Rising prices blunt impact of stimulus payments in June
Rising prices and weak wage growth muted the effect of government stimulus payments in June. Commerce Department data show consumer spending fell after price hikes in food and energy, with incomes barely rising and inflation surging.
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Nissan to discourage lead feet with ECO Pedal and crash free prototype
Nissan Motor Co. will offer cars that push back when drivers speed and unveiled a collision free prototype with back and side sensors that alarm and brake to avoid collisions. The ECO Pedal increases pedal resistance for speeding drivers and can boost fuel efficiency by 5 to 10 percent. The system uses a dashboard meter and can be turned off. Nissan aims to cut traffic accidents and injuries in Japan by 2015 from 1995 levels.
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