- Global energy needs will surge 50% by 2030 and prices will rise if capacity is not significantly increased, according to a report issued Monday by the International Energy Agency, the Associated Press reported.
- U.S. regular gasoline pump prices dropped 23 cents in the past two weeks to an average of $2.45 a gallon for three grades, analyst Trilby Lundberg reported in her latest survey.
- A Federal Reserve survey said that one-fourth of U.S. banks reported a decline in mortgage loan demand over the past few months.
- YoY Japan's household spending was up 1.0% in September, the first increase in six months.
- Factory production in the U.K. was down 0.3% in September.
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