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)
Aetna to Buy Humana for $37 Billion
43:40 - Bloomberg's Francine Lacqua and Manus Cranny report on today's "Top Headlines." They speak on Bloomberg Television's "The Pulse." (Source: Bloomberg)
  • No Single Personality Can Unite Greece Now: Michaletos
  • Global Stock Market Still in Pretty Good Shape: Gilbert
  • Greek 'No' Vote Would Make Euro Exit Likely: Nakisa