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Transcripts For KRCB Nightly Business Report 20130715

What one of the worlds biggest banks and most widely held stocks is doing to put the past behind them. Closing the gap. Why the Great Recession prompted an increase in the number of women to take control of their money and become more financially secure. All that and more tonight on nightly Business Report. Good evening, everyone. Fresh worries today about Consumer Spending and the outlook for the u. S. Economy. Retail sales in june were a big disappointment. They notched up just a fraction. Much less than forecast. Sales of gasoline, clothing, furniture, new cars and trucks were strong, but sales of building materials, computer and other electronics disappointed. And americans dined out a lot less often. Thats a troubling sign that consumers are getting stingy about spending. Adding to the worries, new reports showing a slowdown in chinas economy. Its no wonder economists are now recalculating Growth Numbers for the u. S. Over the last quarter. One of them is calling for skimpy gdp gr

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