Economy

Fourth austerity package in seven months raises sales tax to 21% from 18%.

Overtime, cheaper gas and lower debt service obligations should all support spending.

Overtime, cheaper gas and lower debt service obligations should all support spending.

JPMorgan, BlackRock shut European funds to new investments after ECB rate cut.

JPMorgan, BlackRock shut European funds to new investments after ECB rate cut.

Some manufacturing jobs may be returning to U.S., but not a lot.

Some manufacturing jobs may be returning to U.S., but not a lot.

Biggest decline in 19 months led by plunge in non-financial company issuance.