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)
Hanergy's Profit Surge Raises Valuation Concerns
23:42 - A Chinese solar company whose shares have quadrupled in the past six months is now facing questions about whether the company is overvalued. Bloomberg's Shery Ahn reports on "First Up." (Source: Bloomberg)
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