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Personal Income & Outlays: In June, real consumer spending was flat to May; Personal income increased 0.4% in June & May: wages & salaries rose 0.2%; Current-dollar DPI, after-tax income, increased 0.5%; Real DPI (adjusted for taxes & inflation), increased 0.2% and Real PCE was flat. PCE prices up 0.2%. Personal saving rate was 4.8% vs. 4.6% in May
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.