WASHINGTON U.S. consumer spending in June advanced at its slowest pace in four months as demand for automobiles softened, suggesting the economy lost some momentum at the end of the second quarter.
ATHENS - Investors issued a vote of no confidence in Greece's economy on Monday, dumping Greek stocks as trading on the Athens stock exchange resumed for the first time in five weeks.
Nokia NOK -1.28 % 's digital mapping unit looks like an expensive safety feature for Germany's car makers. Audi, NSU 2.15 % BMW and Daimler on Monday emerged as victors after an intense bidding war for HERE.
The manufacturing sector expanded in July, but at a slower pace than expected, with falling oil prices continuing to drag energy-related industries, according to a survey of supply executives.
The major automakers posted strong U.S. sales performances in July, as the auto industry creeps closer to its first full year of 17 million-unit sales since before the Great Recession.