An earlier version of this blog was wrong. The FDIC is not proposing a "change to banking capital rules with respect to gold," according to a spokesman.
An earlier version of this story said consumer spending was flat in May for the first time in five months. Consumer spending was actually flat for the first time in six months.
An earlier version of this story incorrectly reported the ratings downgrade of JPMorgan by Moody’s to AA3 from A2. In fact, the downgrade was to A2 from Aa3.
An earlier version of this story said that a Moody's downgrade would cost Citigroup an additional $4.7 billion in collateral. The correct amount is $1.1 billion.
An e-mail alert linked to this story incorrectly stated that FedEx reported first-quarter earnings. The company in fact reported fourth-quarter earnings.
An earlier version of this story incorrectly said Raj Rajaratnam had lost all of Rajat Gupta's investment in their joint business venture called The New Silk Route. In fact, the fund was called Voyager Capital Partners. The two men did invest in a fund called Taj Capital, later renamed New Silk Route, but that is not the fund where the money in question was lost.