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The week ahead in business | Business

By Lonnie Domingez 2 months ago

MONDAY

  • The board of state-owned electrical power and h2o utility Santee Cooper satisfies in Pinopolis. 
  • Nike reviews quarterly financial results. 
  • Carnival Corp. reviews quarterly financial outcomes.

TUESDAY

  • The Conference Board releases the Customer Self-confidence Index for June.

WEDNESDAY

  • U.S. Commerce Division releases initial-quarter gross domestic product.
  • Common Mills experiences quarterly money benefits.
  • Mattress, Bathtub & Further than experiences quarterly financial benefits.

THURSDAY

  • U.S. Labor Department releases weekly report on unemployment added benefits.
  • Household mortgage financier Freddie Mac releases weekly home finance loan prices. Last 7 days, they continued to climb. The regular on the benchmark 30-year preset-fee mortgage edged up to 5.81% from 5.78%. The 15-calendar year household mortgage increased to 4.92% from 4.81%. Fees are up 2 percentage factors so considerably this year. That blended with fast-soaring housing selling prices “is the probable driver of recent declines in existing dwelling profits,” Freddie Mac said.
  • Walgreens Boots Alliance reports quarterly financial success.
  • Wall Avenue closes out a tumultuous second quarter that incorporated the S&P 500 slipping into bear market place territory by slipping 20% from its prior all-time substantial established in January.

FRIDAY

  • The sixth and very last increment of the South Carolina motor gasoline person tax increase can take influence to fund road development and upkeep. It will add an additional 2 cents to each and every gallon marketed, bringing the complete the state collects to 28 cents. The tax was 16 cents when the to start with maximize kicked in July 2017.

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