Americans cut back on spending in June for the first time in almost two years as their incomes grew by the smallest amount in nine months.

The monthly spending and income report from the Commerce Department was another troubling sign that the economy has slowed to a crawl, and it rattled the stock and commodities markets. The Dow Jones industrial average Tuesday was down 265.11 points to close at 11,866.62.

Have you cut down on your spending? Let us know below.

Stable earns permanent permit ... Road restoration years after Sandy ... Let's Go: Holidays in Manorville Credit: Newsday

Newsday probes police use of force ... Pope names new New York archbishop ... Arraignment expected in Gilgo case ... What's up on LI

Stable earns permanent permit ... Road restoration years after Sandy ... Let's Go: Holidays in Manorville Credit: Newsday

Newsday probes police use of force ... Pope names new New York archbishop ... Arraignment expected in Gilgo case ... What's up on LI

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