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More jobs needed to lift consumers, drive recovery
(AP)
AP - Faster job growth is needed to accelerate the recovery, but economists worry the government%27s July employment report won%27t show strong gains.
Summary Box: Eurozone consumers shy about spending
(AP)
AP - SPENDING SHY: Shoppers in the 16 countries that use the euro remain reluctant to spend. The EU%27s statistics office says eurozone retail sales were flat in June from May and up only 0.4 percent from the previous year. Sales in Germany and France have fallen sharply.
Consumers cut back on credit cards again in June
(AP)
AP - Consumer borrowing fell in June for a fifth straight month as households keep cutting back on credit card use. |
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