By TIM PARADIS, AP Business Writer 1 minute ago NEW YORK - Stocks headed toward a lower opening Friday after the government said personal incomes fell by the biggest amount in nearly three years and consumer spending slowed.Investors also charted the path of Tropical Storm Gustav.
The Commerce Department said personal incomes fell by 0.7 percent in July well beyond the drop of 0.1 percent that analysts polled by Thomson IFR had predicted on average. That reflects the waning impact of tax rebate checks that Americans received this spring.
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