U.S. Consumer Spending Falls for First Time in 6 Months

Aug. 29 (Bloomberg) -- Consumer spending in the U.S. unexpectedly dropped in July for the first time in six months, decreasing 0.1 percent after increasing 0.4 percent in June, Commerce Department figures showed today in Washington. Incomes climbed 0.2 percent, the smallest monthly advance this year. Betty Liu and Scarlet Fu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Google Search: Crystal Ball for Election Results?
14:06 - Khosla Ventures partner Keith Rabois, Braintree head of commerce Harper Reed and Bloomberg’s Tim Higgins discuss how campaigns can use Google search data with Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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