PRESS DIGEST - Washington Post Business - August 5

WASHINGTON Aug 5 (Reuters) - The Washington Post included the following items on the front page of its business section on Aug 5.

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Consumers' buying power was dragged down by inflation in June, according to data released on Monday by the Commerce Department, dealing another blow to a retail industry already beset by economic woes.

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AOL is finally in a position to shed the dial-up-access business that once offered tens of millions of people their first glance at the Internet. In April, parent company Time Warner promised to make clear its plans for AOL's future by its second-quarter earnings call, scheduled for Wednesday.