commission to issue its report to Congress.
Nov. 30, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Reports: S&P/Case-Shiller index of home prices for September, 8 a.m.; Consumer Confidence Index for November, 9 a.m.
Major earnings: Barnes & Noble Inc.
Nov. 29, 2010 at 8:31 a.m.
Filed under: Cost of ‘12 Days of Christmas’ nears $100,000
In the unlikely event that your Christmas list this year includes every item mentioned in “The Twelve Days of Christmas,” be prepared to pay nearly $100,000.
Trying to buy the 364 items repeated in all the song’s verses — from 12 drummers drumming to a partridge in a pear tree — would cost $96,824, an increase of 10.8 percent over last year, according to the annual Christmas Price Index compiled by PNC Wealth Management. Get the full story »
Nov. 24, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Reports: Weekly jobless claims, 7:30 a.m.; Durable goods for October, 7:30 a.m.; Personal income and spending for October, 7:30 a.m.; New home sales for October, 9 a.m.; Freddie Mac releases weekly mortgage rates.
Major earnings: Deere & Co., Tiffany & Co. releases quarterly financial results.
Nov. 23, 2010 at 2:00 p.m.
Comments Off
Filed under: Fed lowers outlook for economy in 2011
Federal Reserve officials have become more pessimistic in their economic outlook through next year and have lowered their forecast for growth.
The economy will grow only 2.4 percent to 2.5 percent this year, Fed officials said Tuesday in an updated forecast. That’s down sharply from a previous projection of 3 percent to 3.5 percent
3Q GDP revised upward to 2.5%
The U.S. economy grew faster than previously estimated in the third quarter, government data showed on Tuesday, but still not enough to address stubbornly high unemployment. Gross domestic product growth was revised up to an annualized rate of 2.5 percent from 2.0 percent as exports, and consumer and government spending were stronger than initially thought, the Commerce Department said in its second estimate. Get the full story »
Nov. 23, 2010 at 5:30 a.m.
Comments Off
Filed under: The day ahead in business
Reports: Third-quarter gross domestic product, 7:30 a.m.; Existing home sales for October, 9 a.m.
Major earnings: Campbell Soup Co., Hormel Foods Corp., Medtronic Inc.
Nov. 22, 2010 at 6:02 a.m.
Filed under: Cadmium, lead found in drinking glasses
Commemorative drinking glasses in front of plastic test containers at the Toy Testing Lab, in Warwick, R.I. (AP Photo/Steven Senne)
Drinking glasses depicting comic book and movie characters such as Superman, Wonder Woman and the Tin Man from “The Wizard of Oz” exceed federal limits for lead in children’s products by up to 1,000 times, according to laboratory testing commissioned by The Associated Press.
The decorative enamel on the superhero and Oz sets — made in China and purchased at a Warner Brothers Studios store in Burbank — contained between 16 percent and 30.2 percent lead. The federal limit on children’s products is 0.03 percent. The same glasses also contained relatively high levels of the even-more-dangerous cadmium, though there are no federal limits on that toxic metal in design surfaces. Get the full story »
