International Business News - August http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif U.S. consumer spending rose at its fastest pace in nearly 8 years in August, advancing for a fourth straight month, according to a government report on Thursday that pointed to a rebound in spending in the third quarter. http://www.ibtimes.com/data/articleimgs/221531-shoppers-walk-with-their-purchases-in-the.jpg http://www.ibtimes.com/articles/20091001/upersonal-spending-in-august-up3-percent.htm http://www.ibtimes.com/articles/20091001/upersonal-spending-in-august-up3-percent.htm Thu, 01 Oct 2009 08:40:01 EDT Capital One Financial Corp's U.S. credit-card defaults fell in August, reinforcing signs that, despite job losses and the housing crisis, American consumers may not be in as bad shape as feared. http://www.ibtimes.com/articles/20090915/capital-one-credit-card-defaults-fall-august.htm Tue, 15 Sep 2009 08:14:27 EDT Visa Inc, the world's largest payment network, said on Monday that its U.S. payment volume had declined in August as fewer consumers used their credit cards. http://www.ibtimes.com/articles/20090914/visa-us-payment-volume-declines-august.htm Mon, 14 Sep 2009 08:21:35 EDT Most major U.S. airlines reported another month of declining traffic in August as rising unemployment hurt leisure demand and corporate cost cuts continued to hamper business travel. http://www.ibtimes.com/data/articleimgs/219787-a-delta-air-lines-jet-takes-off.jpg http://www.ibtimes.com/articles/20090904/mosts-airlines-report-traffic-declines-in-august.htm http://www.ibtimes.com/articles/20090904/mosts-airlines-report-traffic-declines-in-august.htm Fri, 04 Sep 2009 15:40:28 EDT Costco Wholesale Corp on Thursday reported a smaller-than-expected 2 percent fall in August same-store sales, in a sign that the impact of the financial crisis is waning on U.S. consumer spending. http://www.ibtimes.com/data/articleimgs/219700-.jpg http://www.ibtimes.com/articles/20090903/costco-august-same-store-sales-fallpct.htm http://www.ibtimes.com/articles/20090903/costco-august-same-store-sales-fallpct.htm Thu, 03 Sep 2009 10:00:17 EDT U.S. retailers reported August sales that showed some signs that the economic downturn was easing, but a late Labor Day holiday and muted consumer enthusiasm weighed on the key back-to-school season. http://www.ibtimes.com/data/articleimgs/219674-a-shopper-wheels-his-cart-fromcostco-wholesale.jpg http://www.ibtimes.com/articles/20090903/manys-retailers-report-lower-august-sales.htm http://www.ibtimes.com/articles/20090903/manys-retailers-report-lower-august-sales.htm Thu, 03 Sep 2009 08:24:21 EDT Bankruptcy filings by U.S. consumers rose 24 percent in August compared with a year earlier and could reach 1.4 million this year, according to an American Bankruptcy Institute and National Bankruptcy Research Center report released on Wednesday. http://www.ibtimes.com/articles/20090902/us-consumer-bankruptcies-24-percent-august.htm Wed, 02 Sep 2009 14:39:08 EDT Customers filled more prescriptions at Walgreen Co. but continued to shy away from general merchandise, with sales at stores open at least a year up just 1.9 percent in August and 2.1 percent in the drugstore chain's recently completed fiscal year. http://www.ibtimes.com/data/articleimgs/219637-.jpg http://www.ibtimes.com/articles/20090902/updatewalgreen-august-same-store-sales-rise-just9-pct.htm http://www.ibtimes.com/articles/20090902/updatewalgreen-august-same-store-sales-rise-just9-pct.htm Wed, 02 Sep 2009 11:40:47 EDT Ford Motor Cowill report a U.S. auto sales increase in August and the industry may post its first monthly year-over-year sales rise since October 2007, the automaker's chief sales analyst said on Monday. http://www.ibtimes.com/data/articleimgs/219487-.jpg http://www.ibtimes.com/articles/20090831/update-ford-us-auto-sales-rise-august-sales-analyst.htm http://www.ibtimes.com/articles/20090831/update-ford-us-auto-sales-rise-august-sales-analyst.htm Mon, 31 Aug 2009 14:50:30 EDT In late August's quiet trading, four troubled financial companies have accounted for a big piece of total volume on the New York Stock Exchange, in what one analyst referred to as a "dash for trash." http://www.ibtimes.com/articles/20090825/four-banks-dominate-august-market-dash-trash.htm Tue, 25 Aug 2009 17:27:28 EDT