Personal Finance

• American households spent an average of $48,109 in 2010. A breakdown on how it was spent: Valeo Financial Advisors
• Borrowing from family to pay for college The Wall Street Journal
• U.S. consumer spending was unchanged in June, personal income rises 0.5% Bloomberg
• Recession hits Social Security benefits The Wall Street Journal

U.S. Employment

• US economy added 163,000 jobs in July, most in 5 months; unemployment rate rose to 8.3 pct. Yahoo! Finance
• How does the +163,000 jobs the U.S. economy added in July compare to previous periods. Chart since 1949: Valeo Financial Advisors

U.S. Economy

• Federal Reserve says US economy has decelerated in first half of year, takes no new steps Yahoo! Finance
• U.S. manufacturing unexpectedly contracts for second month Bloomberg

Olympics

• The economics of the country medal count at the Olympics Grantland

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