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Economic agenda: Wednesday, Aug. 4, 2010

At 8:15 a.m. -- Payroll services firm ADP releases its monthly report on private-sector employment in the United States.

At 10 a.m. -- The Institute for Supply Management releases its index of service sector activity. Economists surveyed by Bloomberg are expecting a slight decline, though the sector overall is still predicted to be in expansion mode.

At 10 a.m. -- The Federal Trade Commission makes an announcement about its antitrust inquiry regarding Intel.

At 10 a.m. -- The Senate Environment and Senate Oversight committees hold a joint hearing on the use of chemical dispersants in combating the BP oil spill. EPA officials and academics are among those scheduled to testify.

At 11:30 a.m. -- The Treasury Department holds a conference call to discuss foreclosure prevention efforts in several hard-hit states. Assistant Treasury Secretary for Financial Stability Herb Allison will be on the call.

At 4 p.m. -- Treasury Secretary Timothy F. Geithner speaks on the economic recovery and the Obama administration's approach to tax policy.

By Mike Shepard  |  August 4, 2010; 5:38 AM ET
Categories:  *Economic agenda  
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Next: Morning briefing: World markets mostly fall


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