| Jul 30 | Dodd Urging White House to Tap Bair as Head of Consumer Bureau Senate Banking Committee Chairman Christopher Dodd has urged the White House to nominate Federal Deposit Insurance Corp. Chairman Sheila Bair as head of the new consumer bureau, according to two people with direct knowledge of the matter. |
| Jul 30 | Most U.S. Stocks Rise as Consumer Confidence Overshadows GDP Most U.S. stocks rose, extending the biggest monthly gain in a year for the Standard & Poor’s 500 Index, as higher-than-estimated consumer confidence and business activity tempered concern the economic rebound is slowing. |
| Jul 30 | Data: Recession Even Worse Than Estimated The worst U.S. recession since the 1930s was even deeper than previously estimated, reflecting bigger slumps in consumer spending and housing, according to revised figures. |