The Coca-Cola Co. is selling more of its sodas, sports drinks and bottled waters in most parts of the world, with growth particularly strong in emerging markets.
Chairman Ben Bernanke offered a sour assessment of the U.S. economy Tuesday and said the Federal Reserve is ready to take further action if growth doesn't pick up. But Bernanke provided no clues about what steps the Fed might take or whether any action was imminent.
Families have implemented more cost-saving strategies to cut college spending in the past academic year, choosing less expensive schools and finding more economical ways for students to attend.
The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.
