Consumer spending fell in July for the first time in six months, but a measure of confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.
The euro was set for a seven-week slide, the longest stretch in more than a decade, as a report showed gains in consumer prices in the region slowed this month.
The Dow industrials rose in a quiet preholiday session Friday, capping their biggest monthly gain since February. The Dow Jones Industrial Average added 18.88 points, or 0.1%, to 17098.45.
Rules that will clear the way for massive oil and gas �fracking� operations to drill in Illinois have been submitted to an Illinois legislative committee for final approval.
ALBUQUERQUE - The state's largest electric utility is underestimating the costs that will be passed on to customers under a proposal to shut down part of an aging coal-fired power plant in northwestern New Mexico, according to a regulatory filing made ...