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U.S. consumer spending falters; wage gains highest since 2008
<p><a href="http://news.yahoo.com/u-consumer-spending-weakest-eight-months-savings-jump-123625869--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/qDV0n8ytkkyv.P0TWAvpzw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-10-31T123625Z_1_LYNXMPEA9U0K0_RTROPTP_2_MARKETS-PRECIOUS.JPG" width="130" height="86" alt="Woman eats ice cream as she looks at the display in the window of a Gold Standard jewellery store in New York" align="left" title="Woman eats ice cream as she looks at the display in the window of a Gold Standard jewellery store in New York" border="0" /></a>By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. But rising consumer sentiment and faster wage growth suggest the weakness in spending will be temporary, with the economy remaining on firm ground. "The fundamentals ... remain very solid," said Gus Faucher, a senior economist at PNC Financial Services in Pittsburgh. "The conditions are in place for continued above-trend growth. ...</p><br clear="all"/>


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