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Wall Street tumbles as personal income falls - Xinhua News Agency NEW YORK, Aug. 29 (Xinhua) -- Wall Street lost some ground in morning trading Friday, as the U.S. government said personal incomes fell more than expected in July and Dell reported disappointing results. The U.S. Commerce Department reported that ... |
July consumer spending slows, inflation jumps - Reuters WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and spending slowed as the effects of government stimulus wore off and an inflation measure was at a 17-year high, a government report released on Friday showed. Personal income fell ... |
Personal income in largest drop in 3 years - CNN Money NEW YORK (CNNMoney.com) -- Personal income fell in July by the biggest drop in 3 years after surging the prior two months because of $90 billion in economic stimulus payments. The Commerce Department said Friday that individual income decreased by 0 ... |
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