Why Is U.S. Consumer Spending Stalling?

Sept. 28 (Bloomberg) -- Consumer spending in the U.S. barely rose in August after adjusting for inflation, showing the economic expansion is struggling to gain momentum. Michael McKee reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

U.S. Jobs Data Not a Bust: CIBC's Mendes
34:55 - Royce Mendes, Director & Senior Economist at CIBC World Markets joins Bloomberg TV Canada's Rudyard Griffiths to discuss what the latest U.S. economic data means for the prospect of a rate hike from the Federal Reserve. (Source: Bloomberg)
  • Oil Prices Up to $45 'Already Priced into Loonie'
  • Can Trump Win the Silicon Valley Vote?
  • Incoming FireEye CEO: Extortion Is on the Rise