U.S. Consumer Spending Climbs as Taxes Hurt Incomes

March 1 (Bloomberg) -- U.S. household purchases, which account for about 70 percent of the economy, climbed 0.2 percent in January after a 0.1 percent gain the prior month, a Commerce Department report showed today in Washington. Incomes slumped 3.6 percent, sending the saving rate down to the lowest level since November 2007. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Flight MH370: Are Officials Close to Solving the Mystery?
44:11 - Association of Asia-Pacific Airlines Director General Andrew Herdman discusses the search for missing Malaysia Airlines flight MH370 and the debris that washed ashore on Reunion Island that could be from the missing plane. He speaks to Bloomberg’s Rishaad Salamat on “Trending Business.” (Source: Bloomberg)
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