This week in business

Monday

• Fed Bank of Kansas City President Thomas Hoenig speaks on monetary and economic policy in Denver
• Rep. William M. “Mac” Thornberry, R-Texas, speaks on the state of cybersecurity at the National Press Club
• BellSouth issues quarterly report
• Economic indicators: Existing home sales (June)

Tuesday

• Lockheed Martin issues quarterly report
• Economic indicators: New home sales (June)

Wednesday

• Comcast issues quarterly report
• Economic indicators: Durable goods orders (June)

Thursday

• Town hall meeting on U.S. investment in cybersecurity research and development occurs at the Washington Convention Center
• Federal Communications Commission examines a la carte programming services.
• Economic indicators: Initial jobless claims

Friday

• Federal Communications Commission has a roundtable discussion on migration to Internet-based communications
• Economic indicators: Gross domestic product (second quarter).

Gasoline prices dip

Gasoline prices dropped slightly in the past two weeks as refineries finished projects that had been limiting production, an industry analyst said Sunday.

The weighted national average price for all grades of gasoline fell a little less than a penny between July 9 and Friday to $1.95 per gallon, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey out of Camarillo, Calif. The survey polls nearly 8,000 gas stations across the United States.

Gas prices have declined since peaking at $2.10 a gallon May 21.