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June 16, 2015: A look at CBSN's business headlines

September, Goldman Sachs is creating a new consumer lending unit, and Gap is closing 175 stores in the U.S.
#CBSNBusiness: June 16, 2015 01:12

Fed watch. The Federal Reserve begins its two day policy meeting Tuesday morning. Investors will be looking for any decision about interest rates. Most analysts expect that the first rate hike will be in September.

New lending option. Goldman Sachs (GS) is creating a new consumer lending unit. It will offer loans to ordinary Americans through a website or a mobile app.

Closing the gap? Gap (GPS) is closing 175 of its stores in the U.S. and cutting 250 jobs at its California headquarters. Gap was once the go-to for khaki pants and scoop neck tops, but sales have slumped in recent years.

Shrinking lineup. Honda has stopped selling two versions of its popular Civic compact car -- the gas electric hybrid and the natural gas powered car. The company says sales are slowing as gas prices fall.

Tortilla experiments. Chipotle is on a mission to make the perfect tortilla. Right now, the chain is experimenting with a recipe that has only four ingredients: Whole wheat flour, water, oil and salt.

Look West! A study looked at more than a million tweets to see what Americans are saying about their jobs. Eight of the ten top states where people love their jobs are in the western U.S.

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