Spending increased for a fourth straight month, pointing to a pickup in economic growth that could allow the Fed to raise rates this year.
CNBC's Rick Santelli reports the July reads on personal income up 0.4% and spending up 0.3%, both as analysts had expected.
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Mike Pence, the Republican vice presidential candidate, filed a sparse financial disclosure, suggesting a relatively modest income and lifestyle.
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Spending rose as households bought a range of goods and services, suggesting consumption will remain strong after surging in the second quarter.
CNBC's Rick Santelli and Steve Liesman look at the June readings for personal income and spending in the U.S.
CNBC's Robert Frank reports on new data on income inequality and how it has affected the top one percent of the U.S. over the past 10 years.
Spending rose on demand for automobiles and other goods, but there are fears the U.K.'s vote to leave the EU could prompt Americans to cut back.
CNBC's Rick Santelli breaks down the latest numbers on spending and income.
How to think about the equity market impact from Brexit on your retirement money, with John Sweeney, Fidelity Investments EVP.
Former Federal Reserve Chair Alan Greenspan discusses the potential fallout politically and economically from the Brexit vote.
CNBC's Rick Santelli discusses how overseas policies affect the U.S. markets.
Federal Reserve Chair Janet Yellen answers questions about wages.
Andy Stern, "Raising the Floor" Author, discusses the idea of the United States adopting a Universal Basic Income and getting rid of the welfare system.
Opponents believe the proposal to introduce a guaranteed basic income for all would cost too much and weaken the economy.
Basic income is now a topic that is up for public dicussions globally which is a step forward, says Enno Schmidt, Basic Income Switzerland co-founder.
Inflation also rose steadily, more signs of an acceleration in economic growth that could persuade the Fed to raise rates again as early as June.