Consumer Spending in U.S. Drops; Incomes Unchanged

May 31 (Bloomberg) -- Consumer spending in the U.S. unexpectedly declined in April as incomes stagnated. Household purchases dropped 0.2 percent, a Commerce Department report showed today in Washington. Incomes were unchanged and prices dropped by the most in more than four years. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Deep Dive: The Rise in Oil Short Contracts
42:09 - On today's "Deep Dive," Bloomberg's Joe Weisenthal and Alix Steel take a look at Oil short contracts and consumer confidence data. They speak on "What'd You Miss?" (Source: Bloomberg)
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