1 Day
Source:
Los Angeles Times
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Iran Tensions Push Gas Prices Up
Consumer confidence in the U.S. declined slightly in July due to rising gas prices and ongoing geopolitical tensions involving Iran. The Conference Board's index dropped from 92.2 to 90.8, with inflation and higher grocery costs also contributing to public pessimism. Despite a modest decrease in unemployment, hiring slowed, and perceptions of the job market remained negative.
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