August | featured news

The August data from a home price index suggested that a housing recovery is taking hold.

The US trade deficit shrank in August as the weak dollar boosted exports, according to the Commerce Department.

Propelled by the auto rebate program, consumer spending rose sharply in August, but personal incomes lagged.

Orders for goods expected to last at least three years fell unexpectedly in August due mainly to a sharp drop in demand for commercial aircraft.

U.S. auto sales boomed in August as consumers burned through $3 billion in government incentives, leaving automakers to contend with both inventory shortages and uncertain demand in the months ahead.

"McDonald's is jumping on board. According to Crain's, "The fast-food giant will begin rolling out the long-awaited Angus burger nationally by August ... A company memo indicates McDonald's also plans to feature the new sandwich in its Monopoly promotion in October."