DUBAI, United Arab Emirates (AP) — After more than seven months behind bars in an Iranian prison, detained Washington Post correspondent Jason Rezaian has for the first time been allowed to hire a defense lawyer, according to his family.
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline. Other data on Monday showed factory activity slowed in February and construction spending declined sharply in January, adding to signs that economic growth moderated early in the first quarter. All the gas savings are ending up at the bank rather than being spent," Thomas Costerg, an economist at Standard Chartered Bank in New York. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, slipped 0.2 percent after falling 0.3 percent in December. The January dip reflected lower gasoline prices, which weighed on sales receipts at service stations, as well as drop in purchases of big-ticket items.