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Stock market cools ... Working staves off dementia ... Twinkies shrink

Monday - 7/15/2013, 3:30pm  ET

NEW YORK (AP) -- The stock market is cooling down a bit after a scorching start to July. Stocks inched higher in midday trading on Wall Street as the Standard & Poor's 500 index came off its best week since January. The S&P 500 surged last week and reached another record high on Friday, bouncing back from a June slump.

WASHINGTON (AP) -- The U.S. economy appears to be weaker than many economists thought. A report released today shows consumers spent cautiously last month at retail businesses. They bought more cars and trucks, furniture and clothes. But they cut back almost everywhere else. Excluding volatile spending on autos, gasoline and building supplies, so-called core retail sales rose just 0.15 percent. That's the weakest gain since January.

BOSTON (AP) -- People who delay retirement have less risk of developing Alzheimer's disease or other types of dementia. That's what a study of nearly half a million people in France has found. It's by far the largest study to look at the issue. Researchers say the conclusion makes sense: Working tends to keep people physically active, socially connected and mentally challenged.

NEW YORK (AP) -- Real Madrid (ray-AL' mah-DRIHD') tops Forbes' list of 50 most valuable sports teams, with Manchester United and Barcelona holding the next two spots. Real Madrid moved up a spot from No. 2. Forbes says the team is worth $3.3 billion. The New York Yankees are fourth with a value of $2.3 billion, immediately followed by the Dallas Cowboys at $2.1 billion. Thirty of the 32 NFL teams made the list.

NEW YORK (AP) -- Twinkies apparently have slimmed down for their comeback. Each old Twinkies cake weighed in at just under an ounce and a half and about 150 calories. The new boxes hitting shelves put two cakes at 270 calories and just over 2.7 ounces or 135 calories and about 1.4 ounces for one cake. A spokesperson for the new owner says its predecessor made the change in size in mid-2012 and extended the iconic snack's shelf life.


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