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Consumer confidence down as Congress confronts debt ceiling again

US consumer confidence fell slightly in September as Americans grew more wary about the outlook in coming months, a closely watched report released Tuesday showed. The Conference Board said its consumer confidence index fell to 79.7 in September, down from a revised 81.8 in August. Though a decline was expected…

One-third of North Americans say they have ‘no spare cash’

By Susan Fenton LONDON (Reuters) – Global consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on Sunday. The economic outlook, followed…

U.S. consumer confidence remains dark: survey

US consumer confidence remained near its lowest level in two years in September, a key survey showed Tuesday, as politicians continued to battle over how to boost the economy and add jobs. The Conference Board’s consumer confidence index edged up just slightly from its August level of 45.2, to 45.4.…

Asian shares mostly up on U.S. stimulus hopes

Asian markets were mostly up Wednesday, extending a recent rally on renewed hopes for a fresh round of US monetary easing despite weak consumer confidence data in the United States and Europe. Sydney rose 0.56 percent, or 27.3 points, to 4,296.5 while Hong Kong jumped 1.64 percent, or 330.68 points,…

US consumer confidence hits three year high

WASHINGTON — US consumer confidence hit a three year high in February as Americans became more optimistic that their finances would soon improve, according to a widely-watched indicator. “Consumers are more positive about the economy and their income prospects, but feel somewhat mixed about employment conditions,” said Lynn Franco, director…

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