Lipper Fund Awards 2012

U.S. municipal bond funds report $698 million inflows: Lipper

- Net inflows into U.S. municipal bond funds dropped to $698 million in the week ended March 14 after reaching $1.2 billion -- the biggest inflow in more than two years -- in the previous week, according to data released by Lipper on Thursday.

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Consumer spending stalls, morale at 6-month low

WASHINGTON - Consumer spending growth ground to a halt in May as auto purchases flagged, while confidence ebbed to a six-month low in June, the latest signs of trouble for the economy.

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Traders work on the floor of the New York Stock Exchange March 9, 2009.  REUTERS/Brendan McDermid

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