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US consumer confidence falls by more than forecast in August

The Conference Board’s index fell to 106.1

Bloomberg News

US consumer confidence fell by the most in two years as souring views on the labor market, higher borrowing costs and lingering inflation curbed optimism. The Conference Board’s index fell to 106.1 this month from 114 in July, data out Tuesday showed. The number was below all estimates in a Bloomberg survey, and the decline […]

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