The Presidential Daily Brief

intriguing

  1. U.S. Consumer Spending Drops

    Call it an early frost before the holiday spending binge. Americans kept their dollars close last month, buying fewer goods and holding the line when it came to spending on services. But wages rose for the third quarter, the highest bump in more than half a dozen years. Still, economists remain hopeful that the prospect of falling gas prices will add a boost along with holiday spending. To the mall, everyone!

    Reuters

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