* Microsoft’s first quarter results are due, a day after its much-heralded launch of Windows 7.
* Sales of previously owned homes likely rebounded in September after a surprise fall in August, boosted by a government incentive for first-time buyers, low prices and mortgage rates, according to a Reuters poll.
* Friday is the deadline set by Manhattan federal court for Dalton Chiscolm, who sued Bank of America, the largest U.S. bank and its board, demanding “1,784 billion, trillion dollars” to explain the basis for his claims, or else see his complaint dismissed.
* Leaders of the Group of 20 countries meet in Pittsburgh, their third gathering since the collapse of investment bank Lehman Brothers a year ago.
Sales of existing homes probably rose to their highest level in 10 months in July, according to a Reuters poll, as buyers rushed to take advantage of a tax credit for first-time homeowners.
Policy-makers from around the world are in Jackson Hole, Wyoming for the Kansas City Federal Reserve’s yearly conference. Fed Chairman Ben Bernanke takes the podium at 10:00 a.m. EDT to share his thoughts on how sustainable the recent economic recovery is.
GM’s board of directors is expected to address the sale of Opel and aims to recommend one of two competing bids for the German unit.