Retail sales plunge as autos hit hard in June
Consumers reduced spending sharply in June with retail sales dropping 0.9 percent. Auto, furniture and building supplies declined signaling weak demand amid higher prices and housing weakness. Moody's Economy chief cites cautious consumers while confidence gauges diverge, with BBC index dipping and UM/Reuters index rising on temporary gas relief.
MENTIONED IN THIS ARTICLE
NGTUN
Commerce Department
Mark Zandi
Moody's Economy.com
BBC
University of Michigan/Reuters
U.S. Troops Kill Six Iraqi Police in Eastern Baghdad
U S troops battled Iraqi police suspected of links to Shiite militias, killing six officers and seven gunmen in eastern Baghdad. The clash followed a raid that captured a police lieutenant accused of aiding Iran-backed militants.
MENTIONED IN THIS ARTICLE
Baghdad
USS
Washington
U.S
America
Iran
Spe
Mili
Pollution floats across oceans to Oregon high peak
At Mount Bachelor the air shows traces of Asian pollution despite high altitude. Dan Jaffe and colleagues measure soot and chemicals carried by wind from coal, cars, fires, and dust, noting long range transport and uncertain health impact downwind.
MENTIONED IN THIS ARTICLE
Mount Bachelor
Ore
Dan Jaffe
University of Washington- Bothell
Asia
Cascade Range
United States
China
John D. Spengler
Harvard School of Public Health
U.S. Environmental Protection ‘Agency
Bill Webrum
EPA
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Jose Padilla
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Lange Me
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IntelCenter
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