U.S. Consumers Keep Spending Flat as Incomes Stagnant
June saw no gain in personal spending and no income growth, signaling a weak spring recovery. Americans saved 6.4 percent of after tax income, the highest in a year, while unemployment stays at 9.5 percent as economists foresee slower growth into the second half.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Paul Dales
U.S
Capital Economics
Intel settles antitrust suit with FTC in broad agreement
The FTC ends its strongest antitrust case against Intel with a settlement that imposes a strict framework for behavior and IP deals. The deal aims to curb anti competitive practices while consumer prices for chips have fallen due to technological progress. AMD remains in separate disputes and a EU fine, with ongoing Korea and New York cases.
MENTIONED IN THIS ARTICLE
San Francisco
Federal Trade Commission
Intel Corp
Intel
FTC
Jon Leibowitz
Doug Melamed
Advanced Micro Devices Inc
AMD
Europe
South Korea
New York State
Nvidia Corp
Via Technologies Inc
Toyota posts 2Q profits of 2.2 billion dollars
Toyota Motor Corp reports a 2Q profit of 2.2 billion dollars reversing a loss a year earlier. The automaker lifts its full year forecast to 7.38 million vehicle sales and notes gains driven by a global sales rebound despite lingering recall concerns and a strong yen.
MENTIONED IN THIS ARTICLE
Tokyo
Toyota
Toyota Motor Corp
Asia
South America
General Motors Co
U.S
Chrysler
North America
Japan
Thailand
Indonesia
Europe
Greece
Billionaires pledge to give at least half wealth to charity
Berkshire Hathaway head Warren Buffett and Microsoft co founder Bill Gates lead a pledge with 40 plus wealthy signatories to donate 50 percent or more of their fortunes to charity. The list covers 13 states with plans for outreach events and discussions in China and India.
MENTIONED IN THIS ARTICLE
Seattle
Microsoft Corp
Bill Gates
Warren Buffett
Berkshire Hathaway Inc
Buffett
Bill and Melinda Gates
China
India
Gates
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
S&p
S&p MidCap
Wilshire
Russell
Stock Exchange
Nyse Amex Naspaaq
StoneEngy
ChinaNet
Priceline
WidFuels
MAG Slug
Dndreon
Owensc
MercBep
ComndSec
TOR
LeapWirlss
KenCole
MexcoEn
CharlsCole
MuellerWat
Blondert
Exceed
Raythn
Intel
BkofAm
GoldStrg
Microsoft
Motorola
Ga NwGoldg
Cisco
Pfizer
NovaGidg
PwShs
SprintNex
GranTrrag
GenElec
Nvidia
At&t Inc NY
Bob Evans
Nasd
Cedarf NY
NokiaCo NY
Cisco Nasd
Northropg NY
OwensCorn NY
Citigro Cocace NY
PaneraBrd Nasd
CocaCl NY
PepsiCo NY
CtlAir B
Pfizer NY
Crackerb Nash
PwShs Qqqnasd
DirFnBear NY
Drxfbulls NY
Prushs&p NY
DowChm NY
Qwestim NY
EMC Cp NY
RPM NY
EqtyOne NY
AschMotn Nasd
FidNatinfo NY
S&p500etfny
SaraLee NY
FirstEngy
FstMerit
Shiloh Nasd
HomeDp NY
Siriusxm Nasd
HuntBnk Nasd
Smucker NY
Ishemkts NY
Ishr2k NY
SprintNex NY
Keycorp NY
WalMart NY
Kohls NY
WayneSog Nasd
Lvsands NY
Wells Fargo NY
LibertyAcq Amnex
WendyArby NY
Limited NY
Xoma H
LincNat NY
YRC Wwd H
MGM Rsts NY
Sweet
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile
NYBT
New York Board of Trade
Sugarworld
Capincbuamlh
Cpwidgrla Mws
Eurpacgramfb
Fninva m LB
Grthama m LG
Incamera m MA
Invccoama m LB
Newpersoa m WS
WAMutInvAm_ LV
Dodge & Cox IntiStr F
Dodge & Cox Stock LV
Fidelity Contra
Fidelity
Fidelity GrowCo
Frank Temp-Franklin
Pimco TotRetAm
PIMCO
Vanguard
Morningstar
SEC
The
Associated Press
Also Mentioned on This Page
FIC
AF Bureau of Competition
Richard Feinstein
the Market IN Review
Dow Jones