NEW YORK — American consumers are feeling less confident as summer comes to a close as high prices and interest rates weigh on their willingness to spend. The Conference Board, a business research group, said its consumer confidence index tumbled to 106.1 in August from a revised 114 in July. The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. Both measures saw significant declines in August.
LOS ANGELES — It’s been more than 100 days since members of the Writers Guild of America stopped working and more than a month since the actors union joined them. The financial ripples that the strikes have caused are wide-reaching. It’s affected the obvious industries like studio rentals, set construction, props and makeup to things like coffee shops near studios and dry cleaning for costumes. All across Los Angeles, companies large and small are feeling the effects.
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