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U.S. Consumer Spending Drops in October

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Okay.

I didn't -- -- Bob visit brave consumer spending fell more than expected in October marking the first drop since may.

And income growth stalled spending which accounts for more than two thirds USA economic activity.

It's up two tenths of 1% from September.

Personal income was unchanged also fallen short of estimates.

And Ford expects November.

-- a record month for hybrid sales the auto maker has been vocal about its desire to challenge Toyota's reputation for fuel efficiency.

And shares of an active network are soaring.

-- to not to upgrade from Bank of America Merrill Lynch.

Citing attractive valuation the company's stock they've taken a hit after issuing a weaker than expected forecast for the fourth quarter.

And has the latest from Fox Business Network.

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