Consumer spending is showing its biggest increase in four months, helped by a jump in demand for automobiles. The Commerce Department says spending rose 0.4 percent in July after three lackluster months. Personal incomes were up 0.2 percent in July, less than expected but at least an improvement over June when incomes had not risen at all.
The National Hurricane Center in Miami says residents from the Carolinas north should keep a close eye on Hurricane Earl. Forecasters say Earl could become a major, Category 3 hurricane today and make it all the way to Category 4 later in the week. It could have an encounter with the U.S. coast.
It's not a pitching jam with men on base Roger Clemens is facing this time. The 7-time Cy Young Award winner is due in federal court in Washington today for arraignment on a six-count indictment charging he lied to Congress about performance enhancing drugs. He's expected to plead not guilty.
President Barack Obama has a busy week of war and peace ahead. Tomorrow, he has an oval office speech officially ending the U.S. combat role in Iraq. On Wednesday, he welcomes the Israeli and Palestinian leaders to Washington for peace talks. Direct negotiations start Thursday.
A gunman suspected of killing two of an Alaska village's four police officers is believed to be in a house surrounded by a SWAT team and dozens of other law officers. The standoff is Hoonah, an island community about 40 miles west of Juneau.