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.
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: AP - 🏆 728. / 51 Read more »
Source: CBSNewYork - 🏆 268. / 63 Read more »
Source: CBSNewYork - 🏆 268. / 63 Read more »