1. Money

    Consumer Spending Jumps in August

    FILE-In this Monday, Sept. 24, 2012, file photo, a man changes fuel prices at a ConocoPhillips gas station in Little Rock, Ark. The price of oil fell to its lowest point in nearly two months Tuesday as persistent worries about the global economy overshadowed encouraging reports about U.S. consumer confidence and housing prices.  (AP Photo/Danny Johnston)

    Danny Johnston / AP Photo

    The bad news from the Commerce Department’s latest report is that wages aren't growing quite as quickly as everyone would hope. The good news is that spending is up anyway, rising 0.5 percent in August—the biggest jump since February. Still, analysts worry that the rise isn’t sustainable, since consumers were dipping into their savings to make the purchases, and a good chunk of the spike may be attribute to higher gasoline costs.

    Read it at MarketWatch