Economic Outlook

A look at economic developments and activity in major stock markets around the world Friday: BERLIN - German exports declined slightly for the second consecutive month in August, official data showed Friday, but the slip didn't appear to herald trouble for Europe's biggest economy.

Consumers are squeezed as inflation outpaces wages WASHINGTON (AP) - The notion that consumers will help lead the economic rebound received a stark rebuttal Friday: The spending power of American families is being squeezed.