U.S. and 11 Pacific Rim nations reach deal on massive trade accord
Los Angeles Times

Motor vehicle output up

General Motors assembly workers Monique Watson (L) and Evetta Osborne install an electric battery on the underside of a 2011 Chevrolet Volt electric vehicle at the Detroit-Hamtramck Assembly plant in Hamtramck, Michigan. Motor vehicle output rebounded strongly in July, further easing fears the economy could slide into recession. Rebecca Cook/Reuters