More central banks meet, but ability to pilot economies in doubt

LONDON (Reuters) - Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.

Consumer spending stalls in May, incomes up just 0.2%

WASHINGTON – U.S. consumers spent no more in May than in April after seeing almost no gain in their pay. The lack of growth in consumer spending and wages suggests that a faltering job market is slowing the economy.