 consumer spending rose 0.3%, while incomes rose 0.5% in May. The iPhone is making a comeback in China. Shipments of Apple's flagship device rose 40% in May after an even better 50% jump in April. But the gains were achieved partly due to Apple and its Chinese resellers cutting prices since the start of the year. Before that, Apple had endured double-digit declines in sales. Ahead of the opening bell on Wall Street, stock futures are edging higher.